Northern Trust has hired Mikkel Mördrup as head of sales, Nordics, based in Stockholm. He joins from ISEC, where he was group CEO. The post has been vacant since Struan Malcolm left earlier this year.
Category: NTRS
NTRS partners with Novata
Northern Trust has agreed with Novata, a fintech that provides ESG data for private markets investments, to provide its data to Northern Trust’s asset servicing clients. Northern Trust recently participated in a Series B funding round for Novata. Novata’s data management solution aims to provide asset owners with a clearer view of the ESG impact…
Zodia opens in HK
Zodia Custody, the Standard Chartered backed digital assets custodian, has opened in Hong Kong.
Zodia Markets granted VASP status by CBI
Zodia Markets, the Standard Chartered backed digital asset exchange and brokerage platform, has received its registration as a Virtual Asset Service Provider (VASP) by the Central Bank of Ireland. This follows on from the firm receiving cryptoasset registration from the UK’s Financial Conduct Authority in 2022 and its in-principle approval by Abu Dhabi Global Markets…
Northern Trust wins ADPF mandate
Northern Trust has been appointed by Abu Dhabi Pension Fund (ADPF) to provide services including global custody, alternative asset administration through its Front Office Solutions business, liquidity management, performance and risk analytics, and compliance monitoring. ADPF is a growing pool of sovereign sponsored pension assets in the Middle East. Ali Alqemzi, COO for investment at…
Zodia appoints CCO
Zodia Custody, the UK-based digital assets custodian, has appointed James Harris as its chief commercial officer. He joins from CCData.
Northern Trust works with Frost Consulting
Northern Trust is working with Frost Consulting, an independent consultant, to examine the challenges for MiFID II in scope managers who may face potential difficulties paying U.S.-based bank research providers which have not registered as RIAs, or are unable or unwilling to accept hard dollar payments at their European office(s) for global research services. The…
Northern Trust wins in Singapore
Northern Trust has been appointed by Chartered Asset Management Pte Ltd to provide custody, fund administration, foreign exchange and cash management services to the manager’s three funds constituted as Variable Capital Companies (VCCs). CAM was established in 1994 in Singapore, and is one of the 18 fund managers in the VCC Pilot Programme launched in…
New CRO for BNY Mellon
Hollis Merritt has joined BNY Mellon as chief risk officer for the asset servicing business, and chief risk officer for the UK. She joins from Northern Trust, where she spent 17 years, most recently as chief risk officer for EMEA.
Northern Trust develops carbon credit exchange
Northern Trust has completed the first stage toward an industry-wide voluntary carbon credit ecosystem that would allow institutional buyers to digitally access carbon credits from leading project developers. This follows Northern Trust’s milestone of completing fully automated transactions on the initial MVP digital carbon credit platform it has developed with carbon avoidance and removal project…