Financial Services Research

Forthcoming Events:

28th January 2012

Latest News

NSD securities turnover and cash accounts turnover grow up to record RUB95.9 trillion and RUB239.6 trillion respectively for 2011

National Settlement Depository (NSD), Russia's only settlement depository servicing the full range of debt and equity securities of Russian issuers, has summed up its operating results for 2011. NSD's... Read more..

Societe Generale Securities services appoints Jeanne Duvoux as CEO and Managing Director of SGSS in Italy

Societe Generale Securities Services (SGSS) has appointed Jeanne Duvoux as CEO and Managing Director of SGSS in Italy (SGSS S.p.A). She reports to Bruno Prigent, Global Head of SGSS. Her appointment is... Read more..

Northern Trust appoints Olivier Noel as deputy managing director Luxembourg Management Company

Northern Trust has appointed Olivier Noel as deputy managing director of its Luxembourg Management Company, the entity which provides fund administration services to Northern Trust clients. Noel, who... Read more..

SWIFT wins T2S connectivity licence

SWIFT has announced that following a public procurement process run by the Banca d’Italia on behalf of the Central Banks of the Eurosystem, it has been awarded a licence to provide connectivity services... Read more..

SIA in partnership with COLT wins the tender for the access network to TARGET2-Securities

SIA, in partnership with Colt, has won the tender for the license for the design, creation and management of the new network infrastructure to connect central depositories (CSDs), Eurosystem central banks... Read more..

KAS BANK and dwpbank to introduce new pan-European securities platform

* KAS BANK and dwpbank have established a partnership in principle to further develop the German, Netherlands and European securities services markets. * dwpbank and KAS BANK will create... Read more..

Euroclear plans senior management changes

Several Euroclear senior management changes are expected to be implemented in early 2012, once the relevant regulatory approvals are obtained. Luc Vantomme, currently Managing Director and head of the... Read more..

Deutsche Börse AG and NYSE Euronext statement on revised remedy submission

NYSE Euronext and Deutsche Börse AG, confirm that they have submitted revised remedies to the European Commission’s Directorate-General for Competition (DG Competition). The revisions are designed... Read more..

CACEIS produces the KIID for COMGEST's French and Luxembourg fund ranges

Since July 2011, CACEIS has handled KIID production for the French and Luxembourg funds of COMGEST, the international fund management company, for which CACEIS acts as depositary. CACEIS has drawn up the... Read more..

DTCC launches enhanced Cost Basis Reporting Service for mutual fund industry

The Depository Trust & Clearing Corporation (DTCC) has announced that it has launched enhancements to its Cost Basis Reporting Service (CBRS) to help customers comply with federal cost basis reporting... Read more..

LCH.Clearnet appoints Charlie Longden as CEO of CDSClear

LCH.Clearnet SA (LCH.Clearnet) has appointed Charlie Longden as CEO of CDSClear, its credit default swap (CDS) clearing service. Charlie joins LCH.Clearnet from Markit where he was managing director of... Read more..

Bats Exchange now offers primary listing services

BATS Global Markets is pleased to announce that the BATS Exchange, also known as the BATS BZX Exchange, is now a U.S. primary listings venue, providing issuers a new market to list their stocks.
Read more..

Mandate Wins

SGSS Russia (Rosbank) appointed by Fleming Family & Partners Asset Management to provide custody and fund services

Societe Generale Securities Services Russia (ROSBANK) has been appointed by Fleming Family & Partners Asset Management to act as Custodian (Depositary) and Investment Funds Trustee (Specialized Depositary). SGSS... Read more..

BNY Mellon to provide mutual fund services to Touchstone Investments

Mandate includes fund accounting and administration, transfer agency and blue sky services BNY Mellon Asset Servicing has been selected by Touchstone Investments to provide mutual fund accounting and... Read more..

BNY Mellon awarded global custody mandate for Fortune SG Fund Management Co. Ltd’s latest QDII Fund

BNY Mellon has been selected by China Construction Bank (“CCB”) as the global custodian for a new qualified domestic institutional investor (“QDII”) fund in China launched by Fortune SG Fund Management... Read more..

Gulf Capital awards private equity fund administration contract to J.P. Morgan

J.P. Morgan’s Worldwide Securities Services has to announced that it has been appointed by Gulf Capital Equity Fund Associates to provide private equity fund administration services to the GC Equity... Read more..

Societe Generale Securities Services mandated by Banco Cooperativo in Spain

Societe Generale Securities Services (SGSS) has been mandated by Banco Cooperativo to provide independent valuation services for their structured products. SGSS was retained by Banco Cooperativo for its... Read more..

BM&FBovespa selects Calypso to register and clear OTC derivatives

- New Calypso platform is one of the world’s most complete OTC derivatives solutions Calypso Technology, Inc., a global application software provider of an integrated trading, risk and processing... Read more..

BBVA Asset Management appoints BNY Mellon to provide Derivatives360 services

Suite of solutions for global assets valued at EUR23 billion BNY Mellon has been appointed by BBVA Asset Management (BBVA) to provide a comprehensive suite of solutions to BBVA’s EUR23 billion global... Read more..

Northern Trust wins approximately £1.5 billion asset servicing mandate for SAUL

Extended services to include investment risk and analytics as well as record keeping for private equity and infrastructure funds Northern Trust has been reappointed for a £1.5 billion (approximately... Read more..

Hamburger Sparkasse appoints BNY Mellon Service KAG as service provider

BNY Mellon has been appointed by Hamburger Sparkasse AG (Haspa) to provide technical services related to investment limit reviews in Haspa’s depository banking business. BNY Mellon Service KAG will... Read more..

Royal Borough of Windsor and Maidenhead awards custody contract to J.P. Morgan

J.P. Morgan’s Worldwide Securities Services (WSS) business has announced that it has been appointed by the Royal Borough of Windsor and Maidenhead to provide global custody and related services... Read more..

Advancing Standards in Global Wealth Management

UBS is committed to being the leading wealth management company worldwide. Bob Currie speaks to a panel of senior representatives from Asset Servicing, a dedicated business line within UBS, and Global Asset Management about their role in delivering this market-leader position, the extension of their product coverage into new locations and the evolving needs of their key client segments in the face of current volatility in global financial markets. Read article

What do pension funds want from their investments in today's markets?

For the average pension fund, developing a successful investment policy can be a challenge in good times. And for most of the UK’s occupational pension funds, these are far from good times, writes Matthew Craig. Read article

Service procurement priorities for an asset manager

Noel Fessey, Global Head of Fund Services at Schroder Investment Management, outlines how Schroders’ strategy for meeting its operational commitments has evolved over the past 11 years and major factors that will shape its future direction. Read article

Investment operations outsourcing: a review of market evolution

Much was written 5-10 years ago about the development of the investment operations outsourcing marketplace. As this product area achieves greater maturity, Bob Currie evaluates where the market is heading and implications for asset manager and service provider. Read article