Using the acquisition of Phoenix American’s fund administration and transfer agency businesses in 2024 as the catalyst, Vistra plans to transform its fund offering into a high-touch global service model: Vistra Fund Solutions. Led by Abdel Hmitti, Vistra Fund Solutions provides a vertically integrated proposition that offers products and services to support fund structures, SPVs,…
Month: April 2025
SS&C opens in Riyadh
SS&C has opened an office in Riyadh, KSA. SS&C’s Middle East business serves 850 financial institutions and corporate clients, 150 of which are in Saudi Arabia. Issa Jadon, director, will lead the new office.
Ogier upgrades in Ireland
Following the recent acquisition of its fund administration licence in Ireland, Ogier Global has appointed Nichola Costello as director and head of transfer agency. She joined Ogier in 2024.
BNY expands digital assets platform
BNY has expanded its Digital Asset Platform with the launch of Digital Asset Data Insights, designed to deliver both on- and off-chain data across blockchain networks. With the data on-chain capability, BNY will broadcast select fund accounting data to the Ethereum network, enabling further utility of public blockchains. Using smart contract technology, BNY will automate…
Calastone launches tokenised distribution solution
Calastone, the global funds network, has launched Calastone Tokenised Distribution, a solution that allows asset managers to tokenise any fund operating on Calastone’s network and distribute it across blockchain-based channels. The solution bridges the gap between traditional investment funds and blockchain-native networks such as Ethereum, Polygon, and Canton, where investment activity is increasingly executed and…
HSBC hires top J.P. Morgan exec
HSBC has hired Jane Masen as global head of custody, effective immediately. She is based in London, reporting to Fiona Horsewill, global head of securities services. She joins from J.P. Morgan, where she was global head of network management. Suvir Loomba has been global head of custody since 2022, and will continue in his role…
BNPP moves closer to Bloomberg AIM
BNP Paribas has unveiled further integration of its multi-asset servicing capabilities with Bloomberg AIM, a buy-side order and investment management technology solution. The extended feature enables additional direct, standardised data connectivity between global fund accounting solutions and Bloomberg AIM, facilitating front-to-back data integrations for mutual buy-side clients. The solution has been deployed to several EMEA…
Euroclear builds collateral management services with Taskize
Euroclear Bank’s collateral management services unit is now using Taskize, the Euroclear-owned investment operations collaboration platform – as well as its integration with email and Symphony Messaging – to make query resolution faster and easier to manage. Taskize provides a single ecosystem where different stakeholders can exchange, negotiate and conclude their deals, allowing all information…
Apex hires product COO
Apex has appointed Michael Goering as product chief operating officer. Based in New York, Goering joins from S&P Global.
Alchelyst partners with Fund Recs
Alchelyst, the Ireland-based fund administrator for all alternative asset classes, has selected Fund Recs for its reconciliation software. Services provided by Fund Recs to Alchelyst include cash recs, position recs, and transfer agency recs, as well as custom recs and data workflow automation, all delivered through its SaaS solution.