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Financial Services Intelligence

Fund Services & Administration

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LIVE FEEDFund Services & Administration News
Reuters2024-07-23

State Street Launches AI-Powered Fund Administration Platform

State Street unveils Alpha platform integrating AI for automated fund accounting and reporting, reducing processing time by 40%.

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Financial Times2024-07-22

BNY Mellon Acquires Citco Fund Services for $3.2B

BNY Mellon expands alternative investment capabilities with Citco acquisition, adding $500B in assets under administration.

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Wall Street Journal2024-07-21

SEC Proposes New Rules for Fund Administrators' Cybersecurity

SEC releases framework requiring fund administrators to implement enhanced cybersecurity measures and incident reporting protocols.

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Pensions & Investments2024-07-20

Northern Trust Wins $150B Mandate from CalPERS

Northern Trust selected to provide custody and fund administration services for California's largest pension fund.

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Bloomberg2024-07-19

JP Morgan Launches Blockchain-Based Fund Transfer Network

JPM's Onyx platform enables real-time fund transfers and settlement for institutional clients across 15 countries.

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Fund Intelligence2024-07-18

Apex Group Completes Integration of Sanne Following Merger

Apex finalizes $1.9B Sanne integration, creating world's largest independent fund administrator with $3T AUA.

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Luxembourg Times2024-07-18

Luxembourg Introduces Digital Fund Passporting Framework

New regulations allow fund administrators to use blockchain for cross-border fund distribution across EU markets.

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Institutional Investor2024-07-17

SS&C Technologies Reports Record Q2 Fund Admin Revenue

SS&C posts 15% growth in fund administration revenue to $1.2B, driven by private markets and ESG reporting demand.

Read full article
Reuters2024-07-23

State Street Launches AI-Powered Fund Administration Platform

State Street unveils Alpha platform integrating AI for automated fund accounting and reporting, reducing processing time by 40%.

Read full article
Financial Times2024-07-22

BNY Mellon Acquires Citco Fund Services for $3.2B

BNY Mellon expands alternative investment capabilities with Citco acquisition, adding $500B in assets under administration.

Read full article
Wall Street Journal2024-07-21

SEC Proposes New Rules for Fund Administrators' Cybersecurity

SEC releases framework requiring fund administrators to implement enhanced cybersecurity measures and incident reporting protocols.

Read full article
Pensions & Investments2024-07-20

Northern Trust Wins $150B Mandate from CalPERS

Northern Trust selected to provide custody and fund administration services for California's largest pension fund.

Read full article
Bloomberg2024-07-19

JP Morgan Launches Blockchain-Based Fund Transfer Network

JPM's Onyx platform enables real-time fund transfers and settlement for institutional clients across 15 countries.

Read full article
Fund Intelligence2024-07-18

Apex Group Completes Integration of Sanne Following Merger

Apex finalizes $1.9B Sanne integration, creating world's largest independent fund administrator with $3T AUA.

Read full article
Luxembourg Times2024-07-18

Luxembourg Introduces Digital Fund Passporting Framework

New regulations allow fund administrators to use blockchain for cross-border fund distribution across EU markets.

Read full article
Institutional Investor2024-07-17

SS&C Technologies Reports Record Q2 Fund Admin Revenue

SS&C posts 15% growth in fund administration revenue to $1.2B, driven by private markets and ESG reporting demand.

Read full article

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