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Italian custody win for BNP Paribas
12 December 2017 Milan
Reporter: Jenna Lomax

BNP Paribas will provide Sara Assicurazioni with global custody services for €1.3 billion in Italian and foreign assets

Fundsquare and i-Hub bring KYC service to funds
12 December 2017 Luxembourg
Reporter: Becky Butcher

Fundsquare and i-Hub have signed a commercial partnership for the introduction of i-Hub’s know-your-customer (KYC) platform to the funds industry

Zedra hires Lisa Tan
12 December 2017 Singapore
Reporter: Becky Butcher

Zedra has appointed Lisa Tan as head of corporate services, based in the firm’s Singapore office

Synechron names Chris Ekonomidis as director
12 December 2017 New York
Reporter: Zsuzsa Szabo

Ekonomidis has moved to Synechron from Sapient Global Markets

Cyber attacks and Brexit among concerns for 2018, according to DTCC survey
12 December 2017 New York
Reporter: Jenna Lomax

Cyber risk remains the number one threat to financial stability in 2018, according to a new survey published by the Depository Trust & Clearing Corporation

Intertrust hires new CEO and launches Luxembourg AIFMD offering
12 December 2017 Amsterdam
Reporter: Jenna Lomax

Miller, who was previously J.P. Morgan’s head of fund services, will replace current CEO David de Buck

ICE expands clearing risk management senior team
11 December 2017 London
Reporter: Zsuzsa Szabo

Intercontinental Exchange (ICE) has appointed Boudewijn Duinstra to the newly created role of head of first line clearing risk for ICE Clear Europe

TA automation rates reach over 86 percent
11 December 2017 Brussels
Reporter: Jenna Lomax

A Swift report found that automation rate of orders processed by Luxembourg TAs reached 84 percent in Q2 2017, while Irish TAs saw higher automation rates of 90.6 percent, remaining relatively steady

Lux secures funding for SaaS platform
08 December 2017 New York
Reporter: Jenna Lomax

Transcend is Lux’s software-as-a-service solution for front-to-back office automation

ECB approves major settlement and collateral projects
08 December 2017 Brussels
Reporter: Jenna Lomax

The European Central Bank has approved the combination of TARGET2 and T2S, and the introduction of a harmonised collateral management system for the eurozone

SIX: Services providers must expand horizons
08 December 2017 London
Reporter: Stephanie Palmer

Post-trade service providers must focus on providing new services in the future, while also investing in new technologies and personnel, according to research from SIX Securities Services

CloudMargin appoints Martin Adams to head of client operations
07 December 2017 London
Reporter: Zsuzsa Szabo

CloudMargin has hired Martin Adams as head of client operations