Mark Chessler has joined Alter Domus as a senior manager, based in the U.S. Chessler was previously at BBH, working in the alternative investments product group, and has also worked for State Street.
Category: Bank Providers
State Street launches fund trading in Mexico
State Street has launched an integrated fund trading solution, alongside its custody offering, for clients in Mexico. The secure online platform will allow for access to a broad range of investment funds in collaboration with Clearstream’s Vestima platform, providing fund order services through a single-entry point. The service will support connectivity with a range of…
BNY Mellon invests in Coin Metrics
Coin Metrics, a provider of crypto financial intelligence, has raised USD35m in Series C financing, led by Acrew Capital and BNY Mellon. Goldman Sachs, Fidelity Investments, Highland Capital Partners, Avon Ventures and Morningside Technology Ventures are continuing their investments in the company after participating in previous fundraising rounds. They are joined by new investors Cboe…
HSBC appoints new ANZ head for M&SS
HSBC has appointed Nick Wheeler as head of markets and securities services for Australia and New Zealand. Wheeler has been at HSBC since 2004. Earlier this year HSBC hired Sinclair Scholfield from State Street to head securities services sales and client management for Australia and New Zealand.
IQ-EQ hires new CCO for APAC
David Kim has joined IQ-EQ, the Luxembourg-based investor services provider, as chief commercial officer for APAC, based in Singapore. He joins from Northern Trust, where he was head of client relationship management for south-east Asia.
Rathbone signs with Charles River
Rathbone Funds (Rathbone Unit Trust Management Ltd), the UK-based subsidiary of Rathbones Group Plc, has selected the Charles River Investment Management Solution to support its equity, fixed income and multi-asset portfolio management, including managing its securities and investment data on the State Street Alpha Data Platform. Mike Webb, chief executive of Rathbone Unit Trust Management…
BP2S extends broker-to-custody offering
BNP Paribas Securities Services has expanded its broker-to-custody offering and has added Spuerkeess, a Luxembourg-based bank, to the platform. The broker-to-custody solution, which was previously offered only in the U.S. and APAC, is now available across Europe, further to the bank’s recent expansion in equities flow trading in the region. Using BNP Paribas’s open architecture,…
SimCorp & SGSS extend partnership
SimCorp, the Europe-based provider of SaaS investment management solutions, and Société Générale Securities Services (SGSS) have extended their partnership until 2028 to promote front-to-back solutions for asset managers. The new contract includes a broad scope of new activities, including additional front office and ESG functionalities for CrossWise, SGSS’s front-to-back integrated suite which leverages SimCorp Dimension’s…
Circle adds BNY Mellon as reserves custodian
Circle Internet Financial, LLC has appointed BNY Mellon as a primary custodian for USD Coin (USDC) reserves. Circle is an internet finance firm that provides internet-based payments and financial infrastructure and is the sole issuer of USDC. USDC is one of the fastest growing dollar digital currencies in the world, with over USD52bn in circulation…
MUFG opens hub in Cyprus
MUFG Investor Services, the asset servicing arm of Mitsubishi UFJ Financial Group, has established an operational centre in Limassol, Cyprus. This is MUFG’s second European hub, working alongside its Dublin office. MUFG has c. USD800bn AuC/A.