State Street has appointed Benjie Fraser as the regional segment head for asset owners in EMEA. Fraser led the global pensions practice at J.P. Morgan, and has previously worked in sales roles for BNY Mellon and State Street.
Category: Bank Providers
State Street hires Vistra’s Marcia Rothschild as head of LatAm
State Street has appointed Marcia Rothschild as head of Latin America, with responsibility for leading sales and deepening relationships with clients and prospects. She joins from Vistra, where she was business development director for its alternatives division. Prior to Vistra, Rothschild worked at SS&C, Citigroup, and BNP Paribas. Additionally, State Street’s Brazilian bank has begun…
BNY Mellon & Amundi link strategic platforms
BNY Mellon and Amundi have agreed to a transatlantic alliance that links BNY Mellon’s OMNI platform with Amundi’s ALTO* (Amundi Leading Technology and Operations) portfolio management system. This alliance aims to deliver an automated and simplified workflow throughout the investment cycle of securities held in portfolios, to prioritise consistency of data between the portfolio and…
BNP Paribas expands IM services to APAC
BNP Paribas Securities Services is expanding its collateral management services in APAC to help firms in the region manage initial margin requirements arising from their non-cleared OTC derivatives positions.
Christopher Morley joins MUFG to run sec lending in Lux
Christopher Morley has joined MUFG to run the global securities lending group in Luxembourg. He was previously with Deutsche Bank.
LiquidShare hires Jean-Marc Eyssautier as CEO
LiquidShare, the fintech co-founded by major European financial institutions in 2017 to develop post-market solutions by leveraging distributed ledger technology, has appointed Jean-Marc Eyssautier as CEO. He was previously at CACEIS.
Westwood outsources trading to Northern Trust
Northern Trust has been selected by Westwood Holdings Group to provide outsourced trading through its Integrated Trading Solutions service. In this role, Northern Trust will assume responsibility for equity and fixed income trading and middle office trade settlement support for the USD12bn asset manager.
HQLAx secures new funding for collateral platform
HQLAᵡ, the Luxembourg-based fintech provider, has secured EUR14.4m Series B funding from BNY Mellon, Goldman Sachs, BNP Paribas Securities Services, Citigroup and its existing shareholder, Deutsche Börse. The funding will be used to accelerate the core premise of the HQLAᵡ platform – helping the industry address European collateral fragmentation by extending its connectivity to leading…
Arti Sharma resurfaces at MJ Hudson Amaces
Arti Sharma has joined MJ Hudson Amaces, the FX and custodian benchmarking service, as a managing director, based in Canada. Sharma was one of the leading names in the North American custody industry before she stepped down from her role as president and CEO of Northern Trust Canada in 2020. She was also an executive…
State Street joins industry collaboration on new ops tech for asset managers
PIMCO, Man Group, IHS Markit, State Street, Microsoft and McKinsey & Company have announced their intention to form a new UK-based technology-led company, HUB, to build a cloud-based operating platform aimed at transforming asset managers’ operations technology. The company selected Microsoft as its technology platform provider to empower HUB to develop its asset management operating…