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Ultimus appoints names new CFO
16 July 2020 Cincinnati
Reporter: Maddie Saghir

Ultimus Fund Solution, a provider of full-service fund administration, accounting, and investor solutions, has appointed Michael K. Neborak as executive vice president and chief financial officer (CFO)

BNP Paribas shows support for new fund information platform
16 July 2020 Paris
Reporter: Maddie Saghir

Ffyn is also gaining strong industry support with 53 asset managers and investors signed up to the platform.

Euronext gets Danish approval for VP Securities acquisition
16 July 2020 Amsterdam
Reporter: Natalie Turner

Euronext has clearance from the Danish Financial Supervisory Authority to acquire all of VP Securities

Guernsey targets investment funds growth
16 July 2020 Guernsey
Reporter: Maddie Saghir

Guernsey’s Private Investment Fund has launched a new consultation between the island’s funds industry and regulator to consider widening formation options for the popular regime

Hong Kong welcomes Limited Partnership Fund Bill
16 July 2020 Hong Kong
Reporter: Maddie Saghir

The new ordinance establishes a limited partnership fund regime which enables funds to be registered in the form of limited partnerships in Hong Kong

Citi wins global custody mandate from MUFG Luxembourg
16 July 2020 London
Reporter: Maddie Saghir

Citi has been appointed as the global custody solutions provider for Mitsubishi UFJ Investor Services & Banking Luxembourg, resulting in the transfer of approximately $630 billion of assets onto Citi’s platform

EC reveals UK plans for MiFID framework post Brexit
15 July 2020 Brussels
Reporter: Maddie Saghir

During the transition period, the EC explained that the EU and the UK will negotiate an agreement on a new partnership

Steven Maijoor to step down as ESMA chair
15 July 2020 Paris
Reporter: Rebecca Delaney

The European Securities and Market Authority has published a vacancy notice for the position of chair

Maples Group goes live on Fund Recs platform
15 July 2020 Dublin
Reporter: Rebecca Delaney

The Maples Group has gone live on the Fund Recs Velocity platform to automate cash and position reconciliations

BNY Mellon reports YoY increase in asset servicing revenue
15 July 2020 New York
Reporter: Rebecca Delaney

BNY Mellon revealed a year-over-year increase in asset servicing revenue totalling $1.5 billion, according to its Q2 2020 earnings results

Wolters Kluwer launches new professional services offering
15 July 2020 London
Reporter: Rebecca Delaney

Wolters Kluwer’s finance, risk and reporting business has launched a professional services solution for ongoing software management and maintenance in the Americas

Paxos launches crypto brokerage product
15 July 2020 New York
Reporter: Rebecca Delaney

Paxos Trust Company has launched a new product, Paxos Crypto Brokerage, to allow companies to integrate cryptocurrency buying, selling, holding, and sending into their own applications