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Citi hires new global head of securities services
01 December 2017 New York
Reporter: Jenna Lomax

Brian Ovaert will be responsible for overall strategic direction of the securities services operation function, as well as the day-to-day activities of the business

Northern Trust bolsters transition management team
28 November 2017 Chicago
Reporter: Jenna Lomax

Michael Mahoney will focus on transition management services for insurance companies and financial institutions across the EMEA region

Citi boosts custody and fund services team
21 November 2017 London
Reporter: Stephanie Palmer

Fiona Horsewill is set to join Citi as head of product development and strategy for custody and fund services EMEA

Northern Trust AM names new regional COO
16 November 2016 London
Reporter: Theo Andrew

Northern Trust Asset Management (AM) has promoted Martha Fee to COO for Europe, the Middle East and Africa and the Asia-Pacific region

Association of Canadian Pension Management appoints new board member
08 November 2017 Toronto
Reporter: Jenna Lomax

Alongside her current role as senior client relationship manager for the Atlantic region of Northern Trust, Andrea Perry will be a member of the board for three years

Northern Trust sees custody earnings increase
27 October 2017 Chacago
Reporter: Jenna Lomax

The bank's custody and administration earnings have increased by 13 percent, from $299.4 million in Q3 2016 to $338.1 million in Q3 this year

Broadridge completes blockchain bilateral repo pilot
18 October 2016 New York
Reporter: Theo Andrew

The pilot, conducted in partnership with Natixis and Societe Generale, utilises distributed ledger technology in order to make complex processes “more secure, transparent and efficient”

Northern Trust names new leader for Netherlands
11 October 2017 Amsterdam
Reporter: Jenna Lomax

Herman Prummel, who will be based in the Amsterdam office, will be responsible for business development, sales and client activities for Northern Trust’s asset servicing business

RBC tops R&M fund admin survey
03 October 2017 London
Reporter: Theo Andrew

The R&M Investor Services survey asked asset managers and other financial services clients to score their fund accounting and administration providers out of seven

Northern Trust strengthens fund services in Luxembourg and Switzerland
02 October 2017 London
Reporter: Theo Andrew

The deal, first announced in February, positions the wealth management provider as the leading administrator in Switzerland, in terms of assets, and as a top 10 asset servicing provider in Luxembourg

KAS BANK bolsters senior team
04 September 2017 The Hague
Reporter: Jenna Lomax

Brown will be responsible for building long-term relationships with the service provider’s UK pension fund clients, assisting them in delivering their strategic goals

Reliance Trust Company chooses Northern Trust for investment services
31 August 2017 Chicago
Reporter: Jenna Lomax

Northern Trust has been chosen by Reliance Trust Company to provide back-office services including custody, fund accounting, and transfer agency for a collective investment trust (CIT) sub-advised by Driehaus Capital Management