Steven Scally has joined SS&C in the UK as technology solutions director. He had a brief spell at HSBC after working at BNY Mellon for four years.
Category: Bank Providers
Fundnode launched in Singapore
Marketnode, the Singapore-based joint venture between Temasek and SGX, has launched Fundnode, an industry-wide investment funds utility using distributed ledger technology. Fundnode will begin by streamlining fund processes, facilitating simplified subscription, redemption, and record-keeping workflows for funds offered to retail investors (Authorised Collective Investment Schemes). Pilot phase participants of Fundnode will include fund distributors, fund…
BNY Mellon adds tax talent
Lars Heise has joined BNY Mellon as global head of fund tax services, based in the U.S. He was previously at J.P. Morgan. BNY Mellon recently entered into a multi-year licensing agreement to adopt the Xceptor tax platform. In 2021, BNY Mellon substantially bolstered its global tax team, hiring Liam Stanbridge from State Street as…
Laurent Born joins BNY Mellon in Lux
Laurent Born has joined BNY Mellon as head of depositary bank services in Luxembourg. He previously spent more than 17 years at RBC Investor & Treasury Services. His appointment follows the recent announcement that Brenda Bol had been appointed as the new branch manager for BNY Mellon in Luxembourg.
Ultimus hires industry veteran for RM role
Ultimus Fund Solutions, an independent provider of fund administration and investor solutions with USD400bn AuA, has hired Shannon Thibeaux-Burgess as an SVP in the relationship management team. Thibeaux-Burgess most recently served as head of regulatory services at J.P. Morgan. Prior to that, she was chief administrative officer on the fund administration legal team at State…
State Street appoints Korea country head
State Street has appointed Min Kim as Korea country head. Min has been with State Street for over 20 years and was instrumental in developing the bank’s franchise in Korea. Prior to taking on this role, he was head of Korea Institutional Services. Reporting to Mostapha Tahiri, CEO, Asia Pacific at State Street, Min is…
BNY Mellon appoints new Lux head
BNY Mellon has appointed Brenda Bol as branch manager in Luxembourg and head of the investment managers segment in EMEA for the asset servicing & digital business. She joins from Brown Brothers Harriman in Luxembourg. The position at BNY Mellon has been open since David Claus left to join EDB earlier this year.
Northern Trust bolsters digital solutions team
Northern Trust has named Benjamin Bobroff as the new global head of the Digital Solutions Consulting team within its asset servicing business development division. Based in London, Bobroff joined Northern Trust in 2019 from BlackRock as senior consultant for EMEA. In his new role he reports to Jon Dunham, global head of asset serving sales.…
State Street hires new global head of network management
State Street has hired Dan Hickey as global head of network management, based in the UK. Hickey joins from RBC Investor & Treasury Services, where he held a similar role. Following the successful implementation of its market-leading Network 2.0 strategy, RBC is currently building out interfaces with its three core sub-custody providers: Citi, Clearstream and…
U.S. Bank simplifies alts data reporting
U.S. Bank has launched a suite of lifecycle data metrics, with faster reporting of private equity, hedge fund and other alternative fund data. This capability, designed for custody clients, is made possible by new automated data extraction technology. This new process of pulling essential data from private markets is made possible in part by U.S.…