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Paxos launches new settlement service for listed US equity securities
29 October 2019 New York
Reporter: Jenna Lomax

Paxos Trust Company has launched Paxos Settlement Service, a settlement platform that will process transactions for a limited number of broker-dealers for certain listed US equity securities

CDP picks Murex’s SaaS for capital markets activities
29 October 2019 Paris
Reporter: Jenna Lomax

Cassa Depositi e Prestiti, the Italian national promotional institute, has selected Murex’s software as a solution for capital markets activities

Bravura acquires FinoComp
29 October 2019 Sydney
Reporter: Jenna Lomax

Bravura Solutions is set to acquire FinoComp, an Australian software company

Torstone Technology opens new Toronto office
29 October 2019 Toronto
Reporter: Jenna Lomax

Torstone Technology has opened a new office in Toronto to support its growing base of North American clients

CACEIS appoints Frank Wuring
28 October 2019 Amsterdam
Reporter: Jenna Lomax

CACEIS has appointed Frank Wuring as director of wealth, funds and transaction banking

Crestbridge picks new group head of fund services
28 October 2019 London
Reporter: Jenna Lomax

Crestbridge has appointed Michael Johnson as group head of fund services

SmartStream introduces new module to its TLM solution
28 October 2019 London
Reporter: Jenna Lomax

SmartStream Technologies is to launch an artificial intelligence and machine learning module within its existing Transaction Lifecycle Management cash and liquidity management solution for receipts and payments

TMF Group selects FIS Investran private equity solution
25 October 2019 Amsterdam
Reporter: Jenna Lomax

Fund administrator TMF Group has selected the FIS Investran private equity solution to serve its clients, following its acquisition of State Street’s fund services business in the Channel Islands

iCapital and Schwab expand custodial partnership
25 October 2019 New York
Reporter: Jenna Lomax

iCapital will become the first third-party platform provider on the new Schwab Alternative Investment Marketplace platform

Nikko AM picks BNP Paribas as custodian for new ETF
24 October 2019 Hong Kong
Reporter: Jenna Lomax

Nikko Asset Management has selected BNP Paribas Securities Services as custodian and administrator for its first passive exchange-traded fund, domiciled in Hong Kong

ANNA launches new digital asset technology taskforce
23 October 2019 London
Reporter: Jenna Lomax

The Association of National Numbering Agencies has launched a new technology taskforce on digital assets

Petroleum Development Oman selects State Street for custody services
23 October 2019 London
Reporter: Jenna Lomax

The mandate represents a new strategic collaboration for one of Oman’s private sector employers with State Street’s back and middle office proposition, consolidating its current service providers