GLAS, an independent provider of finance administration services, has appointed Joe Knight to spearhead the expansion of the firm’s direct lending platform. Knight will have responsibility for business development and developing strategic relationships with GLAS’ existing direct lending client base.
The European Securities and Markets Authority (ESMA) is to focus on supervisory convergence issues next year, according to its 2017 Work Programme. The programme sets out ESMA’s future priorities and areas of focus in support of its mission to enhance
The introduction of compulsory flexible working hours would open the floodgates to more women working in the UK financial services industry, according to Sturgeon Ventures, a regulatory incubator firm. Sturgeon has submitted four pledges to HM Treasury’s Women in Finance
Management and technology consultancy Brickendon has merged with Spaarks, a software consultancy specialising in rapid technology-led business solutions. The merger is expected to grow the combined business by 150 per cent over the next 12 months. The combined group will
Independent fixed income broker-dealer Amherst Pierpont Securities has hired Erez Biala as managing director and head of structured credit trading and origination. Biala will establish the firm's structured credit trading and origination platform and lead Amherst Pierpont's efforts to capitalise
Continued fee compression, the need for institutional-quality systems and processes, and a desire to reduce the regulatory and compliance burden are just some of the drivers that are pushing hedge fund managers to embrace outsourcing. "Data management has become a
Global assets under management (AUM) linked to firms that have become signatories to the Principles for Responsible Investment (PRI) rose 195 per cent to USD62 trillion in April 2016 from USD21 trillion in 2010. Investor expectations and regulations are driving
Tim Thornton, COO, Fund Services, MUFG Investor Services, comments on the rising capital requirements for fund managers… Following the ‘too big to fail’ challenges of global banks, it is not surprising to see regulators turning their attention to large fund
Maples Fiduciary, a division of MaplesFS and provider of fiduciary, entity formation and management, insurance and administration services, has opened an office in London. The London office will allow the Maples group to address market demand and capitalise on opportunities
Chi-X Japan will launch a new venue, Kai-X, on 17 October, having gained final regulatory approvals and registration with Japan’s Financial Services Agency. Kai-X is a Reference Price trading venue where investors can anonymously execute trades at prices equal to
