Fund processing automation rates reach new levels, finds EFAMA research
The 29 transfer agents from Ireland and Luxembourg that participated in the survey processed a combined total volume of orders of 39 million last year.
Tag: Luxembourg
MFEX to take on post-trade fund services from Soc Gen’s GFT in Luxembourg
The deal will see MFEX manage all post-trade services related to funds, currently operated by Societe Generale Luxembourg.
UK fund investors move £62 billion offshore for Brexit prep
Global custodians and fund administrators have bolstered their teams in Ireland and Luxembourg in anticipation of these new flows.
HSBC hires transfer agency veteran for Luxembourg business
Steven Caluwaerts joins from Citi where he was most recently European head of transfer agency product.
BNP Paribas Securities Services reorganises North Europe role
Robert van Kerkhoff has assumed responsibility for driving the bank's growth across the Luxembourg, Netherlands and Nordics markets.
Northern Trust makes Brexit play by establishing Luxembourg bank
The custodian selected Luxembourg as its post-Brexit destination in 2017, creating an EU-banking license as it looked to continue serving continental European funds.
Hong Kong and Luxembourg regulators sign funds recognition agreement
The MoU is the latest agreement for the Hong Kong market as it looks to become a leading cross-border fund hub for international investors.
RBC I&TS appointed administrator for Japan’s AMOAI
The mandate will cover AMOAI’s first global Luxembourg-domiciled infrastructure debt vehicle, Cosmic Blue PF Lotus FCP.
SimCorp expands custody and fund admin offering to Luxembourg
The new business builds on agreements it signed with KAS Bank and Societe Generale Securities Services to use SimCorp Dimension for their custody services.
SS&C GlobeOp appoints new country head for Luxembourg
Haggart previously served as head of fund accounting, and prior to joining SS&C in March 2017 he spent almost nine years at EY in Luxembourg.