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J.P. Morgan reports rise in markets and securities services revenue for Q3
14 October 2020 New York
Reporter: Maddie Saghir

J.P. Morgan has revealed its markets and securities services revenue for Q3 this year totalled $7.8 billion, a 29 percent increase from its Q3 2019 figure of $6 million

Kneip names Nick Yeates as chief financial officer
14 October 2020 London
Reporter: Becky Bellamy

Nick Yeates has been appointed as chief financial officer at Kneip, based in both the firm's London office as well as its Luxembourg headquarters

Citi sees Q3 increase in markets and securities services revenues
14 October 2020 New York
Reporter: Maddie Saghir

Citi has reported markets and securities services revenues for Q3 2020 as $5.2 billion, a 16 percent increase compared to Q3 2019, which stood at $4.5 billion.

Northern Trust makes asset servicing hire for Hong Kong, Macau and Taiwan business
14 October 2020 Hong Kong
Reporter: Becky Bellamy

Northern Trust has hired Caroline Hwang to its lead client services for its asset servicing business in Hong Kong, Macau and Taiwan

Fund Studio unveils new middle office services solution
13 October 2020 New Jersey
Reporter: Maddie Saghir

Fund Studio has launched an advanced managed service offering for hedge funds, commodity trading advisors, and asset managers

Ocorian bolsters APAC global fund services team
13 October 2020 Singapore
Reporter: Maddie Saghir

Ocorian has strengthened its team with three new senior appointments to its global fund services team in APAC, all based in Singapore

State Street and SimCorp unite for new outsourcing solution
13 October 2020 London
Reporter: Maddie Saghir

EMEA-based insurance companies will have access to SimCorp Dimension’s cloud-based, multi-asset class capabilities, accounting functionality and managed services

Broadridge to streamline solution for Britannia Global Markets
13 October 2020 London
Reporter: Natalie Turner

Britannia Global Markets has selected Broadridge Financial Solutions to mutualise a solution increasing efficiency, improving business controls that mitigates risk

BNY Mellon reselected by AP7 for global custody
13 October 2020 Brussels
Reporter: Maddie Saghir

BNY Mellon has been reappointed by the Swedish state pension fund AP7 to provide global custody and associated services, continuing a 14-year relationship

BMA grants operating licence to new crypto exchange operator
12 October 2020 Bermuda
Reporter: Maddie Saghir

CrossTower, a new exchange operator, has been granted a license to operate in Bermuda by the Bermuda Monetary Authority under the Digital Asset Business Act

TCS adds custody services to asset servicing offering
12 October 2020 Mumbai
Reporter: Maddie Saghir

Tata Consultancy Services (TCS), a global IT services, consulting and business solutions organisation, has extended its TCS BaNCS cloud for asset servicing offering to include custody services

Northern Trust to provide asset servicing solutions for M&S pension scheme
12 October 2020 London
Reporter: Maddie Saghir

These solutions include specialist fund administration and analytics for M&SPT’s private market portfolio