Hill Country Asset Management, a U.S.-based alternatives manager, has appointed Arcesium LLC, a financial technology and professional services firm, to deploy Arcesium’s joint offering with J.P. Morgan’s Securities Services. Arcesium will provide technology and services for enterprise data management, internal books and records, reconciliation, and treasury workflows, and J.P. Morgan will act as Hill Country’s…
Category: J.P. Morgan
J.P. Morgan strikes deal with Abel Noser for TCA
Nearly 20 years after its disastrous foray into the transaction cost analysis business, J.P. Morgan has struck a deal with Abel Noser Solutions, a multi-asset TCA provider. Abel Noser’s analytics will be integrated into J.P. Morgan’s platform, providing asset owner and asset manager clients with a multi-asset post-trade TCA solution. In 2002 J.P. Morgan acquired…
J.P. Morgan arrives late to data party
Significantly behind all its major competitors, J.P. Morgan’s securities services division is setting up a new data solutions business. Gerard Francis, who was head of enterprise data solutions at Bloomberg, will head the business, reporting to Teresa Heitsenrether, global head of securities services.
Andy Duffin joins J.P. Morgan to run EMEA network management
J.P. Morgan has hired Andy Duffin to run network management for EMEA. Duffin, who spent nearly 12 years at SGSS, was most recently business development director at BNY Mellon’s Pershing business in the UK.
Arcesium launches performance allocation product
Arcesium, the U.S.-based financial technology and professional services firm, has launched PerformA, a performance allocations product designed to simplify the investor accounting process and reduce the risks, costs, and manual errors associated with spreadsheet-based fund accounting. PerformA is tailored for different client types, including hedge funds, fund administrators, and private equity firms.
Ocorian hires Mike Hughes as global head of service lines
Ocorian, the C.I.-based administrator, has appointed Mike Hughes as global head of service lines. In his new role, Hughes has ultimate responsibility for all client segments and will also join Ocorian’s ExCo. He was previously global head of J.P. Morgan’s global custody product.
J.P. Morgan links to SimCorp Dimension
J.P. Morgan’s securities services business is building a link to SimCorp Dimension. SimCorp is a provider of technology solutions and services for the asset management sector. Available to mutual clients, the front-to-middle office and custody integration has gone live at one asset owner in APAC.
J.P. Morgan to deliver U.S. securitised products data to Confluence’s Delta platform
Confluence, a technology solutions provider to the worldwide money management industry, and J.P. Morgan have launched a further development in their partnership to deliver a multi-asset portfolio analytics solution. At the start of Q3 2021, Delta, Confluence’s risk and performance solution, will have expanded coverage powered by J.P. Morgan’s proprietary analytics to include U.S. securitised…
BlackRock to transfer ETF assets from State Street
State Street has confirmed that, following a review, it expects BlackRock to move a “significant portion of its ETF assets currently with State Street to one or more other providers, pending necessary approvals”. The transition is expected to begin in 2022 but will principally occur in 2023. In 2017 BlackRock moved USD1trn of common trust…
Rosemary McCollin joins Vistra from J.P. Morgan
Rosemary McCollin has joined Vistra as sales director for UK private equity. She previously spent 16 years at JPMorgan Chase.