Max Chuard, CEO of Temenos, the Switzerland-based fintech provider that owns Multifonds, is to step down after 20 years of service. A search to identify a new CEO is under way, with the board of directors considering both internal and external candidates. Andreas Andreades, executive chairman, will assume duties as acting CEO whilst a new…
Month: January 2023
Kevin Duddy joins State Street in Poland
Kevin Duddy has been appointed COO of State Street in Poland. He joins from BNY Mellon, where he spent 15 years, most recently based in Poland as head of EMEA fund accounting.
Brijesh Patel joins SS&C
Brijesh Patel has joined the private markets team at SS&C, based in the UK. He was most recently at Sanne (now part of Apex) and previously spent 15 years at State Street.
Centralis appoints new CFO
Centralis, the Luxembourg-based corporate and fund services provider, has appointed Dermot Caden as its CFO. Caden has served as CFO for several private equity-backed businesses in the financial services and business services industries. Most recently, he was CFO for KB Associates, an Ireland-based ManCo that was acquired by Waystone in 2022.
IDR doubles in 2022
IDR, the Guernsey-based fintech focused on investor onboarding for private markets fund managers, has reported doubled revenue and global headcount during 2022. IDR connects nearly 40,000 investors – over 50pct of the world’s private markets investors – to 5,500 funds. The firm has a presence in 11 locations worldwide and works with some of the…
Langham Hall appoints four new partners
Langham Hall, the UK-based administrator, has appointed four new partners: Tom Chamberlain has been with Langham Hall since 2016. Based in Guernsey, he leads fund administration for a number of key private equity, real estate and debt fund clients. Eddie Lam has been with Langham Hall since 2012. Based in Hong Kong, he leads Asia…
Odyssey gets SEC green light for U.S. TA
Odyssey Transfer US Inc. has received approval from the SEC to begin operations as a U.S. transfer agent. Odyssey Transfer will provide a full suite of transfer agency and corporate actions services to private and public issuers from its headquarters in St. Paul, Minnesota. Odyssey Transfer’s U.S. management team includes Todd May, former CEO of…
Ocorian hires from SS&C
Ocorian, the C.I.-based administrator, has appointed Chris Bickley as business development director (funds). Based in London, he will cover all asset classes in private markets, with a particular focus on renewables and unlisted real estate. He joins from SS&C Technologies where he was a business development manager for private markets, covering private equity, real estate,…
Crestbridge appoints governance director
Crestbridge, the C.I.-based administrator, has appointed Marcelo Gazzi as director, institutional governance services. Governance services includes ManCo, director, client compliance, depository, trustee, Appointed Representative and Operator business units. Gazzi has spent the past 12 years working for HSBC in both the UK and Jersey, where he was most recently wholesale chief administration officer for HSBC’s…
BNP Paribas and SimCorp expand partnership
The securities services business of BNP Paribas has expanded its strategic partnership with SimCorp, a provider of SaaS investment management solutions, to offer insurance accounting and reporting solutions integrated with its custodian and banking services. This collaboration leverages SimCorp’s new SaaS solutions for investment operations and accounting services, and is built on the companies’ longstanding…