Vistra, the Singapore-based administrator, has appointed Philippe Lanciers as commercial director for Luxembourg. He joins from Arendt Regulatory & Consulting.
Standard Custody adds to board
Standard Custody & Trust Co., the digital asset custodian owned by PolySign, has appointed Matthew Homer to its board of directors. Homer was the inaugural executive deputy superintendent for the research and innovation division at the New York Department of Financial Services (NYDFS), where his responsibilities included cryptocurrency and digital assets.
Deutsche Bank claims first in China
Deutsche Bank claims that it has struck its first local fund custody deal in China with an unnamed client. The mandate is to provide custody services for a Chinese fund management company to facilitate its QDII investment. Deutsche Bank says it acts as both local custodian in China as well as offshore custodian for this…
JTC Americas to support new EB-5 fund
Western Energy Regional Center (WERC) has appointed JTC Americas to provide services to support its second EB-5 offering, Western Energy Opportunities II. Since its inception in 2016, WERC has provided a platform for participants in the U.S. Immigrant Investor Program under the Employment-Based Preference 5 (EB-5) program, with a focus on oil and gas projects.…
Alter Domus opens in Italy
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…
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.