BNP Paribas Securities Services is expanding its market and financing services for clients in Asia Pacific with the launch of a new agency securities lending desk in Hong Kong. This desk will complement existing services offered in Sydney, London and New York. BNP Paribas has appointed Anthony McDonald to head up the Hong Kong agency…
Category: Bank Providers
HSBC upgrades insurance administration services in Asia
HSBC has launched an upgraded fund administration solution for Asia-based insurance companies, after onboarding HSBC Life, its Hong Kong insurance business. HSBC now provides accounting, valuation and other administration services to HSBC Life, with over USD56bn of assets under administration onboarded, and more scheduled across Hong Kong and Singapore.
BNY Mellon hires Fangfang Chen as head of Asia Pacific
BNY Mellon has appointed Fangfang Chen as head of Asia Pacific and Asia Pacific head of asset servicing and digital. She will be based in Hong Kong and will report to Hani Kablawi, head of international, and James Slater, head of asset servicing client coverage and front office solutions. She succeeds David Cruikshank, who is…
HSBC facilitates new sec lending transactions in mainland China
HSBC has facilitated securities lending transactions conducted by China Asset Management (Hong Kong) Limited in mainland China. The two transactions, executed on the Shanghai Stock Exchange and Shenzhen Stock Exchange, are among the first batch of securities lending transactions via the Qualified Foreign Institutional Investors (QFII) scheme. HSBC is the custodian, providing services including investment…
State Street upgrades Fund Connect client interface
State Street has marked the twentieth anniversary of its Fund Connect platform with a new user interface, featuring the addition of a widget enabled customisable dashboard. Fund Connect is a global trading, analytics and cash management tool with access to more than 400 money market funds.
Bloomberg links BSKT with Brown Brothers Harriman
Bloomberg has established a new streamlined workflow between BSKT, its primary market solution for ETFs, and Brown Brothers Harriman. It claims to be the first real-time solution that provides authorized participants with a single interface for ETF order taking and negotiating ETF baskets. BSKT is a primary market solution for negotiation, ticketing and routing ETF…
Steve Payne joins PA as a partner in Sweden
PA Consulting has appointed Steve Payne as a new partner within financial services in Sweden. Payne was most recently partner at Deloitte with responsibility for the financial markets in the Nordic countries, and before that a business development manager at BNP Paribas Securities Services.
NT adds research management and investment analysis modules to FOS platform
Northern Trust has launched research management and investment analysis modules in its Front Office Solutions platform. The new research management module captures the life-cycle of the entire manager selection process, including contacts, key relationships, quantitative and qualitative data, emails, documents, meeting notes, and calendar entries. A flexible data model allows users to customise views, synchronise…
Shirleen Ng joins Burgiss as APAC regional sales director
Shirleen Ng has joined Burgiss, the specialist provider of software to the private capital sector, as APAC regional sales director. She joins from BNY Mellon, where she was most recently APAC regional sales director for data and analytics solutions.
Sabrina Li joins TMF to run China & Taiwan fund admin
Sabrina Li has joined TMF Group, the Netherlands-based professional services firm, to lead its fund administration business in China and Taiwan. Li joins from State Street.