Top story

23.05.2013

AIFMD: What Should Asset Managers Do Now?

Keith Burman, Senior Managing Director State Street in Luxembourg

The countdown to the July introduction of the Alternative Investment Fund Managers Directive (AIFMD) is underway. Many fund managers are already well-prepared for this far-reaching regime change, but for others there may be a need to accelerate the pace of preparation.  

People Moves

22.05.2013

Coutts Appoints Nigel Drury As Chief Risk Officer

Based in London, Nigel Drury will play a key role in driving Coutts’ risk management agenda across all geographies of the RBS Wealth Division, through continuous liaison with the business’s regulators. 

News

22.05.2013

REGIS-TR And NSD To Intensify Cooperation On The Mutual Exchange Of Information

REGIS-TR, the European Trade Repository owned by Clearstream (Deutsche Börse Group) and Iberclear (BME), and National Settlement Depository (NSD), the Russian Central Securities Depository, have signed a Memorandum of Understanding (MOU) to intensify their cooperation on the mutual exchange of information. 

Trade Analytics

22.05.2013

S&P Capital IQ’s Real Time Solutions Extends QuantLINK Low Latency And Co-Location Hosting Services Into HKEx Datacenter

S&P Capital IQ’s Real Time Solutions has extended its low latency connectivity and co-location services to Hong Kong Exchanges and Clearing Limited (HKEx), through its QuantLINK solution. 

People Moves

22.05.2013

New Hire For BNP Paribas Securities Services

BNP Paribas Securities Services (BNP Paribas) has announced the appointment of Annalisa Winge Bicknell to Regional head of sales and relationship management for Institutional Clients, reinforcing its ambition to grow in the asset manager and asset owner segment of the market. 

Tech Innovation

22.05.2013

Advise Technologies Launches New Integration Services

Advise Technologies, LLC, a software solutions provider for global regulatory and investor reporting has launched a new consulting and integration services offering. This service is designed to help clients create more robust and efficient filing processes for Form PF, CPO-PQR and similar reporting.

Regulations and Compliance

21.05.2013

Stephen O’Connor, ISDA Chairman’s Testimony To The US House Of Representatives Committee On Agriculture

Stephen O’Connor, ISDA Chairman’s raises concerns that the  Dodd-Frank Act could increase, rather than decrease risk. 

Tech Innovation

21.05.2013

CFOs Gain Mobile Window Into Record-to-Report Process With Cadency™ Mobile

Trintech, provider of integrated software solutions for the Last Mile of Finance, today announced availability of the Cadency™ mobile application at its 17th Annual Customer Conference and Executive Circle in Las Vegas, Nevada. 

People Moves

21.05.2013

Stefan Hoppe Joins b-Next To Expand International Sales

b-next, a specialist provider of Market Abuse Surveillance, Insider Dealing and Compliance software solutions, is expanding its sales division to build further successful sales channels that will contribute to future growth. Stefan Hoppe joins as Sales Manager.

Mandates

21.05.2013

Neuflize OBC Outsources Its Dealing Activities To BNP Paribas Securities Services

BNP Paribas Securities Services’s, (BNP Paribas) Dealing Services desk for buy-side clients has been assigned the dealing activities of Neuflize OBC, ABN AMRO Group subsidiary. 

Forward Thinkers

21.05.2013

Clearing And Collateral Countdown

Ted Leveroni, Executive Director, Derivatives Strategy, Omgeo

Within a matter of weeks, central clearing requirements for interest rate and credit default swaps will be introduced in Europe. Ted Leveroni, executive director of derivatives strategy at Omgeo, discusses the collateral implications of the new rules and market participants’ operational readiness. 

Tech Innovation

20.05.2013

SunGard Introduces New Consolidated Protegent Compliance Platform To Help Manage Regulatory Compliance

SunGard has developed the Protegent Compliance Platform, a new consolidated technology platform to help financial firms achieve competitive advantages by streamlining their regulatory compliance management.

People Moves

20.05.2013

SIFMA Announces Former Senator Judd A. Gregg As New CEO And Appoints Kenneth E. Bentsen, Jr. As President

The Securities Industry and Financial Markets Association (SIFMA) today announced the appointment of former three-term U.S. Senator Judd A. Gregg as Chief Executive Officer of the Association and the appointment of former U.S. Representative and SIFMA Acting President & CEO Kenneth E. Bentsen, Jr. as President of the Association.

Clearance and Settlement

20.05.2013

BNY Mellon CSD Signs T2S Framework Agreement

BNY Mellon has signed a Framework Agreement with the Eurosystem to allow it to outsource settlement to the T2S settlement platform, which is set to go live in 2015.

News

20.05.2013

The IMS Group, HedgeOp Compliance And Evenwheel Solutions Come Together As Cordium

A new global brand in regulatory support services and software for the asset management and securities industry was launched today when the established brands of The IMS Group, HedgeOp Compliance and EvenWheel Solutions combined to form Cordium, following their merger last year.

Tech Innovation

20.05.2013

Previorisk, Counterparty Credit Risk Management System Launched In The Middle East.

Compono Strategia, a credit risk services provider, has leveraged risk analytics from RiskMetrics, an MSCI brand. 

Tech Innovation

20.05.2013

Misys Releases Sophis VALUE v5 For Improved Front-To-Back Portfolio And Risk Management

Misys, the global application software and services company, announced today the release of Sophis VALUE v5, its flagship buy-side solution. 

Trade Analytics

20.05.2013

FIX Protocol Ltd. Publishes Updated Guidelines For Global Post-Trade Processing

 FIX Protocol Ltd (FPL), the non-profit, industry-driven standards body at the heart of the global electronic trading community, today published updated recommended guidelines for the use of FIX for post-trade processing. 

News

17.05.2013

Moody's Upgrades Turkey, Clearstream Approves

A Clearstream spokesperson commented on Turkey’s  recent upgrade to investment grade: “Clearstream is delighted to note Turkey has been upgraded. 

Regulations and Compliance

17.05.2013

EBA Adjusts The Next EU-Wide Stress Test Timeline

The EBA has agreed recommendations to supervisors to conduct asset quality reviews on major EU banks. 

News

16.05.2013

Al-Dhabi Investment Selects Misys Sophis VALUE For Front-To-Back Portfolio And Risk Management Capabilities

Misys and Al-Dhabi Investment (ADI), the UAE private investment firm, have unveiled plans to extend their coverage into new asset classes and financial instruments, made possible with the implementation of Misys Sophis VALUE

People Moves

16.05.2013

NYSE Technologies Names Varghese Thomas As Global Head Of Infrastructure Solutions

NYSE Technologies, the commercial technology division of NYSE Euronext, has announced the appointment of Varghese Thomas as Senior Vice President and Global Head of Infrastructure Solutions.  

News

16.05.2013

Mizuho Joins CLS Aggregation Services

Mizuho Corporate Bank, Ltd. (Mizuho) has joined CLS Aggregation Services LLC (CLSAS). CLSAS provides trade compression services to participants active in the over-the-counter FX market, helping reduce post-trade operational risk. 

Forward Thinkers

16.05.2013

Trading ETFs On Exchange – What Next For Europe?

Guy Simpkin, Head of Business Development and ETF strategy for BATS Chi-X Europe

European equities market structure has undergone a transformation designed to open barriers to cross-border equities trading, and the European ETF market may be on the cusp of a similar evolution.  

Search

News Bytes

ISS-MAG Publications

ISS-MAG Q2 2013

ISS-MAG Q2 2013

Keith Bear, Director, IBM GFM and Tom Carey, President, Broadridge at ISS Mag Summit 2012