Crédit Agricole S.A. and Santander have entered into an agreement for the acquisition by Crédit Agricole of Santander’s 30.5pct stake in CACEIS. Following the proposed transaction, Crédit Agricole will control 100% of the share capital of CACEIS. Completion of the transaction is subject to customary closing conditions, including regulatory approvals, and is expected to take…
Category: CACEIS
Universal hires chief product officer
Universal Investment Group, the Europe-based fund services platform and Super ManCo, has scored a major coup with the appointment of Ronan Doyle as chief product officer. Doyle joins from CACEIS, where he was global head of product management, based in Dublin, having transferred from RBC following the takeover. U-I has also promoted André Jaeger to…
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…
CACEIS implements Nephelai
CACEIS has integrated a machine learning solution from Nephelai, a French fintech, that facilitates middle-office trade management. Machine learning streamlines client transaction processing, from capture, verification, enrichment and confirmation to settlement monitoring and penalty management. Prior to sending orders to the market, the solution scans every transaction, detecting anomalies, filling in missing information or correcting…
Blackie moves to State Street
State Street has hired Charlotte Blackie as head of network management controls, based in London. She previously spent 23 years at RBC, but did not move to CACEIS.
CACEIS offers access to ARTEX
CACEIS now offers broker-dealers, market makers and banks the opportunity to trade on the ARTEX trading venue, with support from CACEIS’ clearing & settlement services. ARTEX is a multilateral trading facility on which shares in world-famous, iconic works of art are traded. The shares in the artworks are tradable and transferable securities just like all…
CACEIS completes RBC integration in Europe
CACEIS has completed the integration of RBC’s European asset servicing activities. All staff across all locations are now regrouped under common legal structures. Having obtained regulatory authorisations, CACEIS has updated its legal structures by combining entities in France, Luxembourg, Belgium, Ireland and Switzerland. The client migration project is scheduled for completion by the end of…
CACEIS launches digital assets business line
CACEIS has established a digital assets business line The business, stemming from the Digital Assets Group project with Crédit Agricole CIB, brings together a team of people with expertise in digital asset custody, IT infrastructure design, and related functions such as compliance, legal, and risk management. It is designed to sit alongside CACEIS’ operating model…
GemCap renews with CACEIS
CACEIS has renewed its partnership with GemCap Investment Funds (Ireland) PLC, a multi-manager UCITS platform supported by Gemini Capital Management, a UCITS ManCo. GemCap is a specialist in the UCITS fund space, offering Irish-based operational and regulatory solutions. The renewal, for >EUR4.7bn (USD5bn) AuC/A, covers depositary, custody, fund accounting, transfer agency and production of financial…
CACEIS signs with AlphaOmega
CACEIS has signed a partnership deal with Luxembourg-based regtech AlphaOmega to provide a PRIIPs reporting service for clients of its private equity real estate solutions business line. The new service is available via the Connect Store, CACEIS’ online marketplace, through which clients can access the solutions of selected fintech partners. AlphaOmega provides a one-stop shop…