HSBC has appointed Alistair Bentivoglio as head of global product delivery for securities services. This role brings together the direct custody & clearing and investor services delivery functions. He joined HSBC’s securities services strategy team in 2020 from BNY Mellon. He reports to Sébastien Danloy, interim global head of securities services, and will join the…
BNP Paribas makes senior appointment for ANZ
BNP Paribas has appointed Philippe Kerdoncuff as head of the asset managers & asset owners client line for Australia & New Zealand. He was most recently head of China for the securities services business. This follows the recent appointment of Daniel Cheever as head of securities services for Australia & New Zealand.
Zodia appoints new CEO
Zodia Custody, the UK-based crypto custody service from Standard Chartered in association with Northern Trust, has appointed Julian Sawyer as its new chief executive. Sawyer takes over from Maxime de Guillebon, who was seconded from Standard Chartered’s innovation unit, SC Ventures, in 2020. Sawyer was most recently CEO of Bitstamp, a crypto exchange.
Enfusion confirms CEO
Enfusion, a provider of cloud-native SaaS solutions for investment managers, has confirmed Oleg Movchan as CEO. Movchan has been serving as interim CEO since August 2022. He has been an Enfusion investor and board member for more than ten years.
Swift appoints regional CEO
Swift, the financial telecommunications network, has appointed Stephen Grainger as chief executive for the Americas & UK regions. Grainger was most recently at Mastercard, leading the development and commercialisation of its global cross-border services business, servicing banks, digital platforms and non-bank financial institutions. Grainger previously served in senior business development roles at Swift, and has…
KAR appoints Apex for Australian fund
Kayne Anderson Rudnick, a U.S.-based manager, has appointed Apex Group to service its Australian fund. KAR has >USD45bn AuM, offering a variety of actively managed equity and fixed-income strategies to institutional, broker-dealer and high-net-worth clients. Apex will provide fund administration, custody and transfer agency services to the Kayne Anderson Rudnick Global Small Cap Fund.
STP acquires WealthSite
STP Investment Services, a U.S.-based fund administrator that was acquired by Lovell Minnick earlier this year, has acquired WealthSite, a firm that provides an accounting, portfolio management, reporting and analytics platform to single and multi-family offices, traditional wealth advisory firms and money managers serving UNHW clients. The acquisition brings STP’s total AuA to >USD400bn.
VIAM appoints Apex for new credit fund
Apex has been appointed by VI Asset Management to provide fund administration services for its inaugural evergreen Asia private credit fund. VIAM has >USD11bn AuM across multiple asset classes and business centres in Hong Kong, Singapore, and South Korea. The VI Asia Private Credit Fund LP will provide financing solutions to Asian SMEs that are…
Canoe partners with SimCorp
Canoe Intelligence, a fintech specialising in alternative investment intelligence, has struck a partnership with SimCorp, the provider of SaaS investment management solutions. The collaboration aims to accelerate the speed and accuracy with which SimCorp clients can automate key operational processes, including document collection, data extraction, and data delivery for additional analysis and reporting.
LeadingMile partners with Allvue
LeadingMile Consulting, a European consultancy firm specialising in solution implementation for the alternative investment sector, has formed a partnership with Allvue Systems, the alternative investment technology solutions provider.