Asset Servicing

RPMI Railpen turns to Eagle

Eagle Investment Systems, a BNY Mellon company and leading provider of financial services technology, reports that RPMI Railpen, a UK pension provider, has deployed Eagle’s enterprise data management solution, using Eagle ACCESS(SM), a secure private cloud. 

Eagle says RPMI Railpen engaged it as part of a major project to establish a data platform to support the investment team, improve the quality, availability and delivery of data to the front office and to create security reference master and investment book of record (IBOR).

“We have already started to see the benefits of the implementation,” said Nicky Dymond, director of strategy and change, RPMI Railpen. “We have leveraged the capabilities of the platform to provide enhanced reporting capabilities, add greater analytical breadth and depth to the data and to build an architecture that efficiently provisions front office systems and processes with consistent data. This will allow the business to realise rewards in terms of analytical capability, confidence and accuracy.” 

 

Asset Servicing

Northern Trust has announced a series of appointments within its global capital markets business.

 

Asset Servicing

BNY Mellon says it has enhanced its foreign exchange payment capabilities.

 

Asset Servicing

CACEIS has been appointed by the Advenis Investment Managers management company (the entity previously known as Avenir Finance Investment Managers) to provide account-keeping/custody and depositary services for its entire fund range. 

Asset Servicing

Northern Trust has appointed Douglas Gee as head of sales for its asset servicing business. It says the move is to continue to drive sales momentum for its business across Europe, Middle East and Africa (EMEA).

 

Asset Servicing

Northern Trust has won a mandate from Muscat Capital, the Saudi Arabia-based investment banking arm of Bank Muscat, the largest commercial bank in Oman. 

Asset Servicing

The International Securities Services Association has adopted a set of Financial Crime Compliance Principles. The aim, it says, is to support the efforts of the global community of securities custodians and intermediaries to address the critical challenges posed by financial crime (he Principles can be downloaded from the ISSA website).