Mesh ID, a Netherlands-based fintech servicing the global trust, corporate services, fund administration and fund management ecosystem, has partnered with Eleven, a fintech focused on the alternatives sector. The relationship aims to deliver all onboarding and servicing needs of the private investor industry. The partnership will integrate Mesh ID’s digital KYC/AML processes and shareable investor…
Month: July 2022
Ultimus hires three senior RMs
Ultimus LeverPoint Private Fund Solutions, the private fund administrator owned by Ultimus, has added three SVPs to its relationship management team. Lori Shupak was previously a senior vice president at SS&C Technologies, Inc., formerly known as Citi Private Equity Services. Christina Haas was practice growth leader at FD Fund Administration, which was recently acquired by…
Teslin Capital Management appoints BP2S
BNP Paribas Securities Services has been mandated by Teslin Capital Management to provide investment and fund administration, depotbank and global custody services for its EUR1.2bn (USD1.2bn) of global assets. Teslin Capital Management is a long-term investor focused on small and midcaps in The Netherlands and other European capital markets. Koos van der Helm, manager finance,…
Ocorian makes two strategic hires
Two senior front-office appointments at Ocorian, the C.I.-based administrator: Jamie Gleeson joins as director of strategic sales, based in the UK. He joins from SS&C, where he was head of EMEA hedge fund sales. He has also worked for BNY Mellon and State Street. Richard Dinn has joined as strategic client director, based in Dublin.…
CACEIS hires new pensions supremo
CACEIS has appointed Wouter Peters as global head, center of excellence for pensions (CEP). He will join the ExCo of CACEIS Netherlands. Peters will be responsible for CACEIS’ pension proposition worldwide. He joins from Aegon Asset Management where he was COO for the last nine years.
Formidium hires for tech group
Rakesh Kumar has joined Formidium (formerly Sudrania) as an EVP in the technology group. He was previously at Hitachi Vantara.
Digivault to support blackfridge’s poundtoken
Digivault, the UK-regulated digital asset custodian, has entered into a partnership with poundtoken.io, the first UK-regulated stablecoin that is 100pct backed by GBP. The recently launched stablecoin, poundtoken, is known by the ticker “GBPT”, and is issued by blackfridge, the Isle of Man-based fintech company. KPMG has been appointed as its auditors, whose monthly proof…
Hex Trust opens in Italy
Hex Trust, an Asia-based custodian of digital assets, has expanded to Europe by opening its first European office in Milan, Italy. The establishment of the first office in the EU is part of Hex Trust’s expansion strategy in Europe, in anticipation of the forthcoming implementation of the Markets in Cryptoassets (MiCA) regulation that is expected…
BNP Paribas tokenises EDF bond
BNP Paribas has structured, tokenised and distributed a bond, the proceeds of which aim at refinancing a solar energy project sponsored by EDF through its subsidiary, EDF ENR. This native digital asset, issued on the public blockchain, represents the first renewable energy bond tokenisation in the project financing market. For this transaction, the BNP Paribas…
SDX partners with F10 & Aequitec to tokenise equities
Switzerland’s SIX Digital Exchange (SDX), the digital asset exchange and central securities depository (CSD), in partnership with F10, a fintech, and Aequitec, a digital share register and cap table company, have completed the first tokenisation of equity shares in a fully regulated CSD based on distributed ledger technology. F10 will issue its shares with the…