Month: June 2022

Next Gate Tech, the Luxembourg-based fintech provider for the asset management sector, has completed a new EUR5m fund raising round, led by NewAlpha Asset Management, alongside Volta Ventures and Seed X, with the continued support of all existing stakeholders, including Expon Capital, MiddleGame Ventures and SeederFund. This new round of financing will support the company’s…

SEI, the U.S.-based provider of investment processing, operations, and asset management, is launching an enhanced voluntary separation program to long-tenured employees as part of its commitment to professional development and expanded responsibilities for current and new talent by increasing advancement opportunities. The VSP is available for eligible employees in the U.S. who meet the long-term…

ZEDRA, the provider of corporate and fund services, is to acquire AlleyBe, a Maltese corporate service provider, trustee and virtual financial asset (VFA) agent. The acquisition will add 25 new team members to ZEDRA’s existing business in Malta.

Rimes, a provider of data management and investment intelligence solutions to investors and asset managers, has joined BBH Connectors, the Brown Brothers Harriman platform featuring multi-provider, open architecture technology providers. Rimes joins other specialist third-party fintech and service providers that deliver expertise in areas like ESG data, insurance accounting, class action recovery services, and AI.

Kris Dabrowiecki has joined BNY Mellon as a senior relationship manager within the banks, broker dealers, and insurance client segment. He joins from BBH, where he spent more than 12 years, most recently as relationship manager and sales manager for the global insurance business, covering the U.S. and Bermuda insurance and reinsurance markets.

Richard Clark has joined Zodia Custody as head of sales & partnerships. Zodia Custody, which is registered in the UK by the FCA as a crypto asset business, is owned by Standard Chartered in association with Northern Trust. Clark previously spent 15 years at Merrill Lynch.

Torstone Technology, the UK-based SaaS platform for post-trade securities and derivatives processing and risk management, has appointed Yasuaki Hayashi as senior Japan representative, based in Tokyo. Hayashi-san joins from Interactive Brokers, where he was head of Japan, having helped to establish the firm’s Japanese business in 2008.