Ogier Global, Ogier‘s corporate, fiduciary and fund administration services division, has hired David Fowler as European head of fund administration. He is based in the UK. Fowler was previously at Apex.
Richard
Amundi Technology wins EUR23bn mandate
Rail & OV, the Dutch rail and public transport pension fund, has signed an agreement with Amundi to deploy its ALTO investment platform. Rail & OV will leverage the platform to manage direct assets and consolidate delegated assets representing approximately EUR23bn (USD25bn) AuM. In a fully integrated model, Rail & OV will be serviced by…
DB expands Shariah offering in Asia
Deutsche Bank has partnered with CIMB, a Malaysian bank, to provide Shariah custody to clients in Malaysia. In addition, the bank has been appointed by CIMB to support its foreign custody services. Deutsche Bank has also launched new Shariah-compliant custody capabilities in Singapore.
Industry mavens launch Alchelyst
A trio of industry veterans has launched a new administration service in Ireland. Alchelyst – which expects approval from the Central Bank of Ireland imminently – will focus on the alternatives sector, where the principals each have extensive experience. Joan Kehoe is CEO, Ian Lynch is chief commercial officer, and Brian Fitzgerald is COO. All…
Mahler joins BBH
Tania Mahler has joined BBH as head of business development for Europe, based in London. Mahler was previously at HSBC in the private assets business, and has also worked at BNP Paribas.
CLST and Copper build tri-party collateral management platform
CLST, an institutional lending and borrowing platform, has partnered with Copper, the UK-based institutional digital asset infrastructure provider, to develop Copper Pledge, a tri-party collateral management solution for digital asset markets. This partnership provides digital asset lenders with tools for optimising and de-risking their portfolios. Loans originated on CLST markets will be connected via APIs…
BBVA transitions to Metaco
BBVA Switzerland has signed an agreement with Metaco, the Switzerland-based digital asset infrastructure provider, to host its digital asset custody service on its Harmonize platform. In 2021, BBVA launched a Bitcoin trading and custody service. This was later expanded to include Ether. The bank has now migrated its custody service to Harmonize, which offers greater…
Northern hires global head of collateral
Northern Trust has appointed Barney Binder as global head of collateral. Based in London, he reports to Nadia Ivanova, head of business services for the asset servicing business. Binder joins from HSBC, and has also worked at Morgan Stanley.
Citi appoints new FX head
Citi has appointed Diana Shapiro as global head of FX for its securities services business, based in New York. She was previously head of FX & collateral services for North & Latin America.
IQ-EQ promotes Giannone
David Giannone, who joined IQ-EQ in New York as business development director earlier this year from RBC, has been promoted to chief commercial officer, Americas.