Bank of New York Mellon
BoNY expands hedge fund services in Dublin
The Bank of New York (BoNY) is expanding its European hedge fund services with the hire of Ian Headon as group manager for alternative investment services in Dublin.
Lepus lists op risk leaders
US firm OpRisk Analytics, Canada-based Algorithmics, and UK company Raft International are leading the operational risk vendor market, according to a report published in January by management consultancy Lepus.
Poor vendor data delays BofNY securities ‘master’ project
The Bank of New York said its efforts to build a ‘master’ securities database was delayed due to poor data from between 13 to 15 data providers.
Mellon introduces risk arbitrage fund
Mellon Financial Corporation, the Pittsburgh-based financial institution, has added a global merger arbitrage fund to its Mellon HBV Alternative Strategies subsidiary.The new fund will focus on investing in a diversified portfolio of global risk…
Temenos signs new contracts with Mellon, TIB and Techcom
Swiss-based financial services vendor, Temenos, has signed US-based Mellon Financial Corporation, Russia's Trust and Investment Bank (TIB) and Vietnam-based Techcom Bank to roll out its integrated banking software suite, Globus.
DTCC seeks to address post Sept 11op-risk concerns
The Depository Trust & Clearing Corporation (DTCC), the world’s largest clearing company, has seized the initiative to address the issue of systemic operational risk concerns raised in the aftermath of the US terrorist attacks of September 11.