Charles River Development, a State Street company, has established a strategic partnership with Advisor360°, a wealth management software company. The ability for mutual clients to leverage the capabilities of both firms aims to create an innovative and differentiated wealth management solution for the industry. John Plansky, head of State Street Alpha, said: “This partnership signals…
Category: Bank Providers
Alter Domus hires senior State Street manager
Alter Domus, the Luxembourg-based provider of integrated solutions for the alternative investment industry, has hired Vincent Georgel O’Reilly as head of financial institutions strategic partnerships. Based in Luxembourg, hewill report to Alter Domus’ CEO, Doug Hart, and will become a member of Alter Domus’ group executive board. In his new role, O’Reilly will lead the…
Saphyre completes fundraising round
Saphyre, Inc., a U.S.-based fintech that leverages patented AI technology to structure all pre-trade data while eliminating post-trade inefficiencies, has completed its Series A round of USD18.7m, led by HCAP Partners, with J.P. Morgan and BNP Paribas participating in the round.
State Street appoints new head of private markets
State Street has appointed Jesse Cole as global head of its private markets segment. In this role, Cole will be responsible for defining and executing State Street’s global strategy for private markets and will work closely with the global sales and product organisations to manage and grow private markets business across all client segments. Cole…
BP2S to deploy Next Gate tech
BNP Paribas Securities Services and Next Gate Tech have reached an agreement through which BP2S will deploy Next Gate Tech’s data management and NAV oversight technology to support its depositary bank operations, initially in Luxembourg. Next Gate is a Luxembourg-based fintech which recently hired Eduardo Gramuglia, formerly head of State Street in Luxembourg, as its…
State Street bolsters digital management team
State Street Digital has added three executives to its leadership team. Katie Richards joins as global head of operations and Marcus Grubb as global head of product. Both report to Nadine Chakar, head of State Street Digital. Additionally, Derren Selvarajah has joined as product PMO lead for the product strategy team. Selvarajah reports to Grubb.…
LTX completes integration with CRD
LTX, a Broadridge company that runs a digital trading platform, has completed its integration with the Charles River Investment Management Solution. The integration enables Charles River’s order and execution management system users to access aggregated liquidity and leverage transparency and price discovery within their workflows through their existing relationships with their dealers.
Vince to replace Gibbons as BK CEO
Todd Gibbons will retire as CEO of BNY Mellon on August 31, 2022. The board of directors has appointed Robin Vince to be his successor. Vince will initially serve as president and CEO-elect, effective immediately. Vince currently serves as vice chair of BNY Mellon and CEO of global market infrastructure, which includes Pershing, treasury services,…
State Street licenses Copper.co technology
State Street Digital, State Street’s dedicated digital division, has entered into a licensing agreement with Copper.co, a UK-based provider of institutional digital asset custody and trading infrastructure. State Street Digital will leverage Copper.co’s technology to develop and, subject to receipt of regulatory and other approvals, launch an institutional grade digital custody offering where clients can…
SGSS wins RE depositary mandate
SGSS has been appointed as depositary for five AIFs managed by SOFIDY for a total of EUR3.7bn AuM. A subsidiary of Tikehau Capital, SOFIDY is an investor in the consumer real estate fund market with EUR7.6bn AuM. In 2021, SOFIDY launched SCP Sofidy Europe Invest, for which SGSS now provides depositary services, as well as…