Northern Trust  has hired Clayton DaSilva as sales manager, Middle East.

Based in Abu Dhabi, DaSilva is responsible for leading Northern Trust’s business development in the Middle East and supporting business development in Africa, offering Northern Trust’s asset servicing and capital markets solutions to sovereign wealth funds, central banks, asset management companies and corporate clients. He will report to Douglas Gee, head of sales in Europe, the Middle East and Africa (EMEA) at Northern Trust.

ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, today announced that it has been awarded the new certificate of technical accreditation ‘trust mark,’ after passing the technical tests required by Faster Payments Scheme Ltd (FPSL), the System Operator behind Faster Payments. 

Tullett Prebon Information (TPI), a leading global provider of financial market data, has won Best Data Provider (Broker) at the Inside Market Data awards for the sixth year in a row.

The news follows a year of product development and global expansion underpinned by an ongoing commitment to supporting clients with enhanced risk management requirements.

Further delivering on its commitment to fight fraud, MasterCard today launchedSimplify Controls, allowing small- and medium-sized businesses to control, prevent and monitor e-commerce transactions in real time. The solution, a complement to payments platform Simplify Commerce, helps businesses maximize online sales by letting legitimate orders through and keeping fraudulent transactions out.

 Markit, a global provider of financial information services, is announcing a comprehensive solution for compliance with the new market risk capital requirements in the Fundamental Review of the Trading Book (FRTB) standards. Markit has worked with a number of customers worldwide to define a modular platform that will enable banks to model and manage market data and risk factors, generate scenarios and perform capital calculations in line with the new framework.

Hong Kong Exchanges and Clearing Limited (HKEX) and Thomson Reuters signed an agreement for the creation of a new series of Renminbi (RMB) indices.

The new index series will give the world benchmarks that reflect the development of the RMB's effective exchange rate against other major currencies and are designed to be transparent, tradeable and compliant with the International Organisation of Securities Commission's principles for financial benchmark governance and administration.  Details of the new index series will be announced in the next few weeks.

Heidrick & Struggles, a premier provider of executive search, leadership consulting and 

TCF Bank, a subsidiary of TCF Financial Corporation unveils the introduction of ZEOSM, a suite of products that provides choice, convenience and control to consumers who want alternative ways to manage their money. Available today in all 342 TCF branch locations, ZEO helps consumers choose the money-management solution that best meets their needs with the guided expertise of TCF relationship bankers. ZEO's products and services include a prepaid debit card, check cashing, a savings account, money orders, along with Western Union® money transfers and bill payment services.