IQ-EQ, the Luxembourg-based administrator, is now licensed to do business in the Gujarat International Finance Tec-City (GIFT City) in India. GIFT City is sponsored by the Indian government with the vision of creating a world-class finance and IT hub, connecting India to the world. It is home to India’s global bullion exchange and the International…
Year: 2024
Komainu hires EMEA sales lead
Komainu, the C.I.-based digital asset custodian backed by Nomura, has hired Chad Walls as EMEA sales lead, based in London. He joins from Nickel Digital Asset Management.
Altum hires from Apex – again
Tom Buist has joined Altum as director, funds and institutional, in its Jersey-based unit. He was previously at Apex following its acquisition of Sanne.
Kernow selects Yealand
Kernow Asset Management Limited has appointed Yealand Fund Services as authorised corporate director (ACD) and fund administrator. Kernow was founded in 2019 and launched its UK fund offering in 2022.
MUFG hires from Credit Suisse
MUFG Investor Services has hired Tim Bulmer as global head of asset-backed fund financing, based in London. He was previously at Credit Suisse.
State Street upgrades ETF portal
State Street has upgraded APIs for its Fund Connect ETF portal and now offers coverage to all clients globally, including Europe and the APAC region. Fund Connect ETF APIs have previously been available in the U.S. and Canada and account for nearly half of North American order volumes. Fund Connect ETF is an online portal…
Citi launches FIX connectivity for ETFs
Citi’s securities services business has launched Financial Information eXchange (FIX) API connectivity on its Advanced Citi ETF System (ACES); the bank’s online, global ETF portal that automates the entire ETF lifecycle. With FIX API connectivity, clients and APs can directly connect to Citi’s ACES platform from their OMS platforms and manage ETF share creation and…
Clearwater hires new EMEA chief
Clearwater Analytics, the U.S.-based provider of SaaS-based investment management, accounting, reporting, and analytics solutions, has appointed Keith Viverito as managing director, EMEA. Prior to joining Clearwater, Viverito served as a managing director at BlackRock, leading business development for Aladdin across EMEA.
Hudson Bay expands with SS&C
Hudson Bay Capital Management, a U.S.-based investment firm with USD20bn AuM, has appointed SS&C GlobeOp as its fund administrator. The collaboration expands the relationship with SS&C, which already covers a range of SS&C solutions for trade operations and investor support.
Palmer launches in Spain
Palmer, the UK-based private capital administrator, has launched an operation in Madrid, Spain. The local team will be led by Manuel Rodríguez and Pilar García. Palmer recently received regulatory approval to operate in the Channel Islands.