Financial institutions across Asia Pacific are trailing behind their Western counterparts in preparations for evolving global tax reporting regulations due to cultural and regulatory issues, according to a new report by compliance software specialist Wolters Kluwer Financial Services and the GRC Institute (GRCI), the association for Asia-Pacific governance, risk management and compliance professionals. Canvassing 40… Read More >>
Misys Picks a President as BofA ML Promotes for a GTS Sales Head
Misys Hires from Oracle for New President Misys has appointed a former senior vice president and general manager of Oracle Financial Services, Frank Brienzi, to be president and chief sales officer — a new position for the vendor of banking, treasury, trading and risk management solutions. His priority will be to build upon the 31%… Read More >>
SS&C GlobeOp launches in Luxembourg as Dion hires from Reval
SS&C GlobeOp Opens Luxembourg Office SS&C GlobeOp has opened a Luxembourg office, say officials at SS&C Technologies, parent of the fund administrator. The growth opportunities in Luxembourg is behind the decision, say company officials.Asset growth of funds domiciled and/or administered in Luxembourg grew more than 16 percent in the past year to $2,584,099 billion assets… Read More >>
MD at DTCC Becomes Omgeo’s Chairman
MD at DTCC Becomes Omgeo’s Chairman Andrew Gray, managing director of core business management for the Depository Trust and Clearing Corp. (DTCC), joined Omgeo as chairman of the board this past June, officials say. Gray replaces Donald F. Donahue, former president and CEO of the DTCC, who retired from the DTCC last month but will… Read More >>