Sarah Dygulski has joined Gen II Fund Services as head of transformation and business management, based in the U.S. She was previously at J.P. Morgan Asset Management. Gen II has c. USD900bn of private capital assets under administration.
Category: Headlines
HQLAx collaborates with Wematch
HQLAᵡ, the distributed ledger for securities finance and repo, and Wematch, a fintech company offering web-based tools and solutions to enhance the dealing process, has formed a collaboration to enhance the mobility of collateral assets in securities finance transactions. This will pave the way for any of the 90 legal entities and 900 traders already…
BNPP hires head of A&NZ for securities services
BNP Paribas Securities Services has appointed Daniel Cheever as head of securities services for Australia and New Zealand. He joins from State Street where he was most recently head of global services for Australia. Based in Sydney, he reports to Franck Dubois, head of securities services Asia Pacific at BNP Paribas, and Karine Delvallée, CEO…
RBC I&TS hires global head of client service
Cesar Rainusso has joined RBC Investor and Treasury Services global head of client service and success. Based in Toronto, he was previously at Accenture.
State Street hires in Australia
Cleyde Hazell has joined State Street in Australia as a managing director in the alternatives client segment for APAC. She was previously at BNP Paribas.
PolySign hires chief revenue officer
Ray Kamrath has joined PolySign as chief revenue officer. PolySign owns Standard Custody & Trust Company and acquired MG Stover earlier this year.
Apex acquires in New Zealand
Apex is to acquire Implemented Investment Holdings Limited, the parent company of Implemented Investment Solutions and InvestNow. IIS provides investment services to large global fund managers, enabling them to establish and distribute New Zealand domiciled funds to their investors. Their clients also include New Zealand-based investment companies, including specialist investment managers, KiwiSaver providers, adviser groups,…
SS&C combines fund admin and servicing businesses
SS&C has appointed Bhagesh Malde to lead its newly combined global fund administration and servicing business. The new group will continue to operate as SS&C GlobeOp and brings together SS&C’s hedge fund administration, private markets administration, middle office, and insurance global servicing capabilities. Services also include middle- and back-office outsourcing and loan servicing. Malde will…
RBC wins City of Richmond Hill mandate
RBC Investor & Treasury Services has been appointed by the City of Richmond Hill to provide custody and reporting services for the city’s consolidated assets. Bernard Yu, financial management advisor at Richmond Hill, said: “We have chosen RBC I&TS because of its solid track record in servicing other municipalities and adaptability to the evolving technological…
Apex to acquire in Canada
Apex plans to acquire Prometa Fund Support Services Inc., a Canada-based provider of fund services. Prometa delivers fund services to clients in Canada, the U.S., and Bermuda, including hedge funds, LSVCCs and mortgage investment corporations. Prometa administers >CAD28bn (USD21.5bn) for approximately 50 fund companies representing more than 180 funds and approximately 225,000 individual investors. The…