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Showing 651 - 660 of 699 results for "custodian"

Messaging transactions for 12 cents: SWIFT

In two weeks' time, fourteen of the country's leading financial institutions including BT, Barclays and JPMorgan will finish a pilot program that promises to slash messaging transaction fees from around $25 per transaction to 12 cents. Early last month ...

GBST buys InfoComp for $56m

Listed accounting and transactions technology provider GBST has acquired wealth management software group InfoComp for $56 million, a move that effectively doubles its size and enables it to branch out to new markets. Under the deal, GBST will pay InfoComp ...

SWIFT protocols to slash transaction fees

ALEX DUNNIN  |  WEDNESDAY, 1 AUG 2007
Message transaction processing fees for investment managers, custodians and super funds could be slashed from an average $22 down to just 20 cents if they adopt the new SWIFTNet Funds protocols. SWIFT, the Society for Worldwide Interbank Financial Telecommunications ...

Alternatives rewrite custody

... drawing board and set up units specialising in reporting the exotic and not-so-exotic investment asset classes. JP Morgan, custodian to more than half of all super funds in Australia, set up an alternative investments unit five months ago designed to ...

Northern Trust opens local shop

Global custodian Northern Trust, the US-based custodian selected by the $51 billion Future Fund, flagged its more serious intention to service the local market with the grand opening of an Australian headquarters. In May, the Future Fund handed the ...

APRA extends custodian downstream rule exemption

ALEX DUNNIN  |  TUESDAY, 3 JUL 2007
... extends the exemption custodians had from some previous downstream outsourcing prohibitions, but only if the primary custodian continues to carry all the responsibility. The regulator said the exemption applies only where the agreement between the Registered ...

VFMC chooses SimCorp as tech provider

HAMISH MADDEN  |  TUESDAY, 3 JUL 2007
... investment management and middle-office functionality within a seamlessly integrated system that interfaces easily with our custodian," said VFMC chief operating officer, Brett Davidson. "This core platform is critical to the management of a rapidly ...

MLC switches $65b custody contract to NCS

... has switched its $65 billion custody and administration services contract for the MLC MasterKey platform to National Custodian Services (NCS). "With a custody services provider located within the NAB Group it made sense for us to leverage this internal ...

Much ado over Northern Trust

... Consulting has thrown in a contrarian view on the emotive debate surrounding the Future Fund's decision to outsource its custodian needs to offshore player Northern Trust. "Some general media comment recently has not shown a complete understanding of ...

AUI appoints general manager retail

HAMISH MADDEN  |  MONDAY, 14 MAY 2007
... relationships with Colonial First State. He has also spent time with BT, Schroder Investment Management and Westpac Custodian Nominees. Head of Australian Unity, David Bryant, said the business had been patient in its search to fill the position. "We ...