Custody, clearing etc

IAM mandates HSS

HSBC Securities Services has recently been appointed as custodian and administrator for International Asset Management (IAM)'s UCITS and AIF ICAV's multi-manager platforms, domiciled in Ireland. As part of the mandate, HSBC will provide custody services, trustee, transfer agent, fund administration...
Kommunalbanken of Norway appoints HSS

HSBC Securities Services (HSS) has been in touch to report that Kommunalbanken (KBN), a local government funding agency, 100 percent owned by the Royal Ministry of Local Government and Regional Development on behalf of the Kingdom of Norway, has appointed HSBC Securities Services in London to...
Northern Trust and BondEvalue partner

Northern Trust and BondEvalue have announced a strategic partnership to deliver integrated asset servicing and digital solutions for fractional ownership of fixed income bonds. They says that BondEvalue's regulated platform will facilitate trading of fractionalized investable assets based on...
Euroclear Bank to join ECB's Target2Securities platform

Euroclear Bank, the Brussels-based international central securities depository, has today announced its intention to offer clients the choice between euro settlement in both commercial bank and central bank money. The option being assessed is to connect to the European Central Bank's...
Russia's AlfaStrakhovanie awards SGSS custody mandate


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