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Gen II Fund Services passes independent examination
30 January 2019 New York
Reporter: Jenna Lomax

Gen II Fund Services has completed an independent examination of its administrative, accounting and reporting services

MUFG appoints new chief strategy officer
29 January 2019 London
Reporter: Jenna Lomax

MUFG Investor Services, the global asset servicing arm of Mitsubishi UFJ Financial Group, has appointed Daniel McNamara as chief strategy officer

Opus releases new solution to simplify KYC
29 January 2019 London
Reporter: Jenna Lomax

Clarity KYC integrates business entity identification, screening and due diligence, reporting and monitoring into a single solution

Closure of Bursa Malaysia trading and operations
29 January 2019 Kuala Lumpur
Reporter: Jenna Lomax

The Exchange will resume operations on 7 February 2019

Citco reaches $1 trillion milestone
29 January 2019 London
Reporter: Jenna Lomax

The Citco Group’s global assets under administration has hit the $1 trillion mark

Clearstream to act as custodian for Deutsche Börse
29 January 2019 Frankfurt
Reporter: Maddie Saghir

Following the ongoing progress of the HQLAx target operating model by Deutsche Börse Group and HQLAx, Clearstream, Deutsche Börse Group’s post-trading services provider, will act as custodian

Northern Trust hires Kimberly Evans
29 January 2019 Chicago
Reporter: Jenna Lomax

Northern Trust has appointed Kimberly Evans as head of private capital fund administration in North America

NAV acquired 140 new clients last year
29 January 2019 London
Reporter: Jenna Lomax

NAV Fund Administration Group acquired 140 new clients last year

Maples and Calder rebrands as Maples Group
29 January 2019 London
Reporter: Jenna Lomax

Maples and Calder and MaplesFS have consolidated their offerings under a single brand, now called the Maples Group

BNY Mellon appoints Linda McMahon
29 January 2019 Edinburgh
Reporter: Maddie Saghir

BNY Mellon has appointed industry veteran, Linda McMahon, based in Edinburgh, effective 18 February

Northern Trust to provide asset servicing to AD Global Investors
28 January 2019 Abu Dhabi
Reporter: Jenna Lomax

Northern Trust has been appointed the sole broker and provider of foreign exchange, fund administration and custody support for AD Global Investors

Hong Kong to revise settlement and servicing model
28 January 2019 Hong Kong
Reporter: Jenna Lomax

According to HKEX, an uncertificated, or paperless, securities market, investors could hold and transfer securities in their own name without share certificates or other paper documents