State Street has appointed Jesse Cole as global head of its private markets segment. In this role, Cole will be responsible for defining and executing State Street’s global strategy for private markets and will work closely with the global sales and product organisations to manage and grow private markets business across all client segments. Cole…
Category: Bank Providers
BP2S to deploy Next Gate tech
BNP Paribas Securities Services and Next Gate Tech have reached an agreement through which BP2S will deploy Next Gate Tech’s data management and NAV oversight technology to support its depositary bank operations, initially in Luxembourg. Next Gate is a Luxembourg-based fintech which recently hired Eduardo Gramuglia, formerly head of State Street in Luxembourg, as its…
State Street bolsters digital management team
State Street Digital has added three executives to its leadership team. Katie Richards joins as global head of operations and Marcus Grubb as global head of product. Both report to Nadine Chakar, head of State Street Digital. Additionally, Derren Selvarajah has joined as product PMO lead for the product strategy team. Selvarajah reports to Grubb.…
LTX completes integration with CRD
LTX, a Broadridge company that runs a digital trading platform, has completed its integration with the Charles River Investment Management Solution. The integration enables Charles River’s order and execution management system users to access aggregated liquidity and leverage transparency and price discovery within their workflows through their existing relationships with their dealers.
Vince to replace Gibbons as BK CEO
Todd Gibbons will retire as CEO of BNY Mellon on August 31, 2022. The board of directors has appointed Robin Vince to be his successor. Vince will initially serve as president and CEO-elect, effective immediately. Vince currently serves as vice chair of BNY Mellon and CEO of global market infrastructure, which includes Pershing, treasury services,…
State Street licenses Copper.co technology
State Street Digital, State Street’s dedicated digital division, has entered into a licensing agreement with Copper.co, a UK-based provider of institutional digital asset custody and trading infrastructure. State Street Digital will leverage Copper.co’s technology to develop and, subject to receipt of regulatory and other approvals, launch an institutional grade digital custody offering where clients can…
SGSS wins RE depositary mandate
SGSS has been appointed as depositary for five AIFs managed by SOFIDY for a total of EUR3.7bn AuM. A subsidiary of Tikehau Capital, SOFIDY is an investor in the consumer real estate fund market with EUR7.6bn AuM. In 2021, SOFIDY launched SCP Sofidy Europe Invest, for which SGSS now provides depositary services, as well as…
Brian Godins steps down from HSBC
Brian Godins has stepped down as head of HSBC’s securities services business in Asia Pacific and MENAT. He will move back to the UK from Hong Kong. Godins joined HSBC in 2007. No successor has yet been announced.
Copper hires COO
Copper, the UK-based provider of custody and prime services for digital assets, has appointed Sabrina Wilson as chief operating officer. She was previously at Citi, where she was the global co-head of the futures, OTC clearing and FX prime brokerage business.
Eruch Mody joins BNY Mellon
Eruch Mody has joined BNY Mellon‘s asset servicing business in a senior relationship management role. Mody spent nearly 12 years at BBH, most recently as a senior relationship manager in the investor services business. At BNY Mellon, he will be part of the global investment managers team run by Irene Speridakos.