‘Perfect’ reporting under MiFID II very unlikely by 2018
Industry experts agreed the reporting requirements under MiFID II have brought about ‘unintended consequences’, and firms will not perfect reporting by the 2018 deadline.
Uncategorized
European CCP’s pass ESMA stress test
Europe’s clearers have passed the first ever stress-test exercise carried out by the European Securities and Markets Authority (ESMA).
Catholic Super re-appoints NAB Asset Servicing
Catholic Super has re-appointed National Australia Bank (NAB) Asset Servicing for custody and administration for a further three years.
NAB Asset Servicing Selects Citi As Global Custodian
National Australia Bank (NAB) Asset Servicing has announced that it has appointed Citi as its global custodian, severing a 20-year relationship with Bank of New York Mellon.
Decisive action required in countdown to ‘Global FATCA’
Fund administrators and investment managers must understand new reporting standards prior to their introduction in two months time according to Justin Hayes, product manager at Linedata .
Vision Super Implements Financial Synergy for Administration
Vision Super is implementing a new core registry administration system from Financial Synergy to improve the fund’s efficiency and capability.
CME looks to boost London FX business with Renminbi futures
<p> CME Group will now be able to offer offshore Chinese Renminbi (RMB) futures contracts in London for the first time.<p/>
Frankfurt-based Renminbi Platform to Launch in Q4
Deutsche Boerse has teamed up with the Shanghai Stock Exchange to launch a new venue offering cash market products denominated in Renminbi (RMB).
Hedge Fund CloudAlpha Selects Linedata
CloudAlpha Capital Management has chosen Linedata Global Hedge, an investment management solutions provider, to provide portfolio management technology.
OCC Sees Fewer Loans in January
OCC’s securities lending CCP activities saw a 0.35% decline in new loans from January 2014 with 105,766 transactions last month.