CIBC Mellon has been selected to provide asset servicing to the First Nations Market Housing Fund (FNMHF), including institutional accounting, custody services, and investment information data access via the enterprise NEXEN platform. FNMHF was developed with input from First Nations communities and organisations across Canada to support financing arrangements for housing on reserve and settlement…
Month: October 2022
Herakles appoints Apex
Herakles Investment Partners, a U.S.-based private equity investor, has appointed Apex to provide fund administration services. Herakles is focused on investing in both private and public upper mid-market Sub-Saharan African companies.
Vistra hires in Luxembourg
Vistra, the Singapore-based administrator, has appointed Philippe Lanciers as commercial director for Luxembourg. He joins from Arendt Regulatory & Consulting.
Standard Custody adds to board
Standard Custody & Trust Co., the digital asset custodian owned by PolySign, has appointed Matthew Homer to its board of directors. Homer was the inaugural executive deputy superintendent for the research and innovation division at the New York Department of Financial Services (NYDFS), where his responsibilities included cryptocurrency and digital assets.
Deutsche Bank claims first in China
Deutsche Bank claims that it has struck its first local fund custody deal in China with an unnamed client. The mandate is to provide custody services for a Chinese fund management company to facilitate its QDII investment. Deutsche Bank says it acts as both local custodian in China as well as offshore custodian for this…
JTC Americas to support new EB-5 fund
Western Energy Regional Center (WERC) has appointed JTC Americas to provide services to support its second EB-5 offering, Western Energy Opportunities II. Since its inception in 2016, WERC has provided a platform for participants in the U.S. Immigrant Investor Program under the Employment-Based Preference 5 (EB-5) program, with a focus on oil and gas projects.…
Alter Domus opens in Italy
Alter Domus, the Luxembourg-based provider of integrated solutions to the alternative investment industry, has opened an office in Italy. Christian Iuliano has been named country executive for Italy and will oversee Alter Domus’ initial corporate service offering in addition to its fund services solutions, which will be launched as its operations in Italy grow. Italy…
Capitolis and State Street launch FX post-trade optimisation
TradeNeXus, a GlobalLink digital platform for FX transactions which is part of State Street’s digital division, has partnered with Capitolis, a fintech focused on capital markets, to launch an automated post-trade solution to optimise portfolios. With this integrated offering, buy-side firms can use TradeNeXus to automate data submission and access Capitolis’ analytics tools to scan…
BNP Paribas promotes Christelle Ybanez
Christelle Ybanez has been appointed head of global relationship management for the securities services business of BNP Paribas. Based in Paris, she is responsible for the global relationship management team servicing its largest securities services’ clients headquartered in France. Ybanez was previously head of asset owners & managers strategy & planning. She has been with…
Taskize leverages APIs for query resolution
Taskize, the Euroclear-owned provider of inter-company workflow solutions to the financial services industry, has launched new functionality to automatically distribute data offered through the APIs of financial institutions to enable faster resolution of operational queries and disputes. With integration to the Taskize ecosystem, firms can realise the value of their existing APIs to service their…