BNY Mellon and Amundi have agreed to a transatlantic alliance that links BNY Mellon’s OMNI platform with Amundi’s ALTO* (Amundi Leading Technology and Operations) portfolio management system. This alliance aims to deliver an automated and simplified workflow throughout the investment cycle of securities held in portfolios, to prioritise consistency of data between the portfolio and…
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BNP Paribas expands IM services to APAC
BNP Paribas Securities Services is expanding its collateral management services in APAC to help firms in the region manage initial margin requirements arising from their non-cleared OTC derivatives positions.
Alter Domus buys Strata Fund Solutions to add USD140bn AuA
Alter Domus, the Luxembourg-based provider of fund administration, debt capital markets and corporate services has acquired Strata Fund Solutions LLC, a U.S.-based fund administrator serving U.S. private equity and venture capital funds. Strata has nearly USD140bn AuA with 200 employees. FTV Capital led a significant growth equity investment in Strata in 2018, with participation from…
Carne Group secures EUR100m investment from Vitruvian
Carne Group, the European provider of ManCo and fund governance services, has secured a EUR100m investment from Vitruvian Partners, a UK-based investor.
Christopher Morley joins MUFG to run sec lending in Lux
Christopher Morley has joined MUFG to run the global securities lending group in Luxembourg. He was previously with Deutsche Bank.
IQ-EQ launches ESG compliance platform
IQ-EQ has launched IQ-EQ Compass, a service that aims to simplify ESG compliance. The platform supports multiple ESG reporting frameworks, including PRI and the World Economic Forum’s ESG metrics, allowing asset managers and investors to compare their performance against globally accepted benchmarks.
LiquidShare hires Jean-Marc Eyssautier as CEO
LiquidShare, the fintech co-founded by major European financial institutions in 2017 to develop post-market solutions by leveraging distributed ledger technology, has appointed Jean-Marc Eyssautier as CEO. He was previously at CACEIS.
IHS Markit acquires Cappitech
IHS Markit, the provider of market information, analytics and solutions, has acquired Cappitech, a privately held Israeli company which provides regulatory reporting, best execution analysis and business intelligence solutions. Terms were not disclosed.
Westwood outsources trading to Northern Trust
Northern Trust has been selected by Westwood Holdings Group to provide outsourced trading through its Integrated Trading Solutions service. In this role, Northern Trust will assume responsibility for equity and fixed income trading and middle office trade settlement support for the USD12bn asset manager.
Aztec supports Highland Europe’s latest fund launch
The Aztec Group, a C.I.-based fund and corporate services provider, has supported Highland Europe with the fundraising activities and final close of its latest fund, Highland Europe Technology Growth IV Limited Partnership. The fund closed with commitments totalling EUR700m. Aztec Group will provide ongoing administration and accounting services from its Jersey office.