Apex-owned European Depositary Bank has appointed Robert Steele and Jean-François Thils to its executive management board. They join EDB CEO David Claus and managing director Holger Barth as members of the bank’s executive management board. David Rhydderch, previously a member of the board, is stepping down and becoming a member of the board of directors…
Category: Bank Providers
Further changes at HSBC
Further changes at HSBC’s securities business, where Sébastien Danloy continues to lead as interim global head of securities services. Rafael Moral, regional head of securities services of Asia-Pacific & MENAT, will expand his remit as global head of country management for securities services. Brendan Matthews, US country head and Americas COO for securities services, will…
Kevin Duddy joins State Street in Poland
Kevin Duddy has been appointed COO of State Street in Poland. He joins from BNY Mellon, where he spent 15 years, most recently based in Poland as head of EMEA fund accounting.
Brijesh Patel joins SS&C
Brijesh Patel has joined the private markets team at SS&C, based in the UK. He was most recently at Sanne (now part of Apex) and previously spent 15 years at State Street.
Ocorian hires from SS&C
Ocorian, the C.I.-based administrator, has appointed Chris Bickley as business development director (funds). Based in London, he will cover all asset classes in private markets, with a particular focus on renewables and unlisted real estate. He joins from SS&C Technologies where he was a business development manager for private markets, covering private equity, real estate,…
Crestbridge appoints governance director
Crestbridge, the C.I.-based administrator, has appointed Marcelo Gazzi as director, institutional governance services. Governance services includes ManCo, director, client compliance, depository, trustee, Appointed Representative and Operator business units. Gazzi has spent the past 12 years working for HSBC in both the UK and Jersey, where he was most recently wholesale chief administration officer for HSBC’s…
BNP Paribas and SimCorp expand partnership
The securities services business of BNP Paribas has expanded its strategic partnership with SimCorp, a provider of SaaS investment management solutions, to offer insurance accounting and reporting solutions integrated with its custodian and banking services. This collaboration leverages SimCorp’s new SaaS solutions for investment operations and accounting services, and is built on the companies’ longstanding…
HSBC promotes Villecourt
HSBC has appointed Sophie Villecourt as head of account management, UK, for its markets & securities services business. She moves up from her previous role as sales and business development manager for the insurance sector.
CACEIS/BNPP JV receives regulatory approvals
The draft agreement between BNP Paribas’s securities services business and CACEIS to combine their issuer services businesses, first announced in March 2022, has received approvals from the competition and regulatory authorities. The JV will be called Uptevia.
BNP Paribas invests in AccessFintech
BNP Paribas has invested in AccessFintech, a fintech focused on the capital markets’ operating model through data and workflow collaboration. The investment is being made by BNP Paribas’s securities services unit. Clients will be able to enhance operational efficiency through the deployment of AccessFintech’s Synergy data collaboration network. Synergy helps market participants reduce collateral needs…