All latest asset servicing news

BNP Paribas hires Reddy as head of securities services India

02 September 2022 India
Reporter: Carmella Haswell

Dodla Rohit Reddy has been promoted to head of securities services India at BNP Paribas, where he will develop new business opportunities in this important market for the bank

NeoXam promotes Florent Fabre

02 September 2022 France
Reporter: Lucy Carter

NeoXam has appointed Florent Fabre as group managing director

Jean-François Flamant joins Saltgate’s board

02 September 2022 Luxembourg
Reporter: Lucy Carter

Flamant has more than two decades’ experience in financial services, and joined Saltgate from TMF Group in 2021

Onramp joins Bosonic Network

02 September 2022 US
Reporter: Lucy Carter

As part of the mandate, Onramp will support the wealth segment of Bosonic

Apex expands South American presence with MAF acquisition

02 September 2022 South America
Reporter: Lucy Carter

Apex will gain more than 110 employees, and approximately US$16 billion in assets under administration and custody through the mandate

Overbond AI models integrate CDS FIPS

01 September 2022 Canada
Reporter: Lucy Carter

Overbond has partnered with TMX Group to integrate CDS FIPS settlement-layer Canadian bond data into their fixed income trading tools and analytic services

FairXchange names Martin Bradford as chief operating officer

01 September 2022 UK
Reporter: Lucy Carter

Bradford has 20 years’ experience in the finance industry

Lumera appoints Johan Rudén as chief operating officer

01 September 2022 Sweden
Reporter: Jenna Lomax

Rudén joins Lumera with more than 30 years of management experience, having focused on developing businesses and customer experiences in various industries including insurance, financial technology, securities trading and clearing

Apex acquires UK-based Mainspring

01 September 2022 UK
Reporter: Lucy Carter

Apex Group has acquired venture capital fund administration and accounting services provider Mainspring

Genstar acquires Numerix

01 September 2022 US
Reporter: Lucy Carter

Private equity firm Genstar Capital has acquired capital markets risk technology company Numerix

UMR Phase 6 implemented today

01 September 2022 Europe
Reporter: Lucy Carter

The last element of a gradual rollout, UMR Phase 6 extends compliance requirements to firms with total notional exposure of €8 billion

SWIFT applies predictive analytics to reduce processing errors in cross-border transactions

31 August 2022 Belgium
Reporter: Bob Currie

This solution analyses previous payments transactions conducted over the SWIFT network, on an anonymised basis, to identify potential errors in payee details and other trade information that may cause the payment to be processed incorrectly

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