HSBC Securities Services has enhanced its global middle office infrastructure and services to support asset manager middle office mandates, especially in Asia where it reports significant growth. The improvements cover trade management and settlement control services, as well as introducing a significantly enhanced investment book of record (IBOR) reporting capability. This is driven by a…
Category: Headlines
Citi’s Proxymity voting platform rolled out in Australia
Proxymity, Citi’s end-to-end proxy voting platform that directly connects the issuer and investor, has been rolled out in Australia. In collaboration with Computershare, Proxymity was deployed for 561 Australian shareholder meetings with votes covering AUSD86bn (USD58bn) of shares. The platform recorded vote transmission times of as low as 27.5 seconds for European investors that voted…
BP2S promotes Pat Hayes to global head of alternative investors
BNP Paribas Securities Services has made two key appointments. Pat Hayes, who joined in 2016 from State Street as regional head of UK and the Middle East, is promoted to global head of alternative investors, based in Dublin. He will report to Philippe Benoît, global head of strategic business development and transformation. The role has…
Citco hires Ryan Fitzgerald as head of middle office solutions
Citco, the independent administrator, has appointed Ryan Fitzgerald as head of middle office solutions. He joins from Hazeltree Fund Services, a specialist treasury management solutions provider to the buy-side.
Aztec to administer UK RE fund for BMO Real Estate Partners
Aztec Group, the C.I.-based administrator, has been selected to provide administration services for the investments held in the BMO UK Housing Fund, managed by BMO Real Estate Partners, the real estate arm of BMO Global Asset Management.
Crestbridge hires William Turner for Jersey RE team
Crestbridge, the C.I.-based administrator, has appointed William Turner as a director in its real estate services team. Based in Jersey, he will have responsibility for several key client relationships, reporting directly to the Jersey head of the real estate team, Erin Moffat. Turner moves to Crestbridge from Intertrust, where most recently he was a client…
IQ-EQ hires Tamás Márk as new head of real estate in Luxembourg
IQ-EQ has appointed Tamás Márk as its new head of real estate in Luxembourg. He joins from Intertrust, where he was business unit director, real estate solutions.
Intertrust hires David Ritchie to head new NZ office
Intertrust, the Netherlands-based fund and corporate services provider, has opened an office in Auckland, New Zealand, appointing David Ritchie as country director. Corporate secretarial and funds support teams for New Zealand clients will initially be based out of Sydney as Ritchie builds the team locally. Ritchie has over 15 years’ experience working in investment banking,…
Arcesium hires two senior sales people
Arcesium, the U.S.-based administrator in which J.P. Morgan recently took a stake, has hired Kim Durland as senior vice president sales, strategic new accounts, and Ted O’Connor as head of sales for treasury. They will report to David Nable, head of commercial strategy, in these newly created roles. Durland joins from the prime services group…
Arti Sharma leaves Northern Trust
Arti Sharma, president & CEO of Northern Trust Canada, has left the firm. Sharma joined Northern Trust in 2013. There is no word of her next move.