IQ-EQ has appointed Ray Murphy as senior managing director of accounting & CFO services in North America. In this newly created role, Murphy will drive IQ-EQ’s efforts to grow its outsourced CFO business in the U.S., with a particular focus on private equity clients. He joins from State Street. IQ-EQ first entered the U.S. alternative…
Category: Bank Providers
Sharegain raises USD64m
Sharegain, a UK-registered securities finance fintech, has raised USD64m in a series B round led by WestCap and joined by Citi, EJF Capital LLC and Optiver PSI. Participating existing investors include Maverick Ventures Israel, Blumberg Capital, SixThirty, Rhodium, and the Kessler family office.
BNY Mellon appoints head of Americas asset owners
BNY Mellon has appointed Anders Reinertsen as head of asset owners for the Americas, an internal move.
BP2S wins India mandate for AIMCo
BNP Paribas Securities Services has been appointed by Canada’s Alberta Investment Management Corporation to provide custody, clearing and settlement services for its recent investment into India. AIMCo is among a number of international investors to commit to India’s first renewable energy infrastructure investment trust, Virescent Renewable Energy Trust. AIMCo is one of Canada’s largest institutional…
Charles River partners with Precisely
Charles River Development, a State Street company, has formed an alliance with Precisely, a data integrity specialist. Precisely’s data governance solution, Data360 Govern, will be incorporated into the State Street Alpha data platform to provide streamlined governance, lineage, and cataloguing capabilities.
MUFG forms consulting practice
MUFG Investor Services has launched a business consulting group. The group will be led by Brian Yegidis, most recently the head of prime services hedge fund consulting for the Americas at Credit Suisse. Joining him will be Caley Watnick, also from Credit Suisse, where she was an associate in prime consulting. Based in New York,…
Charles River partners with LedgerEdge
Charles River Development, a State Street company, has partnered with LedgerEdge to provide investment managers with access to corporate bond liquidity from the LedgerEdge ecosystem through the Charles River inventory hub and order and execution management system (OEMS). LedgerEdge uses DLT to modernise institutional-grade trading services and protocols. Charles River’s inventory hub delivers an aggregated,…
SGSS expands in Africa
Société Générale Securities Services has expanded its securities custody offering in Africa to include Ghana. SGSS already offers custody services from the West African Economic and Monetary Union (WAEMU) from Côte d’Ivoire, the Economic and Monetary Community of Central Africa (CEMAC) from Cameroon, as well as from Morocco and Tunisia.
AssetMetrix hires in UK
AssetMetrix, the Germany-based fintech, has appointed Clifford Norton as head of business development for the UK & Ireland. Norton was previously at Allvue Systems.
Michael Oliver joins Siepe
Michael Oliver has joined Siepe, a U.S.-based provider of technology, data and analytics for asset managers. He will be director of sales for middle-office services. Oliver spent 20 years at U.S. Bank, most recently in the corporate trust business.