NAB Asset Servicing, the asset-servicing unit of National Australia Bank, has teamed up with GBST Holdings to strengthen its tax and accounting service to custody clients.

NAB Asset Servicing will rely on GBST's Pre-Trade Tax Analyser to help clients manage the after-tax outcomes of their investments in Australian equities on a pre-trade basis. The tool was created by GBST's quant division.

"Superannuation funds have been looking to their custodians for solutions that will support them and their investment managers to better manage, monitor and measure the tax implications of their investments," said Peter Hele, managing director of product and strategic alliances at NAB Asset Servicing. "GBST's Tax Analyser tool will do just that from a pre-trade basis and coupled with NAB's existing After-Tax Performance measurement offering, we are now able to provide clients with superior tax awareness capabilities. "

Calypso Technology Inc. has opened an office in Beijing, to service both the domestic and international institutions across the region.   

DST Global Solution’s Anova, a suite of products for post-trade data management, performance measurement, compliance, and client reporting has won the 2013 FTF News Innovation Award for “Best Middle Office Solution.” 

Bonaire Software Solutions, LLC, provider of revenue and expense management and business intelligence solutions to investment managers, mutual funds, wealth managers and capital markets firms, is hosting a roundtable discussion related to Trade Execution Expense Management on Thursday 23, May from 15:00-18:00 BST. 

In response to the HM Treasury’s final regulation on the Alternative Investment Fund Managers Directive (AIFMD), published today, Julie Patterson – IMA Director of Authorised Funds and Tax reponds.

Bayer AG (Bayer), a global enterprise with core competencies in the fields of health care, agriculture and high-tech materials, has gone live with SunGard’s Adaptiv solutions for risk management. Adaptiv Analytics, Adaptiv 360.  

Natural Gas Exchange Inc. (NGX), a wholly-owned subsidiary of TMX Group, today announced that its application to become registered as a foreign board of trade (FBOT) has received approval from the U.S. Commodity Futures Trading Commission (CFTC). The FBOT registration replaces NGX’s exempt commercial market status, which was eliminated by the enactment of the Dodd-Frank Act.