Jeff Conway has joined the board of directors at SimCorp, the Deutsche Börse-owned fintech. Conway spent more than 30 years at State Street, where he was a long-standing member of the firm’s management committee and held positions including head of global delivery and business transformation, as well as CEO for EMEA.
Category: State Street
State Street makes senior appointment in ME
State Street has appointed Majed Al Hassoun as country head for Saudi Arabia and Bahrain. Reporting to Oliver Berger, head of emerging growth markets, and Emmanuel Laurina, head of Middle East, Africa and official institutions, for State Street Global Advisors, he is based in Riyadh, and will also act as CEO of State Street Saudi…
Another win for State Street Alpha
Harris | Oakmark has gone live with State Street Alpha, State Street’s front-to-back asset servicing platform for institutional investment managers. Harris | Oakmark, a Chicago-based investment management firm with approximately USD104bn AuM, serves as the adviser to the Oakmark Funds, a mutual fund family. The first phase of the migration focused on transaction lifecycle management…
DigitalBridge deploys HUB NAV solution
DigitalBridge has selected HUB NAV Oversight, a SaaS solution designed to optimise and automate NAV processes. DigitalBridge, a global alternative asset manager dedicated to investing in digital infrastructure, is using HUB NAV Oversight to enhance and scale its NAV oversight process. UK-based HUB is backed by a consortium that includes State Street.
Capitolis raises more funds
Capitolis, the fintech focused on capital markets, has received new investments from four banks. The new funding round is led by Citi and includes State Street, both existing investors in Capitolis, as well as new investors Morgan Stanley, and UBS. Each bank will invest USD5m and will join other existing investors including Andreessen Horowitz (a16z),…
HUB wins new U.S. client
WallachBeth Capital, a U.S. provider of institutional execution services, has selected HUB Trading Operations, an SaaS solution, for its day-to-day post-trade operational processes. HUB Trading Operations simplifies complex manual tasks, removes dependency on spreadsheets, and accesses key information. HUB will automate the collection and management of data directly into WallachBeth’s operational workflows, providing accurate calculations…
BBH partners with BestX
BBH has partnered with BestX, the State Street-owned FX TCA vendor, to provide its currency administration platform users with independent TCA. This will improve transparency through independent execution analysis, adding to BBH’s existing FX hedging solutions, which include multi-bank agency execution and performance analytics.
Windstream deploys HUB
Windstream Partners, a C-suite outsourced solutions provider, is deploying HUB to automate performance reporting, standardizing factsheet generation, report scheduling, and improving its ability to respond to customised client report requests. HUB automates data preparation and validation, with configurable workflows and dashboards, and direct access to fully governed underlying performance data used in factsheet generation. Windstream…
Davides quits Broadridge
Lauren Davides has joined J.P. Morgan as an executive director in the product management team, based in Boston. Davides spent nearly 10 years at State Street – most recently as chief of staff for its digital business – before a brief spell at Broadridge.
Australian Ethical appoints CRD
Australian Ethical Investment has selected the Charles River Investment Management Solution to automate its front and middle office processes for its entire investment portfolio. Australian Ethical will use Charles River IMS for portfolio and risk management, trading, compliance, performance measurement and attribution, IBOR, and transaction management. It will also use the State Street Alpha Data…