Alter Domus, the Luxembourg-based provider of integrated solutions to the alternative investment industry, has opened an office in Italy. Christian Iuliano has been named country executive for Italy and will oversee Alter Domus’ initial corporate service offering in addition to its fund services solutions, which will be launched as its operations in Italy grow. Italy…
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Capitolis and State Street launch FX post-trade optimisation
TradeNeXus, a GlobalLink digital platform for FX transactions which is part of State Street’s digital division, has partnered with Capitolis, a fintech focused on capital markets, to launch an automated post-trade solution to optimise portfolios. With this integrated offering, buy-side firms can use TradeNeXus to automate data submission and access Capitolis’ analytics tools to scan…
BNP Paribas promotes Christelle Ybanez
Christelle Ybanez has been appointed head of global relationship management for the securities services business of BNP Paribas. Based in Paris, she is responsible for the global relationship management team servicing its largest securities services’ clients headquartered in France. Ybanez was previously head of asset owners & managers strategy & planning. She has been with…
Taskize leverages APIs for query resolution
Taskize, the Euroclear-owned provider of inter-company workflow solutions to the financial services industry, has launched new functionality to automatically distribute data offered through the APIs of financial institutions to enable faster resolution of operational queries and disputes. With integration to the Taskize ecosystem, firms can realise the value of their existing APIs to service their…
HSBC facilitates first QFI derivatives trades in China
HSBC has facilitated a number of market firsts following China’s progressive opening of its onshore derivative markets to qualified foreign investors (QFIs). On 11 October, HSBC facilitated the first commodities futures trade in the market. The trade was placed by a QFI hedge fund, which has been actively investing in China and using HSBC as…
Franklin Templeton to deploy Saphyre
Franklin Templeton has agreed to use the Saphyre platform for custodial and broker fund onboardings, as well as maintenance. Saphyre is a U.S.-based fintech company using AI technology to solve pre-trade setups and post-trade issues.
IQ-EQ appoints ESG director
IQ-EQ, the Luxembourg-based administrator, has appointed Lyons O’Keeffe to the newly created position of ESG director. He will be responsible for driving forward the next phase of IQ-EQ’s ESG service offering for clients, including enhanced ESG reporting and supporting clients with launching new ESG strategies, particularly across alternative asset classes. He joins from Legal &…
BNY Mellon launches digital asset custody platform
BNY Mellon has gone live with its digital asset custody platform in the U.S. This will enable select clients to hold and transfer bitcoin and ether. BNY Mellon has been working closely with market-leading fintechs and tapped digital asset technology specialists Fireblocks and Chainalysis to integrate their technology to meet the present and future security…
BNP Paribas to support Fineco’s ETF range
BNP Paribas has been selected by Fineco Asset Management (FAM) to provide a full range of banking services for its equities and fixed income ETFs listed on the Italian Stock Exchange. FAM, an Irish UCITS management company wholly owned by Italian bank FinecoBank S.p.A., has entered the ETF market with a range of Ireland-domiciled funds.…
Polar Capital expands relationship with Northern Trust
Northern Trust has been appointed by Polar Capital to provide global custody, depositary, transfer agency, fund accounting and currency management services to the Melchior Selected Trust. Domiciled in Luxembourg, Polar Capital’s Melchior Selected Trust was launched in 2010 and is comprised of the Melchior Absolute Return Fund, European Opportunities Fund and Global Equity Fund. All…