State Street Digital has appointed Rob Otter as head of blockchain engineering and Nitin Gaur as digital technology strategy lead. Otter, based in London reports to Aman Thind, chief technology officer of State Street Digital. Gaur, based in Austin, Texas, will report to Otter. Otter joins State Street from JPMorgan Chase, where he was CTO…
Year: 2022
Apex to acquire Maitland
Apex has announced its planned acquisition of the fund services and third-party ManCo business operations of Maitland International Holdings plc, a South Africa-based fund services provider. Founded in 1976, Maitland provides fund services including administration, transfer agency and ManCo services to 120 investment managers and 25 fund sponsor clients. This client base includes traditional, alternative…
CIBC Mellon partners with FRT
CIBC Mellon has formed a partnership with Financial Recovery Technologies (FRT), a provider of securities class action recovery services to the investment community. Through this collaboration, Canadian institutional investors will be able to subscribe for enhanced governance, recovery, and shareholder litigation solutions from FRT to help them navigate the complexities associated with class action claims…
JTC hires PE/VC specialist
JTC, the C.I.-based provider of institutional and private client services, has appointed Martin Punt as director – fund & corporate services. Based in London, Punt will build JTC’s intermediary relationships and develop its overall private equity and venture capital offering, with a particular focus on the firm’s UK and Channel Islands proposition. He will also…
Ocorian adds to U.S. bus dev team
Ocorian, the C.I.-based administrator, has appointed Ashish Prabhakar as head of business development and capital markets for the Americas. Based in New York, Prabhakar will report to Simon Behan, chief commercial officer. He was previously at HSBC.
IQ-EQ rebrands French businesses
IQ-EQ, the Luxembourg-based investor services provider, has rebranded two of its French businesses, Peru & Partners and Conseil Expertise & Synthèse (CE&S), as IQ-EQ. Equitis, the fiduciary services provider, will retain its brand. IQ-EQ in France has over 100 staff.
State Street partners with Paxos in T+0 pilot
Paxos, the regulated blockchain infrastructure platform, has partnered with State Street to integrate State Street’s custody services into the Paxos Settlement Service. As part of the pilot, State Street was able to simulate the settlement and custody of shares on the Paxos platform and asset movements more efficiently. State Street was able to send settlement…
Northern Trust hires senior insurance banker
Mauricio Sandoval has joined Northern Trust as a senior sales representative focused on the insurance sector. He previously spent 23 years at BNY Mellon, most recently as a senior relationship manager in the banks, broker dealers and insurance group. He is based in New York.
Citi makes European management changes
Citi has announced some senior management changes in Europe: Alex Todd has been appointed head of securities services for Europe. He will report to Maria Cantillon, EMEA head of securities services sales, Kristen Braden, and Bryan Murphy, global head of bank sales. He will continue in his role as EMEA head of bank sales. He…
Stonegate hires MD for digital assets group
Stonegate Global has hired Skyler Steinke as managing director – digital assets group. Stonegate Global is a U.S.-based provider of fund administration, global advisory and fund structuring services for crypto funds, hedge funds, venture capital funds, real estate funds and private equity funds. Stonegate Global specialises in servicing DeFi crypto funds involved in staking, yield…