CIBC Mellon is advancing its fund accounting operations through the deployment of ControliQ, an ActiveOps solution. ActiveOps specialises in decision intelligence, aimed at providing data to support the efficiency and decision-making capabilities of service operations. ControliQ is part of its product suite, focusing on operational performance management and providing AI-driven insights to help teams improve…
Category: Bank Providers
NT participates in green bond project
The National University of Singapore, Northern Trust and UOB have collaborated on the launch of a first-in-market initiative aimed at tokenising green bond credentials. NUS is the first university in Singapore to implement blockchain technology for ESG reporting. The tokenisation process will focus on ensuring data integrity, providing investors with confidence that the environmental impact…
SGSS appoints deputy CEO
SGSS has appointed Gaelle Duclos as deputy head, based in Paris. She was previously global head of banking and fund services operations.
Pirum hires for U.S. expansion
Pirum, the UK-based technology provider for securities finance automation and collateral management, has hired Reid Cheyne as director of fixed income sales, Americas. Following RepoConnect’s success, he will lead on accelerating Pirum’s expansion in the U.S. and wider North America’s fixed income industry. He was most recently at Citi, where he moved from directing fixed…
Maurier wins expanded role
Mathieu Maurier, who has run the SGSS operation in Luxembourg for more than six years, has been rewarded for his highly successful tenure with an expanded role as regional head of Luxembourg, Ireland & Germany.
SC hires top SGSS manager
Laurent Marochini has been appointed as CEO of Standard Chartered’s new entity in Luxembourg, which will act as its EU entry point for the provision of crypto and digital asset custody services to EU clients, following implementation of MiCA regulation. Marochini joins from Société Générale where his last held position was head of innovation.
NT hires for Guernsey
Northern Trust has appointed Nick Leale as MD for its banking operations in Guernsey. He was previously an independent consultant.
NT wins another UK pension fund
South Yorkshire Pensions Authority, a UK local authority with GBP11bn (USD13.5bn) AuM, has appointed Northern Trust as custodian for the South Yorkshire Pension Fund. A factor in this decision was Northern Trust’s existing relationship with the Border to Coast Pensions Partnership.
Equiniti hires Kramer
Equiniti, the UK-based shareholder services business, has appointed Dan Kramer as chief executive to lead its combined global shareholder services division. Kramer and his leadership team will focus on unifying EQ’s current UK and U.S. shareholder services divisions into a single business unit. Kramer will report to the group chief executive officer, Paul Lynam, and…
NT promotes Pickett
Northern Trust has appointed Melanie Pickett as head of asset servicing, Americas, leading its business serving institutional, corporate and asset manager clients in the region. Pickett, who has been head of asset owners Americas since 2022, will continue to oversee product and service delivery to asset owner clients, including pensions, foundations, endowments, insurance companies and…