Joanna Meager has stepped down from her role at RBC Investor & Treasury Services. Meager joined RBC in 2007 from Deutsche Bank, and was global head of client operations for nearly 11 years. Latterly, she was country head for RBC I&TS in the UK. RBC has signed an MoU with CACEIS for the sale of…
Month: March 2023
Pirum builds key account team
Pirum, the UK-based fintech specialising in securities finance, has hired Sarah Young as a key account director for EMEA. Based in London, she joins Pirum’s newly launched global key account management team led by Bob Zekraus, COO and head of Americas.
Gamma opts for PFS-PAXUS
Gamma Fund Services Ltd, a fund services and administration company based in Bahamas, has selected the PFS-PAXUS fund administration system for its third-party fund administration business operations. PFS-PAXUS is provided by Isle of Man-based Pacific Fund Systems. Gamma has opted for a full SaaS cloud deployment model.
Northern Trust upgrades NAV workflows
Northern Trust has partnered with Appian, a fintech provider of low-code process automation solutions, to enhance the NAV workflow communications with private capital fund managers. The solution is aimed at supporting private capital fund managers with a secure digital experience offering enhanced efficiency, oversight and data security across the NAV production lifecycle. The digital portal,…
DTCC hires new CFO from State Street
Renee LaRoche-Morris has joined DTCC as CFO. She comes from State Street, which she joined in 2021 as chief of staff to the COO and chief administrative officer of shared services. She then transitioned to head the integration management office for State Street’s acquisition of BBH’s investor services business. Prior to State Street, LaRoche-Morris was…
Talos connects to Taurus for custody
Taurus SA, the European digital asset infrastructure provider, and Talos, the U.S.-based provider of institutional digital asset trading technology, have formed a partnership to provide trading and custody technology to institutional clients. Talos has integrated with Taurus-PROTECT, the digital asset custody solution for banks. The partnership is already in production with clients in Europe and…
Nordnet deploys Citi’s retail lending platform
Nordnet AB, the pan-Nordic digital platform for savings and investments, is the first Swedish client to start lending through Citi’s Securities Lending Access platform. The solution will enable Nordnet to expand its securities lending programme to new markets and new client segments. Citi Securities Lending Access is an end-to-end solution that digitises and automates the…
HSBC appoints global head of securities services
HSBC has appointed Fiona Horsewill as global head of securities services. Based in London, she will report directly to Patrick George, the recently confirmed global head of markets & securities services. She will also be a member of the M&SS executive committee. Horsewill was most recently at Citi, where she was global head of data…
Northern Trust supports Dutch librarians
Northern Trust has been appointed by Dutch pension scheme, Stichting Pensioenfonds Openbare Bibliotheken (POB), to provide global custody and compliance monitoring services. Established in 1957, POB is a public sector defined benefit pension scheme dedicated to the library sector in the Netherlands, with approximately 25,000 members and EUR2.3bn (USD2.5bn) of assets. Margreet Teunissen, chair of…
Ultimus supports Hamilton with new alts fund
Ultimus Fund Solutions, a U.S.-based independent provider of fund administration, accounting, and investor solutions, has supported Hamilton Capital, a U.S.-based Registered Investment Advisor (RIA) with USD2bn AuM, with the launch of its first tender offer fund. Through its Dynamic Alternatives Fund, Hamilton Capital offers exposure to alternative investments for its accredited clients, without requiring substantial…