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TMF hires Sabrina Li to lead fund admin business in China and Taiwan
28 October 2020 Shanghai
Reporter: Becky Bellamy

Sabrina Li has joined TMF Group from State Street

Northern Trust sees slight increase in Q3 custody and fund admin servicing fees
27 October 2020 Chicago
Reporter: Becky Bellamy

Northern Trust explained that the small increase was primarily due to favourable currency translation and new business, partially offset by unfavourable markets

AcadiaSoft expands APAC efforts ahead of final phases of UMR
27 October 2020 Tokyo
Reporter: Natalie Turner

AcadiaSoft will increase functionality for key products in APAC, including the IM Threshold Monitor and the IM Exposure Manager

DTCC hires former BBH head of custody product Bob Stewart
27 October 2020 Boston
Reporter: Becky Bellamy

Former BBH head of custody product Bob Stewart has joined DTCC as executive director of institutional trade processing

Bob Dorsey set to retire from Ultimus Fund Solutions
27 October 2020 Cincinnati
Reporter: Becky Bellamy

Ultimus Fund Solutions co-founder Bob Dorsey has announced his retirement

Carlyle Group strikes deal for majority stake in Calastone
26 October 2020 London
Reporter: Becky Bellamy

The Carlyle Group has reached an agreement with Calastone to acquire a majority stake in the business from its current shareholders, including Octopus Ventures and Accel

Apex to provide fund administration services to Lorax Capital Partners
26 October 2020 London
Reporter: Becky Bellamy

Apex Group has been named fund administration and corporate services provider to Lorax Capital Partners Fund II

Finastra and CloudMargin partner on new collateral management solution
26 October 2020 London
Reporter: Natalie Turner

Finastra, the financial technology company based in London, and CloudMargin, a collateral management platform, have partnered to deliver an integrated collateral and margin management solution

EC agrees to new CSDR delay until 2022
23 October 2020 Brussels
Reporter: Drew Nicol

The settlement discipline regime, which was originally due to go into force in September, will now come into effect on 1 February 2022

Bequant boosts prime services offering
23 October 2020 New York
Reporter: Maddie Saghir

The digital assets prime broker Bequant has enhanced its prime services to include a new suite of options available to institutional clients

Bottomline teams up StepChange for new Coronavirus Payment Plan
23 October 2020 London
Reporter: Maddie Saghir

The CVPP is a debt management programme offered by StepChange Debt Charity, and created in consultation with the UK Government to help those in need amid COVID-19 challenges

SIA collaborates with fintech to provide digital asset services
22 October 2020 Milan
Reporter: Maddie Saghir

SIA has signed a partnership agreement with Hex Trust to provide digital asset services to European financial institutions