State Street has appointed Arindam Banerrji as the firm’s country head for India. Based in Bengaluru, Banerrji reports to Lou Maiuri, president, chief operating officer, and head of investment services. He joins State Street from Wells Fargo, where he most recently served as the executive vice president and managing director for its operating centres in…
ZEDRA partners with Cascata
ZEDRA, the European administrator, has partnered in the U.S. with Cascata Solutions, the digital waterfall fund administration software provider. ZEDRA will deploy the Cascata platform for carried interest and fee administration for its private equity, private credit, venture capital and real estate clients.
Equity Trustees wins FIIG mandate
FIIG Securities, an Australia-based fixed income manager, has selected Equity Trustees to be the trustee of its new fund, the FIIG Australian Bond Fund.
Northern Trust wins ADPF mandate
Northern Trust has been appointed by Abu Dhabi Pension Fund (ADPF) to provide services including global custody, alternative asset administration through its Front Office Solutions business, liquidity management, performance and risk analytics, and compliance monitoring. ADPF is a growing pool of sovereign sponsored pension assets in the Middle East. Ali Alqemzi, COO for investment at…
Hazeltree appoints Miller as CEO
Hazeltree, the U.S.-based provider of treasury and liquidity management solutions for the asset management industry, has appointed Stephanie Miller as the company’s president, chief executive officer, and board director. She will take over the CEO role from Tushar Amin, who will be stepping away from his leadership role for personal and family reasons. Miller was…
Zodia appoints CCO
Zodia Custody, the UK-based digital assets custodian, has appointed James Harris as its chief commercial officer. He joins from CCData.
BBH adds to Connectors platform
BBH has added Tourmaline Partners’ execution services to its Connectors platform. Tourmaline offers trading solutions for global equities, derivatives, and ETFs. Connectors brings together a cohort of specialist third-party fintech and service providers. Evan Fire, COO of Pzena Investment Management, said: “This is great news for the industry. BBH and Tourmaline are two first-class organisations…
UBS goes live on DLR
UBS has gone live on Broadridge’s newly launched sponsored repo solution built on the DLT-enabled Distributed Ledger Repo (DLR) platform. Broadridge claims that the platform processes USD1trn in monthly volume.
ULTUMUS onboards VanEck
COSMOS, the create/redeem platform from ETF fintech and data provider, ULTUMUS, has onboarded VanEck, the U.S.-based ETF provider. VanEck is adopting the ULTUMUS COSMOS platform for managing create/redeem orders for its crypto products.
New CEO for RBC IS
Claire Johnson is reportedly joining RBC Investor Services as CEO. She will replace Francis Jackson, who is stepping down from the role following the sale of its remaining international businesses to CACEIS. Johnson is currently president of TSX Trust, part of the TMX Group, and previously spent more than 20 years at CIBC Mellon.