A-Team Insight Author: A-Team
Brown Brothers Harriman Names Scott McLaren Head of Relationship Management and Sales for Asia
Brown Brothers Harriman (BBH) announced today that it has hired Scott McLaren as Head of Relationship Management and Sales for Asia to strengthen its services and business development in the region. In his new position, Mr. McLaren reports to Bill Rosensweig, Managing Director for Brown Brothers Harriman (Hong Kong) Limited. Mr. McLaren joins BBH from...
Leading Global Insurance Company Selects XSP v5 Corporate Actions Platform
XSP, the global leader in automated end-to-end Corporate Actions solutions, announced today that it has signed a new client, a leading global Insurance company, to implement the XSP v5 platform for automated global Corporate Actions processing. This new client has licensed the XSP Data Management & Scrubbing module, Web-based eTRAN module for automated notifications, response...
SIX Telekurs Continues to Expand its Evaluated Pricing Team
SIX Telekurs continues to build up its core team of experts to further expand its Evaluated Pricing. The business unit has brought five new members on board in the last few months to both develop the service further, and to respond to its popularity amongst customers. SIX Telekurs has expanded its Evaluated Pricing team in...
Netik Acquires CorrectNet
Netik LLC, a Symphony Technology Group (STG) portfolio company and leading global financial information management provider, announced today the acquisition of CorrectNet, the market leader in managed client communications and delivery. The union of CorrectNet with Netik’s information management products and services is highly complementary and unique to the market place. STG provided the capital...
SunGard Announces Chief Executive Officer Transition
SunGard, one of the world’s leading software and technology services companies, today announced that Russell Fradin will succeed Cristóbal Conde as SunGard’s chief executive officer on May 31, 2011. Mr. Fradin will also become a member of SunGard’s Board of Directors. Mr. Fradin joins SunGard after serving as chairman and chief executive officer of Aon...
EFAMA Calls on the EU Commission to Protect European Data Users in the ISIN Case and Finds S&P’s Commitments Insufficient
Today, the European Commission published Standard & Poor’s (“S&P”) commitments to settle the ISIN dispute pending before the Commission since 2008. The European Fund and Asset Management Association (EFAMA) believes that the complainants primary goal is now within reach, this is that the use of ISINs issued by S&P to end users in Europe becomes...
Schroders Builds Out its Global Investment Management & Research Platform
Schroders is today announcing the appointment of Kate Jones as Head of Investment Services, taking investment responsibility for developing the next generation global investment operating platform. Kate joins from BlackRock where she was Head of Structured Solutions Portfolio Management for Europe. In this capacity, she was responsible for Portfolio Management of Liability Driven Investment, Asset...
State Street Appoints Global Head of Sales for Alternative Investment Solutions Business
State Street Corporation, one of the world’s leading providers of financial services to institutional investors, announced today that it has appointed Maria Cantillon as global head of sales for State Street’s Alternative Investment Solutions business. Based in London, Cantillon, reports to Scott FitzGerald, head of sales for State Street’s Global Services Americas business. Cantillon was...
GS1 Continues its Campaign to be Selected as OFR’s Standards Administrator
ISO may be the bookie’s favourite to be selected as the Office of Financial Research’s (OFR) standards provider, given its expedited drafting of a legal entity ID standard and its recent selection of Swift as its registration authority for that standard, but that has not deterred standards body GS1 in its own bid to become...
Firms Face More Data Disclosure Around Level 3 Asset Valuations, Following FASB and IASB Agreement on Fair Value
Regulators may be at odds with each other this week regarding the definition of what constitutes a firm that is systemically risky, but significant progress has been made on the standards front by the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) in agreeing a global definition for “fair value”. The...