News search | Securities Finance Times

Generic business image for news articles

Global custody mandate for BNY Mellon
20 November 2017 London
Reporter: Stephanie Palmer

BNY Mellon has been selected to provide global custody and other services for the open-ended investment company of First State Investments

LEIs offer major cost savings, says OFR
17 November 2017 Washington DC
Reporter: Drew Nicol

The OFR noted that early academic studies found that cost savings associated with adoption of the LEI approached $1 billion annually

InvestCloud builds on digital platform
17 November 2017 Los Angeles
Reporter: Stephanie Palmer

Financial technology provider InvestCloud has added a new portfolio management tool to its digital platform

Deutsche Boerse taps UniCredit’s Theodor Weimer as CEO
16 November 2017 Frankfurt
Reporter: Drew Nicol

Theodor Weimer begins his new role in January, and will take over from Carsten Kengeter, who will leave Deutsche Boerse at the end of 2017

Volante and Open Vector partner
16 November 2017 New York
Reporter: Jenna Lomax

Open Vector open banking strategy will be combined with Volante’s VolPay Channel

Industry consortium creates third-party risk platform
16 November 2016 London
Reporter: Theo Andrew

TruSight includes American Express, Bank of America, J.P. Morgan Chase and Wells Fargo, and intends to deliver a “comprehensive approach”

Northern Trust AM names new regional COO
16 November 2016 London
Reporter: Theo Andrew

Northern Trust Asset Management (AM) has promoted Martha Fee to COO for Europe, the Middle East and Africa and the Asia-Pacific region

Vela launches new data hub
15 November 2017 London
Reporter: Jenna Lomax

The new data hub will provide clients with access to multiple systematic internaliser liquidity price feeds through a single application programming interface

AFME urges integrated post-trading system in EU
15 November 2017 Brussels
Reporter: Theo Andrew

Responding on the final day of the commission’s public consultation on post trade in the Capital Markets Union, AFME urged for the “swift dismantling of the European Post-Trade Forum barriers”

Asset managers concerned about reliance on manual processes, says Confluence
15 November 2017 Pittsburgh
Reporter: Jenna Lomax

In a recent Confluence report, 22 percent of asset managers said the reliance on manual processes was the biggest back-office challenge they faced

Credit Suisse bolsters US equities team
15 November 2017 New York
Reporter: Jenna Lomax

Based in New York, Gerry Milligan will start his role in January 2018 and will report to Anthony Abenante, managing director of global markets

Big changes ahead for BNY Mellon in 2018
14 November 2017 New York
Reporter: Theo Andrew

BNY Mellon is set to undergo sweeping organisational changes, creating three new units under its investment services segment, and merging its three largest US investment management businesses