Clearwater Analytics, a U.S.-based provider of investment management, accounting, reporting, and analytics solutions, has appointed George Hindmarsh as head of sales and business development for Asia-Pacific. He joins Clearwater from Citi, where he held senior roles in securities services across London, Edinburgh, Singapore, and Hong Kong. Most recently, he was responsible for Japan, Asia North…
Category: Bank Providers
BBH simplifies account opening
BBH has connected its API solution with Clearstream to simplify the account opening process for investors. The connection allows account opening requests to be sent electronically between BBH and Clearstream by transmitting investor information over the API, reducing manual processing risks and improving efficiency of the onboarding experience.
State Street hires NA head
State Street has appointed Sarah Salih as EVP and head of North America for its investment services business. Salih is based in Boston and reports to Joerg Ambrosius, president of State Street Investment Services. She joins from HSBC Securities (USA), where she was most recently head of regional coverage, Americas.
Citco appoints RE co-heads
Citco, the asset-servicing provider to the alternative investment sector, has appointed Michelle Clements and Joep Hamers as co-heads of real assets, Citco Fund Services. Clements, based in North America, joined Citco in 2022 as the head of North America real assets. Prior to joining Citco, she was with BNY for seven years as head of…
Pekin to leave Citi
After 35 years with Citi, the last 11 as global head of securities services, Okan Pekin is leaving the bank. It is understood that he will take some time off and that he is not moving to a competitor. In the meantime, issuer services will report directly to Shahmir Khaliq, head of services, whilst a…
Osman joins Waystone
Ali Osman has joined Waystone as head of product pricing and leads global pricing strategy. Before joining Waystone he was product manager for institutional investors at BNP Paribas. Prior to this, he held a combination of product solutions, strategy and financial management roles in both the UAE and the UK for Citi’s custody and fund…
Guerin moves to new role at SG
Mathilde Guerin, one of the superstars of the SGSS senior management team, has left the business to take a new role as deputy head of cash clearing & correspondent banking. Guerin joined SGSS in 2011, and was most recently global head of product engineering. SGSS recently appointed Gaëlle Duclos (another superstar) as deputy head.
HUB wins NAV oversight mandate
HUB, the fintech that is partly backed by State Street, has won a mandate from Acer Tree Investment Management for HUB NAV Oversight, a SaaS solution designed to optimise and automate NAV processes. Acer Tree, a mid-sized UK-based asset manager specialising in alternative investments, will leverage HUB NAV Oversight to streamline its NAV oversight process.
Langham Hall hires for Lux
Langham Hall, the UK-based administrator, has added two senior managers in Luxembourg. Ian Kent joins from State Street as head of fund administration – Luxembourg, and Brian Campion comes in from CSC as head of commercial – Luxembourg.
UI hires new head of Lux
Universal Investment Group (UI), the Germany-based fund services platform and Super ManCo, has appointed Jeremy Albrecht as its new CEO for Luxembourg. In this role, he will be responsible for heading UI’s Luxembourg platform, which consists of both UI Luxembourg, the largest AIFM and third party ManCo in Luxembourg, and fund administrator UI efa. He…