SIX Digital Exchange has appointed Alexandre Kech as head of digital securities, based in Switzerland. He was most recently with Citi Ventures, where he launched and ran its blockchain & digital asset team.
Category: Citi
Citi to service Sanlam Private Wealth
Citi has been appointed by Sanlam Private Wealth, a South Africa-based wealth manager, for a range of services, including execution, cash and custody for Sanlam Private Wealth’s non-domestic client securities. The appointment forms part of a transformation of Sanlam Private Wealth’s business model, which includes a new investment platform and the outsourcing of trading and…
Cooper Wood appoints brand ambassador
Cooper Wood & Associates, the UK-based asset management and asset servicing consultancy, has appointed Terry Alleyne as a brand ambassador, which will involve him engaging with existing clients, and developing and promoting the Cooper Wood brand to a broader audience. Alleyne spent 23 years with Citi, and was most recently a relationship manager in HSBC’s…
Citi launches Proxymity in A&NZ
Citi has launched Vote Connect Total, a digital proxy voting service provided by Proxymity, in Australia and New Zealand. As part of this arrangement, Proxymity will manage the full life cycle of proxy voting services for Citi clients in the ANZ markets. Proxymity Vote Connect Total is the digital proxy service powered by Proxymity’s investor…
RBC hires two senior managers for Canada
RBC has hired Kevin Lui as head of custody product. He left Citi earlier this year after nearly 29 years. Additionally, Marijana Jovanovic has recently joined as head of product transformation, Canada. She joins from Manulife, where she was most recently responsible for leading transformation of the corporate treasury function. Prior to this, she was…
Clearstream hires from Citi
Marcus Austin has joined Clearstream as head of sales & relationship management for UK, Ireland & the Americas. Austin joins from Citi, where he spent 21 years. He will be based in the UK.
John Ferrara joins BNP Paribas
BNP Paribas’ securities services business has appointed John Ferrara as head of sales and relationship management for the institutional investors client segment in the Americas. Based in New York, he reports to Dennis Bon, head of BNP Paribas Securities Services in the Americas, and Alvaro Camunas, global head of client development for BNP Paribas Securities…
BP2S hires new global head of B2C business
Edward Duff has joined BNP Paribas as global head of the broker-to-custody business, based in the UK. He previously spent nearly 14 years at Citi, most recently as global head of sales for the execution-to-custody (E2C) business.
Fundnode launched in Singapore
Marketnode, the Singapore-based joint venture between Temasek and SGX, has launched Fundnode, an industry-wide investment funds utility using distributed ledger technology. Fundnode will begin by streamlining fund processes, facilitating simplified subscription, redemption, and record-keeping workflows for funds offered to retail investors (Authorised Collective Investment Schemes). Pilot phase participants of Fundnode will include fund distributors, fund…
DTCC launches 1042-S service
DTCC has launched a new service, the 1042-S Classification Announcement. The new offering will enable issuers to directly provide DTCC’s subsidiary, DTC, with IRS Form 1042-S tax withholding information on distributions prior to the payable date, lowering the amount of tax withheld on distributions for non-U.S. investors. DTCC collaborated with BlackRock and Citi’s securities services…