The securities services business of BNP Paribas has appointed Cleyde Hazell as head of client line for institutional investors, UK and Middle East, to support its alternative investments business. Based in London, Hazell will drive the institutional investors client segment strategies covering alternatives, asset owners, asset managers. She rejoins BNP Paribas with over 25 years…
Category: Bank Providers
Behan joins FundGuard
FundGuard, the cloud-native investment accounting platform that has been adopted by Citi and State Street, has appointed Simon Behan as chief commercial officer. He has previously held commercial leadership roles at Finbourne, Ocorian, Virtus Partners, Deutsche Bank and BNY.
Northern Trust wins Osmosis mandate
Northern Trust has been appointed by Osmosis Investment Management NL B.V. to provide middle office support including investment operations outsourcing, collateral management and currency management. Osmosis NL is an affiliate of UK-based Osmosis Investment Management UK Limited.
BBH to support Pictet ETFs
Pictet Asset Management has launched its firs three U.S.-domiciled ETFs. BBH has been appointed to support these actively-managed funds.
Broadridge hires Street
Broadridge has appointed Richard Street as head of international sales. Based in London, he will report to Mike Sleightholme, president of Broadridge International. Prior to joining Broadridge, Street was chief revenue officer & head of business development at a portfolio of specialist fintechs, and has also worked at at RBC Investor and Treasury Services, and…
Aztec appoints Sheriff as CRO/COO
Aztec has appointed Akbar Sheriff to its ExCo as chief client success officer and chief operating officer, based in London. He was most recently president and global chief operating officer at Coremont, a provider of cloud-based investment management technology, and previously held roles at McKinsey and State Street.
HSBC launches integrated ETF solution
HSBC has become the first global bank to offer an integrated fractional dealing and custody solution for all ETFs listed on the London Stock Exchange. With the launch of this new HSBC capability, retail investors in the UK will be able to buy and sell fractional ETF shares through participating savings and investment platforms, IFAs,…
Intesa expands with State Street
State Street has expanded its relationship with Intesa Sanpaolo, the Italian bank. As part of this expanded relationship, State Street will integrate an IT business unit and outsource custody back-office operations of the Italian bank.
Avanda expands with NTRS
Northern Trust has expanded its fund services relationship with Avanda Investment Management, supporting its implementation of the mandate granted by Monetary Authority of Singapore (MAS) as part of the Equity Market Development Programme (EQDP). Northern Trust will provide investment operations outsourcing, fund administration and investment risk and analytical services, building on a relationship with Avanda…
Securitize partners with BNY
Securitize, a platform for tokenising real-world assets, has launched the Securitize Tokenized AAA CLO Fund, a tokenised fund dedicated to AAA-rated collateralised loan obligations. The fund has been developed in collaboration with BNY, which will act as custodian for the fund’s underlying assets. The fund will be sub-advised by BNY Investments.