The upcoming rule changes will involve a dramatic increase in the amount of data reported by mutual and exchange traded funds.
Tag: mutual funds
The aim of the project is to increase efficiencies in processing purchases and sales of fund units.
Ultimus will provide a range of middle-office services to Ranger Global's real estate mutual funds.
Societe Generale Securities Services will provide custody services for French asset manager Optimum Gestion Financiere.
Calastone has completed the first phase in a proof of concept designed to apply blockchain to mutual funds transactions.
Northern Trust will partner with Donnelly Financial Solutions to increase automation of data required under SEC rules.
UK FTS is looking to improve the way mutual funds are traded and settled in an attempt to reduce cost and risk.