Brown Brothers Harriman has hired Matthew Rouse as European head of product for financial institutions clients. Prior to joining BBH, Rouse spent eight years with BNY Mellon.
Year: 2024
BNPP wins ETF mandate in Asia
BNP Paribas has been appointed as custodian and administrator for the newly launched Phillip-China Universal MSCI China A 50 Connect ETF which will be listed on the Singapore Exchange (SGX). This ETF aligns with the recently established ETF product link between SGX and the Shanghai Stock Exchange (SSE).
Permian selects Allvue
Allvue Systems, a U.S.-based alternative investment technology solutions provider, has been appointed by Permian Group to provide fund accounting and administration software. Permian is a Nordic fund administrator with offices in Oslo and Stockholm.
Knadel upgrades services
Knadel Software Solutions, the UK-based advisory and software firm, will now offer advisory services to the investment sector as a standalone offering. To reflect this development, the firm will be rebranding to Knadel Solutions Limited. Knadel has recruited Robert Hupe to run this new service, joining from Alpha FMC.
Absolute expands with Ultimus
Absolute Investment Advisers has expanded its relationship with Ultimus Fund Solutions to support a diverse slate of investment products. Over the past three years, Absolute has been enhancing its product lineup, launching an ETF along with the transition of four mutual funds and a hedge fund from another service provider to Ultimus. Absolute has c.…
Canton Network completes first pilot
Digital Asset and other market participants have completed the Canton Network pilot, a first-of-its-kind program demonstrating the interoperability of twenty-two independent distributed ledger applications (dApps) in the capital markets space. The execution of over 350 simulated transactions proved how a network of interoperable applications can connect to enable secure, atomic transactions across multiple parts of…
DB signs with Saphyre
Deutsche Bank has signed with Saphyre, the U.S.-based fintech using patented AI technology to solve pre-trade and post-trade issues.
Tumblin’ Dice
Don’t say this too loudly – but are the custody banks cooling on crypto? “I rob banks because that’s where the money is.” Willie Sutton, notorious bank robber, had this simple response when asked why he robbed banks. Every financial services regulator should have this quote framed and hung in their lobby. If in doubt,…
BNPP launches e-learning modules
BNP Paribas’ securities services business has rolled out new learning modules on NeoLink, its client web portal, aimed at providing institutional clients with deeper knowledge about the securities services industry. The newly introduced e-learning modules cover asset servicing topics, including custody, securities lending, investment funds, and depositary services. Each e-learning module, available in English, French…
Pirum hires from LSEG
Pirum Systems, the UK-based fintech specialising in securities finance and collateral management, has hired Andy Bodley as key account director. Bodley will focus on growing the Pirum’s existing client accounts and refining the company’s client service model. He will be based in the London HQ. Most recently, Bodley worked in group strategic relationships at the…