The board of directors of CACEIS has appointed Jean-Pierre Michalowski as CEO, effective 6 March 2023. He will also become a member of Crédit Agricole S.A. management committee. He was most recently senior country officer of Singapore at Crédit Agricole CIB. Michalowski takes over from Jean-François Abadie, who spent six years as CEO. He has…
Category: Headlines
Talos partners with Formidium
Talos, the U.S.-based provider of institutional digital asset trading technology, has partnered with Formidium, which provides digital assets fund administration services. Talos end-users worldwide – institutional investors on the buy-side and the sell-side, including traditional finance and crypto-native firms – can now leverage Seamless Digital, Formidium’s digital assets and tax accounting platform. Seamless Digital consolidates…
SimCorp hires NA MD
SimCorp, the European provider of SaaS investment management solutions has appointed John Needham as managing director of SimCorp North America. Based in Toronto and reporting to CEO Christian Kromann, Needham will primarily focus on business development and setting strategic direction for the >230 SimCorp North America employees, seeking to sustain the consistent double-digit growth the…
IDR launches next-gen subscription service
IDR, the fintech specializing in the private markets sector, has launched its next-generation subscription service. Integrating fund subscription alongside its internationally compliant KYC and tax services with prepopulated investor profiles, IDR authenticates investors once across their global portfolio. IDR’s next generation subscription service connects fund managers and investors instantly via a single access token rather…
Centaur joins Waystone
Centaur Group, the Ireland-based fund administration and fiduciary services provider, is now part of the Waystone Group, following completion of the acquisition. Centaur’s founders – Karen Malone, Ronan Daly and Eric Bertrand, will join Waystone. The transaction will broaden Waystone’s service offering to asset managers and their investors, adding fund administration to its existing ManCo…
Link signs with Milestone
Link Fund Solutions, the European arm of Australia’s Link Group, will adopt Milestone Group’s pControl Oversight platform. Australia-based Milestone, which is owned by BNY Mellon, provides oversight and backup NAV solutions to the investment management industry. pControl Oversight will allow Link Fund Solutions to independently verify NAVs received from its fund administrators and to mitigate…
Krypton hires from SS&C
Rechilda Tallman has joined Bermuda-based Krypton Fund Services as an account manager, based in Canada. She previously spent seven years at SS&C GlobeOp.
Apex to acquire ALFI Partners
Apex is to acquire ALFI Partners, a third-party marketer. Based in Luxembourg, ALFI Partners promotes a selection of leading international asset management firms to qualified investors. Through ALFI Partners’ network, the business enables European investors and non-European asset managers to meet and build productive relationships. Since its creation, over EUR20bn has been invested through ALFI…
Zurich Bank expands with BNPP
Zurich Bank has appointed BNP Paribas for custody of Italian and foreign securities and for the settlement of fund units for total assets of c. EUR3bn (USD3.25bn), expanding a longstanding relationship.
TMF promotes Porta to lead APAC BD
TMF Group, a Netherlands-based professional services firm, has appointed Albert Porta as head of business development for the APAC region. Porta has worked for TMF Group in Hong Kong for six years, latterly as head of business development in Singapore, Australasia and Malaysia, a role he will retain in addition to his new regional responsibilities.…