Declan McCarthy has joined SS&C as CIO, global investor & distribution solutions in Europe. He is based in Dublin. McCarthy previously spent nearly 12 years at State Street, most recently as global head of IT relationship management.
Category: Bank Providers
HSBC shakes up M&SS management
HSBC has made major changes to the senior management team of its markets & securities services business. Following the integration of its M&SS operations teams into a single unit, HSBC has now moved to unify elements of the front office, which involves the elimination of some co-head roles. Richard Godfrey, who was co-head of securities…
CRD collaborates with DirectBooks
Charles River Development, a State Street company, is collaborating with DirectBooks, enabling investment firms to manage primary issuance workflows in the Charles River Investment Solution (Charles River IMS). DirectBooks optimises primary issuance of fixed income securities by streamlining communications workflows between underwriters and institutional investors. Currently, 22 underwriters and over 250 institutional investors, including 17…
BBH announces four RMs for inserv business
In the clearest signal yet that the State Street deal to acquire Brown Brothers Harriman’s investor services business in far from certain, BBH has announced four new senior relationship managers. Mariana Kelly joins from BNY Mellon where she worked as a relationship manager for Latin American clients and held roles in business development, project and…
ART consolidates with State Street
Local media reports in Australia suggest that the AUD230bn (USD148bn) Australian Retirement Trust has consolidated custody and administration with State Street. ART was formed following the merger of QSuper and Sunsuper. QSuper, the larger of the two funds, had previously used Northern Trust, whilst State Street serviced Sunsuper.
CRD hires BNY Mellon veteran
Jeremy Shaw has joined Charles River Development, a State Street company, as a relationship manager in the UK. He previously spent more than 13 years at BNY Mellon.
Coremont hires CTO
Coremont, a UK-based provider of front-to-back portfolio management support for hedge funds and institutional asset managers, has appointed Balaji Krishnamurthy as chief technology officer, based in the U.S. He joins from JPMorgan Chase, where he oversaw middle office and post-trade technology, based in New York. This follows the recent appointments of Akbar Sheriff as global…
U.S. Bank adds to senior management team in Lux
U.S. Bank has appointed Bardad Sambou as managing director – operations and client service, in Luxembourg. This follows the recent promotion of Didier Delvaux, head of Luxembourg, to head U.S. Bank’s global fund services business in Europe. Sambou previously spent more than 16 years at State Street.
Citi to service Sanlam Private Wealth
Citi has been appointed by Sanlam Private Wealth, a South Africa-based wealth manager, for a range of services, including execution, cash and custody for Sanlam Private Wealth’s non-domestic client securities. The appointment forms part of a transformation of Sanlam Private Wealth’s business model, which includes a new investment platform and the outsourcing of trading and…
Cooper Wood appoints brand ambassador
Cooper Wood & Associates, the UK-based asset management and asset servicing consultancy, has appointed Terry Alleyne as a brand ambassador, which will involve him engaging with existing clients, and developing and promoting the Cooper Wood brand to a broader audience. Alleyne spent 23 years with Citi, and was most recently a relationship manager in HSBC’s…