State Street has added pre-and post-trade optimisation and margin analytics capabilities to its Collateral+ service. In partnership with Cassini Systems, a provider of pre- and post-trade margin and collateral analytics for derivatives market participants, Collateral+ now offers an integrated, modular approach to optimisation, which addresses collateral efficiency from multiple angles. It Through Cassini’s technology, Collateral+…
Category: Alts
Saltgate appoints first chief innovation officer
Saltgate, the C.I.-based fund administrator that has USD100bn AuA, has appointed Nadja Borges as its chief innovation officer, a newly created role. She reports to the group CEO, Simon Riley. Before joining, Borges worked for more than 10 years as a client to Saltgate, first at the private equity firms Akina and Unigestion, then at…
Crestbridge hires new head of UK funds
Crestbridge, the C.I.-based private markets administrator, has appointed Cheryl Bai as director, head of funds UK. She will lead the UK funds team and contribute to the development of Crestbridge’s UK private equity and real estate fund services proposition. She joins from SS&C GlobeOp.
Sanne hires new head of NA hedge
Sanne, the UK-listed provider of alternative asset and corporate business services, has appointed Adrian Bedoya as director, hedge – North America. He will lead Sanne’s hedge business and grow the product offering across North America. He joins from Virtus by FIS, where he was head of portfolio accounting.
Sanne hires new NA bus dev director
Sanne, the UK-listed administrator, has appointed Darrell Pisarra as director, business development – North America. Prior to joining Sanne he was at SS&C Technologies. Sanne recently lost Marta Ciemiega, a U.S. business development director, who moved to Crestbridge.
Apex gets green light for GIFT City
Apex has become one of the first global fund administrators to receive regulatory approval to operate in India’s Gujarat International Finance Tec-City (GIFT City) International Financial Centre. GIFT City is a planned IFSC which is being developed as a global financial and IT services hub, the first of its kind in India. With this latest…
JPMAM appoints JPM for MO
J.P. Morgan Asset Management (JPMAM), which has USD2.6trn AuM, has selected J.P. Morgan’s securities services division, part of the corporate & investment bank, to support a new global operations model using its investment middle office services capabilities. JPMAM is commencing a multi-year initiative to implement this model, which includes the provision of middle office services,…
IQ-EQ acquires Greyline Partners
IQ-EQ, the Luxembourg-based investor services provider, has acquired Greyline Partners, LLC, a U.S. provider of governance and regulatory compliance solutions for private capital, hedge funds and investors. Founded in 2016, Greyline has 56 people across its six offices located in San Francisco, Dallas, New York, Chicago, Boston and London. Also part of Greyline is GCM…
State Street to support new VanEck Bitcoin ETF
VanEck, the U.S.-based manager with USD82.2bn AuM, has announced the imminent launch of its VanEck Bitcoin Strategy ETF (XBTF), an actively managed ETF that seeks capital appreciation by investing in standardised, cash-settled bitcoin futures contracts. XBTF is expected to list on Cboe on November 16, 2021. XBTF is the first ETF in VanEck’s suite of…
Clearwater hires new head of private assets
Clearwater Analytics, a U.S.-based provider of SaaS-based investment accounting, reporting, and analytics solutions, has appointed Jonathan Flitt as global head of private assets. In this capacity, he leads product management, strategy, and execution to deliver platform capabilities and solutions that provide total portfolio transparency for the private markets space. Flitt joins from BNY Mellon, where…