BNP Paribas has hired Malu Gregorio Paiva as head of Brazil for its securities services business. She was previously LatAm sales head for Citi’s securities services business.
Category: Bank Providers
Regelman to leave BNY Mellon
After more than five years at BNY Mellon, most recently as global head of securities services, Roman Regelman has decided to leave the firm to pursue other career opportunities. Regelman was drafted into BNY Mellon by Charlie Scharf, then CEO, to oversee digital transformation of the bank, but it was soon clear that his talents went far beyond…
Altum closes Link Lux deal
Altum Group, the C.I.-based financial services provider, has completed its acquisition of Link Fund Solutions (Luxembourg) S.A. (Link Luxembourg), following full regulatory approvals. Link Luxembourg is a provider of AIFM and third-party ManCo services. Following the close, Link Luxembourg will soon be rebranded to Altum Management Company (Luxembourg) S.A. and will operate as a subsidiary…
Kyle lands at Broadridge
After a 10-month sabbatical, Ally Kyle has emerged at Broadridge Financial Solutions as director, ICS international account management. Kyle spent 10 years at HSBC, most recently as head of account management in Europe for asset owners and managers. ICS is Broadridge’s investor communications business.
RLAM deploys Aladdin
Royal London Asset Management, a UK fund management company with GBP153bn (USD194bn) AuM, has adopted BlackRock’s Aladdin technology platform, which HSBC will leverage to manage RLAM’s middle office. RLAM’s assets are currently serviced by HSBC’s securities services business, and will now be supported by Aladdin. HSBC has provided RLAM with global custody and middle-office services…
Railpen taps BK for data management
Railpen, the fiduciary and investment manager of the UK railways’ pension schemes, has appointed BNY Mellon to provide a cloud-based data platform that aims to simplify its data architecture and support the resilience of its operating model. The platform will deliver greater insights from Railpen’s proprietary data for investment reporting and analytics. Railpen is responsible…
Perennial consolidates with HSBC
Perennial Partners, an Australian manager, has appointed HSBC as custodian and fund and ETF administrator. Asset transition has been completed, with HSBC now providing services for all Perennial funds across 25 markets.
Citi supports Global X ETF launch
Citi has been appointed by Global X ETFs, part of Mirae Asset Financial Group, to service Hong Kong’s first covered call ETFs. Mirae manages assets of >USD535bn and has over 575 ETFs globally with USD109bn AuM. Global X ETFs has launched the Global X HSI Components Covered Call Active ETF and Global X HSCEI Components…
Zodia wins ETC ETP mandate
ETC Group has appointed Zodia Custody to support its latest ETP listed on Deutsche Börse XETRA, the ETC Group Ethereum Staking ETP, a total return exchange-traded product that tracks the Compass Ethereum Total Return Monthly Index. The ETP is fully backed by the underlying digital assets, and counterparty risk is negated through an independent trustee.…
NTRS selects FINBOURNE
Northern Trust has selected FINBOURNE Technology, the UK-based fintech, to provide valuations and reporting capabilities for its enterprise global technology. Northern Trust will leverage FINBOURNE’s cloud-native financial data management solution, LUSID, and data virtualisation engine, Luminesce, to modernise its valuations and reporting functions and provide enhanced service delivery to clients.