Apex has been appointed by GSR Capital to provide fund administration services. GSR Capital is the investment management arm of the GSR group of companies, a digital asset trading business, which has been operating since 2013. Founded in 2021, GSR Capital leverages GSR’s broader expertise in digital assets, execution and liquidity to research and build…
RBC I&TS appoints global head of T&DS
RBC Investor & Treasury Services has appointed Bob Schaminé as global head, trustee & depositary bank services, based in Luxembourg. He was previously head of client experience for Europe & APAC.
HSBC appoints COO for securities services
HSBC has appointed Gina Slotosch as COO, securities services, based in the UK. This is an internal appointment.
BNY Mellon invests in AccessFintech
AccessFintech, a fintech company specialising in data and workflow collaboration, has completed its USD60m Series C funding round, led by WestCap, its lead investor. Additional investment was secured from BNY Mellon and Bank of America, with further participation from Series B investors Dawn Capital, J.P. Morgan, Goldman Sachs and Citi. The company’s latest funding round…
Allvue partners with IQ-EQ
Allvue Systems, a technology solutions provider for the alternatives sector, has formed an alliance with IQ-EQ to provide back-office servicing to private debt and CLO managers. Through the partnership, Allvue’s clients will have the option to leverage IQ-EQ’s back-office servicing and capital markets advisory offering. Private debt firms and CLO managers that use Allvue’s technology…
Northern Trust appoints global head of network management
Northern Trust has appointed Michael Buzza as global head of network management & market strategy. Buzza, previously EMEA head of market advocacy and innovation research, will oversee the teams dedicated to providing market access and insights across the traditional securities services markets within the digital assets and financial markets group. Over the course of 16…
IQ-EQ appoints new Belgium MD
IQ-EQ has promoted Joannes van de Kimmenade to managing director, Belgium. He was previously market leader for IQ-EQ Belgium. He will develop the local strategy for both organic and inorganic growth targets, as well as providing leadership oversight and day-to-day management.
Copper selects Fenergo for CLM & AML
Fenergo, the Ireland-based provider of KYC and client lifecycle management (CLM) software solutions for financial institutions, has been appointed by Copper.co, a UK-based provider of custody, trading and settlement services for digital assets, to deploy its SaaS-based CLM and AML solution to onboard increasingly complex client ownership structures. Copper’s clients range from institutional asset managers,…
John Ferrara joins BNP Paribas
BNP Paribas’ securities services business has appointed John Ferrara as head of sales and relationship management for the institutional investors client segment in the Americas. Based in New York, he reports to Dennis Bon, head of BNP Paribas Securities Services in the Americas, and Alvaro Camunas, global head of client development for BNP Paribas Securities…
Altum gains new investor
Altum Group, a C.I.-based provider of fund, corporate, and family office solutions with USD27bn AuA, has reached an agreement with Tenzing to take a minority stake in the business. Altum is the sixth investment within Tenzing’s GBP400m Fund II, which started investing in 2021, and is one of twelve high-growth businesses within the Tenzing portfolio.