Broadridge and Digital Asset have made minority investments in HQLAX, a provider of digital collateral mobility solutions, through its Series C‑1 funding round. The investment will support HQLAX’s next phase of growth, including the continued evolution of its technology platform, collaboration with Broadridge’s Distributed Ledger Repo platform, and a planned migration to the Canton Network.
Category: Headlines
Aztec confirms head of real assets
Aztec Group, the C.I.-based provider of private markets services, has confirmed Richard Anthony as global head of real assets. He was previously interim head of real assets, having been with Aztec for 13 years.
Alchelyst adds senior managers
Alchelyst, the Ireland-based investor solutions and infrastructure partner for private markets asset managers, has appointed three managers to its leadership team: Jeff Dorigan, MD, head of U.S. sales, spent eight years at Brown Brothers Harriman. Karl McDonald, MD, transformation, was previously global head of hedge fund operations at BNY. Sinéad O’Sullivan, MD, investor solutions, was…
SG-FORGE appoints chief business officer
Gildas Le Treut has been appointed chief business officer for SG-FORGE, the digital assets service provider that is wholly owned by Société Générale. Le Treut has spent eight years at SGSS, most recently as a member of the ExCo and co-head of coverage, marketing & solutions, based in Paris.
NTRS integrates with Canton Network
Northern Trust has entered into an agreement with Digital Asset Holdings to support the development of custody capabilities for tokenised financial assets. As part of this agreement, Northern Trust will integrate with Canton Network’s infrastructure to develop and deploy applications that bridge digital and traditional markets, supporting institutional grade custody and asset servicing workflows for…
Schafer Cullen transitions to Ultimus
Cullen Capital Management (Schafer Cullen) has transitioned six mutual funds to Ultimus Fund Solutions. After initially partnering with Ultimus for middle office services, Schafer Cullen expanded the partnership to include fund administration for its six mutual funds, which have USD2.6AuM.
Altum appoints ManCo global head
Altum, the UK-based administrator, has appointed Christian Hertz as managing director and global head of ManCo. He will lead the Luxembourg AIFM team, overseeing operations, client service and business development. He will also serve as a director on the AIFM board, He was previously at LIS.
Simcorp appoints head of UK & Northern Europe
SimCorp, the Deutsche Börse-owned fintech, has appointed Neslihan Yegul to support the company’s clients in UK and Northern Europe, as senior managing director of the region. She will report to Oliver Johnson, CRO, based in London. Most recently, Yegul was at S&P Global (formerly IHS Markit and Markit).
Highvern appoints head of Americas funds
Highvern & Permian, the administration group backed by Jacobs Capital, have hired Anne Storie as head of funds Americas, based in the Cayman Islands. She will join the group’s ExCo and the Cayman-regulated boards, subject to regulatory approval. She was most recently global head of strategic alliances and country head of Cayman Islands at Apex.
Apex teams up with Global Tax Recovery
Apex has formed a partnership with Global Tax Recovery, a specialist in recovering excess foreign withholding tax on dividends and interest. Under the partnership, Apex will introduce Global Tax Recovery to its clients as a preferred vendor. FundRock, the Apex-owned Luxembourg operation, will work exclusively with Global Tax Recovery for all withholding tax recovery across…