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LGL Group selects Allvue Systems for fund accounting services
14 April 2022 US
Reporter: Jenna Lomax

Provider of alternative fund and corporate services, LGL Group has selected Allvue Systems to provide its fund accounting and investor portal solutions to support LGL’s fund administration business

PolySign set to acquire digital fund administrator MG Stover
14 April 2022 US
Reporter: Jenna Lomax

US technology company PolySign is to acquire digital fund administrator MG Stover to offer its institutional investor clients a custody and administration offering for cryptocurrency and digital assets

Apex Group acquires shareholding in tax services firm FTS
14 April 2022 US
Reporter: Jenna Lomax

Apex Group has acquired a majority shareholding in FTS, a tax services firm, to reinforce Apex’s offering for clients in the US market

FIS joins forces with Fireblocks for access to digital asset wallet technology
13 April 2022 US
Reporter: Jenna Lomax

FIS has partnered with Fireblocks, a digital asset custody, transfer and settlement platform, to move, store and issue digital assets, and gain access to self-custody digital asset wallet technology

ABN AMRO Bank signs extension agreement with Temenos
13 April 2022 Switzerland
Reporter: Jenna Lomax

Dutch bank ABN AMRO has signed a multi-year subscription extension with Temenos to support customer growth and business expansion on the Temenos Banking Cloud

Clearstream partners with FNZ to launch new business intelligence solution
13 April 2022 Luxembourg
Reporter: Jenna Lomax

Deutsche Börse Group’s post-trade services provider Clearstream has partnered with FNZ, the global wealth management platform, to launch a new business intelligence solution

Universal Investment Group set to acquire European Fund Administration
13 April 2022 Luxembourg
Reporter: Jenna Lomax

Universal Investment Group is to acquire the European Fund Administration

Sionic appoints Craig Miller
13 April 2022 US
Reporter: Jenna Lomax

Sionic has appointed Craig Miller as its first chief client officer

DTCC and Digital Dollar Project test CBDC in trade clearing and settlement
12 April 2022 US
Reporter: Bob Currie

The Depository Trust and Clearing Corporation has released a prototype, developed in collaboration with The Digital Dollar Project, to examine how a central bank digital currency (CBDC) may operate in the US clearing and settlement infrastructure

State Street adds fund services to its custody offerings for clients in Mexico
12 April 2022 Mexico
Reporter: Jenna Lomax

State Street has launched an integrated fund trading solution along with its custody offering for clients in Mexico

HSBC promotes Nick Wheeler to head of MSS for Australia and NZ
11 April 2022 Australia
Reporter: Jenna Lomax

HSBC has appointed Nick Wheeler as head of markets and securities services, Australia and New Zealand

BNP Paribas conducts PoC for mutual fund transaction on fundsonchain’s settlement platform
11 April 2022 France
Reporter: Jenna Lomax

BNP Paribas Securities Services has conducted a technical proof of concept for mutual fund transactions on technology provider fundsonchain's settlement platform