Euroclear has taken a stake in Marketnode, the Singapore-based digital market infrastructure operator. Founded by SGX Group and Temasek in 2021, Marketnode serves as Asia-Pacific’s DLT-powered financial market infrastructure. HSBC invested in Marketnode in May 2024. By joining forces with Marketnode and its existing shareholders, Euroclear aims to participate in the setup of a key…
Category: Bank Providers
State Street expands LatAm presence
State Street has appointed Maria Ximena Vasquez Barbosa as regional sales head for Latin America & Caribbean. She will also spearhead its move into Mexico. She will be based in Mexico City, reporting to Oliver Berger, head of emerging growth markets for State Street. State Street has established operations in Colombia, Chile and Peru. Barbosa…
WisdomTree returns to BNY
BNY has been appointed by WisdomTree to provide custody, accounting, fund administration, ETF services and securities lending across its U.S.-listed ETFs, covering USD80.7bn AuM. BNY has also been awarded fund accounting and administration of WisdomTree’s Bitcoin ETF and suite of tokenised funds. The outgoing provider is State Street, which took the mandate from BNY over…
Altered takes stake in ZILO
Altered Capital has become a significant shareholder in ZILO, the UK-based technology company currently specialising in transfer agency and the investor experience. Altered has acquired a 6.5pct stake from several early seed investors. Altered joins other investors in ZILO, including Fidelity International Strategic Ventures, Portage, State Street and Citi.
Pirum links with BNPP
Pirum, the UK fintech for securities finance automation and collateral management, has connected its exposure and collateral management solutions to BNP Paribas’ securities services business. As a result of the collaboration, mutual clients of BNPP’s triparty collateral services and Pirum now gain automated exposure and collateral management processing visibility, efficiency and transparency across their securities…
CACEIS works with Spiko on MMF tokenisation
CACEIS has enabled clients to subscribe to the first French UCITS money-market funds with units natively issued and delivered on Ethereum’s public blockchain. This marks the launch of CACEIS’ new custody architecture for tokenised financial instruments and crypto assets. Spiko, a pioneering French fintech known for its blockchain-based fund unit tokenisation solution, and Twenty First…
BNPP launches ESG service in ANZ
BNP Paribas has launched its ESG investment compliance monitoring service in Australia and New Zealand. The service provides ESG investment compliance screening capabilities for local asset managers and owners, allowing them to incorporate customisable and flexible ESG criteria into their portfolio monitoring. The service, which has already been deployed in Europe, includes a wide range…
Glaysher retires from NT
Toby Glaysher has retired from Northern Trust after a 37-year career with the bank. He was most recently president of Global Fund Services. During his years of service at Northern Trust, he specialised in asset servicing, holding managerial and technical roles in both the back and front offices and in a number of locations, including…
TCW expands with State Street
State Street and TCW have expanded their decades-long partnership that now includes the provision of middle office services. This engagement builds on and grows the existing services that State Street continues to provide TCW, including administrative and custody services to support TCW’s public and private fund complexes and capital for TCW’s alternatives platform. TCW will…
BNPP moves Kasparian to UK
BNP Paribas’ securities services business has appointed Julien Kasparian as its regional head for the UK and Middle East, subject to regulatory approvals. He was most recently head of Hong Kong SAR for securities services, and will hand over his former responsibilities to Laure Ly, previously head of client development, Greater China, for securities services.…