SEB UCITS III Platform Hosts Tungsten Capital Management UCITS Fund
SEB today announced that German equity investment specialist, Tungsten Capital Management GmbH, launched a new UCITS III fund via SEB Master KAG. SEB Master KAG is a one stop shop which facilitates the launch and marketing of German UCITS funds. It helps manage risks and fund administration, accounting and pricing as well as fund and...
Russell Investments Appoints State Street to Service New Common Contractual Fund
State Street Corporation announced today that it has been appointed by Russell Investments to service its new Irish domiciled common contractual fund (CCF). State Street’s operation in Ireland will provide custody and fund administration services to the new Common Contractual US Equity Plus Fund, which is available to institutional investors. State Street is Russell’s preferred...
Storebrand Chooses Standard & Poor’s Global Data Solutions to Meet Solvency II Risk Management Requirements
Standard & Poor’s Global Data Solutions – part of the S&P Valuation and Risk Strategies group – today announced an agreement to supply Nordic Insurer Storebrand with an integrated data offering for its asset management business, Storebrand Kapitalforvaltning. The agreement is designed to help Storebrand meet local customer and European regulatory requirements – in particular...
Citi Launches Next Generation Solution for OTC Derivatives Operations
Citi today announced that its Global Transaction Services business has launched a comprehensive OTC Derivatives Service that consolidates and simplifies the entire post-trade execution process. The offering provides clients with access to a full range of middle and back office services on a single platform, including confirmation, settlement, valuation services, collateral management, margin management, and...
SIX Telekurs Offers Evaluated Pricing for Distressed Securities
SIX Telekurs has expanded its Evaluated Pricing with a unique solution for valuing securities that are distressed due to credit events. Credit events such as bankruptcy, a missed coupon or interest payment on a swap or debenture can trigger doubt that an issuer will meet its obligations. This can spark uncertainty in the market, and...
JPMorgan Selected by MainePERS as New Global Custodian and Securities Lending Provider
JPMorgan Worldwide Securities Services, a provider of global custody and fund services, today announced that it has been selected by the Maine Public Employees Retirement System (MainePERS) to provide custody and securities services for the State’s US$10.5 billion in assets. JPMorgan will provide a wide range of custody and securities services including: global custody, fund...
Numerix Launches LiquidAsset Product for Pricing OTC Derivatives
Numerix, a provider of cross-asset analytics for derivatives valuations and risk management today announced the launch of its product – Numerix LiquidAsset- for Pricing OTC Derivatives and exchange traded deals. Built upon Numerix’s CrossAsset analytics, LiquidAsset is a function based Excel solution for valuation of the most common set of OTC derivative trade types. “LiquidAsset...
Linedata Launches Latest Version of Linedata Mfact with Web Access to All Fund Accounting Information
Linedata, the global solutions provider dedicated to the investment management and credit industry, today announced the latest release of Linedata Mfact, its fund accounting solution for fund administrators, banks and trust companies, mutual funds and pension funds. With over 20 years of providing reliable, accurate and cost efficient technology, users of Linedata Mfact achieve operating...
Trasset International Enters into a Partnership Agreement with StatPro on Risk Management
StatPro Group plc, a provider of portfolio analysis and asset valuation services for the global asset management industry, today announces that Trasset International, an international software solution provider for banks and financial institutions has signed a partnership agreement to integrate the StatPro Risk Service into the Trasset banking platform. Trasset has operations in over 19...
Hana Daetoo Securities Deploys Pricing Partners’ Derivatives Pricing Solutions
Pricing Partners announced today that Hana Daetoo Securities has chosen Pricing Partners’ derivatives pricing solutions, Price-it Excel. Hana Daetoo Securities is the investment banking subsidiary of Hana Financial Group. The agreement was signed through its regional distribution partner Belatos. Hana Daetoo Securities will deploy Pricing Partners’ flagship derivatives pricing engine, Price-it Excel, for its trading...