BNP Paribas has been mandated by ProCapital, an investment services provider and subsidiary of Crédit Mutuel Arkéa. The mandate covers European markets and includes local and global custody, clearing, securities lending, AutoForex, execution and clearing of listed derivatives. ProCapital will deploy BNP Paribas’ execution-to-custody solution, ensuring the integration of cash equities trade execution in Germany,…
Year: 2025
STP launches bundled solution
STP Investment Services, a U.S.-based provider of investment operations, fund administration, and compliance solutions, has launched STP LaunchAdvisor, a bundled service designed to deliver fund administration, investor services, regulatory filings, and core policies designed for exempt reporting advisers and private fund managers. The offering aims to eliminate the need for multiple service providers and provide…
Ocorian adds to U.S. team
Ocorian, the C.I.-based administrator, has appointed Amy Meza as director – fund accounting, in the U.S. Based in Dallas, she will report to Lynne Westbrook, head of fund services. Previously, she was VP financial control at Zip Co Limited.
iA Group upgrades with CIBC Mellon
CIBC Mellon and BNY have launched what they claim is the first integrated investment operations solution in Canada, marking a significant milestone in their collaboration with iA Financial Group to further optimise its investment management technologies. The solution represents a comprehensive service model, including the first outsourced general insurance fund accounting solution in Canada. This…
Bayer appoints Northern Trust for carbon credits
Northern Trust has been selected by Bayer to act as one of its providers for the digital lifecycle management of the Bayer Carbon Program, the company’s voluntary carbon credits program. A part of Bayer’s carbon credits inventory has been recorded on The Northern Trust Carbon Ecosystem, a digital platform for the end-to-end lifecycle management of…
Aegon launches LTAF
The UK’s Financial Conduct Authority has granted approval for the launch of the CG Aegon AM Private Credit LTAF, Aegon Asset Management’s first long term asset fund. Carne Group, which claims to be Europe’s largest independent third-party ManCo, will be the authorised corporate director (ACD) of the fund.
U.S. Bank launches closed-end fund solution
U.S. Bank Global Fund Services has introduced its CEF Accelerator Platform, which provides a cost-effective way for investment managers to launch alternative investment products through registered closed-end funds. Rockefeller Municipal Opportunities Fund from Rockefeller Asset Management is the first fund to use the platform. The CEF Accelerator Platform brings a suite of partners – legal…
Alter Domus appoints new chairman
Alter Domus, the Luxembourg-based provider of fund services for the private equity, real assets and private debt sectors has appointed Mark Wiseman as chairman. Wiseman is the former head of active equities and chairman of BlackRock’s alternatives business. René Beltjens will step down as chairman but will retain his seat on the board.
Chris Cox to head Citi’s investor services business
Chris Cox has been appointed head of Citi’s investor services business, effective immediately. He reports to Shahmir Khaliq, head of services, Citi. As head of investor services, he will be responsible for Citi’s custody, fund services and execution services businesses. He was previously head of trade and working capital solutions for Citi, also part of…
Canoe hires head of product
Canoe Intelligence, the fintech focused on alts management, has appointed Zack Helgeson as head of product. He will lead product strategy, innovation, and execution across the company’s data automation and analytics platform. Before joining Canoe, he was head of product strategy, analytics at Nasdaq.