Intertrust acquires Viteos for $330 million
Intertrust sees the acquisition as furthering its strategy of becoming a global leader in tech-enabled corporate and fund solutions.
Fund Administration
Singaporean asset manager signs up for SS&C’s front-to-back platform
The mandate represents the successful integration of front-office technology firm Eze Software with SS&C GlobeOp.
JP Morgan secures custody mandate from Neuberger Berman in Australia
Australia’s largest custodian continues to grow with extended deal from asset manager for its unlisted unit trust assets.
Opus Fund Services opens Dublin-based European fund admin business
Other service providers including Clearstream, Intertrust, JP Morgan and Northern Trust have all expanded their Irish presence to attract new business.
Citco launches recordkeeping and reporting services for institutional investors
Citco Institutional Services will provide new range of services aims to relieve legislative and regulatory pressures on institutional investors.
SS&C hires head of fund administration in Bermuda from Apex
New head of fund administration in Bermuda for largest fund administration provider.
Canadian institutional investors to up alternatives allocations, says CIBC Mellon
All respondents to a CIBC Mellon survey of Canadian institutional investors say they either expect allocations to alternatives to increase or remain the same over the next 12 months.
State Street capturing the attention of hedge funds with new front-office tools
Hedge funds enquiring about State Street’s new front-to-back offerings as the custodian and fund administrator begins reaping rewards of Charles River deal.
Northern Trust selected by $13 billion hedge fund manager as administrator
Northern Trust's technology launches have been focused on providing added transparency and enhancing investor experience for hedge funds.
Clearstream enters Australian market with acquisition of NAB’s funds business
The acquisition of the business marks Clearstream’s first venture into the Australian funds market, as it looks to grow its presence in the Asia-Pacific region.