Aberdeen Standard Investments, the UK-based asset manager with AuM of c. USD562bn, has extended its transfer agency relationship with SS&C and IFDS to its Luxembourg division. SS&C will provide BPO and global transfer agency services to Aberdeen Standard Investments Luxembourg S.A., with local support from IFDS, a JV between SS&C and State Street. Aberdeen Standard…
Category: State Street
Coremont hires Michele Deely as head of sales and client relations
Coremont, which was spun out from Brevan Howard in 2018, has hired Michele Deely as head of sales and client relations. Deely spent 17 years at IFS, a State Street company. State Street signed a deal with Coremont earlier in 2020 to provide an integrated front-to-back service for hedge fund managers.
Charles River hires Peter Adams as head of business development
Charles River Development, the OMS provider that is owned by State Street, has appointed Peter Adams as head of business development. He joins from Finomial, before which he worked for 13 years at Eze Software, a competing OMS provider that is now owned by SS&C.
State Street launches cloud-native data management platform
State Street has launched its Alpha Data Platform, an end-to-end data management and warehouse solution for institutional investment and wealth managers. The platform enables clients to assemble and access investment data spanning internal and third-party services across their investment processes. It provides access to front office data in near real-time, and incorporates data catalog and…
Ann Fogarty leaves BNY Mellon to join State Street
Ann Fogarty, who has been at BNY Mellon and its legacy brands for 15 years, is leaving to join State Street. BNY Mellon appointed Fogarty as interim global head of operations following Lester Owens’ departure earlier this year. She had previously been global head of accounting services. At State Street, it is understood she will…
State Street leads Series C funding for Lukka
Lukka, a crypto asset software and data provider, has completed its Series C funding, led by State Street, with participation from S&P Global, and CPA.com, the business and technology subsidiary of the AICPA. Lukka will continue to expand its existing institutional-grade software and data products for traditional businesses and funds as they adopt crypto assets…
Janus Henderson appoints SS&C/IFDS for global TA
Janus Henderson, the global asset manager with c. USD360bn AuM, has chosen SS&C and IFDS to provide global transfer agency services for its funds. The scope of the mandate will cover funds in jurisdictions outside the U.S. The first stage of the project saw more than 15,000 Irish accounts with more than EUR10bn of assets…
State Street adds to collateral management team
State Street has appointed Staffan Ahlner as global head of Collateral+, a part of the funding and collateral solutions group. Ahlner, who previously led BNY Mellon‘s global collateral management business, will manage State Street’s Collateral + team to build on the company’s core collateral management capabilities and develop future collateral management solutions. Ahlner will report…
Glenmede adds equity trading to State Street mandate
Glenmede Investment Management L.P., a U.S.-based money manager with USD11bn AuM, has appointed State Street to provide outsourced non-US equity trading and middle office services for GIM’s international equity strategy. This mandate adds to the recently extended investment servicing relationship covering custody, accounting, fund administration and transfer agency solutions for the Glenmede Funds.
State Street hires Christian Bongiovanni as EMEA insurance segment head
State Street has appointed Christian Bongiovanni as the regional segment head for insurance in EMEA. Based in Milan, Bongiovanni is responsible for advancing the end-to-end service proposition for the firm’s insurance clients. He reports to Akhil Jain, global head of insurance, and Jörg Ambrosius, head of EMEA. Bongiovanni joins from The Boston Consulting Group, where…