Mike Webb and Spencer Baum have joined SS&C’s newly created global investor & distribution solutions division. Webb has joined as director of strategic sales to lead workplace and long-term savings business development initiatives in the U.K. and Europe. He will lead U.K. and European sales to financial institutions and employee benefit consultants for SS&C’s global…
Month: September 2020
State Street reshuffles Alpha senior management team
State Street has reshuffled its leadership team for State Street Alpha, its open, front-to-back investment servicing platform for institutional and wealth management firms. State Street Alpha provides an outsourced platform across front office solutions, analytics, liquidity, data management, and outsourced middle and back office services. Spiros Giannaros has been named chief executive officer of Charles…
Citi adds client reporting functionality to Clarity
Citi has launched a new client reporting solution as the latest enhancement to its middle office services. The new reporting service is built on the Vermilion Reporting Suite, a global client reporting platform, coupled with Citi’s own Clarity data and analytics platform. The new reporting service offers asset manager clients a low-touch, automated solution for…
Itau USA Asset Management consolidates with SS&C GlobeOp
Itaú USA Asset Management has selected SS&C GlobeOp as its fund administrator. IUAM is the U.S. investment management arm of Itaú Unibanco, Brazil’s largest non-government bank. SS&C will provide fund administration, including full middle and back office services, investor services, performance analytics, regulatory compliance assistance and risk-related services for Bank Itaú’s Cayman-domiciled funds.
Ultimus launches second phase of uSUITE platform
Ultimus, the U.S.-based independent fund services provider, has completed the second phase of the company’s proprietary uSUITE technology platform. uSUITE uses robotic process automation to streamline massive amounts of back-end data processing, eliminating the need for manual intervention. Ultimus expects to launch the third phase before year-end.
Centaur appoints Louise Lawlor as CFO
Centaur Fund Services, the Ireland-based administrator, has appointed Louise Lawlor as group chief financial officer. She is based in Dublin. Prior to joining Centaur, Lawlor worked at Key Capital, an Irish wealth, investment and corporate advisory firm, where she advised financial services businesses on mergers and acquisitions, capital raisings and other strategic initiatives.
Northern Trust adds reporting functionality to Front Office Solutions
Northern Trust has released two new reporting capabilities – valuation status and advanced client reporting – for its Front Office Solutions clients. The new FOS valuation status tool enables institutional investors to more accurately measure current portfolio values and issues alerts when prices are updated. The advanced client reporting tool allows users to customise report…
State Street expands relationship with Protective Life
State Street has expanded its servicing agreement with Protective Life Corporation, a wholly owned U.S. subsidiary of Dai-ichi Life Holdings, Inc., and will now provide the insurer with outsourced accounting services for a significant portion of its separate account life and annuity business. Protective provides financial services through the production, distribution and administration of insurance…
Apex acquires Praesidium in UAE
Apex Group has acquired Praesidium Advisory Ltd., a UAE based compliance and risk advisory firm.
Sanne hires Keith Miller as global head of private debt
Sanne, the UK-listed provider of alternative asset and corporate administration services, has appointed Keith Miller as the global head of private debt. Based in London, he will be responsible for building the private debt and loan agency product offering. Miller joins from Global Loan Agency Services Limited and Nomura International Plc. Sanne’s private debt business…