Meanwhile RBC Dexia IS announced a new head of operations yesterday, Yvonne Hurst, who’ll report to Asia-Pacific operations chief Dominique Draux.

Hurst, a seven-year veteran of the administrator, replaces Gordon Little, who has stepped up to a newly created regional role as director of client solutions and business transitions.

Travers said Little would be talking to existing clients about expanding their relationship with RBC Dexia IS, particularly around middle office and unit registry services.