Category: Bank Providers

HUB, the fintech that is partly backed by State Street, has won a mandate from Acer Tree Investment Management for HUB NAV Oversight, a SaaS solution designed to optimise and automate NAV processes. Acer Tree, a mid-sized UK-based asset manager specialising in alternative investments, will leverage HUB NAV Oversight to streamline its NAV oversight process.

Universal Investment Group (UI), the Germany-based fund services platform and Super ManCo, has appointed Jeremy Albrecht as its new CEO for Luxembourg. In this role, he will be responsible for heading UI’s Luxembourg platform, which consists of both UI Luxembourg, the largest AIFM and third party ManCo in Luxembourg, and fund administrator UI efa. He…

Northern Trust has been appointed by Sydney-based Platinum Asset Management to provide comprehensive asset servicing solutions across its Australian funds. Platinum Asset Management focuses on global equities and has approximately AUD11bn (USD6.8bn) AuM. Under the terms of the new mandate, Northern Trust will provide custody, fund administration, regulatory reporting, investment operations outsourcing, ETF administration and…

The Lincolnshire County Council Pension Fund has selected CACEIS and the CACEIS Pensions Centre to provide custody, accounting and performance services as part of a GBP3.5bn (USD4.3bn) mandate. CACEIS Pensions Centre is a dedicated administration hub backed by technology platform SimCorp Dimension. This end-to-end solution will provide Lincolnshire County Council Pension Fund with administration capabilities,…

CIBC Mellon is advancing its fund accounting operations through the deployment of ControliQ, an ActiveOps solution. ActiveOps specialises in decision intelligence, aimed at providing data to support the efficiency and decision-making capabilities of service operations. ControliQ is part of its product suite, focusing on operational performance management and providing AI-driven insights to help teams improve…

The National University of Singapore, Northern Trust and UOB have collaborated on the launch of a first-in-market initiative aimed at tokenising green bond credentials. NUS is the first university in Singapore to implement blockchain technology for ESG reporting. The tokenisation process will focus on ensuring data integrity, providing investors with confidence that the environmental impact…

Pirum, the UK-based technology provider for securities finance automation and collateral management, has hired Reid Cheyne as director of fixed income sales, Americas. Following RepoConnect’s success, he will lead on accelerating Pirum’s expansion in the U.S. and wider North America’s fixed income industry. He was most recently at Citi, where he moved from directing fixed…