Northern Trust has hired Andrea Istwan as head of client experience (CX) for the asset owners, Americas segment. She joins from Envestnet.
Category: Bank Providers
Zodia hires head of sales
Richard Clark has joined Zodia Custody as head of sales & partnerships. Zodia Custody, which is registered in the UK by the FCA as a crypto asset business, is owned by Standard Chartered in association with Northern Trust. Clark previously spent 15 years at Merrill Lynch.
Northern Trust makes senior management changes
Northern Trust has appointed John Turney as global head of Front Office Solutions. Turney, who has led the foreign exchange business (GFX) since 2018, reports to Melanie Pickett, head of asset owners, Americas. Marisa Kurk replaces him as head of GFX. Kurk joined Northern Trust as chief operating officer for GFX in 2019 and was…
AssetMetrix hires deputy tech head
AssetMetrix, the Germany-based fintech in which BNP Paribas has a stake, has hired Vasileios Antonopoulos as deputy head of technology. He will be based in Luxembourg. He joins from RBC Investor & Treasury Services.
RBC to service Tradex in Canada
RBC Investor & Treasury Services has been selected by Tradex Management Inc. to provide back-office services, including custody, fund accounting, securities lending and transfer agency. Tradex, a fund manager based in Ottawa, has exclusively supported the investment needs of public service professionals and their families since 1960. Blair Cooper, president and CEO of Tradex, said:…
BNY Mellon regains USD49bn Arizona fund
Arizona State Retirement System (ASRS) has returned to BNY Mellon as asset servicing provider for the USD49.1bn ASRS Trust Fund. BNY Mellon will provide custody, alternative asset servicing, overnight investment vehicles, securities lending, performance analytics and investment compliance monitoring for the fund, which serves employees of the state, counties, municipalities, universities, community colleges, school districts,…
K2 appoints State Street for ETH ETF
K2 Asset Management has appointed State Street Australia Limited as the fund administrator in Australia for the Cosmos Purpose Ethereum Access ETF (Cboe: CPET). CPET’s underlying asset is the Purpose Ethereum ETF which is managed by Purpose Investments and quoted on the Toronto Stock Exchange. The Purpose Ethereum ETF has been established to buy and…
HSBC appoints head of APAC & MENAT
HSBC has appointed Rafael Moral as regional head of Asia-Pacific & MENAT for its securities services business. Based in Hong Kong, he will report to Richard Godfrey, global co-head of securities services and co-head of securities financing. Moral is currently head of strategy for markets & securities services. He replaces Brian Godins, who retired earlier…
Northern Trust teams up with Commcise
Northern Trust has enhanced the commission management process for its Integrated Trading Solutions clients through a collaboration with Commcise, a provider of cloud-based software solutions, including commission management and aggregation services, research valuation, consumption tracking and share-of-wallet reporting. The Commcise platform provides managers with automated soft dollar reconciliation, invoice/contract management, commission targeting, broker voting, commission…
BP2S makes senior hire for Americas
BNP Paribas Securities Services has appointed Chris Richmond as head of the asset owner, asset manager and alternatives client lines for the Americas. He will report to Dennis Bon, head of BNP Paribas Securities Services in the Americas, Arnaud Claudon, global head of asset managers and owners, and Patrick Hayes, global head of alternative investors.…