SEI has agreed with the Intercontinental Exchange, Inc. (ICE) to leverage ICE ETF Hub, an open architecture platform designed to bring efficiencies to the primary market workflow for ETPs.
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BNY expands digital asset coverage
BNY has expanded its digital asset custody platform for select institutions in the European Union under the MiCA framework. The expansion follows the addition of The Bank of New York Mellon SA/NV, BNY’s European banking entity, to ESMA’s MiCA register in July 2026.
CACEIS and Rothschild expand relationship
CACEIS and Edmond de Rothschild have expanded their relationship in Luxembourg. Under the new agreement, CACEIS will acquire the entirety of Edmond de Rothschild’s third-party asset servicing business in Luxembourg and asset servicing activities for Edmond de Rothschild’s private equity and infrastructure funds. Since 2013, CACEIS has been provided a range of accounting, custody and…
Pirum hires Sanner
Pirum, the UK-based fintech focused on securities finance, has hired Stephan Sanner as a senior sales executive, based in London. He joins from DXB Pump & Power, and has also worked at EquiLend, TMX Group, and NYSE Euronext/SecFinex.
Carne maintains Lux lead
Carne Group has been confirmed by Monterey as Luxembourg’s largest third-party ManCo by AuM in the latest Monterey Insight Luxembourg report, with USD242.4bn in AuM.
UBS transfers to Northern Trust
UBS has reached an agreement to extend its long-standing fund administration relationship with Northern Trust and transfer its fund administration businesses. Under the new agreements, subject to regulatory approvals, UBS’s Swiss and Luxembourg ManCo’s will extend their existing fund administration agreement with Northern Trust to include investment funds that are currently serviced by UBS, which…
KKR to acquire Gen II
KKR has agreed to acquire Gen II Fund Services, LLC, a U.S.-based private capital fund administrator, for a total enterprise value of USD5.1bn. KKR is acquiring Gen II from Hg, General Atlantic and other minority investors through its core private equity strategy. The current leadership team. headed by CEO Steven Millner, will continue to run…
BNPP implements Proxymity solution
BNP Paribas’ securities services business has implemented Proxymity’s Vote Connect Global solution as part of its general meetings services for global custody clients across EMEA and Asia Pacific, directly connecting issuers, intermediaries and investors through a near real-time digital ecosystem.
Waystone appoints UK ACD CEO
James Bowers has been appointed CEO of Waystone’s UK ACD business, while Allan Seldon has joined as MD, client solutions. Waystone’s ACD platform oversees >USD126bn AuM across >225 funds. Bowers succeeds Karl Midl, who will continue in his role as Waystone country head, UK. Bowers joins from Principal Asset Management, Seldon joins from Tutman Fund…
Zedra appoints Asia head of fund services
Zedra has appointed Koh Pi Hann as head of fund services in Asia. He has worked at BNY, HSBC, Apex, and most recently worked at a Singapore-licensed fund management firm. He is based in Singapore,