MARKET INFRASTRUCTUREAugust 17, 2017 2:45 PM GMTClearstream to bring new T2S asset servicing model in 2018Clearstream is aiming to simplify the asset servicing process on T2S with a new partnership model in the first quarter of 2018.
CUSTODYAugust 17, 2017 9:38 AM GMTNorthern Trust takes flight with $54bn Boeing pension mandateAs one of the largest pension plans in the US, Boeing will use Northern Trust for custody, valuation, derivatives processing and unitisation services.
TECHNOLOGYAugust 16, 2017 3:12 PM GMTBroadridge chosen by $8bn hedge fund to revamp techBroadridge will provide its range of portfolio management, reference data, and data warehouse solutions for the hedge fund.
MARKET INFRASTRUCTUREAugust 15, 2017 11:06 AM GMTUS regulators provide relief with variation margin changesDerivatives trading bodies are pushing for US agencies to ease rules on how client cash margin held by banks is calculated as part of their capital exposures.
MARKET INFRASTRUCTUREAugust 14, 2017 10:40 AM GMTLCH goes live with new direct collateral accountAviva Investors has signed up as the first buy-side client for the new account type, as well as JP Morgan as the first clearing member for the service.
CUSTODYAugust 14, 2017 10:07 AM GMTCiti loses head of US investor services salesTenney led sales and distribution of prime brokerage, capital introductions, delta one, futures, clearing and collateral management services.
FUND ADMINISTRATIONAugust 10, 2017 3:01 PM GMTFund administrators face demands to upgrade techTechnology, data and reporting enhancements was frequently citied as areas for improvement for service providers in Global Custodian's HFA survey.
CUSTODYAugust 10, 2017 2:50 PM GMTHSBC Securities Services joins DTCC’s GC DirectHSBC joins the likes of JP Morgan and Brown Brothers Harriman that have gone live on the GC Direct service.
SECURITIES FINANCEAugust 09, 2017 3:35 PM GMTSociete Generale bolsters European and Asia prime services teamSociete Generale has promoted Lloyd Michaels to run European prime services sales, and has poached Dereke Seeto from Credit Suisse in Asia.
TECHNOLOGYAugust 09, 2017 11:05 AM GMTNasdaq and SIX Swiss Exchange develop OTC blockchain projectSix Swiss Exchange and Nasdaq have worked together on various technology projects for more than 10 years.