Apex plans to expand its New Zealand footprint with the acquisition of Trustees Executors’ custody and investment accounting business. Completion of the acquisition is conditional on the satisfaction of customary conditions for a transaction of this nature. It will see Trustees Executors’ custody and investment accounting business and people transfer to Apex. The acquisition does…
Month: July 2024
Flow Traders connects to Copper
Copper, the UK-based provider of digital asset custody, collateral management and prime services, has partnered with Flow Traders, a proprietary trading firm and digital asset liquidity provider. Through the partnership, Flow Traders will be fully integrating its exchange trading infrastructure with ClearLoop, utilising Copper’s custodian-agnostic OTC settlement network and leveraging multiple platform features to improve…
Pirum hires U.S. sales director
Pirum, the fintech focused on securities finance and collateral management, has appointed Richard Marquis as director, sales, North America. Based in New York, Marquis joins Pirum from MUFG Securities, where he ran the securities finance regulatory project for 10c-1a compliance. He has also worked at BNY, J.P. Morgan and UBS.
AccessFintech hires product head from J.P. Morgan
AccessFintech, the provider of real-time data insights across financial markets, has appointed Naveen TV as head of product. He most recently spent 12 years at J.P. Morgan as global head of data strategy and AI. He has also served as a board director at Saphyre and AccessFintech.
Danloy heading to Euroclear
Although it has not been officially announced, credible sources say that Sébastien Danloy is joining Euroclear as chief business officer, replacing Valérie Urbain, who was appointed CEO earlier this year. After leaving HSBC, Danloy joined BNP Paribas in 2023 as global head of sales & relationship management for institutional investors, a newly created role. He…
Curley joins BNY
Dylan Curley has joined BNY in a newly created role as client coverage global head of alternatives within its asset servicing business. Curley joins from U.S. Bank’s global fund services unit where he was global head of business development. He has also worked at J.P. Morgan. Curley will be based in New York, reporting to…
Northern Trust wins VCC mandate in Singapore
Northern Trust has been appointed by Valverde Investment Partners Pte Ltd. to provide custody, fund administration, FX and cash management services for its newly formed Variable Capital Company (VCC) fund, along with its sub-fund, ASEAN+ Fund (VAPF). Valverde is a newly established, Singapore-based, independent investment management firm specialising in ASEAN equities.
Seyll joins Next Gate board
Philippe Seyll has joined the Next Gate Tech board of directors. Seyll is CEO of Clearstream Fund Services.
Vistra hires Singapore MD
Vistra, the Asia-based business services provider, has appointed David Anderson as country managing director for Singapore. In this newly-created role, he reports directly to Kim Jenkins, COO. He joins from GLG (Gerson Lehrman Group) where he was the managing director, South APAC,
Citi wins Nuveen ETF mandate
Citi has won an ETF servicing mandate from Nuveen, the TIAA-owned asset manager. Citi has onboarded 23 ETFs with c. USD9bn AuM. The mandate expands Citi’s relationship with Nuveen, which is an existing client of its markets business.