The Bank of New York announced today that AIB BNY Fund Management (Ireland) Ltd., its Irish joint venture with Allied Irish Banks p.l.c., has been appointed by Aon Advisors (UK) Limited to provide custody and fund administration services for Aon
The slow but steady consolidation of the multiplicity of bond trading platforms that emerged in the 1990s took a further step forward today with news that BondsInAsia (BIA) and asiabondportal (ABP), the two Asian bond trading platforms, have agreed to
Custody clients of Standard Chartered always a top rated Asian provider in the Global Custodian agent bank surveys will be hoping that the chronic management ructions at the British bank will draw to a close soon. It was announced today
Asset Control International today announced that Union Investments, the third leading German fund management firm, has chosen Asset Control to centralize its management of securities pricing data. The system will also generate benchmarks and indices for performance measurement, fund administration
Following the successful migration of all JSE listed counters to STRATE and the concurrent changes to market practices, the electronic settlement system has found it necessary to review the underlying assumptions on which its charges were originally determined. Monica Singer,
SecFinex is using technology developed by Cognos, a company making business intelligence software, to deliver tailored trading reports to customers in real time. The online securities financing platform is using Cognos's business intelligence solution, combined with a secure, virtual private
Currenex today announced that JPMorgan and Deutsche Bank have joined Currenex's web based service, FXtrades, with JPMorgan already executing trades. Members on the Currenex service will now be able to access the liquidity that the world's largest banks offer, reach
EquiLend Holdings LLC, the securities lending cartel formed in May last year last year by ten agent and investment banks to counter the threat of disintermediation by building their own global securities lending platform, today announced the appointments of Dirk
BNP Paribas subsidiary Cortal today signed an agreement with SchmidtBank, majority shareholder of Consors, to acquire SchmidtBank's 66.43% equity interest in Consors for EUR 287 million. A public offer will be made to purchase the remaining equity interests in Consors.
Following the departure of Aaliain Guerard to Bank of Bermuda in Luxembourg, Fortis Fund Services has Stephan Roes. He worked previously in Curacao and New York for other fund administration companies. He will focus on business development in Europe, and