Roman Dubczak, deputy chair of CIBC Capital Markets, has been named chair of the board of directors for both CIBC Mellon Global Securities Services Company and CIBC Mellon Trust Company. He replaces Dan Smith, who steps down as chair of both boards. Dubczak is responsible for senior client relationships and strategy at CIBC Capital Markets.…
Year: 2023
State Street adds FIX API to ETF platform
State Street has launched a FIX API for its Fund Connect ETF platform, its global online portal for the creation and redemption of ETFs within the firm’s GlobalLink product suite. The FIX enhancement, now available to all participants on the platform, offers connectivity and electronic communication through an industry protocol widely used in electronic trading.…
Pirum appoints new chair
Pirum, the UK-based fintech, has appointed Neal Anderson as chair. He was most recently CEO at Wood Mackenzie, the research and data & analytics provider to the global energy and commodities industries. After eight years as chair, Donal Smith will continue to work with the business in an NED/board advisory capacity. Founded in 2000 to…
Metaco hires IBM seniors
Metaco, the Switzerland-based provider of digital asset custody and orchestration technology, has made two senior executive appointments. Peter DeMeo, former global head of digital asset infrastructure at IBM, joins as chief product officer, overseeing the product suite as well as establishing the company’s digital asset advisory practice. Angel Nunez Mencias, former IBM lead architect, joins…
BNY Mellon appoints Caroline Butler as CEO of digital assets
BNY Mellon has appointed Caroline Butler as CEO of digital assets. Butler joined BNY Mellon in 2020 as global head of custody after nearly two decades at J.P. Morgan. As the CEO of digital assets, she will continue to report to Roman Regelman, CEO of securities services and digital. As CEO of custody services, she…
Crestbridge adds to RE team
Crestbridge, the C.I.-based alternatives administrator, has appointed Tawanda Mberi as an associate director within its real estate funds team. With almost 15 years’ experience in international financial services, Mberi has worked at a number of firms in both the C.I. and Zimbabwe. Most recently, he worked at Alter Domus where he oversaw a portfolio of…
Zodia moves into Japan with SBI
Zodia Custody, the UK-based crypto asset servicing provider for institutional investors, and SBI Digital Asset Holdings Co., Ltd. have entered into definitive agreements to launch a joint venture in Japan. Subject to anti-trust and foreign direct investment clearances, and licences from the Japanese regulator, the Financial Services Agency, the joint venture will act as a…
Ultimus hires senior from SEI
Ultimus Fund Solutions, the U.S.-based provider of full-service administration, fund accounting, middle office, and investor solutions to traditional and alternative investment managers, has appointed James Cass to head up Ultimus LeverPoint Private Fund Solutions (ULP). Cass, who recently led SEI Investments’ alternative investments fund administration group, has assumed the role of president of ULP. Thomas…
Archax launches in the UK
Archax, the UK-based, FCA-regulated digital asset exchange, broker and custodian, has launched its custody service. Targeted at professional investors and institutions, the solution provides custody for a broad range of digital assets – from cryptocurrencies to NFTs to digital securities – as well as traditional securities and client cash. Archax is providing the service in…
CACEIS strengthens ETF offering
CACEIS has strengthened its ETF solution through a new partnership with ETF index and data specialist, ULTUMUS, which will become its portfolio composition file (PCF) solution provider. Adding PCF capabilities through ULTUMUS now means that CACEIS is a one-stop-shop. It removes barriers to access the market and facilitates the launch of ETF funds for new…