BNY Mellon has appointed Björn Storim as head of Germany, Switzerland, Austria and Central & Eastern Europe, He joins from Credit Suisse, where he was co-speaker of the executive board in Germany and co-chairman of the Germany & Austria management committee, and will be based in Frankfurt. Storim reports to Hani Kablawi, chairman of international…
Category: Bank Providers
Northern Trust confirms Jane Western as COO of FOS
Northern Trust has confirmed Jane Western as chief operating officer of its Front Office Solutions (FOS) business. FOS is an integrated digital and service solution focused on enabling enhanced data integration, collaboration and portfolio analysis for complex asset owners such as endowments, pension funds and family offices. Western has served as interim COO since December…
State Street bolsters Asia Pacific senior management team
State Street has appointed Mostapha Tahiri as head of Asia Pacific, and Joanne Chen as head of China. Tahiri, who is based in Singapore, will report jointly to Andrew Erickson, chief productivity officer and chief executive officer for State Street’s international business, and Francisco Aristeguieta, chief executive officer of State Street Institutional Services. Tahiri succeeds…
Frans Annokkee joins CACEIS in the Netherlands
CACEIS has appointed Frans Annokkee as a senior business development manager in the Netherlands. In this role he shares responsibility for asset managers, funds, private equity, real estate and private debt. Prior to this, Annokkee worked at Pictet Asset Management.
HSBC launches two sustainable ETFs
HSBC’s global asset management business has launched two sustainable ETFs: HSBC Emerging Market Sustainable Equity UCITS ETF and HSBC Asia Pacific ex Japan Sustainable Equity UCITS ETF. HSBC’s securities services business will provide custody and fund administration services, while also acting as authorised participant and market-maker.
Kiva appoints UMB to administer Refugee Investment Fund
Kiva, the California-based microfinance provider, has selected UMB Fund Services to provide fund accounting and administration services for the Kiva Refugee Investment Fund.
Citi adds Finland to direct custody & clearing network
Citi is to offer direct custody & clearing (DCC) services in Finland. This new offering expands Citi’s proprietary DCC network to cover the whole Nordic region, making Citi the only international bank to offer a pan-Nordic service. Citi will become a member of Euroclear Finland, the central securities depository, and will access the system through…
Fir Tree Partners selects Arcesium for MO & BO support
Fir Tree Partners, a private investment firm based in New York, has selected Arcesium‘s integrated technology platform and services solution to support its operational model. Arcesium’s platform will provide Fir Tree with a single repository to manage all of its middle and back office workflows, including reconciliation, portfolio analytics, data management, treasury, and cash functions.…
Northern Trust adds ESG reporting capabilities
Northern Trust had added new capabilities to its ESG risk exposure analytics to include new reporting for key environmental data categories. The enhancement enables Northern Trust’s clients to interrogate specific environmental risk indicators for their investments. It also delivers a new ESG Insights: Environment report, providing investors with access to environmental analytics using a range…
Vanguard consolidates MM funds on Charles River IMS
A major coup for Charles River Development, which is owned by State Street, where Vanguard has consolidated management of its taxable money market funds on the cloud-based Charles River Investment Management Solution. Vanguard is already live on the platform, using Charles River IMS across the investment process, from pre-trade to post-trade and compliance. Paul Malloy,…