latestnews

Citi has launched its new global solution, Citi Virtual Accounts, which allows clients to segregate their balances under a single physical account, providing enhanced visibility, control and efficiencies through centralised payments, receivables and liquidity management. »

QMA continues to expand its outreach to clients around the world, naming Liisa Juntunen as head of UK consultant relations. QMA is the quantitative equity and global multi-asset solutions manager of PGIM, the USD1 trillion global investment management business of Prudential Financial. QMA manages USD127.6 billion as of June 30 2018.  »

Blue Ocean Maritime Income, a closed-ended company which intends to operate as an investment trust, is to launch an initial public offering (IPO) on the London Stock Exchange (LSE). »

VTFinTech, a provider of portfolio management and research evaluation services, has partnered with Alphametry to provide its Parity One based Research Evaluation technology on the Alphametry research platform. »

BSO has become the first global network provider to offer direct connectivity to the India INX International Financial Services Centre (IFSC), enabling foreign investors to access the Indian market. »

New research by managed services provider Claranet indicates that 54 per cent of UK financial services organisations are struggling to draw valuable insights from the vast amounts of data that they collect. »

Gonet La Française Advisors has appointed Peter Stiefel as Managing Director, co-head of business development in Switzerland, alongside Bénédict Fatio. »

Asset Control, a specialist providing high-performance systems for financial data management, has appointed Mark Hermeling as Chief Technology Officer, based in London. »

Ultimus Fund Solutions, a provider of mutual fund services, has reorganised and converted Silk Invest Ltd’s mutual fund into the Ultimus’ sponsored Unified Series Trust.   »