In February 2011, the value of assets under custody held on behalf of customers registered an increase of six per cent to €11.3 trillion (compared to €10.7 trillion in February 2010)...
State Street has announced today the launch of a new Collateral Tracking service that helps asset managers and owners accurately assess and manage counterparty risk. Clients can now receive up-to-date reporting on the location and status of all colla
BTIG LLC, a global financial services firm specializing in institutional trading and related brokerage services, today announced it has named Joseph Curro and Robert Hymans as Global Co-Heads of Event Driven Strategies.
State Street Corporation has extended its relationship with the UK’s Pension Protection Fund (PPF) for a further term to provide services to more than £5 billion in assets. It will also offer securities lending services...
Direct Access Partners, LLC, has announced a major enhancement to the Global Prime Services platform. The comprehensive offering provides an optimal solution for hedge funds with under $500 million in assets under management.
The California Public Employees’ Retirement System recently announced the appointment of CalPERS executive Larry Jensen as Chief Risk Officer, a new position created to improve the pension fund’s overall risk management program.
Total OCC cleared volume in February reached 357,275,834 contracts. This represents a 35 per cent increase over the February 2010 volume of 264,435,951 contracts...
EuroCCP, the pan-European cash equities clearing house, has signed a memorandum of understanding (MOU) with PAVE, (Plataforma Alternativa de Valores Españoles), Spain’s first multilateral trading facility (MTF), to become the clearing house for PA
Northern Trust has announced that it has deployed a new version of its multi-faceted web portal, Passport®, enhanced to address the specialized needs of institutional investors to quickly access and effectively analyze their investment information.