Altered Capital has become a significant shareholder in ZILO, the UK-based technology company currently specialising in transfer agency and the investor experience. Altered has acquired a 6.5pct stake from several early seed investors. Altered joins other investors in ZILO, including Fidelity International Strategic Ventures, Portage, State Street and Citi.
Richard
Aztec hires for U.S.
Aztec Group, the C.I.-based administrator, has hired two seniors for its U.S. business. Sadrack Belony joins as head of U.S. investor services, and Megan MacAniff joins as head of U.S. client solutions. Belony will lead and grow the investor services team and functionality, including investor services, corporate services, and treasury and banking. He has previously…
AmerX deploys SFCM
Americas Executions (AmerX), a full-service broker-dealer, has implemented Broadridge’s Securities Finance and Collateral Management (SFCM) platform to support its newly launched securities lending business. SFCM will enable AmerX to manage its securities lending operations, including collateral management, trade lifecycle management and risk assessment.
Pirum links with BNPP
Pirum, the UK fintech for securities finance automation and collateral management, has connected its exposure and collateral management solutions to BNP Paribas’ securities services business. As a result of the collaboration, mutual clients of BNPP’s triparty collateral services and Pirum now gain automated exposure and collateral management processing visibility, efficiency and transparency across their securities…
JTC supports Norlantic fund launch
Norlantic Capital, a U.S.-based private markets firm, has established Norlantic ICAV, an umbrella ICAV authorised by the Central Bank of Ireland as a QIAIF with segregated liability between sub-funds. Norlantic ICAV is an AIF. Norlantic ICAV is managed by JTC Global AIFM Solutions (Ireland) Limited.
BR launches eFront Provider
BlackRock has launched eFront Provider, designed to enable asset servicers to offer asset managers a modern fund servicing experience, complete with real-time views into their private markets investor, fund and investment data. eFront Provider complements BlackRock’s widely used fund administration, investor servicing and data management capabilities for private markets asset servicers. Apex has been onboarded…
Wedlich moves to Amicorp
Alexander Wedlich has joined Amicorp Fund Services as MD and conducting officer, based in Luxembourg. He joins from Apex.
Russell-Jones forms sales consultancy
Marc Russell-Jones has established a consulting business, AIMES Advisory, “dedicated to optimising sales strategies for securities services and fintech businesses seeking targeted growth”. He was previously at Broadridge, and has worked for many of the largest custodian banks.
CACEIS works with Spiko on MMF tokenisation
CACEIS has enabled clients to subscribe to the first French UCITS money-market funds with units natively issued and delivered on Ethereum’s public blockchain. This marks the launch of CACEIS’ new custody architecture for tokenised financial instruments and crypto assets. Spiko, a pioneering French fintech known for its blockchain-based fund unit tokenisation solution, and Twenty First…
HornbyChapman extends scope
HornbyChapman, the UK-based executive search firm dedicated to the post-trade industry, is partnering with The Henka Institute, a coaching, learning and development, and transformation firm, to extend its service offering to its financial services client base.