BBH has partnered with Euroclear to provide SWIFT message transformation and network connectivity for its new bilateral repo service. To effectively communicate with custodians across inter-dealer markets, Euroclear is deploying BBH Infomediary Data Solutions, a set of data management capabilities that help financial institutions overcome their operating model challenges across their network of providers. The…
Year: 2025
BNPP partners with Broadridge
BNP Paribas’ securities services business has partnered with Broadridge to expand its global custody services, appointing Broadridge as service provider for its global securities class action services.
PACT selects LemonEdge
PACT Capital, an independent GP stakes firm for middle-market fund managers, has selected LemonEdge, the fund accounting solution for private markets funds, to anchor its back-office operations. Headquartered in New York, PACT leverages advanced technology, including its proprietary imPACT platform, to assist fund managers in improving internal operations as well as outcomes for underlying portfolio…
NPS goes live on Aladdin
NPS, the Korean pension system, has gone live on BlackRock‘s Aladdin platform, integrating State Street‘s and BNY’s middle office and investment operations services for equity and fixed income assets respectively.
Alchemy expands with NTRS
Alchemy Partners is expanding its relationship with Northern Trust to deliver asset servicing solutions for its latest special opportunities fund, Alchemy Special Opportunities Fund V L.P. (ASOF V). ASOF V surpassed Alchemy’s fundraising target, securing total commitments of c. EUR1bn (c. USD1.03bn). Based in London, Alchemy is a private equity firm specialising in investing in…
Vistra links to 1776ing
Vistra, the Asia-based administrator, has partnered with 1776ing, a fintech platform for alternative investments, to streamline investor data transfer through direct digital connectivity. The integration with 1776ing will enable Vistra to deliver a fully digitised subscription process for alternative investments. The result will be an instant, complete and active investment record in Vistra’s transfer agent…
IQ-EQ launches MO service in Europe
IQ-EQ has expanded its middle office service offering into Europe, leveraging its U.S. experience. Paul Griffith, chief commercial officer for Ireland, will oversee the implementation of this offering across Europe and the UK.
GW&K selects BNY
GW&K, a Boston based institutional asset manager and wealth advisor, has selected·BNY’s accounting and performance platform, including a ledger, and a reconciliation workflow, automation, and reporting framework. The software will be integrated with GW&K’s trade order management and data platforms.
Hazeltree appoints new CEO
Hazeltree, a provider of treasury and liquidity management solutions, has appointed Lokesh Seth as CEO, following the recent departure of Stephanie Miller. Hazeltree also made additional leadership appointments: Douglas Trafelet has joined as chief commercial officer, whilst Kyri Yiannakis has been promoted to chief client officer.
HUB wins new mandate
HUB, the fund services provider in which State Street has a stake, has been appointed by Gresham House Ireland to provide HUB Performance Reporting, a SaaS solution designed to automate and simplify performance reporting and factsheet production. Gresham House Ireland, an alternative asset manager, will use HUB to automate performance reporting, standardise factsheet generation, and…