State Street has integrated its Collateral+ platform with Pirum’s CollateralConnect service to support mutual clients with collateral management and optimisation. This collaboration builds on a series of investments in the Collateral+ suite, which was recently expanded to include a tri-party service, which enables buy-side firms to optimise collateral usage and efficiency when posting margin to…
Category: State Street
Charles River expands wealth management offering
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…
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…
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.
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…
Capital Group selects State Street for new ETF range
Capital Group, the U.S. manager with USD2.7trn AuM, has appointed State Street as custodian, transfer agent and administrator for its first suite of active, transparent ETFs, recently listed on the New York Stock Exchange. The six ETFs include one fixed income core plus income strategy, three equity strategies that invest primarily in the U.S., and…
HSBC hires ANZ sales head from State Street
HSBC is expanding its Australian sales team with the appointment of Sinclair Scholfield as head of sales and client management for its securities services business in Australia and New Zealand. Scholfield spent the last 18 years at State Street, where he was most recently head of platform solutions for Asia Pacific. HSBC estimates that it…