Stuart Cureton has joined SS&C in the UK as a sales director for the asset and wealth management businesses. He spent more than five years at SGSS, and has also worked at HSBC.
Category: Bank Providers
CACEIS signs MoU with RBC
CACEIS, the asset servicing banking group of Crédit Agricole S.A. and Santander, has signed a memorandum of understanding with Royal Bank of Canada for CACEIS to acquire the European asset servicing activities of RBC Investor Services and its associated Malaysian centre of excellence. This would include custody, global custody FX, fund administration, transfer agency, middle…
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…
Capitolis and State Street launch FX post-trade optimisation
TradeNeXus, a GlobalLink digital platform for FX transactions which is part of State Street’s digital division, has partnered with Capitolis, a fintech focused on capital markets, to launch an automated post-trade solution to optimise portfolios. With this integrated offering, buy-side firms can use TradeNeXus to automate data submission and access Capitolis’ analytics tools to scan…
BNP Paribas promotes Christelle Ybanez
Christelle Ybanez has been appointed head of global relationship management for the securities services business of BNP Paribas. Based in Paris, she is responsible for the global relationship management team servicing its largest securities services’ clients headquartered in France. Ybanez was previously head of asset owners & managers strategy & planning. She has been with…
HSBC facilitates first QFI derivatives trades in China
HSBC has facilitated a number of market firsts following China’s progressive opening of its onshore derivative markets to qualified foreign investors (QFIs). On 11 October, HSBC facilitated the first commodities futures trade in the market. The trade was placed by a QFI hedge fund, which has been actively investing in China and using HSBC as…
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…
BNP Paribas to support Fineco’s ETF range
BNP Paribas has been selected by Fineco Asset Management (FAM) to provide a full range of banking services for its equities and fixed income ETFs listed on the Italian Stock Exchange. FAM, an Irish UCITS management company wholly owned by Italian bank FinecoBank S.p.A., has entered the ETF market with a range of Ireland-domiciled funds.…
Polar Capital expands relationship with Northern Trust
Northern Trust has been appointed by Polar Capital to provide global custody, depositary, transfer agency, fund accounting and currency management services to the Melchior Selected Trust. Domiciled in Luxembourg, Polar Capital’s Melchior Selected Trust was launched in 2010 and is comprised of the Melchior Absolute Return Fund, European Opportunities Fund and Global Equity Fund. All…
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…