Bermuda-based Krypton Fund Services has hired Jerry Barbara as director of business development. He was previously at SS&C.
Year: 2023
Euronext bids for Allfunds
Euronext has submitted a preliminary offer to buy Allfunds, the fund distribution platform, for EUR5.5bn (USD5.8bn). BNP Paribas, which struck a wide-ranging distribution deal with Allfunds in 2020, holds a significant stake in the business.
Citi hires head of SS technology
Ken Sansom has joined Citi as the head of securities services technology. He joins from Amazon Web Services. His hiring is the latest in a string of senior management acquisitions by Citi’s securities services business. These include Mary Gaspar-Hillenbrand, global head of digital first transformation; Joe Bonanno, global head of data, digital, and innovation; and…
Morgan Stanley veteran joins State Street
State Street has hired Taryn Siglain as global head of enhanced custody, its principal securities lending program. Siglain will report to Gino Timperio, global head of financing solutions for the global markets business. Siglain was most recently at Morgan Stanley where she held a variety of leadership roles, including head of Americas secured funding trading…
BBH appoints three GPs
Brown Brothers Harriman has appointed three new general partners: Thomas Davis (private banking), Christopher Gothard (investor services), and Justin Reed (private banking). Based in London, Gothard is taking on responsibility for the global markets group within the investor services division, including the FX and securities lending businesses.
Northern Trust to integrate with SimCorp
Northern Trust has agreed with SimCorp, a provider of SaaS investment management solutions, to enable integration for data exchange for mutual clients using the SimCorp Dimension platform. The two companies will automate custody data file exchange for Northern Trust clients via two different methods: direct integration of files which can be delivered to SimCorp, as…
Yarra appoints Apex
Apex has been appointed by Yarra Capital Management to support the Yarra Private Capital Discovery Fund. Yarra Capital Management is one of Australia’s largest independently owned, active fund managers, with c. AUD19bn (USD13bn) AuM. Apex has been appointed to provide fund administration, transfer agency and custody services for the closed-ended vehicle.
IQ-EQ hires from HSBC
IQ-EQ, the Luxembourg-based administrator, has appointed Matthew Abbott to the newly created role of global head of sales operations. He is based in the London office, reporting to Emma Crabtree, group chief commercial officer. Abbott was previously global head of sales & client enablement for HSBC’s securities services business.
FXall signs with Saphyre
The London Stock Exchange Group’s FXall business has struck a deal with Saphyre to digitise account onboarding for FXall clients through Saphyre’s AI technology, which allows liquidity providers to systematically approve accounts. The Saphyre technology is validated and live for a subset of clients of FXall, with plans for rollout to all FXall clients in…
UBS hires from HSBC
John Worden has joined UBS as head of custody & post trade strategy, based in the UK. He was previously a senior product manager at HSBC.