Category: Bank Providers

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.…

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…

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 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, 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 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…

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…