Zodia Custody, the digital assets custodian, has launched Interchange Connect, which it claims will make it the most connected custodian for institutional digital asset custody. Interchange Connect is a network of networks across the spectrum of institutional-focused digital asset custody services. Additionally, Zodia has established a collaboration with Copper’s Clearloop Network to provide greater optionality…
Month: December 2023
HornbyChapman hires for MENA
HornbyChapman, the specialist asset servicing recruiter, has appointed Nigel Brill as managing director, MENA, to be based in its recently-opened Abu Dhabi office in Al Maqam Tower, Al Maryah. Brill has worked for Deutsche Bank and Northern Trust, inter alia.
Salvage joins Amundi
Peter Salvage has joined Amundi Technology as global head of consulting relations and strategic partnerships. Salvage was most recently at Enfusion, and has also worked at BNY Mellon and Citi.
Zodia links to Metaco
Zodia Custody, the UK-based digital asset custodian, has integrated with Metaco, the Ripple-owned provider of digital asset infrastructure technology, to create a global network for institutions. The integration enables institutions to access Zodia Custody’s bank-grade custody solutions through Metaco.
New product director at LemonEdge
Mike Dickey has joined LemonEdge as product director, based in the UK. He was previously global head of product at Intertrust. LemonEdge is a fintech focused on private markets.
BMO GAM completes Alpha implementation
State Street has completed implementation of State Street Alpha, its front-to-back asset servicing platform for institutional investment and wealth managers, with BMO Global Asset Management. BMO GAM is a Canadian asset manager with a range of mutual funds, ETFs, alternative funds, and other investment products. BMO GAM began the implementation of State Street’s Alpha platform…
Goldman expands with BNPP
Goldman Sachs has appointed BNP Paribas to provide custody and settlement services for its assets in Austria. Goldman Sachs is the largest trading member on the Vienna Stock Exchange by market share. The new mandate complements the existing relationship between BNP Paribas and Goldman Sachs, which already includes custody, cash and securities settlement services in…
Leith Wheeler adds to CIBCM mandate
CIBC Mellon has been selected to provide fund services for Leith Wheeler Investment Counsel Ltd, which manages CAD23bn (USD17bn). This mandate builds on CIBC Mellon’s 25-year asset servicing and custody relationship with Leith Wheeler.
MUFG opens in Malaysia
MUFG Investor Services has opened an operation in Kuala Lumpur, Malaysia, providing fund accounting, administration and asset servicing. Puneet Gupta has been appointed head of Malaysia, joining from Kimberly Clark, where he was director of global business services, responsible for the APAC region.
BNPP wins German growth fund mandate
BNP Paribas has been appointed to provide depositary and global custody services for the newly launched Growth Fund Germany, a development of the Future Fund (Investment Fund for Future Technologies) from the German government and KfW Capital. With a final closing amount of c. EUR1bn (USD1bn), the growth fund aims to enhance financing opportunities for…