News search | Securities Finance Times

Generic business image for news articles

Northern Trust supports asset managers’ fund distribution oversight for 3D
17 June 2021 UK
Reporter: Maddie Saghir

Northern Trust will make 3D’s platform service available to clients to help them discharge their regulatory responsibilities for performing due diligence of their distributor networks

Clearlake Capital sets acquisition sights on Confluence
17 June 2021 US
Reporter: Maddie Saghir

Upon closing of the transaction, Clearlake will become the majority shareholder while TA will retain a minority equity stake

ICSD Clearstream partners with Saudi securities registry to streamline access to vast capital market
17 June 2021 Saudia Arabia
Reporter: Alex Pugh

Eligible clients now have access to the Middle Eastern country’s Islamic and corporate bond market and listed ETFs thanks to an indirect linkage established via HSBC Saudi Arabia acting as local custodian for Clearstream

SGSS Italy wins depositary bank mandate from Clessidra Private Equity
17 June 2021 Italy
Reporter: Becky Bellamy

As part of the mandate, SGSS will provide depositary bank services for the new reserved closed-end alternative investment fund called Clessidra Capital Partners 4

Capco welcomes FCA’s aid for post-LIBOR transition
17 June 2021 UK
Reporter: Maddie Saghir

Capco's Dave Grace suggests at present the market is simply not going to be able to address all the relevant complexities prior to the scheduled transition from Sterling LIBOR for all products and client types at the end of 2021

Hazeltree partners with Guotai Junan International
17 June 2021 China
Reporter: Maddie Saghir

As part of this partnership, GTJAI has implemented Hazeltree as its treasury management solution to improve client support and satisfaction

Alter Domus expands Irish offering with launch of AIFM and depositary services
17 June 2021 Ireland
Reporter: Becky Bellamy

The launch of an AIFM management company follows approval by the Central Bank of Ireland for the acquisition of Beechbrook Capital’s Irish AIFM, and authorisation for Alter Domus’ specialised depositary services

FIS launches series of AI-driven risk products through partnership with C3 AI
17 June 2021 US
Reporter: Bob Currie

Developed in partnership with enterprise AI company C3, the AML Compliance Hub aims to extend the ability of capital markets firms to combat risk of financial crime

Colin Brooks named Hex Trust advisory board chair
17 June 2021 Hong Kong
Reporter: Becky Bellamy

Brooks continues to bring more than 30 years of experience, knowledge and connections building institutional custody and securities businesses

State Street unveils new survey on alternative asset managers
17 June 2021 UK
Reporter: Maddie Saghir

State Street has published its findings from a survey looking into the actions alternative asset managers plan to take in order to meet the growing needs of institutional investors

RBI extends Johann Strobl’s management board term of office
16 June 2021 Germany
Reporter: Maddie Saghir

Strobl, who has served as CEO of RBI since March 2017, was previously CRO of Raiffeisen Zentralbank Österreich AG from 2007 and CRO of RBI from 2010

Data named the biggest ESG challenge, Sionic and Clearwater Analytics survey finds
16 June 2021 UK
Reporter: Maddie Saghir

“Sustainable investment is increasing the challenges on data functions that are dealing with disparate, incomplete ESG data sets which are being used as inputs to internal modelling, exclusion checks and reporting," says Clare Vincent-Silk