SDX Web3 Services, SIX Digital Exchange’s Web3 unit, has formed a partnership with Fireblocks, the digital asset and crypto technology platform, to provide financial institutions and institutional investors with a set of infrastructure services for the distributed economy. Initially, this partnership will focus on delivering an institutional custody solution for digital assets, providing a transition…
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EFA opens in Stockholm
EFA, the Luxembourg-based administrator with >EUR160bn (USD167bn) AuA, has opened a Nordic office, based in Stockholm. Having serviced Nordic asset managers for over 15 years, EFA sees this as the next step on its path to become the leading investor services platform in the Nordics. EFA has 450 employees in Luxembourg and Paris. Pending regulatory…
GemCap hires for compliance
GemCap, the Ireland-based ManCo, has appointed Emily Gallagher as compliance associate, working alongside Brian Ormonde Murphy, head of compliance. She joins from Accenture.
TMF acquires in UAE
TMF Group, a Netherlands-based provider of compliance and administrative services, has acquired Etive Consulting, a UAE-based company providing compliance advisory, governance support, and AML services, among others. The company serves start-ups and large international companies in Abu Dhabi and Dubai. As a result of the deal, eleven employees will join TMF UAE. Katrina Bradley, who…
Encore expands relationship with Apex
Apex has been appointed by Encore Capital Management to provide fund administration, investor reporting and tax services. Encore is a U.S.-based real estate developer, operator, and institutional investment management firm, with >USD2bn AuM. Encore has been a longstanding tax compliance and structuring client of FTS, a tax services provider, in which Apex took a majority…
SG-FORGE partners with METACO
Société Générale – FORGE (SG – FORGE), a subsidiary of Société Générale, which provides issuers and investors with end-to-end services to issue, invest and manage digital-native security tokens registered on public blockchains, has selected METACO, the Swiss-based provider of digital asset management technology and infrastructure, to orchestrate its digital asset custody operations. The partnership enables…
Ultimus launches latest version of uANALYZE
Ultimus Fund Solutions, a U.S.-based provider of fund administration, accounting, and investor solutions, has launched the latest version of uANALYZE. As part of Ultimus’ proprietary uSUITE technology, the latest version of uANALYZE enables additional portfolio performance and analytics reporting, enabling clients to run a broad set of portfolio analysis including shock analysis and performance attribution.
Fenergo launches ESG compliance service
Fenergo, the European-based provider of digital solutions for KYC and client lifecycle management (CLM), has launched a solution to enable financial institutions to reduce regulatory and reputational risk and streamline operations for ESG compliance. This allows firms to automatically calculate climate, reputational and complementary ESG risks and efficiently fulfill regulatory obligations, including Sustainable Finance Disclosure…
BP2S appoints client chief for SE Asia
BNP Paribas has appointed Jen-Thai Ewe as head of client development for securities services in Southeast Asia. Based in Singapore, he is responsible for securities services sales, client relationship management and client services across Southeast Asia. He was previously head of client management – securities services, ASEAN, at HSBC, and also worked at State Street…
Citi signs with Saphyre
Citi’s securities services business has become the latest to sign up to use Saphyre, a fintech company using AI technology, to manage new account openings and maintenance. Saphyre’s platform provides Citi with an additional option to parallel its existing account management solution and can provide the benefit of substantially automating and expediting client onboarding.