BNY Mellon has launched enhancements to its securities finance platform to help clients analyse their agency securities lending program alongside their sustainability goals. Delivered through an interactive dashboard, clients can apply ESG scores based on third-party data across their lendable portfolio, collateral and cash investments to help them evaluate alignment with their individual ESG goals.…
Category: Bank Providers
Northern Trust hires BBH executive
Elaine Ni Ghallchóir has joined Northern Trust as a relationship manager in the EMEA consultant relations group. She joins from BBH, where she spent 16 years, most recently as head of European industry engagement.
BNY Mellon appoints Australia country executive
BNY Mellon has appointed Geoff Hodge as Australia country executive. He will continue to oversee global strategy as the head of Milestone Group, the Sydney-headquartered fund management fintech that he co-founded in 1998, which was acquired by BNY Mellon in 2021. He will take a seat on the BNY Mellon Asia Pacific Leadership Council. Alexis…
Darren Hodges steps up at U.S. Bank
Darren Hodges has been named COO of U.S. Bank Wealth Management and Investment Services. He joined U.S. Bank in 2020 to lead trust technology and support services custody services.
State Street’s GlobalLink goes digital
State Street has upgraded GlobalLink, a suite of digital multi-asset trading solutions, with the launch of GlobalLink Digital. The new service enables customised workflows, and a seamless user experience across the full suite of GlobalLink solutions and third-party partners. GlobalLink Digital’s functionality has been designed to enhance services, solutions and automation, allowing institutions and applications…
Aviva outsources to BNY Mellon
Aviva Investors, the global asset management business of Aviva plc, has appointed BNY Mellon to provide a fully integrated operating model for certain front-office support services, as well as middle- and back-office activities. BNY Mellon will provide a comprehensive solution which encompasses asset services including custody, fund administration and depositary, as well as more advanced…
Yomoni outsources to SGSS
SGSS has been chosen by Yomoni, a France-based investment management company, for its I-DEAL execution and trading solution, a fully outsourced trading desk that covers the entire value chain for all asset classes and markets. Founded in 2015 and regulated by the AMF, Yomoni offers online savings management for individuals, with EUR687m (USD660m) AuM. Alexis…
Broadridge hires from HSBC
Sian Young has joined Broadridge as director, account management, based in the UK. She previously spent 15 years at HSBC, most recently as a senior account manager working with asset owners and managers.
UK’s Nest extends TCA service from CACEIS
CACEIS has extended its partnership with Nest, the UK workplace pension scheme representing more than GBP25bn AuM (USD27bn), to provide an end-to-end cost transparency and benchmarking service. Previously, CACEIS had supported Nest in identifying transaction costs across its range of managers and funds. This three-year partnership has now extended to CACEIS providing an end-to-end cost…
BNY Mellon hires network management veteran
Paul Hedges has joined BNY Mellon in London as lead specialist, global network management. He was a founding member of The Securities Services Advisory Group, and has previously worked at several major custody banks, including HSBC, J.P. Morgan and RBC.