The Sacramento County Employees’ Retirement System (SCERS) has selected Northern Trust to provide a range of asset servicing and outsourced solutions, including global custody, securities lending, and accounting services. SCERS, a USD15bn multiple employer public retirement system established in 1941, serves eligible public employees of Sacramento County. Northern Trust will deliver integrated financial reporting and…
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Triodos partners with CACEIS
Triodos Investment Management has selected CACEIS as administrator for its Dutch Article 9 fund range, building on the existing relationship across other fund ranges. CACEIS will provide custody, depositary and fund administration services, along with a range of reporting and additional fund-related services. CACEIS is supporting sustainable finance through a special initiative for sustainability-focused funds…
NTRS expands with Saphyre
Northern Trust has expanded its capabilities to support structured, rules-based workflows across the entire account lifecycle for investment operations outsourcing (IOO) clients. The enhanced offering builds on Northern Trust’s collaboration with Saphyre, a fintech company that facilitates account transitions to help clients more efficiently manage their complex middle-office operational events. The solution allows Northern Trust’s…
CIBCM signs with Appian
CIBC Mellon has established a universal enterprise master licence with Appian, a fintech that provides process automation technology, to support AI-powered process automation and product development.
Weitz expands with BBH
BBH has been appointed by Weitz Investment Management, a U.S.-based manager, as custodian for its mutual fund line-up. This expands an existing relationship which started with ETF servicing.
Broadridge & Digital Asset invest in HQLAx
Broadridge and Digital Asset have made minority investments in HQLAX, a provider of digital collateral mobility solutions, through its Series C‑1 funding round. The investment will support HQLAX’s next phase of growth, including the continued evolution of its technology platform, collaboration with Broadridge’s Distributed Ledger Repo platform, and a planned migration to the Canton Network.
Aztec confirms head of real assets
Aztec Group, the C.I.-based provider of private markets services, has confirmed Richard Anthony as global head of real assets. He was previously interim head of real assets, having been with Aztec for 13 years.
Alchelyst adds senior managers
Alchelyst, the Ireland-based investor solutions and infrastructure partner for private markets asset managers, has appointed three managers to its leadership team: Jeff Dorigan, MD, head of U.S. sales, spent eight years at Brown Brothers Harriman. Karl McDonald, MD, transformation, was previously global head of hedge fund operations at BNY. Sinéad O’Sullivan, MD, investor solutions, was…
SG-FORGE appoints chief business officer
Gildas Le Treut has been appointed chief business officer for SG-FORGE, the digital assets service provider that is wholly owned by Société Générale. Le Treut has spent eight years at SGSS, most recently as a member of the ExCo and co-head of coverage, marketing & solutions, based in Paris.
NTRS integrates with Canton Network
Northern Trust has entered into an agreement with Digital Asset Holdings to support the development of custody capabilities for tokenised financial assets. As part of this agreement, Northern Trust will integrate with Canton Network’s infrastructure to develop and deploy applications that bridge digital and traditional markets, supporting institutional grade custody and asset servicing workflows for…