BondBloxx Investment Management Corporation, which claims to be the first ETF issuer focused solely on the needs of fixed income investors, has appointed BBH to provide custody, administration, accounting, and transfer agency for BondBloxx’s upcoming initial product launch.
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Citi links to Bloomberg’s BSKT
Citi and Bloomberg have integrated Bloomberg’s BSKT service with Citi’s proprietary ACES ETF platform to better support Citi’s ETF clients who use BSKT to negotiate fixed income baskets. BSKT is a primary market solution for negotiation, ticketing and routing ETF creation and redemption transactions. ACES features a suite of workflow tools that fully automate the…
Tokeny partners with Inveniam
Tokeny, the Luxembourg-based tokenisation platform that is backed by Euronext., has formed a partnership with Inveniam Capital Partners, Inc., a U.S.-based SaaS company delivering trust, transparency and completeness of data to private market assets. The partnership includes a EUR5m (USD5.7m) investment by Inveniam, Apex, and K20 Fund. The partnership aims to fully unlock asset liquidity…
Kevin O’Neill joins Napier as CRO
Napier, the UK-based provider of an AI-enhanced AML and financial crime platform, has hired Kevin O’Neill as chief revenue officer. O’Neill comes to Napier from Fenergo, the client onboarding specialist, having served as global head, asset management and asset servicing, and head of EMEA sales. He has also held senior positions at BNY Mellon and…
Apex hires U.S. Bank veteran for senior BD role in Ireland
Apex has appointed Barry O’Brien as senior director, business development. Based in Apex’s Dublin office, he reports to John Bohan, co-founder and country head business development (Ireland), whom he will be working with to drive the firm’s growth in Ireland. O’Brien joins Apex from U.S. Bank Global Fund Services where he was most recently director,…
Framework rebrands as daappa
Framework, the private equity platform provider, has rebranded as daappa (pronounced “dapper”), which stands for data, accounting and administration platform for private assets.
Apex plans NZ entry through acquisition
Apex Group plans to acquire MMC, a New Zealand-based provider of investment administration services. The transaction is subject to customary conditions, including regulatory approvals expected to be granted in early 2022. MMC has provided full outsourced investment administration services to the New Zealand investment management community since 2005. During this time, MMC has grown to…
Citi China links to BSE
Citi China has established a clearing and settlement solution with China Securities Depository and Clearing Corp. Ltd. (CSDCC) Beijing Branch to support clearing and settlement activities for the new Beijing Stock Exchange and the National Equities Exchange and Quotation Co., Ltd (NEEQ). This makes Citi one of the first international banks to do so for…
AssetMetrix hires in Lux
AssetMetrix, the Germany-based alternatives specialist in which BNP Paribas has a strategic stake, has hired Margot Ripoll as a business development associate in Luxembourg. She previously worked as a credit analyst at investment bank Bpifrance.
Waystone to buy UK ACD provider
Waystone, a provider of specialist services to the asset management sector, has entered into an agreement with T. Bailey Holdings Limited to acquire T. Bailey Fund Services (TBFS), which will strengthen its presence in the UK Authorised Corporate Director (ACD) market. TBFS is an independent, fully-hosted ACD and fund administration service provider to the UK…