STA Fund Management (STAFM) part of the Schneider Trading Associates Group founded by Sonny Schneider in 1998 to provide trading access, administration and a regulatory framework to hedge funds has launched what it calls "a hedge fund incubation platform." STAFM
ADP Brokerage Services Group has appointed Lisa Berk Lidsky as Vice President of Workflow Process in its Brokerage Processing Services (BPS) group. In her new role, Berk Lidsky will be responsible for selling and promoting the workflow product. She will
Northern Trust of Canada has announced the promotions of three senior staff members, as well as two new hires. Pauline Martin is promoted to Vice President, Kate Nazar to Vice President and Scott Scobie to Senior Vice President at the
Investec Asset Management has become the latest fund management company to sign up to use the UK mutual fund messaging and order routing platform, EMX Message System. "We are delighted to welcome Investec on board the EMX Message System as
Japan Securities Dealers Association (JSDA) recently announced guidelines to introduce "when issued transactions" of Japanese Government Bonds (JGB), which allows market participants to deal JGB trades earlier than the issuing day and execute the settlement on or after the issuing
The International Securities Market Association (ISMA) and the ISMA Centre at the University of Reading have appointed Chisholm Roth, a developer of customised training programmes for investment bankers, to manage a new online distance learning programme for them. The International
The Norwegian Competition Authority has given its approval to the merger between DnB Holding ASA and Gjensidige NOR ASA. Though the decision is subject to the banks meeting certain conditions in the shape of the sale of some companies and
International Business Systems (INBS) has formed a strategic partnership with IBM Global Financing to offer financing to its customers across Europe. The agreement with IBM Global Financing aims to enables IBS's customers to receive a full range of software, consulting
As par of a reshuffle of responsibilities on its managing board, ABN AMRO has appointed Hugh Scott Barrett as Chief Operating Officer (COO). He heads a new unit, Group Shared Services, which the bank has set up to lower costs
Standard Life Investments has appointed Bill Lambert as Head of Middle Office. This new position has arisen as a consequence of the recent decision to outsource Standard Life Investments' Investment Administration to Citigroup. Working with William Littleboy, Operations Director, Lambert