HSBC has launched a digital platform for both general and limited partners of global fund of funds to have better transparency of their underlying private asset investments, such as real estate, private equity, infrastructure or structured debt. The platform is powered by eFront Insight technology, BlackRock’s private markets technology solution from Aladdin. The new platform…
Category: Bank Providers
Mallett joins GoldenSource
Marc Mallett, previously chief strategy officer at Northern Trust, has been appointed as chief commercial officer at GoldenSource, a U.S.-based data management firm.
Haycen appoints NTRS
Northern Trust has been selected by Haycen Bermuda Ltd., a trade finance digital payments provider with operations in the UK and Europe, to provide global custody and money market fund services. Under the new mandate, Northern Trust will provide Haycen with global custody services for its client fiat deposits. Northern Trust Asset Management will provide…
BNPP upgrades NeoLink
BNP Paribas has rolled out the next generation of its reporting solution on its NeoLink client platform. The web app, named My Reporting, brings together a unified space, greater control over data, increased efficiency and improved collaboration. My Reporting provides users with access to a unified and intuitive space where they can manage data and…
Pirum hires from J.P. Morgan
Pirum, the fintech for securities finance automation and collateral management, has hired Ed Corral as head of collateral services. Corral joins Pirum’s New York office to lead the expansion of CollateralConnect, the firm’s collateral management and optimisation solution. Corral joins Pirum from J.P. Morgan, where he was global head of collateral management.
ProCapital expands with BNPP
BNP Paribas has been mandated by ProCapital, an investment services provider and subsidiary of Crédit Mutuel Arkéa. The mandate covers European markets and includes local and global custody, clearing, securities lending, AutoForex, execution and clearing of listed derivatives. ProCapital will deploy BNP Paribas’ execution-to-custody solution, ensuring the integration of cash equities trade execution in Germany,…
iA Group upgrades with CIBC Mellon
CIBC Mellon and BNY have launched what they claim is the first integrated investment operations solution in Canada, marking a significant milestone in their collaboration with iA Financial Group to further optimise its investment management technologies. The solution represents a comprehensive service model, including the first outsourced general insurance fund accounting solution in Canada. This…
Bayer appoints Northern Trust for carbon credits
Northern Trust has been selected by Bayer to act as one of its providers for the digital lifecycle management of the Bayer Carbon Program, the company’s voluntary carbon credits program. A part of Bayer’s carbon credits inventory has been recorded on The Northern Trust Carbon Ecosystem, a digital platform for the end-to-end lifecycle management of…
U.S. Bank launches closed-end fund solution
U.S. Bank Global Fund Services has introduced its CEF Accelerator Platform, which provides a cost-effective way for investment managers to launch alternative investment products through registered closed-end funds. Rockefeller Municipal Opportunities Fund from Rockefeller Asset Management is the first fund to use the platform. The CEF Accelerator Platform brings a suite of partners – legal…
Chris Cox to head Citi’s investor services business
Chris Cox has been appointed head of Citi’s investor services business, effective immediately. He reports to Shahmir Khaliq, head of services, Citi. As head of investor services, he will be responsible for Citi’s custody, fund services and execution services businesses. He was previously head of trade and working capital solutions for Citi, also part of…