BNY Mellon in Ireland has been appointed as custodian and administrator for Grayscale’s first European ETF, launched through the HANetf platform, for which BNY Mellon provides custody and administration. The Grayscale Future of Finance UCITS ETF (GFOF) will list on the London Stock Exchange, Deutsche Börse and Borsa Italiana and will be available to investors…
Category: BNY Mellon
BNY Mellon invests in Chainalysis
BNY Mellon has participated in a Series F financing round for Chainalysis, the blockchain data platform, which has raised USD170m, bringing its valuation to USD8.6bn. Chainalysis provides data, software, services, and research to government agencies, exchanges, financial institutions, and insurance and cybersecurity companies in over 70 countries. The data powers investigation, compliance, and market intelligence…
CIBC Mellon wins 10-year mandate from CAAT
CIBC Mellon has been awarded a 10-year mandate to provide asset servicing and digital solutions to Colleges of Applied Arts and Technology Pension Plan (CAAT) and its DBplus offering. CIBC Mellon and its partners, CIBC and BNY Mellon, will provide investment and pension servicing solutions to CAAT, including custody, accounting, securities lending, foreign exchange processing…
Citco hires two senior managers
Michael Gallo has joined Citco as an EVP on the hedge fund relationship management team, based in the U.S. He previously spent 13 years at BNY Mellon. Separately, Ainun Ayub has joined Citco as global product head for real assets, based in the UK. She was previously at BBH, where she was responsible for product…
BNY Mellon hires global head of alts bus dev
Páraic Cosgrave has joined BNY Mellon as global head of alternatives business development within the asset servicing group. He is based in Dublin. Cosgrave was previously global head of sales for Abbey Capital Ltd, a Dublin-based manager specialising in managed futures. He also worked at BNP Paribas Securities Services as global head of sales &…
DB transacts first two ESG repos
Deutsche Bank’s New York agency securities lending team has transacted its first two ESG off balance sheet investments. The trades, which amounted to USD550m, were transacted on behalf of two of the bank’s U.S. based state pension fund clients which aimed to demonstrate their commitment to tackling climate change, ensuring gender diversity, better working conditions…
DTCC taps BNY Mellon for new CEO
BNY Mellon has appointed Roman Regelman, CEO of asset servicing, to lead the issuer services business. This follows the appointment of Frank La Salla as the president and CEO of The Depository Trust & Clearing Corporation (DTCC). Regelman, a member of the ExCo, will continue to lead digital for BNY Mellon. Regelman joined BNY Mellon…
Aon and BNY Mellon collaborate on ESG
Aon and BNY Mellon have signed a multi-faceted data and digital collaboration focusing on supporting the ESG needs of clients globally, leveraging both firms’ collective ESG data and analytics capabilities and data sets. In addition, Aon and BNY Mellon will work to further enhance solutions in the areas of digital assets and data and analytics.…
BNY Mellon adds ETF servicing capabilities
BNY Mellon has launched its ETF Intelligent Basket Builder and ETF Asset Flow Analytics Dashboard, its latest services to support the growth and digitisation of the ETF operating model. BNY Mellon now services >USD1.25trn in ETF assets, The ETF Intelligent Basket Builder, part of BNY Mellon’s ETF Center and available on its NEXEN portal, provides…
BNY Mellon invests in Coin Metrics
Coin Metrics, a provider of crypto financial intelligence, has raised USD35m in Series C financing, led by Acrew Capital and BNY Mellon. Goldman Sachs, Fidelity Investments, Highland Capital Partners, Avon Ventures and Morningside Technology Ventures are continuing their investments in the company after participating in previous fundraising rounds. They are joined by new investors Cboe…