ABN AMRO Investment Solutions has appointed BNP Paribas’ securities services business to provide a range of dealing and middle office outsourcing services. These services will be connected with ABN AMRO Investment Solutions via BlackRock Aladdin, the platform selected by ABN AMRO Investment Solutions to unify its investment management processes. BNP Paribas has a long-standing relationship…
Category: Bank Providers
Another defection from BBH
Sid Patel has left BBH to join J.P. Morgan as an executive director, based in Boston. He spent nearly 12 years at BBH in Boston and London, most recently as a sales & relationship manager.
SS&C hires CIO for GIDS business
Declan McCarthy has joined SS&C as CIO, global investor & distribution solutions in Europe. He is based in Dublin. McCarthy previously spent nearly 12 years at State Street, most recently as global head of IT relationship management.
HSBC shakes up M&SS management
HSBC has made major changes to the senior management team of its markets & securities services business. Following the integration of its M&SS operations teams into a single unit, HSBC has now moved to unify elements of the front office, which involves the elimination of some co-head roles. Richard Godfrey, who was co-head of securities…
CRD collaborates with DirectBooks
Charles River Development, a State Street company, is collaborating with DirectBooks, enabling investment firms to manage primary issuance workflows in the Charles River Investment Solution (Charles River IMS). DirectBooks optimises primary issuance of fixed income securities by streamlining communications workflows between underwriters and institutional investors. Currently, 22 underwriters and over 250 institutional investors, including 17…
BBH announces four RMs for inserv business
In the clearest signal yet that the State Street deal to acquire Brown Brothers Harriman’s investor services business in far from certain, BBH has announced four new senior relationship managers. Mariana Kelly joins from BNY Mellon where she worked as a relationship manager for Latin American clients and held roles in business development, project and…
ART consolidates with State Street
Local media reports in Australia suggest that the AUD230bn (USD148bn) Australian Retirement Trust has consolidated custody and administration with State Street. ART was formed following the merger of QSuper and Sunsuper. QSuper, the larger of the two funds, had previously used Northern Trust, whilst State Street serviced Sunsuper.
CRD hires BNY Mellon veteran
Jeremy Shaw has joined Charles River Development, a State Street company, as a relationship manager in the UK. He previously spent more than 13 years at BNY Mellon.
Coremont hires CTO
Coremont, a UK-based provider of front-to-back portfolio management support for hedge funds and institutional asset managers, has appointed Balaji Krishnamurthy as chief technology officer, based in the U.S. He joins from JPMorgan Chase, where he oversaw middle office and post-trade technology, based in New York. This follows the recent appointments of Akbar Sheriff as global…
U.S. Bank adds to senior management team in Lux
U.S. Bank has appointed Bardad Sambou as managing director – operations and client service, in Luxembourg. This follows the recent promotion of Didier Delvaux, head of Luxembourg, to head U.S. Bank’s global fund services business in Europe. Sambou previously spent more than 16 years at State Street.