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Pirum provides real-time triparty RQV automation


17 September 2012 London
Reporter: Mark Dugdale

Pirum has deployed the final component of its new triparty required value (RQV) service, which it has developed in partnership with J.P. Morgan...
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J.P. Morgan makes Carlos Hernandez head of investor services


14 September 2012 New York
Reporter: Jenna Jones

J.P. Morgan Chase has appointed Carlos Hernandez as head of investor services. The firm has also announced new leadership for the corporate and investment bank division that was formed in July 2012...
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Kentucky Retirement seeks global custodian


14 September 2012 Kentucky
Reporter: Jenna Jones

Kentucky Retirement Systems (KRS) is looking for a new global custodian to provide custody services for its $13.7 billion pension fund...
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Pershing expands in Canada


12 September 2012 Toronto
Reporter: Mark Dugdale

BNY Mellon subsidiary and prime broker Pershing LLC has launched a Canadian affiliate, Pershing Securities Canada Limited, and opened a new offiice in Toronto as it bids to increase its presence in the Canadian market...
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Hedge fund assets for prime custody services surge


13 September 2012 New York
Reporter: Jenna Jones

Hedge fund assets that are available for prime custody services stood at $684 billion in August 2012, increasing by 40 percent since 2010, according to a new report...
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Prospera goes live with Protegent social media surveillance


12 September 2012 Texas
Reporter: Jenna Jones

Texas based broker dealer, Prospera Financial Services has started using SunGard’s protegent social media surveillance program to monitor its advisor’s online activity on social media sites including Facebook, LinkedIn and Twitter...
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HazelTree bags new managing director for sales


12 September 2012 New York
Reporter: Mark Dugdale

Treasury, portfolio and risk management services provider HazelTree has appointed Tyler Gowen to the position of managing director...
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Legal understanding leads to Omgeo update


12 September 2012 New York
Reporter: Georgina Lavers

Omgeo has updated its ALERT database, which deals with settlement and account instructions, with new legal entity data capture functionality...
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BMO Global Asset Management rebrands business lines


11 September 2012 Chicago, Illinois
Reporter: Jenna Jones

The three primary business lines of M&I Institutional Trust Services have been rebranded to reflect their integration into Canadian firm BMO Global Asset Management...
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Zurcher Kantonalbank adds Zemp to prime finance team


10 September 2012 Zurich
Reporter: Mark Dugdale

Zurcher Kantonalbank has snapped up Raphael Zemp as a vice president and trader for its prime finance team. He will work on the fixed income and financing side of the business...
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Advent Launches collateral management toolkit


10 September 2012 Las Vegas
Reporter: Georgina Lavers

Advent Software has launched a new Interest Rate Swaps (IRS) package for the Syncova(R) platform. The IRS package is a set of collateral management tools...