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AlphaMetrix buys Spectrum
17 December 2010 Chicago
Reporter: Ben Wilkie

AlphaMetrix has acquired Spectrum Global Fund...

First win for new Russell service
17 December 2010 Sydney
Reporter: Ben Wilkie

AvSuper has selected Russell Investments to provide fund administration services to its 6,000 members...

MicroEdge Announces FIMS 12.5
17 December 2010 New York
Reporter: Steven Lafferty

MicroEdge, LLC, has announced the release of FIMS 12.5, an essential update to the company’s Foundation Information Management System. FIMS 12.5 delivers capabilities to automate fund administration and information management

Maples offers middle office outsourcing solution
17 December 2010 Dublin
Reporter: Justin Lawson

Maples Fund Services is to offer a suite of middle office outsourcing solutions that will enable institutional investors to efficiently and effectively implement the operations and technology required to support their increasingly complex investment

Parker moves to Butterfield Fulcrum
17 December 2010 London
Reporter: Ben Wilkie

Edwin Parker has been appointed director of business development EMEA at fund administrator Butterfield Fulcrum...

Willis moves to BNY Mellon
17 December 2010 London
Reporter: Ben Wilkie

BNY Mellon Asset Servicing has appointed Jon Willis as head of EMEA Transfer Agency Services, with responsibility for the company’s UK and offshore transfer agent activities...

Stone & Youngberg appoint Touchstone
16 December 2010 San Francisco
Reporter: Justin Lawson

Stone & Youngberg, have announced that Paul R. Touchstone, CFA, has recently been promoted to senior investment strategist and portfolio manager for the firm’s Private Client Group.

Northern Trust selected as global custodian
15 December 2010 Chicago
Reporter: Justin Lawson

Northern Trust has been reappointed as global custodian for the Los Angeles Fire & Police Pension System following a full due diligence process administered by the program directors.

Algorithmics signs Aspen Insurance
15 December 2010 Toronto
Reporter: Justin Lawson

Algorithmics, has announced that Aspen Insurance UK Ltd has signed a subscription agreement for access to the Algo FIRST database of case studies, covering more than 9,600 operational risk events.

Interactive Data extends mobile solutions
15 December 2010 Frankfurt
Reporter: Steven Lafferty

IInteractive Data Corporation, has launched PrimeTerminalSM Mobile, a BlackBerry® application that enables users to follow developments in the financial markets in real time and monitor their own portfolios at any time and from anywhere.

SS&C plots expansion
15 December 2010 New York
Reporter: Ben Wilkie

SS&C Technologies a global provider of financial services software and software-enabled services has signed a 10-year renewal and expansion with The Durst Organization at 675 Third Avenue in New York...

Florida looks for new master custodian
15 December 2010 Tallahassee
Reporter: Ben Wilkie

Florida State Board of Administration is to begin a search in March for a master custodian in a move that may mean it unbundles securities lending and other services from the mandate.