CACEIS has signed an agreement with Taurus, a Swiss company that focuses on the digital assets and blockchain space, to use its platform. CACEIS’ objective is to offer secure custody of digital assets using Taurus-PROTECT, including automated corporate action processing, dividend payments and Smart Contract management, digital asset issuance and tokenisation on blockchain using Taurus-CAPITAL,…
Category: Bank Providers
Citi hires new data chief
Citi has hired Joe Bonanno as global head of data, digital and innovation for its securities services business. Bonanno joins from Morgan Stanley, where he was most recently head of analytics and data strategy, architecture, and platforms for its wealth management division. Fiona Horsewill, global head of data and digital, Michael Hlava, global head of…
Northern Trust combines digital and traditional asset services
Northern Trust has established a digital assets and financial markets group, led by Justin Chapman, currently global head of market advocacy, innovation and research. The new group combines the teams responsible for supporting digital asset markets and the traditional network management teams.
Joe Scott joins Ultimus LeverPoint
Ultimus LeverPoint Private Fund Solutions, a specialist private fund administrator with >USD150bn AuA, has hired Joe Scott. He will play a strategic, client-facing role as he oversees multiple fund administration teams that service the firm’s client base. Previously, Scott was at UMB Fund Services where he oversaw six accounting teams across various locations while leading…
State Street appoints head of APAC global markets
State Street has appointed Henry Quek to head the global markets business for Asia Pacific. Based in Singapore, he has oversight of FX, securities finance and portfolio solution businesses across the APAC region. Quek joined State Street in 2004.
Citi partners with METACO
Citi has selected METACO to develop and pilot digital asset custody capabilities. Citi intends to integrate METACO’s bank-grade digital asset custody and orchestration platform, Harmonize, into its existing infrastructure, to develop and pilot digital asset custody capabilities.
Northern Trust wins UK investment trust mandate
Northern Trust has been appointed to provide global custody, fund accounting, depositary services and its outsourced trading service, Integrated Trading Solutions, to International Biotechnology Trust and its investment manager, SV Health Managers. Founded in 1994, International Biotechnology Trust is a UK investment trust that is traded on the London Stock Exchange. Its objective is to…
BP2S appoints Shóna Lynch to new U.S. role
BNP Paribas Securities Services has appointed Shóna Lynch as a senior sales director for its alternatives investments business in the U.S. She relocates from the UK.
Northern Trust appoints vice chairmen
Northern Trust has appointed two vice chairmen. Longtime Northern Trust leaders Dave Blowers, president of national services in wealth management, and Lyle Logan, managing director, financial institutions group, have been named as vice chairmen. Their responsibilities include key strategic initiatives and the development of select clients and prospects globally. Blowers continues to report to wealth…
New Switzerland country head for SGSS
Société Générale has appointed Isabelle Salomone as head of SGSS in Switzerland. Based in Zurich, she now reports to Anne Marion-Bouchacourt, group country head for Switzerland and MD of SG Zurich branch, and to Nathan Derhy, head of international coordination for SGSS. Salomone succeeds to David Cihla, who recently retired. Salomone was previously deputy head.