SGSS has appointed Gaelle Duclos as deputy head, based in Paris. She was previously global head of banking and fund services operations.
Year: 2025
Pirum hires for U.S. expansion
Pirum, the UK-based technology provider for securities finance automation and collateral management, has hired Reid Cheyne as director of fixed income sales, Americas. Following RepoConnect’s success, he will lead on accelerating Pirum’s expansion in the U.S. and wider North America’s fixed income industry. He was most recently at Citi, where he moved from directing fixed…
SEI hires seniors for Lux
SEI has appointed three leaders in Luxembourg, reporting to Ian MacWilliams, managing director of SEI’s Luxembourg office. Claire Matteucci serves as head of depositary, overseeing depositary services, which SEI recently launched in Luxembourg. Matteucci most recently was head of depositary for Standish Management Luxembourg, Manuel Martin de Rosales is conducting officer, responsible for compliance and…
Apex expands in Vietnam
Apex has raised its commitment to Vietnam, with a new country head and a new country office based in Ho Chi Minh City, Tyler McElhaney will lead a team of corporate and financial services professionals. McElhaney has over 20 years of international experience, having lived in the U.S., China, Singapore, Hong Kong, Qatar and Vietnam.…
Fondaco deploys Canoe solutions
Canoe Intelligence, a platform for “smarter alts management”, has a new client engagement with Fondaco, an independent Italian asset management company with offices in Turin and Luxembourg. Fondaco has implemented Canoe Connect to automate its alternative investment document collection workflow into a centralised location and Canoe Intelligence to systematise its valuation and transaction data extraction…
Clearwater and Enfusion to merge
Clearwater Analytics and Enfusion have entered into a definitive merger agreement for Clearwater to acquire Enfusion, a provider of SaaS solutions for the investment management and hedge fund industry. The purchase price is USD11.25 per share, delivered in an approximately equal mix of cash and stock. Additionally, Clearwater will pay USD30m to terminate Enfusion’s tax…
Maurier wins expanded role
Mathieu Maurier, who has run the SGSS operation in Luxembourg for more than six years, has been rewarded for his highly successful tenure with an expanded role as regional head of Luxembourg, Ireland & Germany.
SC hires top SGSS manager
Laurent Marochini has been appointed as CEO of Standard Chartered’s new entity in Luxembourg, which will act as its EU entry point for the provision of crypto and digital asset custody services to EU clients, following implementation of MiCA regulation. Marochini joins from Société Générale where his last held position was head of innovation.
NT hires for Guernsey
Northern Trust has appointed Nick Leale as MD for its banking operations in Guernsey. He was previously an independent consultant.
NT wins another UK pension fund
South Yorkshire Pensions Authority, a UK local authority with GBP11bn (USD13.5bn) AuM, has appointed Northern Trust as custodian for the South Yorkshire Pension Fund. A factor in this decision was Northern Trust’s existing relationship with the Border to Coast Pensions Partnership.