State Street has appointed Jason Knight as global head of the firm’s insurance segment. Knight joins from BNY Mellon, where he was most recently head of the insurance segment in the Americas for the asset servicing business.
Category: BNY Mellon
BNY Mellon to provide European TA services for Invesco
BNY Mellon has been appointed by Invesco Fund Management Limited and Invesco Management S.A. to provide transfer agency services to USD100bn of their respective ICVC and SICAV fund ranges. BNY Mellon already provides custody and fund administration services for the two fund ranges, which are domiciled in the UK and Luxembourg respectively. In addition, BNY…
Laide Majiyagbe joins BNY Mellon to head financing & liquidity
BNY Mellon has appointed Laide Majiyagbe as head of financing and liquidity, assuming oversight of the securities finance, liquidity services and collateral segregation businesses. In this newly created role, Majiyagbe will oversee the strategic direction for BNY Mellon’s financing, collateral and short-term liquidity offering. She joins BNY Mellon from Goldman Sachs, where she spent 14…
Standard wins NY state charter to offer digital assets custody
Standard Custody & Trust Company, LLC, a U.S.-based custody and settlement platform for digital assets, has received charter status to operate under New York state banking law as a regulated qualified custodian. The charter permits Standard Custody to offer custodial and escrow services for digital assets. One of Standard’s board members is Tim Keaney, formerly…
Ultimus hires Frank Anduiza to head private fund sales
Ultimus Fund Solutions, an independent provider of fund administration, accounting, and investor solutions, has hired Frank Anduiza as head of private fund sales for Ultimus LeverPoint, the firm’s private fund administration services business. Anduiza joins from BNY Mellon, where he was head of U.S. business development for the alternative investment management sector.
BNY Mellon strikes deal with class-action specialist FRT
BNY Mellon has established an alliance with Financial Recovery Technologies, the U.S.-based provider of securities class action recovery services to the investment community. The alliance will offer solutions to address the demand for better governance solutions associated with shareholder litigation monitoring and recovery, offering BNY Mellon’s clients access to FRT’s suite of class action solutions,…
CIBC Mellon wins three new crypto ETF mandates
CIBC Mellon has continued its impressive run of mandate wins in the burgeoning crypto- currency ETF space in Canada. It has been appointed to provide fund administration and ETF settlement services for three new ETFs: the CI Galaxy Ethereum ETF, Evolve’s Ether ETF, and Purpose Investment’s Purpose Ether ETF.
BNY Mellon adds FICC cleared repo to LiquidityDirect portal
BNY Mellon has made FICC sponsored cleared repo available through its LiquidityDirect short-end investment portal. Institutional clients can now seamlessly invest cash in cleared repo through LiquidityDirect. The addition of cleared repo to LiquidityDirect broadens the range of short-term investments on the platform to include a secured, centrally cleared alternative that provides counterparty diversity and…
Schwab appoints BNY Mellon for TA
BNY Mellon has been appointed by Charles Schwab Investment Management, Inc. to provide transfer agency services. Mark Fischer, CFO of Charles Schwab Investment Management, said: “We are eager to work with the BNY Mellon team and have been impressed by its service model, solutions, deep industry experience and the strategic vision they bring to investor…
Renee LaRoche-Morris joins State Street from BNY Mellon
Renee LaRoche-Morris is joining State Street as the chief of staff to the COO, Lou Maiuri. She joins from BNY Mellon, where she has held multiple leadership positions across custody, finance, and investment management groups. Most recently, she was COO for BNY Mellon’s investment management group, with oversight for operations, technology, initiatives, and regulations impacting…