Joe Bonanno has been appointed global head of data analytics and innovation for Citi’s wealth management business. Bonnano, who joined Cit in 2022 as global head of data, digital and innovation for the securities services business, spent almost 12 years with Morgan Stanley’s wealth management unit.
Category: Bank Providers
BNY & BlackRock to support AIA
BNY has struck an agreement with AIA and BlackRock. AIA will implement BlackRock’s Aladdin platform, with BNY’s investment operations and data management services and technology, to create a connected and scalable ecosystem to support AIA’s investment activities. AIA and its subsidiaries are the largest independent publicly listed pan-Asian life insurance group. It had total assets…
State Street wins in Brazil
State Street has been selected to provide fund accounting, fund administration and investor servicing for Galapagos Global Capital Management, the U.S.-based hedge fund manager of Galapagos Capital, a Brazilian-founded investment company. State Street will provide these services to Galápagos Macro Master LP and Galápagos Macro Cayman Ltd.
Tetragon works with HUB
Tetragon, a C.I.-based asset management business, has deployed HUB Position Oversight, a SaaS solution that creates a unified view of portfolio data across internal and external systems for month-end NAV reporting processes. The solution onboards data from multiple systems, enabling Tetragon to automate position matching and streamline exception management through embedded workflow. HUB is a…
Donohue leaves State Street
A long-serving senior executive at State Street has stepped down. Jessica Donohue, one of the most senior female executives at the bank, was appointed as head of global investment insights, sustainability and impact in 2023 after the retirement of Rick Lacaille. Previously Donohue had been global head of State Street’s asset owner segment.
Northern Trust to service L&G LTAF
Northern Trust has been appointed by Legal & General to provide depository and fund administration services for its recently launched Private Markets Access Fund, which integrates a UK Long Term Asset Fund (LTAF) as a core component. The fund aims to offer 5.2 million DC scheme members the opportunity to obtain diversified exposure to private…
Atkinson joins Euroclear
Neil Atkinson has left HSBC to join Euroclear. He spent more than five years at HSBC, most recently as global head, platform solutions, banks and broker dealers, for the securities services business.
Pirum hires U.S. sales director
Pirum, the fintech focused on securities finance and collateral management, has appointed Richard Marquis as director, sales, North America. Based in New York, Marquis joins Pirum from MUFG Securities, where he ran the securities finance regulatory project for 10c-1a compliance. He has also worked at BNY, J.P. Morgan and UBS.
AccessFintech hires product head from J.P. Morgan
AccessFintech, the provider of real-time data insights across financial markets, has appointed Naveen TV as head of product. He most recently spent 12 years at J.P. Morgan as global head of data strategy and AI. He has also served as a board director at Saphyre and AccessFintech.
Danloy heading to Euroclear
Although it has not been officially announced, credible sources say that Sébastien Danloy is joining Euroclear as chief business officer, replacing Valérie Urbain, who was appointed CEO earlier this year. After leaving HSBC, Danloy joined BNP Paribas in 2023 as global head of sales & relationship management for institutional investors, a newly created role. He…