AllianceBernstein has appointed State Street as transfer agent for Taiwan’s first active bond ETF.State Street already services AB’s ETFs in U.S. and Australia.
Category: Bank Providers
CACEIS takes stake in Kriptown
CACEIS has acquired a minority stake in Kriptown, the French fintech specialising in asset tokenisation. This investment coincides with the upcoming launch of Lise (Lightning Stock Exchange), its subsidiary, which will be the first European tokenised exchange dedicated to SMEs and mid-cap companies. Lise is developing a market infrastructure designed to simplify equity financing and…
NTMA appoints NTRS
Northern Trust has been awarded the contract for the provision of custody and related services to the National Treasury Management Agency (NTMA), Ireland’s state body responsible for managing public assets and liabilities. Northern Trust will act as an asset servicing partner for two long term savings funds recently established by the Irish Government: the Future…
Turner joins BNY
Ed Turner has joined BNY as global product head for registered funds, ETFs, and insurance accounting, based in the UK. He was previously at HSBC.
PGIM appoints State Street for new ETF
PGIM, the asset management arm of Prudential with USD1.4trn AuM, has appointed State Street to support its first active global ETF in Taiwan.
BNY expands with Franklin Templeton
BNY has been appointed by Franklin Templeton to provide asset servicing and FX capabilities for its U.S.-listed ETF products. Franklin Templeton is expanding its long-standing relationship with BNY, which has supported the launch of three of Franklin Templeton’s digital asset ETFs, and will now be able to deliver the full scope of BNY’s ETF platform,…
Citi to adopt Fenergo across Europe
Citi has adopted Fenergo’s Client Lifecycle Management platform to digitise select transfer agency services for regulated funds in Europe. The Fenergo platform will enable Citi to offer customised policy-driven risk assessments, automated data validations and real-time reporting through API connectivity. The adoption of Fenergo for regulated funds in Europe is part of Citi’s ongoing digital…
Ultimus hires retail alts chief
Ultimus Fund Solutions has appointed Nicholas Ablahani to lead its retail alternative investment business, underscoring the firm’s commitment to servicing registered products such as BDCs, interval funds, tender-offer funds, REITs and perpetual private placement vehicles. He joins from U.S. Bank.
NTRS joins Project Acacia down under
Northern Trust is working with Swift to explore how tokenised assets, such as carbon credits, can be transacted using a commercial bank account in Australia. The initiative, which aims to demonstrate how digital asset innovation can connect with core components of the financial system, is part of Project Acacia, a research project led by the…
Ripple appoints BNY for RLUSD custody
Ripple, a provider of digital asset infrastructure for financial institutions, has appointed BNY as primary custodian of Ripple USD (RLUSD) reserves. BNY will serve as the primary reserve custodian of RLUSD,. In addition, BNY will provide transaction banking services to underpin RLUSD’s operations and deliver integrated solutions.