Following the appointment of Simon Olenka as head of UK and the Middle East, BNP Paribas Securities Services has made two senior appointments. Mark Daisley is promoted to the role of head of client delivery for the UK, Middle East and ChanneI Islands. He joined BP2S in 2008. Alexandra Derrien is appointed head of IT…
Category: Bank Providers
Northern Trust launches cloud-based version of Online Report Center
Northern Trust has launched a new version of its most popular client-facing tool, Online Report Center, as a cloud-based service with a redesigned user interface, available through its Passport client portal. New features include: Enhanced scheduling and interactive reporting and report packaging capabilities; Event-based and time-based report generation triggers; and Secure email attachments, email notifications,…
Citi spins off Proxymity into industry-owned utility
Proxymity, the digital investor communications platform developed within Citi‘s investor services business, has raised USD20.5m from eight market participants and will become a global, industry-led consortium. The consortium is comprised of BNY Mellon, Citi, Clearstream, Computershare, Deutsche Bank, HSBC, J.P. Morgan, and State Street. The Proxymity team will be based in London, with a technology…
CACEIS completes remote migration of Popular funds in Spain
CACEIS in Spain has remotely migrated the Popular Asset Management and Popular Pensiones portfolios. Popular Asset Management and Popular Pensiones, two companies merging with Santander Asset Management and Santander Pensiones, switched to CACEIS as their depositary bank in Spain. With all staff working remotely, 107 funds were migrated to CACEIS, (59 investment funds and 48…
State Street collaborates with CLS for FX settlement reporting
State Street is collaborating with CLS, an FX market infrastructure group delivering settlement, processing and data solutions, to provide asset managers with a consolidated view of CLS settlement information across their accounts for the first time. The collaboration will combine TradeNeXus, State Street’s electronic post-trade processing service, with CLS’s post-trade monitoring and reporting tool, CLSTradeMonitor,…
U.S. Bank hires seniors for CLO and O&T roles
Two new hires for U.S. Bank. Sean Kelley joins as head of collateralized loan obligation data analytics and research, based in Chicago. Most recently, he built and managed the CLO infrastructure at PPM America, Inc. Darren Hodges comes in to lead the global trust technology and support services custody operations team, based in Milwaukee. Hodges…
SGSS makes two sales appointments in UK
Société Générale Securities Services has appointed Stewart Gladstone as head of segment & solutions for banks and financial intermediaries, and Steve Gutowski as director of sales and relationship management for broker dealers. Based in London, they report locally to Matt Davey, head of coverage, marketing & solutions for SGSS UK, and functionally to Gildas Le…
Northern Trust partners with IdealRatings for ESG analytics
Northern Trust has partnered with IdealRatings to enhance its analytical capabilities for investors’ environmental, social and governance (ESG) risk exposures. The ESG Analytics Summary provides investors with periodic snapshot analysis across their equity and corporate bond portfolios, setting out investment scores against a range of ESG factors, UN global compact principles and business activity flags.
SMP to buy RBC Corporate Services in Hong Kong
The SMP group of companies, a global professional and financial services group based in the Isle of Man, has agreed to acquire RBC Corporate Services Hong Kong Limited, a division of RBC Investor & Treasury Services. The transaction is subject to regulatory approval. The deal is supported by Palatine Private Equity LLP, a UK private…
Lester Owens moves to Wells Fargo from BNY Mellon
Lester Owens is to join Wells Fargo in the newly created role of head of operations. Owens, who joins Wells Fargo in late July 2020, will report to COO Scott Powell and will sit on the company’s operating committee. Owens joined BNY Mellon from J.P. Morgan at the end of 2018 as head of operations.