Further exits from HSBC’s securities services business, following the senior management changes implemented earlier this year. After Ronnie Griffin – widely regarded as one of the best trust and depositary managers in Europe – left earlier this year, it is understood that CP Yap, who was appointed head of fund services at the end of…
Year: 2023
UniSuper expands BNPP relationship
BNP Paribas has been appointed by UniSuper, one of Australia’s largest superannuation funds, to provide triparty collateral management services for its global trading activity. This expands the existing relationship between UniSuper and BNP Paribas, which includes custody services in Australia.
IQ-EQ wins UK REIT mandate
Urban Logistics REIT plc has appointed IQ-EQ to provide regulatory and compliance services in the UK. Urban Logistics REIT plc invests in properties across the UK.
Apex appoints UK chief
Apex has appointed Stephen Geddes as regional head – UK. He joined Apex in London following the acquisition of Mainspring Fund Services.
IDR hires tax director
IDR, the onboarding specialist for private markets, has appointed Robin Silverthorne as tax services director. He joins from NatWest. IDR provides a tax solution with a universally compliant single access token. Investors authenticate once through one platform.
Sakstrup replaces Waldron at U.S. Bank
U.S. Bank has appointed Kai Sakstrup as chief product officer for its Wealth, Corporate, Commercial and Institutional Banking (WCIB) division. Sakstrup previously served as chief strategy officer for U.S. Bank for more than six years. He joined U.S. Bank in 2015 as senior vice president of corporate strategy. He replaces Christine Waldron, who recently joined…
Chansky joins SS&C
Neal Chansky has joined SS&C as head of the registered funds business, based in the U.S. Chansky was most recently global head of consultant relations at BNY Mellon, and previously spent 10 years at State Street.
FundGuard expands to London
FundGuard, the provider of a cloud-native SaaS investment accounting platform, has opened a London office. It has also appointed Antony Slee as sales director and Ravi Patel as sales engineering director to lead local commercial initiatives. Both Citi and State Street are investors in FundGuard.
AccessFintech appoints president & COO
AccessFintech, the provider of real time data and insights across financial markets, has appointed Gayatri Raman as president and COO, and a member of the AccessFintech board. In this role, Raman will report to co-founder and CEO Roy Saadon. She joins from Clearwater Analytics, where she was president of Europe and Asia.
Citi creates services business line
Citi had undertaken a significant reorganization of its senior management team under Jane Fraser, CEO. Amongst the changes is the creation of a Services unit, comprised of the firm’s treasury & trade solutions business (TT&S) and its securities services business, led by Okan Pekin. Shahmir Khaliq, formerly head of TT&S, heads the new unit. Prior…