Month: March 2023

HSBC has appointed Giovanni Fenocchi as head of asset owners & managers sales for securities services across Europe, MENA and the U.S. He has spent 24 years with HSBC spanning client coverage, operations and risk, most recently as global head of issuer services. He reports to Alexis Meissner and Matt Kiraly, global co-heads of platform…

Centralis Group, Luxembourg-based provider of alternative investments and outsourced corporate services, has appointed Elizabeth Fitzgibbons as chief commercial officer. She will join the executive committee and report directly to CEO Aidan Foley. Fitzgibbons was previously head of sales for debt and capital markets at Alter Domus. She will be based in the London office.

Clearwater Analytics, a provider of SaaS-based investment management, accounting, reporting, and analytics solutions, has struck a partnership with BNP Paribas’ securities services business, to offer investment accounting and reporting solutions combined with the bank’s custody services. INTÉRIALE Mutual, a shared client, is already using the combined offering.

Confluence, the technology solutions provider helping the investment management industry solve complex investment data challenges, has formed a partnership with FundGuard, the cloud native, AI-powered, multi-asset class investment accounting platform. The partnership will combine functionality from Unity, Confluence’s fund administration platform, and Revolution, its suite of asset management performance and risk services, with FundGuard’s investment…

Copper.co, the UK-based provider of digital asset custody and prime services for institutional clients, is to streamline its business following what it describes as “the present challenging conditions in the digital assets space, an uncertain U.S. regulatory environment and a desire to focus on strategic offerings”. As a result, it has initiated a redundancy process.…

Apex has appointed Anthony Alfonso as global head of valuation. In this newly created role, he will be responsible for product innovation and service delivery of valuation advisory services. He joins from BDO, the accountancy and advisory firm, where he was most recently global valuation leader in the international capital finance group.

Northern Trust has been selected by South Shore Regional Centre for Education (SSRCE) and Tri-County Regional Centre for Education (TCRCE), to provide custody and benefit payment services for their CUPE (Canadian Union of Public Employees) Staff and Support Staff defined benefit pension plans. SSRCE is the public-school board for Lunenburg County and Queens County in…

Apex has been appointed as administrator for NewVest’s inaugural Private Equity 50 Index Fund. U.S.-based NewVest is an institutional, tech-enabled platform of index funds designed to provide investors with diversified, passive exposure to private markets in the same way that ETFs and index funds provide passive exposure to public markets. Apex will provide fund administration,…