European Fund Administration, which is due to be acquired by Universal Investment, has been appointed by Link Fund Solutions (Luxembourg) S.A. to provide middle office services covering trade management services for transferable securities and for financial derivative instruments. This new mandate broadens the longstanding relationship between EFA and Link Fund Solutions (Luxembourg) S.A., a third-party…
Year: 2022
Vistra hires U.S. RE head
Vistra, a provider of advisory and administrative support to fund, corporate, capital markets, and private wealth clients, has hired Marlyn Ramirez as director, real estate fund operations, U.S. She joins Vistra with 20 years’ experience in real estate fund accounting, investor reporting, fund returns and investment management accounting systems implementation. Prior to joining Vistra, she…
State Street opens in Chile
State Street has opened an office in Chile to support institutional clients in Latin America, with a focus on custody, fund administration and securities lending. Alberto Menendez will lead the Chile office, and act as sales representative for Chile and Peru. He will report to Maria Ximena Vasquez Barbosa, regional sales head for LatAm and…
Fenergo upgrades KYC offering
Fenergo, the provider of digital solutions for KYC and CLM, has launched a new perpetual KYC solution to enable financial institutions to streamline periodic KYC review processes and reduce costs through automation. The solution, Fenergo Smart Review, automates the continuous monitoring of client profiles for KYC compliance by identifying all changes to relevant entity data,…
SS&C signs with Napier
SS&C has signed a deal with Napier, the financial crime prevention fintech, for Napier’s AI-enhanced financial crime risk management platform, Napier Continuum, which includes client screening and transaction monitoring tools. Napier Continuum enables large-scale screening and re-screening capabilities, and has been designed to scale alongside increasing compliance obligations as the business grows.
Suntera supports IoM DLT start-up
Suntera Global, the Isle of Man-based administrator, is providing a suite of services through its digital division to support the establishment of a blockchain-based tech start-up in the Isle of Man which aims to revolutionise the digital funding and investment space. Suntera’s specialist fintech and crypto asset services division has provided a range of structuring…
Ultimus hires from U.S. Bank
Ultimus Fund Solutions, a U.S.-based provider of fund services, has hired Gail Zess as VP of relationship management, and Catherine (Catie) Pfeifer as AVP of control accounting. Both join from U.S. Bank.
Bronte appoints Clearwater
Bronte Capital, an Australia-based long/short fund manager, has selected Clearwater Analytics for investment data management, reporting, and portfolio analytics. Bronte Capital will leverage the Clearwater platform with multi-asset-class, daily aggregation, reconciliation, and book-of-record reporting.
FIS appoints new CEO
FIS, the Florida-based fintech, has appointed Stephanie Ferris as president and CEO. Ferris will take over as CEO from Gary Norcross, who has served as the company’s CEO for the last eight years. Norcross will take on the role of executive chairman of the board.
Centaur opens in Manila
Centaur Fund Services, the Ireland-based administrator that is due to be acquired by Waystone, has opened an office in Manila. This brings Centaur’s footprint to eight countries over three continents.