Swift, the network linking banks and other financial institutions, and Efama, the European Fund and Asset Management Association, have published a joint report suggesting that there has been progress in implementing increasing levels of automation and standardisation in the area of fund order processing. The volume of automated processed orders rose by 2.5% to 12.2 […]
The automatisation and standardisation of fund orders received by transfer agents in the cross-border fund centres of Luxembourg and Ireland increased in the first half of 2012, according to a report published today by the European Fund and Asset Management Association in cooperation with SWIFT.
Capita Financial Group, the wholly owned UK fund administrator subsidiary of FTSE 100 listed Capita, is to start using Calastone’s daily reconciliation service for its asset management transactions.
Lázaro Campos is stepping down as chief executive of the Society for Worldwide Interbank Financial Telecommunication (SWIFT) after 25 years with the company.