METACO, the Switzerland-based provider of digital asset custody and orchestration technology, has partnered with DekaBank, the provider of securities services and capital market solutions to the German Savings Banks Finance Group (Sparkassen-Finanzgruppe). With AuM of >EUR360bn, DekaBank is a provider of securities services in Germany, providing a range of services including custody, asset management and…
Richard
EDB appointed by Arab Bank
Arab Bank (Switzerland) Ltd. has appointed European Depositary Bank, the Luxembourg-headquartered provider of banking, depositary and custody solutions, for the provision of digital banking services. EDB has been selected to provide digital banking services for 32 bank accounts for 14 special purpose vehicles as part of ABS’ EUR400m pan-European real estate strategy. EDB is owned…
Swabey joins fundcraft
Henning Swabey has joined fundcraft, the regulatory and administrative provider to private equity, venture capital, funds of funds and feeder funds, as head of growth. He was previously at Calastone.
Paralel launches in U.S.
Paralel Technologies, a U.S.-based administrator, has launched its full-service platform for registered fund servicing. Paralel, along with its wholly owned subsidiaries Paralel Advisors and Paralel Distributors, provide fund administration, fund accounting, transfer agency, distribution and advisory services.
Zodia adds to BD team
Suren Ravindra has joined Zodia Custody as a business development manager, based in the UK. He was previously at Digivault.
Copper hires Hammond as chair
Copper.co, the UK-based digital assets services provider, has appointed Philip Hammond, a former chancellor of the exchequer, as chair.
Crestbridge hires MLCO
Crestbridge, the C.I.-based administrator, has appointed Marie Morris as director, money laundering compliance officer. She will lead the financial crime compliance team in Jersey and act as the MLCO. Morris has over 25 years of experience in the finance industry. Prior to joining Crestbridge she was MLRO at a global bank.
State Street upgrades with AWC & Microsoft
State Street has engaged Amazon Web Services (AWS) and Microsoft as strategic providers of cloud and infrastructure solutions, as part of its multi-year technology transformation process. State Street is consolidating its current network of segregated data center facilities to a data center footprint with fit-for-purpose designed and managed facilities.
Capital appoints SS&C
Capital Group has appointed SS&C to provide transfer agency services for its recently launched UK OEIC, the Capital Group U.K. – Global High Income Opportunities Fund. Capital Group has AuM of >USD2.1trn. SS&C is a transfer agent to Capital Group in the U.S.
Fenergo signs Citco
Citco has signed a deal with Fenergo, the client lifecycle management specialist. Citco selected Fenergo’s CLM software as a SaaS platform to deliver end-to-end client journeys through front-to-back-office integrations with AML screening providers, and centralised document management. Citco, which claims to have USD1.8trn AuA, provides services for hedge funds, private equity, and real estate funds.