Northern Trust has been selected to provide custody services for Fiji’s sole compulsory superannuation fund, the Fiji National Provident Fund. FNPF is responsible for managing the retirement savings of Fijians in the workforce.
Category: Bank Providers
Citi & Fidelity conclude PoC
Citi and Fidelity International have run a PoC of an on-chain money market fund with a digital foreign exchange swap solution which delivers real-time settlement. This on-chain solution could enable investors to conduct seamless and real-time settlement of multi-asset positions in different currencies. The collaboration is under the aegis of Project Guardian, a Singapore-based collaboration…
Resona expands with BBH
BBH has expanded its relationship with Resona Asset Management Co. Ltd., an investment management firm based in Japan, to include InfoFX, BBH’s automated third-party FX solution. Resona is the first Japanese investment manager to implement InfoFX, a securities-based FX solution that enables automated FX order generation with execution netting capability. InfoFX supports FX orders across…
Northern Trust wins UK pension fund
Northern Trust has been appointed by Cadent Gas Pension Trustee Limited as custodian for its public and private assets, as well as for performance and SORP reporting, for its GBP4.6bn (USD6bn) defined benefit scheme.
Windstream deploys HUB
Windstream Partners, a C-suite outsourced solutions provider, is deploying HUB to automate performance reporting, standardizing factsheet generation, report scheduling, and improving its ability to respond to customised client report requests. HUB automates data preparation and validation, with configurable workflows and dashboards, and direct access to fully governed underlying performance data used in factsheet generation. Windstream…
Davides quits Broadridge
Lauren Davides has joined J.P. Morgan as an executive director in the product management team, based in Boston. Davides spent nearly 10 years at State Street – most recently as chief of staff for its digital business – before a brief spell at Broadridge.
Australian Ethical appoints CRD
Australian Ethical Investment has selected the Charles River Investment Management Solution to automate its front and middle office processes for its entire investment portfolio. Australian Ethical will use Charles River IMS for portfolio and risk management, trading, compliance, performance measurement and attribution, IBOR, and transaction management. It will also use the State Street Alpha Data…
Outset Global selects HUB
Outset Global has selected HUB to provide a SaaS solution to manage its operations. Outset Global, an outsourced trading provider, is using HUB to produce and oversee key metrics, meet custom internal and client reporting needs, and help make key business decisions.
FundGuard launches implementation training
FundGuard, the provider of a cloud-native, AI-powered multi-asset and multi-book investment accounting platform, has launched an implementation partner training program. Meradia, an operations and technology consultant for the investment management industry, is the first client.
J.P. Morgan adds private markets data to Fusion
J.P. Morgan has launched Private Markets Data Solutions for institutional investors, available through Fusion by J.P. Morgan. This is a data management solution for private assets that enables investors, both GPs and LPs, to analyse and gain transparency into their complete portfolio across public and private holdings. Fusion has incorporated data from Aumni, J.P. Morgan’s…