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REAG Investimentos selects Temenos Multifonds
28 October 2022 Brazil
Reporter: Lucy Carter

Brazilian independent fund administrator REAG Investimentos has selected open banking platform Temenos Multifonds to cover the complete fund administration lifecycle of its investment funds

William Haney appointed Drawbridge CEO
27 October 2022 US
Reporter: Lucy Carter

Cybersecurity software and solutions provider Drawbridge has appointed William Haney as CEO and a member of its board of directors. Company founder Jason Elmer will become president

UK competition authority approves LSEG acquisition of Quantile
27 October 2022 UK
Reporter: Bob Currie

The UK Competition and Markets Authority has given the green light to London Stock Exchange Group’s proposed purchase of Quantile, which was first announced in December 2021 for an estimated £270 million

Citi to offer MMF distribution services to institutional clients in China
27 October 2022 China
Reporter: Jenna Lomax

Citi will launch money market fund distribution services to institutional clients in China to help multinational and local corporations in the country to better manage cash amid volatile global markets

Little faith in fixed income market from UK investors, Aeon says
27 October 2022 UK
Reporter: Lucy Carter

55 per cent of UK professional investors expect more cautious fixed income exposure from institutional clients, according to a recently published survey by Aeon Investments

RBC I&TS takes top spot in R&M’s fund and administration survey
27 October 2022 UK
Reporter: Lucy Carter

RBC I&TS was the only organisation to show an improvement in its overall score, with one survey participant reasoning: “RBC strives for perfection and consistently achieves it”

OSC launches prospectus exemption pilot
27 October 2022 Canada
Reporter: Lucy Carter

The exemption offers increased investment opportunities to Ontario investors and provides a new capital source to Ontario-headquartered businesses

Cboe and SBI sign MoU
27 October 2022 Japan
Reporter: Lucy Carter

The MoU foregrounds potential resource and information exchange between the two companies, preparing for future joint business initiatives in areas such as equities and digital assets

Sanlam Private Wealth picks Citi for custody services
26 October 2022 South Africa
Reporter: Jenna Lomax

South Africa-based wealth manager Sanlam Private Wealth has selected Citi Securities Services for execution, cash and custody services for non-domestic client securities

BIS completes CBDC cross-border payments pilot
26 October 2022 Switzerland
Reporter: Bob Currie

The Bank for International Settlements has completed a pilot with four central banks as part of its Project mBridge initiative that aims to deliver cross-border payments between commercial banks using central bank digital currencies

SEBA Bank launches NFT custody solution
26 October 2022 Switzerland
Reporter: Jenna Lomax

The platform enables its clients, either individuals or institutions, to securely store any Ethereum-based NFTs

Cooper Wood appoints Terry Alleyne
26 October 2022 UK
Reporter: Lucy Carter

Asset management and consultancy firm Cooper Wood & Associates has appointed Terry Alleyne as brand ambassador