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.
Year: 2023
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.
SLIB appoints new CEO
Philippe Ruault has been appointed CEO of SLIB, the France-based fintech operating in the post-trade space. Ruault has been a board member of SLIB for nearly 12 years. He joins from BNP Paribas, where he spent 22 years, most recently as head of data & digital for the securities services business. SLIB is jointly owned…
JTC hires from Sanne
JTC, the C.I.-based administrator, has hired Ashley Vardon as senior director within its fund services team, based in Jersey. He was previously at Sanne, the Apex-owned business, where he was head of private equity, Jersey.
TMF adds to ExCo
TMF Group, the Netherlands-based provider of compliance and administrative services, has appointed Monica Vera and Lisa Wilcox to its ExCo. Monica Vera’s remit has been extended to lead the Latin America region, while Wilcox will continue to oversee North America, the British Virgin Islands and the Cayman Islands. They report to CEO Mark Weil.
Enfusion hires from SS&C
Andi Woolass has joined Enfusion, the U.S.-based fintech, as EMEA head of partnerships and alliances, based in London. He was previously at SS&C Eze, where he was EMEA head of sales engineering.
RBC completes deal with CACEIS
RBC has completed the sale of the European asset servicing activities of RBC Investor Services, and its associated Malaysian centre of excellence, to CACEIS. CACEIS’ acquisition of the business of the UK branch of RBC Investor Services Trust and RBC Investor Services business in Jersey is expected to take place in the coming months, subject…
REYL acquires Carnegie
REYL Intesa Sanpaolo has acquired Carnegie Fund Services SA, a Swiss fund representative. Carnegie services fund management companies, boutique firms and large global asset management groups based in Europe, North America, Asia, and Australia, acting as a Swiss representative for over 100 managers and over 700 funds. Swiss-based REYL is part of the Intesa Sanpaolo…
Accelex enhances private debt reporting
Accelex, a UK-based fintech specialising in alternative investment data acquisition, reporting and analytics, has launched coverage of private debt and instrument-level data extraction for institutional investors and asset administrators. Investors in private market funds can now streamline data extraction for investments across multiple levels of the capital structure and across different funding rounds.