Zürcher Kantonalbank (ZKB) and Clearstream have processed their first live blockchain-based end-to-end fund transactions, using FundsDLT, a decentralised platform for fund transaction processing. ZKB is the first client to leverage the joint FundsDLT and Clearstream solution, with an end-investor placing a fund transaction request through a mobile app directly on the private blockchain. The order…
Year: 2021
Neil Coxhead joins DMS Governance from CACEIS
Neil Coxhead has joined DMS Governance, the Cayman-based fund governance specialist, as a managing director in its UK ACD business. Coxhead was previously at CACEIS.
Janus Henderson appoints BNY Mellon for global data management solution
Janus Henderson, the UK-headquartered manager with USD358bn AuM, has appointed BNY Mellon to implement a global data management platform that will help improve the quality and ease of access to investment information across the enterprise. The cloud-based solution supports the data platform transformation strategy of Janus Henderson and will consolidate sources of information into one…
HSBC launches NAV oversight apps
HSBC has launched a set of digital applications to help asset owners and managers monitor the NAV of their funds. The NAV Oversight suite of applications offers real-time dashboards tracking the status of NAV processing against agreed timelines for publication. To help clients review the accuracy of the NAV, the apps break down the underlying…
Sanne appoints Peter Nagle as chief commercial officer
Sanne, the UK-listed administration and corporate services provider, has promoted Peter Nagle from global head of client growth to the role of chief commercial officer. Nagle will be responsible for client service delivery in all jurisdictions and the firm’s continued commercial development. He joined Sanne in 2018 to lead the Mauritius business.
BNY Mellon appoints Paul Kilcullen as Ireland country head
BNY Mellon has appointed Paul Kilcullen as country head for Ireland. Kilcullen joined in 2020 from Citi as CEO of fund services. He replaces Joe Duffy, who continues in his role as head of global client management for EMEA.
Broadridge hires David Ingleson as APAC COO
Broadridge Financial Solutions, a fintech provider, has appointed David Ingleson as COO for APAC. Based in Singapore, Ingleson will report to Samir Pandiri, president of Broadridge International. Prior to joining Broadridge, he held leadership roles at BNY Mellon and was most recently head of Asia Pacific for Eagle Investment Systems, a BNY Mellon subsidiary.
Crestbridge hires Alex Di Santo as group head of PE
Crestbridge, the C.I.-based provider of fund and corporate services, has appointed Alex Di Santo as group head of private equity, based in Jersey. He joins from Intertrust, where he was head of private equity for the Jersey operation.
Citco opens office in ADGM
Citco, which has >USD1trn AuA globally, has opened an office in the Abu Dhabi Global Market (ADGM), an international finance centre in the United Arab Emirates, after increasing its AUA in the region last year to approximately USD125bn.
State Street hires Benjie Fraser to head EMEA asset owner segment
State Street has appointed Benjie Fraser as the regional segment head for asset owners in EMEA. Fraser led the global pensions practice at J.P. Morgan, and has previously worked in sales roles for BNY Mellon and State Street.