Kelly Mathieson has joined Jaid’s board of directors. UK-based Jaid is an Al-powered automation platform that extracts critical data from all company and client communications across all channels. It analyses and organises the data into meaningful, actionable insights and integrates with existing systems and workflows. Mathieson spent 26 years at J.P. Morgan in a variety…
Category: Bank Providers
CACEIS adds OSMOZE to app store
CACEIS has agreed with Heavenize, a fintech specialising in front-office software, to offer OSMOZE, a decision-making dashboard for all asset classes, to management companies and institutional investor clients. Available via the Connect Store, CACEIS’ subscription hub for fintech partners’ services, the OSMOZE platform provides portfolio managers with asset management and investment simulation tools to fine-tune…
SEBA Bank hires APAC CEO
SEBA Bank, the Swiss-based crypto bank, has appointed Amy Yu as CEO of its APAC division. Yu will initially be located in Singapore. SEBA Bank recently opened a Hong Kong office. She previously worked at Genesis as APAC head of sales. Prior to her move into the digital assets space, Yu supported the development of…
CACEIS to support SideCaps
Germany-based fintech SideCaps has launched a block trade platform for listed SME secondary-line stocks. The platform is designed to create a liquidity pool for German SME block trades. Vertically integrated with XETRA and Eurex CCP, SideCaps provides counterparty risk management and settlement discipline. CACEIS will settle and clear cash equity transactions for all trades executed…
Illinois Firefighters consolidate with Northern Trust
The Illinois Firefighters’ Pension Investment Fund (FPIF) has selected Northern Trust to provide custody services for the combined pension assets of approximately 300 firefighter pension funds across suburban Chicago and downstate Illinois. Created by the Illinois Pension Code in 2019, the FPIF is responsible for consolidating, managing and investing the assets of municipal and fire…
SNB Capital taps Broadridge for sec finance
SNB Capital, the largest broker and asset manager by market share in Saudi Arabia, has chosen Broadridge to help build its local securities lending and borrowing business. SNB Capital will deploy Broadridge’s securities finance and collateral management (SFCM) service, a front-to-back SaaS solution. SNB Capital has a significant global custody and data management alliance with…
State Street confirms ART deal
State Street has confirmed the news that first broke last year that it has been appointed to provide custody, investment administration and data management services to Australian Retirement Trust (ART), one of Australia’s largest super funds. ART was formed by the merger of Sunsuper and QSuper and manages >AUD230bn (USD160bn) in retirement savings for its…
Ocorian hires head of global funds for Lux
Ocorian, the C.I.-based administrator, has appointed Peter Corry as head of global funds, Luxembourg. He joins from IQ-EQ where he spent the last three years as country delivery director for its Luxembourg operations. Prior to this, he was managing director of State Street’s private equity and real estate fund administration business in Luxembourg.
New chair at CIBC Mellon
Roman Dubczak, deputy chair of CIBC Capital Markets, has been named chair of the board of directors for both CIBC Mellon Global Securities Services Company and CIBC Mellon Trust Company. He replaces Dan Smith, who steps down as chair of both boards. Dubczak is responsible for senior client relationships and strategy at CIBC Capital Markets.…
State Street adds FIX API to ETF platform
State Street has launched a FIX API for its Fund Connect ETF platform, its global online portal for the creation and redemption of ETFs within the firm’s GlobalLink product suite. The FIX enhancement, now available to all participants on the platform, offers connectivity and electronic communication through an industry protocol widely used in electronic trading.…