First Abu Dhabi Bank has chosen Broadridge to support the build-out of its global agency securities finance business.
Category: Headlines
BNY hires in UAE
BNY has appointed Madiha Sattar as managing director and growth ventures partner, in a global role based in the United Arab Emirates. In this newly created role, Sattar joins the leadership team of BNY’s growth ventures business. Sattar joins BNY from Careem, the MENA region’s largest tech exit.
Ocorian and AssetMetrix launch platform
Ocorian, a C.I.-based provider of fund administration, fiduciary, and compliance services, has launched a reporting and analytics technology platform in a partnership with AssetMetrix. The platform equips general partners with tools for live web reporting, workflow management, and data transparency, powered by AssetMetrix, a provider of digital solutions for private markets.
SS&C signs with Insignia
SS&C has signed an initial agreement with Insignia Financial, an Australia-based administrator, to deliver superannuation member administration services. Insignia Financial supports around 1.1m superannuation fund members through its wealth management offerings. Upon signing a final binding agreement, more than 1,000 team members in seven offices across Australia will transfer from Insignia to SS&C.
Avanza outsources to Northern Trust
Avanza Fonder, a Stockholm-based fund company providing services for private clients, has appointed Northern Trust to provide its Integrated Trading Solutions (ITS) outsourced trading desk services. Avanza Fonder is a wholly owned subsidiary of Avanza Bank Holding. The fund company manages funds in-house and in collaboration with other managers. Northern Trust will provide outsourced trading…
UI efa wins new mandate
UI efa, the Luxembourg-based member of Universal Investment Group, has been appointed to administer Blue Earth Capital’s new open-ended, semi-liquid fund focused on global private credit. Blue Earth Capital is headquartered in Switzerland and has operations in New York, London, and Konstanz.
BNY hires from Goldman Sachs
BNY has hired Rajashree Datta as deputy chief risk officer. She will be a member of BNY’s ExCo, succeeding Senthil Kumar as BNY’s chief risk officer in 2025, following a transition. Datta joins BNY from Goldman Sachs where she most recently served as a partner and global head of finance risk, responsible for overseeing liquidity,…
Valu-Trac to deploy Multifonds SaaS
Valu-Trac Investment Management Limited, a UK management firm, has selected Temenos Multifonds SaaS to support the development and growth of its fund administration and transfer agency business. Valu-Trac will replace its in-house, on-premise systems with the full end-to-end solution, Temenos Multifonds Global Accounting (MFGA) and Multifonds Global Investor (MFGI), Valu-Trac, offers a range of services,…
Deutsche Börse promotes Kromann
Deutsche Börse AG’s supervisory board has appointed SimCorp CEO Christian Kromann to the executive board of Deutsche Börse AG where he will oversee the Investment Management Solutions (IMS) division. IMS is comprised of two businesses, SimCorp and ISS STOXX. SimCorp veteran and COO Georg Hetrodt will assume Kromann’s current responsibilities as CEO.
Apex partners with Ownera
Apex has partnered with Ownera, a provider of tokenisation interoperability solutions, to deliver Apex’s range of services to any financial institution and issuer with an Ownera router. Ownera’s routers interconnect many of the world’s leading tokenisation platforms, including Digital Assets Canton, R3 Corda, Besu, Quorum, and Tokeny, extending access from these environments to buy-side demand,…