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NAFAA adds Horseshoe and Sudrania
03 January 2018 Boston
Reporter: Jenna Lomax

The North American Fund Administration Association has added Horseshoe and Sudrania to its roster business association for alternative fund administrators

SPCEX launches exchange-traded repos with Bank of Russia
02 January 2018 Moscow
Reporter: Jenna Lomax

The St. Petersburg Currency Exchange has launched exchange-traded repos with the Bank of Russia, using The National Settlement Depository’s collateral management system

Euroclear appoints new regional head of Americas
02 January 2019 New York
Reporter: Maddie Saghir

Miguel Ferreira has recently been appointed as Euroclear’s regional head for the Americas, based in Wall Street

CDC appoints new CEO
02 January 2018 Islamabad
Reporter: Jenna Lomax

Badiuddin Akber has been appointed as the CEO of the Central Depository Company of Pakistan Limited, subsequent to formal approval by the Securities and Exchange Commission of Pakistan

Northern Trust’s Chapman takes on additional securities services role
02 January 2019 London
Reporter: Maddie Saghir

Justin Chapman has taken on an additional role at Northern Trust as the product executive for securities services

MUFG hires John Karabelas
21 December 2018 New York
Reporter: Rebecca Delaney

MUFG has appointed John Karabelas as head of institutional investor sales for the US

Asset servicers broaden offerings as part of acquisition trend
21 December 2018 Copenhagen
Reporter: Maddie Saghir

The acquisition trend in the investment management software vendor space gathers pace and widens to include asset servicers broadening the scope of their offerings, according to Klaus Holse, CEO, SimCorp

DTCC’s Larry Thompson retires
20 December 2018 New York
Reporter: Maddie Saghir

Larry Thompson has retired from DTCC after working there for more than three decades, effective end of this year

EC adopts conditional equivalence for CCPs and CSDs post-Brexit
20 December 2018 Brussels
Reporter: Maddie Saghir

The European Commission has adopted conditional equivalence for CCPs and CSDs post-Brexit, as part of its no deal contingency action plan

New mandate strengthens Citi’s ties with Aegon
20 December 2018 London
Reporter: Rebecca Delaney

Citi has been appointed by Kames Capital UK Funds, a branch of Aegon Asset Management, to provide depositary services, representing £7 billion in assets

MUFG subsidiary gains investment firm licence in the Netherlands
20 December 2018 London
Reporter: Maddie Saghir

Mitsubishi UFJ Securities Holdings, a consolidated subsidiary of MUFG, has been granted a licence to operate as an investment firm by the Dutch Authority Markets

Northern Trust launches Rec dashboard
20 December 2018 Chicago
Reporter: Maddie Saghir

Northern Trust Hedge Fund Service has launched a Reconciliations Dashboard, a reporting tool that aims to improve efficiency in account reconciliation