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New CFO to join SIX
07 October 2016 Zurich
Reporter: Stephanie Palmer

SIX has appointed Daniel Schmucki as its new CFO and member of the group executive board...

Exclusive: New CEO named for CIBC Mellon
06 October 2016 Toronto
Reporter: Stephanie Palmer

CIBC Mellon has appointed Steven Wolff as new president and CEO, effective 14 November...

CME Clearing selects BNP Paribas for custody
06 October 2016 New York
Reporter: Stephanie Palmer

BNP Paribas has been appointed to provide custody services for CME Clearing, the clearing division of CME Inc...

BCEE adopts SmartStream Corona solution
06 October 2016 Luxembourg
Reporter: Stephanie Palmer

Banque et Caisse d'Epargne de l'Etat in Luxembourg has implemented SmartStream’s Corona Universal Data solution for complying with US regulatory requirements...

Indos Financial sees 160 percent growth spurt
06 October 2016 London
Reporter: Stephanie Palmer

UK independent AIFMD depository Indos Financial has recorded 160 percent growth in assets under depository in the last 12 months...

HSBC selected to service SICAV
05 October 2016 Luxembourg
Reporter: Stephanie Palmer

Rathbone Unit Trust Management has selected HSBC Securities Services to provide custody and fund administration services for its new Luxembourg-domiciled SICAV fund...

Rydex brings 1940-Act expertise to MUFG
05 October 2016 New York
Reporter: Stephanie Palmer

MUFG Investor Services has completed its acquisition of Rydex Fund Services, a fund administration focused on 1940 act mutual funds...

Regional shake-up at SGSS
04 October 2016 Mumbai
Reporter: Stephanie Palmer

Societe Generale Securities Services (SGSS) has promoted David Jaegly to the position of deputy managing director of SBI-SG Global Securities Services...

Flexibility and leadership key to data strategies
04 October 2016 London
Reporter: Stephanie Palmer

Asset managers require governance and flexibility in their data strategies, according to a survey by the Economist Intelligence Unit and sponsored by Northern Trust...

Governance expert on board at Maitland
04 October 2016 London
Reporter: Stephanie Palmer

Maitland has appointed Martina Swart to the newly created position of group head of governance services...

ESMA bows to market pressure on SFTR
03 October 2016 Paris
Reporter: Drew Nicol

The European Securities Markets Authority has avoided creating a “major liquidity issue” by revising the Securities Financing Transaction Regulation’s collateral reporting rules...

Banks on board with blockchain, in theory
03 October 2016 Geneva
Reporter: Stephanie Palmer

More than three quarters of banks are experimenting with blockchain, but adoption is far from imminent, according to a survey from SIX Securities Services...