JTC, the C.I.-based professional services business, has agreed to acquire FFP, a Cayman-based provider of specialist fiduciary services to fund, trust and corporate clients. Completion is subject to regulatory approvals. Founded in 2012, FFP provides a range of specialist fiduciary, restructuring, trustee, fund administration and corporate services. Post acquisition, JTC will have an enlarged team…
Year: 2024
Amundi selects Confluence for P&A
Amundi Technology has selected Confluence’s Revolution as its solution of choice for performance analytics and attribution. Confluence Revolution, a comprehensive and flexible analytics and reporting solution, will be integrated into Amundi’s ALTO platforms to provide multi-asset performance analytics and attribution for clients of the technology arm of Amundi, Europe’s largest asset manager. Confluence is a…
Carne acts as ACD for new LTAF
Arcmont Asset Management, the Nuveen-controlled European private debt asset management firm, has received regulatory approval from the UK’s Financial Conduct Authority to launch a long-term asset fund (LTAF), with Carne Global Fund Managers (UK) Ltd as the LTAF’s Authorised Corporate Director.
Engle steps down from BNY
BNY has appointed Leigh-Ann Russell as chief information officer and global head of engineering. She will join the company on September 15, reporting to Robin Vince, president and CEO, and will be a member of the executive committee. Russell joins from bp where she was most recently executive vice president of innovation and engineering. She…
FAB deploys Fenergo CLM solution
Fenergo, the provider of digital solutions for KYC, transaction monitoring and client lifecycle management, has struck a deal with First Abu Dhabi Bank (FAB), the largest bank in the UAE. FAB has integrated Fenergo’s SaaS CLM solution to accelerate client onboarding and enhance its AML compliance processes.
Harris returns to RBC
Jim Harris has returned to RBC Investor Services as associate director, network management risk and control. Harris, who worked for RBC for 23 years, was most recently at BMO, and also ran Soterium, a consultancy. He is based in Toronto.
NAB invests in Zodia
Zodia Custody, the digital asset custodian, has received an investment from NAB Ventures, the venture arm of NAB. Zodia is owned by SC Ventures, in association with Northern Trust.
Oak gets new COO
David Ainger has joined Oak Group, the C.I.-based administrator, as group chief operating officer, based in Guernsey. He was previously with Intertrust.
Langham Hall opens in Tokyo
Langham Hall, the UK-based administrator, has opened an office in Tokyo, which will be led by Shinobu Miyata. Prior to Langham Hall, Miyata spent seven years as COO of a secondary strategy GP, leading fund formation and management in both Cayman Islands and Japan, as well as secondary transactions including several GP-led secondaries. He also…
FINBOURNE raises GBP55m
FINBOURNE Technology, the UK-based fintech, has raised GBP55m (USD70m) in Series B funding. This latest round was led by Highland Europe and AXA Venture Partners and follows a Series A funding round of GBP15m (19m) in 2021. The company will remain majority employee-owned. This investment will fund the next phase in FINBOURNE’s commercial development, including…