BNY Mellon has participated in a Series F financing round for Chainalysis, the blockchain data platform, which has raised USD170m, bringing its valuation to USD8.6bn. Chainalysis provides data, software, services, and research to government agencies, exchanges, financial institutions, and insurance and cybersecurity companies in over 70 countries. The data powers investigation, compliance, and market intelligence…
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TMF appoints head of product innovation for fund services
TMF Group, the Netherlands-based corporate and fund services provider, has appointed Kwame Lewis as head of product innovation, fund services. He is based in Boston. He was previously co-head of fund services for North America.
Matt Haynes takes new role at IQ-EQ
IQ-EQ has appointed Matt Haynes as global head of business intermediaries & partners. Haynes spent eight years as group business development director. In his new role, he will lead a number of strategic relationships and a group-wide strategy to build upon the relationships IQ-EQ has with business partners and intermediaries globally. He will report directly…
CIBC Mellon wins 10-year mandate from CAAT
CIBC Mellon has been awarded a 10-year mandate to provide asset servicing and digital solutions to Colleges of Applied Arts and Technology Pension Plan (CAAT) and its DBplus offering. CIBC Mellon and its partners, CIBC and BNY Mellon, will provide investment and pension servicing solutions to CAAT, including custody, accounting, securities lending, foreign exchange processing…
Northern Trust partners with Enfusion, Fenergo
Northern Trust has announced two fintech collaborations. First, it has established a relationship with Enfusion, a U.S.-based provider of cloud-native investment management software and services, to provide portfolio management, order and execution management system, and analytics capabilities to mutual clients. Through this collaboration, Enfusion and Northern Trust will offer asset manager, hedge fund and internally…
J.P. Morgan launches data platform
J.P. Morgan’s securities services business has launched Fusion, a data platform that delivers end-to-end data management and reporting solutions for institutional investors. Fusion will allow clients to integrate and combine data from multiple sources into a single data model that delivers the benefits of scale and reduced costs, along with the ability to more easily…
MUFG appoints head of new Cyprus office
MUFG Investor Services has appointed Yannis Matsis as managing director and head of the Cyprus office, the firm’s new operational centre located in Limassol, Cyprus. Matsis will be responsible for oversight of the firm’s local asset servicing footprint, growth within the local Cypriot market, and business expansion activities in Europe and the Middle East. Matsis…
Aztec supports new Advent tech fund
Aztec, the C.I.-based administrator, has supported longstanding client, Advent International, with the fundraising activities and final close of its second dedicated technology fund, Advent Global Technology II. The fund exceeded its USD3bn target by 33pct. Advent Tech II is double the size of its predecessor, Advent Tech. Aztec assisted with investor onboarding and will continue…
IQ-EQ hires head of depositary
IQ-EQ has appointed Thomas Korteweg as head of depositary. He is based in the Netherlands. Korteweg joins from CACEIS.
Equity Trustees appoints NED for UK ACD business
Tim Callaghan has been appointed as an independent non-executive director to the board of the Equity Trustees independent authorised corporate director business in the UK. Equity Trustees Fund Services provides independent fund governance, risk and compliance, product development and regulatory reporting services to investment managers, from locations in Melbourne, Sydney, London and Dublin. Callaghan was…