Olivier Blanc has joined State Street as head of global delivery for France. He was previously at Société Générale. In 2022 State Street hired Christophe Baurand, who had been global head of sales, marketing & solutions for SGSS, as country head for France.
Month: July 2023
Apex to acquire Retransform
Apex has agreed to acquire Retransform from The Annet Group. Retransform is a global real estate service provider offering technology solutions and managed services to commercial, retail, residential and corporate real estate clients. Apex and Annet are also establishing a joint venture to develop software in the areas of data analytics, valuation, and digital twins…
BNPP partners with ULTUMUS
ULTUMUS, the ETF fintech owned by SIX Group, is forming a strategic partnership with BNP Paribas’s securities services business for ETF servicing agent capabilities. As part of the partnership, BNPP will leverage ULTUMUS’ create/redeem COSMOS platform. The COSMOS platform has been selected to handle the lifecycle of the bank’s ETF-related operations, from approving new creation…
Aviva moves to Clearwater platform
Aviva, the UK-based insurer, has gone live on the Clearwater Analytics platform for its investment accounting operations and regulatory reporting. Jonny Lee, finance & investment operations director at Aviva, said: “Being previously reliant on multiple legacy investment reporting models, we required a consolidated and reliable investment accounting and reporting solution. Clearwater’s single instance, multi-tenant architecture…
Apex hires for RA sales
Alexander Wedlich has joined Apex as continental Europe head of sales for real assets, based in Luxembourg. He joins from AssetMetrix.
New CFO at SS&C
Brian Schell is to join SS&C as CFO, reporting to Bill Stone, chairman and CEO. Schell will join from Cboe Global Markets, where he was CFO and treasurer. He replaces Patrick Pedonti, who will stay on through the end of the year.
BTC hires Apex for energy fund
Apex has been appointed by BTC Investment Group to provide fund services to its Argento Energy Fund LP. The fund was launched by BTC in 2022 to manage investments in the U.S. onshore oil and gas industry. BTC is the family office of Benjamin Salinas, and is organised as a Mexico-based multi-strategy investment management fund,…
RBC rebrands InServ business
Following the acquisition of RBC Investor Services’ operations in Europe and Malaysia by CACEIS, RBC Investor & Treasury Services (I&TS) has rebranded as RBC Investor Services. The treasury services unit now falls under RBC’s capital markets business line.
M&G appoints new COO
M&G Investments, the UK-based manager with c. GBP300bn (USD381bn) AuM, has appointed Richard Godfrey as chief operating officer for asset management, subject to regulatory approval. Reporting to CEO Joseph Pinto, Godfrey will join M&G’s asset management executive committee and will be responsible for all investment management operational functions. Godfrey was most recently global co-head of…
New head of fund accounting at BNY Mellon
Dermot Finnegan has been appointed global head of fund accounting for BNY Mellon’s asset servicing business. He relocates to New York, having previously worked for the bank in Ireland. He replaces Allen Cohen, who has taken on a new role as head of enterprise revenue and billing services.