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…
Month: March 2025
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.
Ocorian hires for U.S.
Ocorian, the C.I.-based administrator, has recruited Joseph Gordian as commercial director in its fund services team in the U.S. His appointment continues Ocorian’s expansion in the U.S. following the acquisition of EdgePoint Fund Services in 2024. He will report to Michael Gull, head of U.S. sales, fund services. Gordian joins from TMF Group.
ATP appoints BNY
BNY has been selected by Arbejdsmarkedets Tillægspension (ATP), Denmark’s mandatory government pension scheme, to provide custody and associated services. BNY will provide asset servicing, trade support, collateral management, and other services for ATP’s DKK 718bn (USD100bn) in assets. With 5.6 million members, ATP is one of the largest asset owners in Europe, providing income-related pensions…
State Street onboards UK TA client
State Street has onboarded River Global as a client of its newly launched transfer agency service in the UK, supported by ZILO, a fintech specialising in global asset and wealth management software. State Street participated in ZILO’s Series A fundraising round in January 2024. State Street offers institutional transfer agency services in 14 markets.
BNY wins in South Africa
Futuregrowth Asset Management has appointed BNY to provide performance solutions. BNY’s software will provide Futuregrowth with a performance engine and analytics enabling Futuregrowth to compute daily attributions. Futuregrowth is a fixed income manager based in South Africa.
NTRS expands with TCS
Northern Trust has expanded its relationship with Tata Consultancy Services (TCS) to enhance its global securities settlements platform, which covers 99 markets. Northern Trust has deployed TCS BaNCS for corporate actions and income processing since 2017. This latest collaboration gives Northern Trust access to the TCS BaNCS global securities platform, which offers multi-entity, multi-market and…
Finbourne hires head of U.S. sales
Finbourne Technology, a provider of interconnected data and technology solutions for the investment industry, has appointed Marc Flamini as head of sales for the Americas. Prior to joining Finbourne, Flamini spent 23 years in senior leadership positions at SS&C Advent.
Euroclear completes Inversis deal
Euroclear has completed the acquisition of 49pct of Inversis from Banca March after securing all necessary approvals. As planned, Euroclear will now proceed with the gradual acquisition of the remaining 51pct until full ownership.
BBH and MUFG sign sec lending deal
Brown Brothers Harriman has entered into an arrangement with MUFG Investor Services, a division of Mitsubishi UFJ Trust and Banking Corporation (MUTB), under Mitsubishi UFJ Financial Group, Inc, for the provision of enhanced securities lending services to BBH’s asset manager and financial institutions clients globally. BBH clients will benefit from an enhanced securities lending product…