Month: June 2023

BNP Paribas has appointed Joy Kiely as location head of its securities services business in Ireland. Kiely is currently head of client development for the business, based in Dublin. This move restores the position after Paul Daly moved to a new role in 2021. Derek Kehoe, who heads Ireland for BNP Paribas, took on the…

Some senior management changes at Northern Trust. Banking & treasury services is being combined with the capital markets business line, with Guy Gibson, global head of capital markets, leading the combined unit. Peter Sanchez, who was appointed head of banking and treasury services in 2022, is to leave the company. Marisa Kurk, head of the…

Arcesium, the U.S.-based administrator in which J.P. Morgan has a stake, has formed a partnership with Lionpoint Group, a global consulting firm focused on the alternative investments industry. The collaboration combines Arcesium’s technology with Lionpoint’s industry expertise to deliver enhanced operational efficiency and innovation for firms investing in private markets strategies.

Amundi’s Luxembourg operation is partnering with Next Gate Tech, a Luxembourg-based fintech specialising in data management and analytics solutions. Next Gate Tech’s SaaS platform will help Amundi Luxembourg to streamline data management and enhance its NAV oversight practices. The platform’s analytics and insights will enable Amundi to actively monitor NAV calculations, resulting in improved operational…

Ultimus Fund Solutions, the U.S.-based independent provider of fund administration, accounting, middle office, and investor solutions, has supported the launch of Hypatia Capital’s first ETF. The fund, the Hypatia Women CEO Fund, will invest in established, women-led businesses. Hypatia Capital, a New York based Registered Investment Advisor, focuses on sponsoring female CEOs and investors within…

Crystal Capital Partners, an alternative investment platform for financial advisors, has selected SS&C’s Geneva platform to further optimise its back-office processes. SS&C Geneva will streamline portfolio management and reporting across more than 500 customised portfolios to support further growth. Crystal Capital Partners’ platform enables advisors and their qualified clients to build diversified portfolios comprised of…

IQ-EQ, the Luxembourg-based administrator, has reached agreements to acquire ComplianceAsia and Lymon Pte Ltd. ComplianceAsia, the longest established compliance consulting firm in Asia Pacific and one of the largest firms operating in the region, was founded in 2003. Lymon was founded in Singapore in 2013 to address a gap in the market in the provision…

SimCorp, the investment management fintech that is being acquired by Deutsche Börse, has struck a partnership with Battea Class Action Services, LLC, a U.S.-based provider of class and collective action antitrust and securities litigation recovery services. As part of the partnership, Battea will join SimCorp’s Open Platform program, designed to offer SimCorp clients access to…

Arcesium, the administrator which claims to have USD675bn AuA, and Confluence, a fintech solutions provider for the investment management industry, have formed a partnership to deliver an integrated data management and analytics solution for middle & back-office operations for asset managers, delivering workflow efficiency in performance, risk, and regulatory reporting. The offering will integrate Confluence’s…