Standard Custody & Trust Co., the digital asset custodian owned by PolySign, has appointed Matthew Homer to its board of directors. Homer was the inaugural executive deputy superintendent for the research and innovation division at the New York Department of Financial Services (NYDFS), where his responsibilities included cryptocurrency and digital assets.
Category: Alts
JTC Americas to support new EB-5 fund
Western Energy Regional Center (WERC) has appointed JTC Americas to provide services to support its second EB-5 offering, Western Energy Opportunities II. Since its inception in 2016, WERC has provided a platform for participants in the U.S. Immigrant Investor Program under the Employment-Based Preference 5 (EB-5) program, with a focus on oil and gas projects.…
Alter Domus opens in Italy
Alter Domus, the Luxembourg-based provider of integrated solutions to the alternative investment industry, has opened an office in Italy. Christian Iuliano has been named country executive for Italy and will oversee Alter Domus’ initial corporate service offering in addition to its fund services solutions, which will be launched as its operations in Italy grow. Italy…
HSBC facilitates first QFI derivatives trades in China
HSBC has facilitated a number of market firsts following China’s progressive opening of its onshore derivative markets to qualified foreign investors (QFIs). On 11 October, HSBC facilitated the first commodities futures trade in the market. The trade was placed by a QFI hedge fund, which has been actively investing in China and using HSBC as…
BNY Mellon launches digital asset custody platform
BNY Mellon has gone live with its digital asset custody platform in the U.S. This will enable select clients to hold and transfer bitcoin and ether. BNY Mellon has been working closely with market-leading fintechs and tapped digital asset technology specialists Fireblocks and Chainalysis to integrate their technology to meet the present and future security…
SDX Web3 goes live with crypto custody
SDX Web3, the recently launched business unit of SIX Digital Exchange, is now live with its institutional custody service for crypto assets. The service is designed for institutional clients that want to scale their crypto asset business leveraging best-in-class back-end services and capabilities. It allows institutions to safely and cost-effectively store and transfer crypto assets…
Equiom hires new CEO
Equiom, the C.I.-based professional services provider, has appointed Jon Jennings as its new group CEO. He joins from JTC plc where he was group head of institutional client services. His appointment follows the recent announcement that funds managed by Alcentra have become the new majority owners of the group, and the appointment of Farah Ballands…
Clearstream facilitates digital securities issuance
Clearstream has created a digital instrument on D7, Deutsche Börse’s digital post-trade platform. European issuers can now leverage the new infrastructure to issue digital securities. The first automated issuances were performed by LBBW and Vontobel, and facilitated by Clearstream, Deutsche Börse’s post-trade service provider. D7 is fully integrated within Clearstream’s global infrastructure and works as…
Warwick goes with Allvue for CLOs
Allvue Systems, an alternative investment technology solutions provider, has been selected by Warwick Capital Partners as the software provider for its CLO business. Warwick is a UK-based special situations firm that brings creative solutions to complex opportunities and manages approximately USD2.5bn. Warwick will leverage Allvue’s CLO Start-Up Package, an all-in-one product suite that simplifies operations…
IDR hires veteran bus dev director
Stu Williams has joined IDR as business development director. Based in Boston, he will be responsible for the growth of IDR’s North American business. IDR provides a central, globally accepted and standardised way for private capital investors to onboard.