Contract news

TrustQuay enters into technology agreement with LGL Group

TrustQuay, a technology provider to trust and fund administration markets, has signed an agreement with LGL Group to shift its…

Chalice buys Succession Link to power new adviser M&A support service

Chalice Financial Network, a recently launched shared-services technology platform for RIAs, has unveiled a new service to offer M&A support…

Smith & Williamson taps Avaloq to enhance investment capability

UK-based financial services firm Smith & Williamson has announced plans to deploy Avaloq's solution to improve delivery of investment management…

Lloyds ends £109bn asset deal with Standard Life Aberdeen

Lloyds Banking Group (LBG) and its subsidiary Scottish Widows have decided to terminate a £109bn asset management contract with Standard…

Nikko Asset Management selects Vermilion as global client reporting solution vendor

Japan-based Nikko Asset Management has selected Vermilion Software, a supplier of client reporting and communications software, as its global client…

GBST, Xchanging partner to develop platform for wealth management firms

GBST Holdings, a provider of securities transaction and wealth management platforms, Xchanging, a business technology and services provider, have partnered…

Caledonia to buy majority stake in 7IM in £100m deal

Caledonia Investments has agreed to acquire a 94% stake in London-based wealth management firm Seven Investment Management (7IM) in a…

Two more Swiss banks sign up for US tax programme to settle tax evasion cases

Swiss banks Bank Linth and Bank Sparhafen Zurich (BSZ) have reached resolutions with US Department of Justice over the tax…

MUFG to buy UBS’ global alternative fund services business

MUFG Investor Services, the global asset servicing unit of Japan's Mitsubishi UFJ Financial Group, has agreed to acquire UBS Global…

EY to buy Integrc to boost GRC client offering

Consulting firm EY has agreed to acquire Integrc, a privately owned governance, risk and compliance (GRC) services to companies that…