J.P. Morgan has appointed Teresa Heitsenrether as head of a new unit, data & analytics, which will focus on AI. She is replaced as head of the securities services business by Tim Fitzgerald, currently head of global custody & fund services. He joined J.P. Morgan in 2016 from Deutsche Bank.
Category: J.P. Morgan
J.P. Morgan adds sustainable investment data to Fusion
J.P. Morgan Securities Services has launched sustainable investment data solutions for institutional investors, available through Fusion, its data, analytics and reporting platform. These solutions will enable investors to extract value from sustainable investment data supplied by providers through normalisation, management, calculation, and screening capabilities. The solutions provide access to normalised data across providers while offering…
Artemis consolidates with Northern Trust
Northern Trust has been appointed to provide a range of solutions for Artemis, a UK-based asset manager with >GBP24.3bn (USD30.1bn) AuM The deal sees Northern Trust appointed as Artemis’ single provider of asset servicing solutions. The agreement includes the provision of investment operations outsourcing solutions, fund administration, depositary, global custody and transfer agency services for…
Citi hires global head of custody prod dev
Citi has appointed Mike Hughes as global head of custody product development. He will be responsible for the custody strategy across all Citi’s proprietary markets and global models. He joins from Ocorian, a C.I.-based independent administrator. Prior to that, he was at J.P. Morgan. Based in London, he will report to Matthew Bax, global head…
Dale Grieve joins J.P. Morgan
Dale Grieve has joined J.P. Morgan as head of long term savings & wealth, UK and Ireland platform sales. He previously spent nearly 18 years at HSBC, most recently as head of UK sales & business development for the securities services business.
Arcesium launches data platform
Arcesium, the fintech in which J.P. Morgan holds a stake, has launched Aquata, an “out-of-the-box” data platform. Aquata is engineered to support various client types, including institutional asset managers, private markets investors, custodians, fund administrators, prime brokers, and hedge funds, to manage their investment data. With Aquata’s pre-built data models and connectors, combined with its…
Swift appoints new chair
The Swift board of directors has elected J.P. Morgan’s Graeme Munro as non-executive chair, and Samantha Emery of Lloyds Banking Group as non-executive deputy chair. The appointments follow the decision of Yawar Shah, chairman for 16 years, to stand down.
J.P. Morgan to acquire Aumni
J.P. Morgan has entered into a definitive agreement to acquire Aumni, a provider of investment analytics software to the venture capital industry. Financial terms of the transaction were not disclosed and closing is expected in the first half of 2023. Founded in 2018, Aumni’s proprietary data analytics engine structures, tracks and analyses legal and economic…
BNY Mellon appoints global head of operations
BNY Mellon has hired Richard Gordon as global head of operations. Based in the UK, Gordon will report to Alejandro Perez, who recently assumed overall oversight responsibility for operations in addition to his existing role as CAO. Gordon was most recently global head of securities services operations and network management at J.P. Morgan, where he…
Aztec adds senior trio to U.S. team
Aztec Group has appointed Ore Adegbotolu, Dan Kalish and David Naab to new leadership roles in the U.S., where it established a presence in 2021 to provide fund and corporate accounting and administration services to the private equity, venture capital, infrastructure, real estate and private debt sectors. Adegbotolu is appointed head of U.S. markets, transferring…