Northern Trust has appointed Benze Lam as the head of its Hong Kong office, a newly created position. Based in Hong Kong, Lam will retain his position as Head of Asia, ex Japan, for Northern Trust’s asset management business in the region, and report to John McCareins, head of Northern Trust Asset Management for EMEA…
Richard
Pirum and Kingfield connect
Pirum, the UK-based fintech specialising in securities finance, and Kingfield, an exceptions processing fintech, have collaborated to develop connectivity to assist clients in fully automating income claims. With this new connectivity, mutual clients using Kingfield’s solutions can leverage Pirum’s CoacsConnect service, linking to all their trading counterparties. This allows matching, reconciliations, and automation of the…
SG-FORGE obtains DASP status
Société Générale – FORGE, a subsidiary of the Société Générale Group dedicated to crypto assets activities, has obtained regulatory approval as a Digital Asset Service Provider (DASP), or Prestataire de Service sur Actifs Numériques (PSAN), with the Autorité des Marchés Financiers (AMF). The move anticipates the implementation of the European MiCA regulation, which aims to…
BNPP appoints new head of IADS
BNP Paribas’ securities services business has appointed Remi Toucheboeuf as head of investment analytics & data solutions (IADS). He moves up from his role as head of investment analytics, and replaces Neil Ryan, who recently joined Finbourne.
Ardian appoints CACEIS for new fund
Ardian, the France-based private equity manager, and Eight Advisory, a specialist financial advisory firm, have appointed CACEIS to provide custodian and registrar services for the Booster Fund, launched in March this year. With an initial size of EUR1m (USD680K), the Booster Fund supports female entrepreneurs aged over 45.
Gen II expands in Denver
Gen II Fund Services, the U.S.-based private capital fund administrator with USD900bn AuA, has move to a new Denver office. Gen II plans a significant expansion of its workforce in the Denver area. The new office will be the site of Gen II’s global training centre of excellence.
Alter Domus promotes Summonte
Alter Domus has appointed Angela Summonte as group director, key accounts, based in Luxembourg. Summonte joined Alter Domus in 2021 from BNP Paribas.
Broadridge appoints new international CEO
Broadridge Financial Solutions, the U.S.-based fintech provider, has appointed Mike Sleightholme as president of Broadridge International, based in London. Sleightholme joined Broadridge in 2022 as president of its asset management solutions business. He previously spent five years at SS&C Technologies where he was CEO and general manager of its DST Systems business. Prior to SS&C,…
Sidra expands Apex relationship
Sidra Capital has expanded its relationship with Apex, which will now provide fund administration, directorship and corporate secretarial solutions. Saudi-based Sidra Capital is a Shari’ah compliant asset manager, licensed by the Saudi Capital Market Authority, that focuses on income generating real estate and private finance strategies. Sidra has partnered with Apex as its preferred service…
IQ-EQ appoints France CEO
IQ-EQ, the Luxembourg-based investor services provider, has appointed Bertrand d’Anselme as the new CEO of IQ-EQ France. He joins from BNP Paribas, where he was most recently head of listed and OTC derivatives clearing services, Asia Pacific, based in Singapore.