Asset servicing

Davidson to be OCC CEO

OCC, the world's largest equity derivatives clearing organization, this week announced changes to its leadership structure. John Davidson, currently President and Chief Operating Officer, has been promoted to Chief Executive Officer.   Scot Warren, currently Executive Vice President and Chief...
European Commission adopts package of SFTR rules

In what it says is an important step towards increasing the transparency of securities financing markets, the European Commission has today adopted a package new measures under the Securities Financing Transactions Regulation (SFTR).  The SFTR requires all securities financing transactions to be...
Iberclear to launch cross-border custody and settlement

Iberclear, BME's Spanish central securities depository, will launch a cross-border custody and settlement service on December 17 called Cross-Border Services (CBS). It says that Spanish financial institutions will be able to register and settle international securities through Iberclear, which will...
Krypton Fund Services picks PFS-PAXUS

Pacific Fund Systems, a provider of global fund administration software, reports that Krypton Fund Services Holdings Ltd, a boutique independent fund services company based in Bermuda, has selected the PFS-PAXUS fund administration system for its third-party fund administration business operations....
MAS recognizes ICE Clear Credit

OCC named clearing house of the year

ICE reports November figures


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