HTG, Kottke to Form a ‘Strong Team’ HTG Capital Partners, a liquidity provider for listed and over-the-counter (OTC) derivatives instruments, is slated to acquire the introducing broker, money management and proprietary trading businesses of Kottke Associates, creating “a strong team” to take on the futures industry, say officials. HTG and Kottke Associates, which is a… Read More >>
Caceis Fills U.K. Business Development Director Post
Caceis, an asset servicing banking group for institutional and corporate clients, has named Owain McNeill business development director for United Kingdom clients, officials say. McNeill reports to Annie Blouin, head of regional coverage for North America, U.K. and Ireland, according to a Caceis statement. McNeill, who will manage the teams in charge of U.K. sales activity, is “responsible… Read More >>
CACEIS Renews CNP Custody Deal
French insurance giant CNP Assurances has inked a five-year renewal contract with asset servicing provider CACEIS for safekeeping of CNP’s foreign and domestic assets relating to its French insurance business, according to a CACEIS release. The custody agreement covers assets worth €280 billion, and also includes settlement bank services, collateral management and other back-office processes…. Read More >>
Rothschild Group, CACEIS Sign Partnership
The Luxembourg arm of the private banker Edmond de Rothschild Group will be develop “a high value-added service,” that will incorporate the fund accounting, bookkeeping, custody and transfer agent services of CACEIS, an asset service provider, according to a new partnership that is subject to the approval of the Commission de Surveillance du Secteur Financier…. Read More >>
Swaps Exchange Hits Milestone as Sapient’s Cloud Links to Clients
Swaps Exchange Processes $100B of Bunched-Order Allocations trueEX Group, the New York-based electronic exchange for interest rate swaps, reports that it has successfully processed more than $100 billion in bunched-order allocations via its newly activated Post-Trade Services (PTS) platform. trueEX’s PTS platform allows buy-side clients and their futures commission merchants (FCMs) to directly allocate executed… Read More >>
Xenomorph Links to S&P Data as Omgeo Takes on Collateral Ops
Xenomorph Builds Connector to S&P Data Data analytics and management systems provider Xenomorph has built a connector between its TimeScape platform and S&P Capital IQ’s data offerings that officials at both vendors say might lead to productivity improvements in operations due to higher data quality.The new link will provide an integrated platform for market, reference… Read More >>
SS&C Has a New SVP for Outsourcing as Former LSE CTO Takes Same Post at LME
SS&C Taps PwC for Outsourcing SVP SS&C Technologies has hired Timothy Reilly, former assurance partner for international accounting firm PwC, to be its senior vice president of institutional outsourcing for its institutional services division, say officials at the financial services software vendor.Reilly will oversee SS&C’s institutional outsourcing division and lead efforts to enhance its presence… Read More >>
Mack Gill Leaves SunGard as Calypso Opens an Office in Beijing
Mack Gill Leaves SunGard to be CEO at Millennium IT SunGard veteran John Mackay “Mack” Gill is the new CEO of Millennium Information Technologies, the Colombo, Sri Lanka-based developer of ultra-low latency trading technologies, officials say. The London Stock Exchange Group (LSEG) acquired MillenniumIT in 2009.Mack joins MillenniumIT from SunGard Data Systems Inc., where he… Read More >>
