State Street has confirmed that it has expanded its servicing arrangement with VanEck, the New York-based manager, to provide ETF services for nearly USD40bn of assets. As part of this arrangement State Street will provide a variety of back office services, including accounting and certain administration functions, for more than 60 VanEck funds. BNY Mellon…
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Niccolo Polli to head HSBC Securities Services in Luxembourg
HSBC Securities Services has appointed Niccolo Polli as head its Luxembourg business. Polli will continue in his current role as head of Luxembourg for HSBC. He replaces Nick Maton, who is understood to be leaving the bank.
State Street appoints Brian Franz as chief information officer
State Street has appointed Brian Franz as chief information officer. Franz, who joins the company in January 2020, will report to chief operating officer, Lou Maiuri, and will become a member of the management committee. Franz joins from Diageo PLC. His appointment follows the departure of Antoine Shagoury, the previous CIO, earlier this year, and…
BNY Mellon and SimCorp connect
BNY Mellon and SimCorp are connecting BNY Mellon’s custody services with SimCorp’s front-to-back investment management system, SimCorp Dimension. This follows BNY Mellon’s recent deals with Bloomberg and BlackRock Solutions.
NES to service new OZ fund for Synergy Financial
NES Financial, the Silicon Valley-based administrator, has been appointed to provide its Opportunity Zone fund administration solution to Synergy Financial, a real estate investment firm based in Boston.
Link Fund Solutions appoints Peter Sipek as COO
Link Fund Solutions, the Australia-based administrator, has appointed Peter Sipek as its chief operating officer. He joins from SAS Trustee Corporation.
David Felcyn joins Ultimus as director of TA tech
David Felcyn has joined Ultimus Fund Solutions as the director of transfer agent technology. Felcyn will be responsible for the core TA technology and primary oversight of the Envision relationship, which is the technology that Ultimus uses for TA activity. Felcyn previously worked for U.S. Bank Global Fund Services, most recently as head of dealer…
Equity Trustees adds to State Street mandate in Australia
Equity Trustees, an Australian trustee company, has appointed State Street for custody and investment administration services for funds managed by Equity Trustees Wealth Services Limited. State Street will provide custody, fund accounting, regulatory reporting, compliance and tax services across a range of managed investment schemes and trusts.
Olga Jordão appointed head of State Street’s Paris branch
State Street has appointed Olga Jordão as manager of its Paris branch. Jordão will report to Stefan Gmuer, chief executive officer for State Street Bank International GmbH. Jordão will be responsible for managing the global services business in France.
Charles River appoints Spiros Giannaros as president
Charles River Development, a State Street company, has appointed Spiros Giannaros as president. In this role, Giannaros will be responsible for day-to-day operations of the company including product, development, sales and services for the Charles River Investment Management Solution. He will report to John Plansky, CEO. Most recently, Giannaros was head of platform strategies at…