News
Euroclear and Citi Partner for Collateral Management
Euroclear Bank and Citi have announced that they will collaborate on a collateral arrangement that allows mutual client assets held at the latter to be used through the former's tri-party services.
Khuzami Quits as SEC's Top Cop
The US Securities and Exchange Commission (SEC) announced last night that Robert Khuzami, its director of enforcement, would be leaving the regulator after nearly four years of service.
RTS Joins NLX Bandwagon as Nasdaq OMX Platform Nears Launch
RTS Realtime Systems Group has become the latest trading technology provider to offer connectivity to NLX, Nasdaq OMX's new London-based interest rate derivatives market.
Swiss Bank Selects New Access SA for Portfolio Management
CBH Compagnie Bancaire Helvétique, a Geneva-based bank, has chosen New Access SA to provide its portfolio management.
Gu Rejoins HSBC to Head Financial Institutions Group in China
Rani Gu has taken charge of HSBC's global payments and cash management's financial institutions group in China.
FXSpotStream Adds Morgan Stanley as Liquidity Provider
LiquidityMatch subsidiary FXSpotStream announced that Morgan Stanley has gone live as a liquidity provider of FXSpotStream's price aggregation service from FXSpotStream's sites in New York and London.
XSP Complements SunGard Corporate Actions
The capital markets arm of software and technology company SunGard has acquired corporate actions services provider XSP in a move designed to complete its offerings in the space
Instinet Enhances Newport EMS to Help Reduce Operational Risk
Instinet has added a new tool, dubbed OneTicket, to its Newport enterprise management system (EMS) that will allow users to reduce operational risk. In this latest release, the New York-based broker also added new functionality including connectivity to…
Clearstream and 360T Partner for Tri-Party Repo Service
Deutsche Börse's post-trade arm, Clearstream, and front office tech vendor 360T have announced the launch of a tri-party repo service that combines the former's collateral management capabilities with the latter's trading systems.
Sifma Chief Leaves for JPMorgan Post
T Timothy Ryan, the president and CEO of the Securities Industry and Financial Markets Association (Sifma), has resigned from his post at the lobbying group in order to take up a regulatory affairs role at JPMorgan Chase.
Quartet FS Increases Accessibility of ActivePivot Server
In-memory analytics provider Quartet FS has announced that its ActivePivot Server engine is now accessible from a greater number of front-end user interfaces.
Bridgewater Taps Northern Trust for Hedge Fund Servicing
Bridgewater Associates has selected Northern Trust for hedge fund servicing as it tries to improve its middle- and back- office processes.
Northern Trust Brings on Grady for Fund Services
Chicago-based Northern Trust has hired longtime State Street employee Nancy Grady as head of fund administration and fund accounting for North America.
Misys Vet Ho Replaces Sgroe as Fundtech COO
Former Misys executive Edward Ho has been appointed COO at banking technology vendor Fundtech.
Thomson Reuters Launches Fatca Product
The data vendor is helping clients comply with US anti-tax evasion regulations by supplying modules for client onboarding, self-assessment and reporting
Fiera Rolls Out Eagle After Natcan Buy
Fiera Capital Corporation will extend the use of Eagle Investment Systems' technology across its enterprise, after acquiring an existing customer of the vendor.
Fenergo: Financial Institutions Lagging Behind on Fatca
Two thirds of financial institutions are struggling to complete the client identification process necessary for compliance with the Foreign Account Tax Compliance Act (Fatca), according to a new research report published by Fenergo.
Korean Equity Firm Taps eFront for Portfolio Management, Analytics
IMM Private Equity, a South Korean firm with KRW 1.5 trillion (approximately $1.4bn) under management, has signed with Paris-based vendor eFront for portfolio management and analytics support.