AccessFintech, the data management network in which BNP Paribas and BNY Mellon have a stake, has partnered with J.P. Morgan’s securities services business to enable tax reclaims data set on Synergy, the AccessFintech multi bank network. J.P. Morgan becomes the first custodian to provide this solution to the market, increasing the efficiency of tracking tax…
Category: FinTech
Jaid appoints CXO
Jaid, a provider of AI-as-a-service focused on client service automation, has appointed Lauren Hayes as chief experience officer. She was most recently head of client experience strategy and operations at FIS.
State Street links with LoopFX
State Street has entered into an agreement to make the LoopFX functionality available through FX Connect, part of the GlobalLink suite of e-trading platforms, technology and workflow solutions. LoopFX is creating a new liquidity venue for large spot FX trades by centralising peer-to-peer matching with bank interest. This will enable traders to identify, in real-time,…
Northern Trust develops carbon credit exchange
Northern Trust has completed the first stage toward an industry-wide voluntary carbon credit ecosystem that would allow institutional buyers to digitally access carbon credits from leading project developers. This follows Northern Trust’s milestone of completing fully automated transactions on the initial MVP digital carbon credit platform it has developed with carbon avoidance and removal project…
Citco expands client collaboration platform
Citco, the asset servicing provider to the alternative investment industry, has made the Citco Collaboration Platform available to a wider range of private markets clients, and added further functionality. The platform, which allows clients to carry out a variety of interactions with Citco through a single window via CitcoOne, now serves not only private equity…
Northern’s FOS gains global mandates
Northern Trust has reported an expanding global presence for its Front Office Solutions (FOS) business, with the addition of new clients in EMEA. FOS has recently been deployed by three organisations – an asset manager, a university endowment and a pension fund – in EMEA with approximately USD75bn in assets. Globally, FOS has nearly USD500bn…
Fundrella appoints COO
Fundrella AB, the Sweden-based fintech, has appointed Struan Malcolm as chief operating officer. Malcolm was most recently head of Nordic sales for Northern Trust’s asset servicing business. Fundrella is a matchmaker in asset management, allowing professional investors to discover funds that align with their ESG criteria.
Fenergo signs Arendt
Arendt Services, the Luxembourg-based administrator, has signed a deal with Fenergo, the Ireland-based provider of CLM and KYC/AML services. Arendt Services will leverage Fenergo’s Saas CLM solution for client onboarding and maintenance.
SimCorp hires CMO
SimCorp has appointed Gretchen Garrigues as chief marketing officer. Based in New York, she will be responsible for marketing, branding and communication. Prior to joining SimCorp, Garrigues was founder and global CMO of the Global Growth Marketing Group, a consulting firm.
Standard Custody partners with GSR
Standard Custody & Trust Company, the regulated limited purpose trust company and qualified custodian owned by PolySign, is working with GSR Markets Limited, a digital asset liquidity provider and trading firm, to support its escrow services. Standard Custody has created an escrow solution that clients can leverage through its collaboration with GSR and other trading…