Finbourne Technology, a provider of interconnected data and technology solutions for the investment industry, has appointed Marc Flamini as head of sales for the Americas. Prior to joining Finbourne, Flamini spent 23 years in senior leadership positions at SS&C Advent.
Category: FinTech
Pirum hires from Rimes
Pirum, the fintech for securities finance automation and collateral management, has hired Rhys Chapman as global customer success director, overseeing customer success, client services, and client onboarding. Based in London, Chapman joins from Rimes.
Euroclear connects with BBH
BBH has partnered with Euroclear to provide SWIFT message transformation and network connectivity for its new bilateral repo service. To effectively communicate with custodians across inter-dealer markets, Euroclear is deploying BBH Infomediary Data Solutions, a set of data management capabilities that help financial institutions overcome their operating model challenges across their network of providers. The…
BNPP partners with Broadridge
BNP Paribas’ securities services business has partnered with Broadridge to expand its global custody services, appointing Broadridge as service provider for its global securities class action services.
PACT selects LemonEdge
PACT Capital, an independent GP stakes firm for middle-market fund managers, has selected LemonEdge, the fund accounting solution for private markets funds, to anchor its back-office operations. Headquartered in New York, PACT leverages advanced technology, including its proprietary imPACT platform, to assist fund managers in improving internal operations as well as outcomes for underlying portfolio…
NPS goes live on Aladdin
NPS, the Korean pension system, has gone live on BlackRock‘s Aladdin platform, integrating State Street‘s and BNY’s middle office and investment operations services for equity and fixed income assets respectively.
Hazeltree appoints new CEO
Hazeltree, a provider of treasury and liquidity management solutions, has appointed Lokesh Seth as CEO, following the recent departure of Stephanie Miller. Hazeltree also made additional leadership appointments: Douglas Trafelet has joined as chief commercial officer, whilst Kyri Yiannakis has been promoted to chief client officer.
HUB wins new mandate
HUB, the fund services provider in which State Street has a stake, has been appointed by Gresham House Ireland to provide HUB Performance Reporting, a SaaS solution designed to automate and simplify performance reporting and factsheet production. Gresham House Ireland, an alternative asset manager, will use HUB to automate performance reporting, standardise factsheet generation, and…
Temenos to sell Multifonds
Temenos, the banking software company, has signed an agreement to sell Multifonds, its fund administration software business, to Montagu Private Equity, a European private equity firm, for a total enterprise value of about USD400m, including an earnout. The Multifonds executive management team will invest alongside Montagu. The transaction is subject to customary closing conditions and…
Senior BBH exec joins SimCorp
SimCorp, the fintech owned by Deutsche Börse, has appointed Keith Haberlin as global head of business services, sales. Based in Boston, Haberlin joins from BBH, where he was co-head of Infomediary Data Solutions.