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The latest alliance
14 June 2010 Paris
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Societe Generale Securities Services and U.S. Bancorp Fund Services, LLC announce the launch of their Global Securities Services Alliance TM (GSSA). This commercial alliance leverages each organization's geographical and product expertise

Northern Trust appoint from within
14 June 2010 London
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Northern Trust announced today that Penelope Biggs has been appointed as head of the Institutional Investor Group for Europe Middle East and Africa (EMEA). Her appointment further aligns Northern Trust's sales and client servicing teams.

BNP2S Opens in Beijing
14 June 2010 Paris
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BNP Paribas Securities Services has recently opened in Beijing, China. BNP2S will leverage on its wealth of experience and expertise in Europe to offer Chinese institutional investors and sovereign wealth funds its range of asset servicing

Citi, Bloomberg and Euroclear's FundSettle link
14 June 2010 Brussels
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Citigroup Global Transaction Services and Euroclear Bank have today announced an agreement with Bloomberg's Asset and Investment Manager (AIM) system and Euroclear Bank's cross-border fund processing platform – FundSettle

Enhanced accounting and reporting for hedge funds
11 June 2010 New York
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BNY Mellon Alternative Investment Services (AIS), has introduced enhanced accounting and reporting functionality for side pocket accounts and special purpose vehicles (SPVs). The new service offers hedge fund managers greater flexibility.

SEC approves Circuit Breakers
11 June 2010 Washington D.C.
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The Securities and Exchange Commission today approved rules that will require the exchanges and FINRA to pause trading in certain individual stocks if the price moves 10 percent or more in a five-minute period.

Linedata unveils new functionality in LongView
11 June 2010 Boston
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Linedata Services recently announced that it has introduced enhanced repurchase agreement ("repo") and collateral management functionality in its award-winning LongView Trading platform.

BankInvest choose J.P. Morgan
10 June 2010 London
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J.P. Morgan Worldwide Securities Services and BankInvest today announced that J.P. Morgan has been awarded a mandate to provide custody and related services to BankInvest, a leading asset manager and provider of investment funds in the Nordic region.

J.P. Morgan Selected by State of New Mexico
10 June 2010 New York
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J.P. Morgan Worldwide Securities Services, today announced that it has been selected by the State of New Mexico to provide custody and securities services for the State's more than $40 billion in assets.

Worst month since October 2008
10 June 2010 New York
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The Hennessee Group LLC, this week produced statistics showing that May was the worst month of the year for hedge funds and the worst monthly drawdown since October 2008. However, hedge fund managers avoided significant losses

Already here, a next-generation reporting platform
10 June 2010 New York
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Citigroup recently announced that it has just launched Securities Finance Reporting (SFR), a next-generation reporting platform that delivers to clients a degree of transparency, flexibility and accessibility to business data previously unavailable.

Global regulators and their liquid demands
09 June 2010 Boston
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A new report from Aite Group examines liquidity risk and liquidity risk management (LRM), focusing on recent global LRM pronouncements from regulatory bodies in the United States and Europe. It reviews these standards and discusses what market partic