Clayton Da Silva has joined First Abu Dhabi Bank as head of securities services client management, based in Abu Dhabi. He was previously at Northern Trust, and has also worked for J.P. Morgan and BBH.
Category: NTRS
Northern Trust & Emerald to deploy Broadridge Private Market Hub
Northern Trust and Emerald Technology Ventures have agreed to deploy the Broadridge Private Market Hub to improve visibility and reduce transaction friction to interact in real-time for Guernsey-domiciled funds. The hub, which was originally developed by Northern Trust, was transferred to Broadridge Financial Solutions, Inc. in 2019. It uses DLT to help solve the challenge…
Northern Trust hires in Switzerland
Northern Trust has appointed Neda Derlokova as a business development manager in Switzerland. This follows Northern Trust’s regulatory approval earlier this year to offer local custodian, depositary, transfer agency and ancillary services to institutional investors and managers in the Swiss market. Derlokova joins from CACEIS.
Northern Trust appoints Gary Paulin to new role
Northern Trust has appointed Gary Paulin as head of Global Strategic Solutions for its asset servicing business. In this newly created position, Paulin, who is based in London, will lead the development and design of solutions that will enable clients to access and benefit from the full range of Northern Trust’s global capabilities. Paulin, who…
Northern Trust launches UMR solution
Northern Trust has launched an automated solution for initial margin calculation to help asset manager and asset owner clients comply with global regulations governing trading of OTC derivatives. The solution, developed in advance of the deadline for implementation of Uncleared Margin Rules (UMR), is part of Northern Trust’s integration of Acadia’s margin management solutions.
Northern Trust takes stake in Essentia Analytics
Northern Trust has reached an agreement to take an equity stake in Essentia Analytics, Ltd., a provider of behavioral analytics and consulting services that utilises a cloud-based platform to bring together historical data and behavioral science to identify and address biases in thinking that impact investment performance. The addition of Essentia behavioral analytics solutions is…
Northern Trust applies AI to alternative investment data
As part of its initiative to digitise alternative asset servicing, Northern Trust has launched an AI-powered solution to extract unstructured investment data from alternative asset documents and make it accessible and actionable for asset owner clients. Built in collaboration with Microsoft Azure Applied AI Services, and business and consulting firm Neudesic, the proprietary solution transforms…
Northern Trust appoints new head of Australia & New Zealand
Northern Trust has appointed Leon Stavrou as head of its business in Australia and New Zealand. He succeeds Angelo Calvitto, who was named as head of Northern Trust in Asia Pacific earlier this year. Stavrou was most recently a global services executive responsible for Northern Trust’s asset servicing operations across Australia, and for ensuring the…
Northern Trust names Scott Bachmann as UK head of LGPS
Northern Trust has named Scott Bachmann as UK head of public sector (LGPS) within its institutional investor group. Bachmann joined Northern Trust in 2006, and was most recently head of investment risk & analytical services for EMEA and Asia.
Coller Capital selects Alter Domus for USD680m credit fund
Alter Domus, the Luxembourg-based alternatives administrator which has AuA of c. USD1trn, has been selected by Coller Capital to provide fund administration and depositary services for a new private credit secondaries fund. The credit portfolio is managed by Ping An Overseas Holdings, with the transaction thought to be the world’s largest for a credit portfolio,…