Year: 2024

After more than five years at BNY Mellon, most recently as global head of securities services, Roman Regelman has decided to leave the firm to pursue other career opportunities. Regelman was drafted into BNY Mellon by Charlie Scharf, then CEO, to oversee digital transformation of the bank, but it was soon clear that his talents went far beyond…

Alter Domus, the Luxembourg-based provider of fund administration, private debt, and corporate services for the alternative investment industry, has secured new investment from Cinven, a private equity firm. The transaction gives Alter Domus an enterprise value of EUR4.9bn (USD5.3bn). The founders of Alter Domus and Permira, the existing PE investor, will continue to be significant…

Altum Group, the C.I.-based financial services provider, has completed its acquisition of Link Fund Solutions (Luxembourg) S.A. (Link Luxembourg), following full regulatory approvals. Link Luxembourg is a provider of AIFM and third-party ManCo services. Following the close, Link Luxembourg will soon be rebranded to Altum Management Company (Luxembourg) S.A. and will operate as a subsidiary…

After a 10-month sabbatical, Ally Kyle has emerged at Broadridge Financial Solutions as director, ICS international account management. Kyle spent 10 years at HSBC, most recently as head of account management in Europe for asset owners and managers. ICS is Broadridge’s investor communications business.

Royal London Asset Management, a UK fund management company with GBP153bn (USD194bn) AuM, has adopted BlackRock’s Aladdin technology platform, which HSBC will leverage to manage RLAM’s middle office. RLAM’s assets are currently serviced by HSBC’s securities services business, and will now be supported by Aladdin. HSBC has provided RLAM with global custody and middle-office services…

CGS International Securities Pte. Ltd, an Asia-based financial services provider which is ultimately owned by China Galaxy Securities, has implemented Broadridge’s securities finance and collateral management (SFCM) platform. The single platform will enable CGS International to minimise costs via automation, as well as simplifying workflows and exception-based processes.

Clearwater Analytics, a U.S.-based provider of SaaS-based investment management, accounting, reporting, and analytics solutions, has appointed Mike Chen as head of corporate development. Reporting to Shane Akeroyd, chief strategy officer, he will be responsible for driving inorganic strategic initiatives. He was previously head of corporate development and ventures at Guidewire Software.