Suntera Global, the C.I.-based administrator, has appointed David Page as director of business development within its funds and corporate services division in the UK. Suntera opened its London office in 2024.
Year: 2025
Apex opens in Rwanda
Apex has opened an office in Kigali, Rwanda. The new office will provide clients with solutions including fund administration, corporate services, compliance solutions, and ESG advisory services, pending approval from the regulatory authorities.
State Street selects wealth platform
State Street and Apex Fintech Solutions have formed a partnership that includes a minority investment by State Street into Apex Fintech Solutions. State Street will leverage Apex’s digital custody and clearing platform to expand its wealth services offerings. Apex Fintech Solutions is a fintech platform provider with >200 clients and 22 million brokerage accounts holding…
State Street hires for wealth custody
State Street has appointed Jennifer Stokes as head of wealth custody and clearing. She was previously at Altruist.
Gen II adds to client service line-up
Gen II Fund Services, an independent private capital fund administrator with >USD1trn AuA, has appointed Ray Ferranti as head of Northeast-client services. Ferranti will oversee client services for the Northeast as a regional head, leading the firm’s New York and Boston offices and overseeing the development and delivery of Gen II’s fund administration services. He…
Carne hires Lux BD head
Carne Group, Europe’s largest third-party ManCo, has appointed Francis Parisis as head of business development for Luxembourg. He was previously at PwC.
Wynn returns to J.P. Morgan
Michael Wynn has returned to J.P. Morgan after five years at Citi, where he was most recently head of execution services for the securities services business. At J.P. Morgan Wynn is global head of liquidity and FX for its securities services business.
SEI wins Nephila mandate
SEI has been selected by Nephila Capital Ltd, an investment manager specialising in reinsurance risk, to support its back- and middle-office operations across North America and the UK. Nephila has managed institutional assets in the reinsurance industry for more than 20 years. Owned by Markel Group Inc., Nephila has offices in the U.S., Bermuda, and…
SS&C to acquire Curo
SS&C is to acquire Curo Fund Services, a South African provider of fund administration solutions, from a joint venture between Sanlam and Old Mutual. The transaction is subject to approval by the South African Competition Commission. Terms of the deal were not disclosed. Curo administers >ZAR3trn (USD170.4bn) and services Sanlam, Old Mutual and third-party institutional…
Columbia Threadneedle consolidates with State Street
State Street has been appointed by Columbia Threadneedle Investments, the asset management group of Ameriprise Financial, Inc., to provide expanded fund accounting, administration and custody services for Columbia Threadneedle’s pooled funds, including ETFs, in the U.S. and Europe with USD431bn AuM. State Street has provided back-office services to various legacy Columbia Threadneedle mutual funds going…