Copper.co, the UK-based digital assets services provider, has appointed Philip Hammond, a former chancellor of the exchequer, as chair.
Year: 2023
Crestbridge hires MLCO
Crestbridge, the C.I.-based administrator, has appointed Marie Morris as director, money laundering compliance officer. She will lead the financial crime compliance team in Jersey and act as the MLCO. Morris has over 25 years of experience in the finance industry. Prior to joining Crestbridge she was MLRO at a global bank.
State Street upgrades with AWC & Microsoft
State Street has engaged Amazon Web Services (AWS) and Microsoft as strategic providers of cloud and infrastructure solutions, as part of its multi-year technology transformation process. State Street is consolidating its current network of segregated data center facilities to a data center footprint with fit-for-purpose designed and managed facilities.
Capital appoints SS&C
Capital Group has appointed SS&C to provide transfer agency services for its recently launched UK OEIC, the Capital Group U.K. – Global High Income Opportunities Fund. Capital Group has AuM of >USD2.1trn. SS&C is a transfer agent to Capital Group in the U.S.
Fenergo signs Citco
Citco has signed a deal with Fenergo, the client lifecycle management specialist. Citco selected Fenergo’s CLM software as a SaaS platform to deliver end-to-end client journeys through front-to-back-office integrations with AML screening providers, and centralised document management. Citco, which claims to have USD1.8trn AuA, provides services for hedge funds, private equity, and real estate funds.
Waystone hires strategy chief
Kieran Conroy has joined Waystone as head of strategy for fund administration & product, based in Canada. He was most recently head of hedge fund services at Citco.
BNY Mellon launches buy-side trading
BNY Mellon has launched an outsourced trading service for buy-side institutions. The offering by BNY Mellon Capital Markets, LLC will be powered by xBK, the buy-side trading division that executes more than USD1trn in volumes on average annually for the company’s investment management franchise. BNY Mellon plans to offer clients a range of services, including:…
Ultimus supports Kovitz conversion
Ultimus Fund Solutions, an independent provider of fund administration, accounting, and investor solutions, has worked with Kovitz Investment Group Partners, LLC on its launch of an actively managed ETF. The project involved oversight of the custody and accounting conversion of >USD640m in assets from multiple custodians, recordkeepers, and transfer agents, coordination with market participants and…
ICICI Venture expands with Apex
ICICI Venture, the India-based alternative investment manager, has expanded its longstanding relationship with Apex, appointing it to deliver end-to-end administration services to the India fund business. ICICI Venture is a pioneer in the Indian alternative asset management industry and partners with leading Indian and global institutional investors through various types of capital pools and investment…
Jaid appoints CRO
Jaid, the UK-based technology firm providing AI-powered human communication solutions, has appointed Ken Dummitt as chief revenue officer. Dummitt will lead the company’s global business development team, responsible for driving revenue growth and expanding Jaid’s reach into new sectors and markets. He was previously running his own consultancy practice. Jaid rebranded from Opsmatix in 2022,…