BNP Paribas’s securities services business has appointed Hugues Williamson and Mark Wootton as co-heads of the financial intermediaries & corporates (FI&C) client line in Asia Pacific. Williamson will be responsible for the FI&C client strategy in North Asia and Greater China and the primary contact for broker dealing outsourcing, correspondent banking, cash management and liquidity…
Month: May 2023
Clearstream and TMX to launch CCMS
TMX Group Limited, owner of the Toronto Stock Exchange, and Clearstream Banking, the ICSD owned by Deutsche Börse Group, plan to launch an automated collateral management service in Canada, which will include the introduction of Canada’s first domestic triparty repo capability. Targeted for launch in the third quarter of 2023, the initial phase of the…
Accelex launches PA&R platform
Accelex, the UK-based provider of a SaaS platform for alternative investment data acquisition, reporting and analytics, has launched its new portfolio analytics and reporting platform for institutional investors and asset servicing providers. The solution offers features that enable users to analyse portfolio drivers across their entire investment network, including underlying asset operating performance. The solution…
More users join Broadridge’s DLR
DRW, Société Générale and another bank have executed intraday repo transactions on Broadridge’s Distributed Ledger Repo (DLR) platform. These latest transactions follow DLR’s first intraday repo transaction in April 2023 and expand the user network.
Taskize links with Symphony
Taskize, the Euroclear-owned provider of inter-company workflow to the financial services industry, has formed an integration with Symphony to allow real-time collaboration between operations teams using Taskize and front-office users of Symphony. The integration enables Taskize and Symphony users to collaborate in real-time. Users can stay on their platform of choice with no need to…
Ross Thomson joins Ocorian
Ross Thomson has joined Ocorian in Luxembourg as business development director. He was previously head of fund services for Crestbridge in Luxembourg, and has also worked at Carne and FundRock.
Apex closes parts of MJ Hudson deal
Apex has closed the acquisition of the data & analytics division of MJ Hudson Plc, a UK-based provider of services to the asset management industry, specialising in private markets and alternative investments. MJ Hudson’s data & analytics business includes ESG, custodian bank benchmarking, and quantitative solutions, as well as investor relations and marketing support, and…
Spaceship selects Eze
Spaceship, an Australian investment app, has selected SS&C‘s Eze Investment Suite to support its portfolio management operations. Spaceship has c. AUD500m (USD332m) AuM across its three managed funds – Earth, Origin, and Universe – with some 200,000 users. Eze Investment Suite will support Spaceship with balance sheet maintenance, P&L reporting, and daily bulk data exports,…
BNY Mellon expands liquidity options
BNY Mellon has expanded LiquidityDirect, its short-term investment platform, to incorporate access to mutual funds, enhanced focused investing options, interest-bearing demand deposit accounts and sponsored cleared repo sweep capabilities. These new options provide a platform for leveraging more than 100 investment vehicles. The expansion covers integration with SAP‘s Treasury Management workstation, creating efficiencies for self-directed…
BBH hires ETF veteran from Vanguard
Brown Brothers Harriman has hired Tim Huver to join its ETF team. In this role, Huver is responsible for executing the firm’s ETF servicing growth strategy in the U.S. by fostering new client relationships and providing consultative services to help managers build a comprehensive ETF operating model. Huver joins BBH from Vanguard, where his 23-year…