In a move to “strengthen its UK client coverage”, Société Générale Securities Services has appointed Richard Davis as sales director and has extended the role of Steve Gutowski, the UK sales director, to cover financial institutions, broker/dealers, and banks. Both are based in London and report to Alessandro Cavallari, head of international sales at SGSS.…
Month: August 2023
Zodia appoints CFO
Zodia Custody, the UK-based digital assets custodian, has appointed Jonathan Hugh as chief financial officer. He joins from GSR, where he held a similar role.
Standard Custody partners with GSR
Standard Custody & Trust Company, the regulated limited purpose trust company and qualified custodian owned by PolySign, is working with GSR Markets Limited, a digital asset liquidity provider and trading firm, to support its escrow services. Standard Custody has created an escrow solution that clients can leverage through its collaboration with GSR and other trading…
Ultimus hires from State Street
Ultimus Fund Solutions, the U.S.-based provider of fund administration, accounting, and investor solutions, has hired Steve Scaringe as a senior vice president, business development. In this role, he will focus on providing enterprise-wide service solutions to institutional investment managers. Scaringe has worked for J.P. Morgan and, most recently, State Street.
Goji supports Greater Share
Goji, the Euroclear-owned fintech that offers investors digital access to alternative investments, will provide its onboarding technology to support Greater Share’s fundraising efforts for its first fund, which focuses on education. The Greater Share Education Fund, which is governed by Luxembourg law, is set to reach its second close in September 2023, and is supported…
Maybank partners with Broadridge
Maybank Investment Bank Berhad, the Malaysia-based bank, has partnered with Broadridge Financial Solutions to grow its securities borrowing and lending business. Leveraging Broadridge’s securities finance and collateral management solution, Maybank IB’s newly launched offering for institutional investors deploys proprietary technology for a front-to-back platform that is fast, transparent and Shariah-compliant.
SimCorp offer moves ahead
Deutsche Börse has received the final regulatory approval relating to its offer for SimCorp. The offer period expires on 19 September 2023.
Parkes joins BNY Mellon
Shaun Parkes has joined BNY Mellon as head of insurance and investment management. Based in London, he reports to Ed Fandrey, head of Global Client Management, and joins the GCM leadership team. Parkes previously held leadership, sales, and product roles over two decades of experience at J.P. Morgan in both Europe and Asia, including his…
Formidium launches tax module
Formidium, a U.S.-based provider of fund technology and back-office solutions, has released a tax allocations and returns module for its fund accounting software, Seamless. The tax allocations module streamlines the process of tax allocations, federal/state returns preparation, tax schedules such as K1s, and returns such as 1099s and 1042s, for SPVs, hedge funds, venture funds,…
Slater to retire from BNY Mellon
James Slater, CEO of BNY Mellon’s corporate trust business, is to retire at the end of September. Slater, who has run the corporate trust business since 2022, was one of the original CIBC executives to join the CIBC Mellon joint venture at its formation in 1996 before moving to BNY Mellon in 2010. He served…