Aon and BNY Mellon have signed a multi-faceted data and digital collaboration focusing on supporting the ESG needs of clients globally, leveraging both firms’ collective ESG data and analytics capabilities and data sets. In addition, Aon and BNY Mellon will work to further enhance solutions in the areas of digital assets and data and analytics.…
Category: Bank Providers
BNY Mellon adds ETF servicing capabilities
BNY Mellon has launched its ETF Intelligent Basket Builder and ETF Asset Flow Analytics Dashboard, its latest services to support the growth and digitisation of the ETF operating model. BNY Mellon now services >USD1.25trn in ETF assets, The ETF Intelligent Basket Builder, part of BNY Mellon’s ETF Center and available on its NEXEN portal, provides…
SG signs with Saphyre
Saphyre, the U.S.-based fintech company focused on pre-trade setups and post-trade issues, has signed up Société Générale’s global markets division for new fund onboarding and maintenance. SG has been collaborating with Saphyre on STP of account setups to speed the time to market in order to provide immediate liquidity as well as seamless post-trade allocations…
State Street wins NB ETFs
Neuberger Berman, the U.S.-based independent investment manager, has launched its first-ever actively managed ETFs. Managed by Neuberger Berman, the ETFs are an extension of the firm’s thematic equity investment capabilities utilising traditional fundamental equity research along with alternative data capabilities and consideration of material ESG factors. Each fund has selected State Street as custodian for…
Another senior manager leaves BBH
Mark Chessler has joined Alter Domus as a senior manager, based in the U.S. Chessler was previously at BBH, working in the alternative investments product group, and has also worked for State Street.
State Street launches fund trading in Mexico
State Street has launched an integrated fund trading solution, alongside its custody offering, for clients in Mexico. The secure online platform will allow for access to a broad range of investment funds in collaboration with Clearstream’s Vestima platform, providing fund order services through a single-entry point. The service will support connectivity with a range of…
BNY Mellon invests in Coin Metrics
Coin Metrics, a provider of crypto financial intelligence, has raised USD35m in Series C financing, led by Acrew Capital and BNY Mellon. Goldman Sachs, Fidelity Investments, Highland Capital Partners, Avon Ventures and Morningside Technology Ventures are continuing their investments in the company after participating in previous fundraising rounds. They are joined by new investors Cboe…
HSBC appoints new ANZ head for M&SS
HSBC has appointed Nick Wheeler as head of markets and securities services for Australia and New Zealand. Wheeler has been at HSBC since 2004. Earlier this year HSBC hired Sinclair Scholfield from State Street to head securities services sales and client management for Australia and New Zealand.
IQ-EQ hires new CCO for APAC
David Kim has joined IQ-EQ, the Luxembourg-based investor services provider, as chief commercial officer for APAC, based in Singapore. He joins from Northern Trust, where he was head of client relationship management for south-east Asia.
Rathbone signs with Charles River
Rathbone Funds (Rathbone Unit Trust Management Ltd), the UK-based subsidiary of Rathbones Group Plc, has selected the Charles River Investment Management Solution to support its equity, fixed income and multi-asset portfolio management, including managing its securities and investment data on the State Street Alpha Data Platform. Mike Webb, chief executive of Rathbone Unit Trust Management…