Following its 2018 acquisition of DST, SS&C has launched a new unit, Global Investor and Distribution Solutions (GIDS), delivering global transfer agency and investor servicing through a single platform. Nick Wright has been appointed as head of GIDS. Wright joined SS&C in 2018 and was previously with State Street and Northern Trust.
Year: 2020
Northern Trust confirms Jane Western as COO of FOS
Northern Trust has confirmed Jane Western as chief operating officer of its Front Office Solutions (FOS) business. FOS is an integrated digital and service solution focused on enabling enhanced data integration, collaboration and portfolio analysis for complex asset owners such as endowments, pension funds and family offices. Western has served as interim COO since December…
State Street bolsters Asia Pacific senior management team
State Street has appointed Mostapha Tahiri as head of Asia Pacific, and Joanne Chen as head of China. Tahiri, who is based in Singapore, will report jointly to Andrew Erickson, chief productivity officer and chief executive officer for State Street’s international business, and Francisco Aristeguieta, chief executive officer of State Street Institutional Services. Tahiri succeeds…
Frans Annokkee joins CACEIS in the Netherlands
CACEIS has appointed Frans Annokkee as a senior business development manager in the Netherlands. In this role he shares responsibility for asset managers, funds, private equity, real estate and private debt. Prior to this, Annokkee worked at Pictet Asset Management.
HSBC launches two sustainable ETFs
HSBC’s global asset management business has launched two sustainable ETFs: HSBC Emerging Market Sustainable Equity UCITS ETF and HSBC Asia Pacific ex Japan Sustainable Equity UCITS ETF. HSBC’s securities services business will provide custody and fund administration services, while also acting as authorised participant and market-maker.
Apex appointed as administrator for UK’s Preservation Capital
Apex, the Bermuda-based administrator, has been appointed to provide fund administration services to Preservation Capital Partners, a UK-based mid-market private equity investor. Preservation Capital, a specialist investor in the asset-light financial services sector, recently announced the closing of its debut fund, Preservation Capital Partners Fund I, at its hard cap of GBP309m (USD400m).
Kiva appoints UMB to administer Refugee Investment Fund
Kiva, the California-based microfinance provider, has selected UMB Fund Services to provide fund accounting and administration services for the Kiva Refugee Investment Fund.
4Pines selects Harmonate for data operations services
4Pines Fund Services, a start-up private equity administrator based in the U.S., has selected Harmonate to provide data operations services. Harmonate claims its Conductor data operations product for fund administration can provide 20pct cost savings in year one of implementation, and 80 percent savings in ensuing years, as well as reducing reporting delivery timelines by…
Amy LeJune joins IQ-EQ’s corporate services team in UK
IQ-EQ, the Luxembourg-based provider of fund and corporate services, has strengthened its senior corporate services team in the UK with the appointment of Amy LeJune, who joins the firm’s corporate segment as a client services director. She joins IQ-EQ from Intertrust.
Citi adds Finland to direct custody & clearing network
Citi is to offer direct custody & clearing (DCC) services in Finland. This new offering expands Citi’s proprietary DCC network to cover the whole Nordic region, making Citi the only international bank to offer a pan-Nordic service. Citi will become a member of Euroclear Finland, the central securities depository, and will access the system through…