IQ-EQ, the Luxembourg-based investor services provider, has scored a major coup with the hiring of Emma Crabtree as group chief commercial officer. Crabtree joins from BNP Paribas Securities Services, where she was global head of sales for the asset manager and alternatives segments. Before joining BP2S in 2016, Crabtree spent nearly 20 years at RBC.…
Category: Bank Providers
Sal Nayeer joins BNY Mellon
Salmaan (Sal) Nayeer has joined BNY Mellon in Hong Kong to head the front to back middle office product in APAC. He was previously at HSBC, where he was the APAC middle office product manager.
Karsten Illy promoted by Northern Trust
Karsten Illy has been promoted to country head, Switzerland for Northern Trust. He takes over this responsibility from Wim van Ooijen and hands over his COO responsibility for Switzerland to André Debrunner, the current head of fund reporting. Wim van Ooijen maintains responsibility for Switzerland as part of his wider GFS executive role and continues…
FIS hires State Street digital expert
FIS, the U.S.-based fintech, has appointed Ralph Achkar as head of product strategy for digital assets, currency, and blockchain. He joins from State Street, where he led digital product development for EMEA and ASPAC.
BNY Mellon and SNB Capital expand relationship
BNY Mellon and SNB Capital, Saudi Arabia’s largest custodian, are working on a data management solution to support a robust, market-leading and inclusive capital markets ecosystem. Following the 2020 formation of a global custody alliance to deliver securities services capabilities, SNB Capital will deploy BNY Mellon’s data platform within its IT infrastructure in Saudi Arabia.…
State Street renews data deal with LSEG
State Street and the London Stock Exchange Group have extended their relationship, with an agreement that includes a range of data services to support State Street across its businesses. State Street clients can access market pricing, symbology, and time series data from Refinitiv through the Charles River Investment Management Solution and the State Street Alpha…
Arcesium opens in Delhi
Arcesium, the U.S.-based administrator that claims to have USD675bn AuA, has expanded its India-based operations with a new office in Delhi NCR. The Delhi office will initially have over 300 employees and is expected to triple in size to 1,000 employees over the next two years. The office will be located in DLF Cyber Park,…
Northern Trust continues automation push for alts business
Northern Trust has partnered with Accelex, a UK-based fintech, to provide asset owners with new capabilities for handling unstructured data. The improvements complement other AI-powered data extraction capabilities that Northern Trust has developed in house for its alternative asset servicing business and for clients of its Front Office Solutions platform. Leveraging Accelex technology, Northern Trust…
U.S. Bank wins WisdomTree BTC ETF mandate
WisdomTree, the U.S.-based ETP specialist with USD75bn AuM, has appointed U.S. Bank as service provider for its proposed Bitcoin Trust ETF, which is currently under review by the SEC.
Sandie O’Connor joins BNY Mellon’s board
BNY Mellon’s board of directors has elected Sandie O’Connor as an independent director. With the addition of O’Connor, the board will have 13 directors, 12 of whom are independent. O’Connor retired as the chief regulatory affairs officer for JPMorgan Chase, where she set the firm’s regulatory strategy and led engagement with G-20 policymakers. Prior to…