CIBC Mellon is collaborating with InvestorCOM Inc., a fintech focusing on the compliance disclosure needs of the financial services industry. Through this partnership, CIBC Mellon’s clients can now tap into InvestorCOM’s Publisher solution to ensure print-ready status of financial statements, create management reports for fund performance, and provide quarterly performance disclosure documents.
Category: BNY Mellon
Portney gets major role at BNY Mellon
BNY Mellon has appointed Emily Portney as CEO of Asset Servicing, its largest business unit, effective Feb. 1, 2023. She will report to Roman Regelman, CEO of Securities Services and Digital, and continue as a member of the ExCo. Portney will also lead the company’s client commercialisation efforts, responsible for driving improved commercial margin outcomes…
Mal Cullen to become CIBC Mellon CEO
Mal Cullen has been appointed as CEO of CIBC Mellon. He will remain a member of the board of directors of CIBC Mellon Trust Company. Cullen will be returning to Canada to assume his new role. He replaces Steven Wolff, who will retire from CIBC Mellon effective December 30, 2022, after six years of leadership.…
Northern Trust hires from BNY Mellon
Northern Trust has hired Barbara Doherty as a client executive in the asset servicing business, based in the U.S. She joins from BNY Mellon.
CRD hires BNY Mellon veteran
Jeremy Shaw has joined Charles River Development, a State Street company, as a relationship manager in the UK. He previously spent more than 13 years at BNY Mellon.
Clearstream hires new global head of collateral management
Gael Delaunay has joined Clearstream as global head of collateral management, based in Luxembourg. He was previously head of European collateral management at BNY Mellon.
CIBC Mellon wins First Nations mandate
CIBC Mellon has been selected to provide asset servicing to the First Nations Market Housing Fund (FNMHF), including institutional accounting, custody services, and investment information data access via the enterprise NEXEN platform. FNMHF was developed with input from First Nations communities and organisations across Canada to support financing arrangements for housing on reserve and settlement…
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…
BNY Mellon appoints head of global client management
BNY Mellon has hired Ed Fandrey as head of global client management. Based in New York, he will report to Akash Shah, BNY Mellon’s chief growth officer. He was most recently president of national sales and marketing at LPL Financial, a retail investment advisory firm, and previously spent two decades at Microsoft, latterly as vice…
BNY Mellon and Pirum launch optimisation service
BNY Mellon and Pirum, a fintech specialising in trading markets, have launched a joint optimisation service to offer collateral providers margining, risk management and inventory management to drive improved risk/return outcomes. The solution, ECPOConnect, combines BNY Mellon’s collateral management service, ECPO, which optimises more than USD4trn in assets globally, with Pirum’s CollateralConnect platform, a SaaS…