Hayley McLaren has joined Yealand Fund Services, the UK-based administrator, as head of business development. Prior to joining Yealand, she worked at Waystone/T Bailey Fund Services, along with roles at Capita and Nottinghamshire County Council.
Year: 2024
Centralis to acquire YLP
Centralis, a Luxembourg-based alternative asset and corporate services provider, is to acquire YLP Group, a corporate services provider based in Luxembourg. YLP is an Ordre des Experts-Comptables licenced business that provides services to alternative fund clients, primarily real estate and private equity structures, as well as multinational corporates.
Eagle appoints BK for first ETF
BNY Mellon has been appointed as administrator for the Eagle Capital Select ETF, the first ETF launched by Eagle Capital Management, a U.S. manager with USD20bn AuM. The launch is notable because Eagle converted a USD1.8bn separately managed account (SMA) to create the ETF, thought to be the largest such conversion to date. Eagle used…
Hamilton joins M&G
Dorothy Hamilton has joined M&G, the UK asset manager, as director of supplier management. She was previously global head of securities services operations for HSBC, based in Edinburgh. In 2023 Richard Godfrey, formerly co-head of HSBC’s securities services business, joined M&G as COO of the asset management business. Earlier in 2024 HSBC hired Mitesh Sharma…
Kraken launches custody solution
Kraken Institutional, the U.S.-based provider of crypto solutions for institutional investors, has launched its qualified custody solution, offered through Kraken Financial, its state-chartered bank. Headquartered in Wyoming, U.S., Kraken Financial is authorised to offer digital asset custody and deposit accounts for institutions. Kraken Financial is a segregated entity, where funds and assets are held remotely…
Fireblocks hires CMO
Fireblocks, an enterprise platform for building blockchain applications and managing digital asset operations, has hired Michal Ferguson as chief marketing officer. Prior to joining Fireblocks, Ferguson built and scaled the go-to-market functions at Snyk, a cybersecurity platform that integrates directly into development tools, workflows, and automation pipelines. BNY Mellon took a stake in Fireblocks in…
Komainu supports USYC
Komainu, a UK-regulated digital asset custody service provider partly backed by Nomura, has begun custody support for USYC, created by Hashnote, the on-chain first digital asset manager, built with the support of Cumberland and DRW. The partnership will enable Hashnote’s USYC to be held in custody by Komainu.
DTCC hires CCO
DTCC has appointed Sharon Biran as chief client officer. Biran joins the DTCC ExCo and will report to Frank La Salla, president, chief executive officer and director. She succeeds Timothy Keady, who has left the firm. Biran joins from Accenture.
Anton, Thrasher move at CIBC Mellon
At CIBC Mellon, Richard Anton has been appointed chief client officer, with Catherine Thrasher replacing him as chief operations officer. Anton assumes overall responsibility for the company’s relationship management, strategic client solutions, product development, corporate communications and marketing functions. Thrasher assumes responsibility for CIBC Mellon’s operations, including custody services, fund administration, investor recordkeeping, pension benefit…
BK and GLMX collaborate on repo
BNY Mellon and GLMX have integrated services to allow buy-side clients to direct repo trades at point of execution to BNY Mellon’s triparty platform. This integration addresses growing demand from clients seeking to expand their BNY Mellon triparty usage beyond uncleared margin segregation into repo financing, helping them to capture more benefits from being on…