SimCorp, a provider of SaaS investment management solutions, will support StonePine Asset Management with front-to-back-office investment processing. The agreement enables StonePine to run all aspects of the portfolio management, trading, and compliance process on the same platform as the post-trade operational activities (reconciliation, corporate actions, trade lifecycle management, etc.) which will be supported by SimCorp…
Richard
IQ-EQ supports maiden Sana Capital fund
IQ-EQ, the Luxembourg-based investor services provider, is supporting Sana Capital with the launch of its maiden fund. Sana Capital is a new, female-led investment fund supporting innovation in science and technology that will drive positive change. The firm has signed up to the IQ-EQ Launchpad programme, specifically tailored for female first-time fund managers. Sana Capital…
Cowen Digital to deploy SS&C Eze
Cowen Digital, Cowen Inc.‘s digital asset division, will deploy SS&C Eze‘s institutional OEMS platform to support its clients’ digital asset trading requirements. SS&C Eze’s institutional digital asset trading platform provides broker-agnostic access to institutional liquidity across the market. It also provides market data covering 100+ tokens and 500+ pairs from more than 35 sources, enabling…
Apex hires product transformation manager
Ken McCarney has joined Apex as product transformation manager, based in Dublin. He was previously CEO of Epoch Alpha Partners, and also spent almost 12 years at MUFG Investor Services, latterly as CEO in Ireland.
Intertrust hires deputy head of depositary in Lux
Cinzia Ereddia has joined Intertrust in Luxembourg as deputy head of depositary. She was previously at Apex-owned European Depositary Bank.
Challenger & SimCorp to launch new business in Australia
Challenger, an Australian investment management firm, and SimCorp, a provider of SaaS investment management solutions, have signed a non-binding memorandum of understanding in relation to a strategic partnership to launch a new stand-alone company. The business will provide investment administration services to Challenger, Fidante Partners and third-party clients. As part of the agreement, Challenger will…
CFT ETF platform links issuers with service providers
Consortio Funds Trust, a start-up platform, has assembled a group of leading service providers from across the ETF industry. The providers aim to help create and grow ETFs, providing an integrated, cost-effective, and turnkey solution to support ETF sponsors in planning, launching, operating, and growing their exchange-traded products. CFT is designed to be a collaborative…
Mark England to run Citi’s ANZ securities services business
Citi has appointed Mark England as head of securities services for Australia and New Zealand. He replaces Martin Carpenter, who retires after 13 years in the role. England, who is currently based in Hong Kong as head of custody & fund services sales for Asia Pacific, will relocate to Australia. He will retain his existing…
Crestbridge restructures in Bahrain
Crestbridge, the C.I.-based administrator, has restructured its Bahrain business, separating its trustee and fund administration businesses: Crestbridge Bahrain BSC and Crestbridge Funds Services W.L.L. respectively. Crestbridge has been granted a new fund administration licence by the Central Bank of Bahrain to continue its fund administration operation. Crestbridge has administered funds and provided administration and operational…
Ocorian hires BD director for Newgate
Ocorian, the C.I.-based provider of fund administration, corporate and fiduciary services, has appointed London-based Ricky Popat as business development director, regulatory, compliance & legal. He will work with Newgate, Ocorian’s regulatory services arm, as part of the group’s commercial function led by Simon Behan, chief commercial officer. Popat joins from Quantifi.