WallachBeth Capital, a U.S. provider of institutional execution services, has selected HUB Trading Operations, an SaaS solution, for its day-to-day post-trade operational processes. HUB Trading Operations simplifies complex manual tasks, removes dependency on spreadsheets, and accesses key information. HUB will automate the collection and management of data directly into WallachBeth’s operational workflows, providing accurate calculations…
Category: Bank Providers
Waystone hires CPO
Waystone, the Europe-based provider of specialist services to the global asset management industry, has appointed Pervaiz Panjwani as chief product officer. Prior to joining Waystone, Panjwani was at Citi, where he held several global and regional senior roles across product, sales and relationship strategy in asset servicing, including co-global head of fund services, where he…
BBH upgrades TA experience
BBH has launched enhancements to its TA capabilities. The latest developments enhance the global service model with: New UK investor servicing capabilities in partnership with Cashfac. This partnership allows BBH to support a broader range of UK products on the existing platform and reduces operational and regulatory complexity for asset managers on the CASS regime.…
BNY hires for D&A
BNY has hired two senior managers for its data & analytics business. Jay Hinton joins from Forge as global head of product, and Muthian Ratinasabapati joins from AWS as global head of services.
BNY expands in ADGM
BNY has been granted a category 4 licence by the Financial Services Regulatory Authority for the Abu Dhabi Global Market. This increased offer will include custody and administration of collective investment funds, inter alia.
Liontrust expands with BNY/Aladdin
Liontrust, the UK-based asset management company with GBP26bn AuM (USD33bn), has strengthened its data management, delivery and analysis through the implementation of an enterprise portfolio management system that is integrated with a new data ecosystem. The new technology solution improves investment and risk tools, enables productivity gains and enhances the information supplied to Liontrust’s investment…
Northern Trust upgrades with CloudMargin
Northern Trust has launched an enhanced active collateral solution designed to help institutional investors manage their collateral more efficiently while meeting the demands of market change. The capability, delivered in collaboration with CloudMargin, a collateral management fintech, will provide enhanced service capabilities, increased transparency on a real-time basis and platform resiliency. This includes automated asset…
Universal hires chief product officer
Universal Investment Group, the Europe-based fund services platform and Super ManCo, has scored a major coup with the appointment of Ronan Doyle as chief product officer. Doyle joins from CACEIS, where he was global head of product management, based in Dublin, having transferred from RBC following the takeover. U-I has also promoted André Jaeger to…
BBH partners with BestX
BBH has partnered with BestX, the State Street-owned FX TCA vendor, to provide its currency administration platform users with independent TCA. This will improve transparency through independent execution analysis, adding to BBH’s existing FX hedging solutions, which include multi-bank agency execution and performance analytics.
Cote takes new role at U.S. Bank
U.S. Bank has appointed Laura Cote as head of Global Fund Services (GFS) product. Cote has been with U.S. Bank for three years and was most recently a senior product manager for custody within the chief product office organisation. She previously spent 16 years at BBH, where she held operations and relationship management roles, as…