TMF Group Fund Operations (Ireland) Limited, part of the TMF Group, a Netherlands-based provider of compliance and business administration services, has received authorisation from the Central Bank of Ireland to offer fund administration and transfer agency services to alternative funds. The licence comes after the acquisition of Goodbody Fund Management, the AIFM and ManCo division…
Category: Headlines
Altum hires UK director
Altum Group, a C.I.-based provider of fund and corporate administration solutions, has appointed Clare Hartnell as its new director in London. She joins from Langham Hall where she was head of the UK.
BK hires global custody ops head
BNY Mellon has hired Christopher Summers as global head of custody operations. He joins from J.P. Morgan, where he had a 30-year career.
Citi expands with Multifonds
Citi has extended its 20-year relationship with Multifonds to consolidate its current regional fund accounting operation into a global operating model through the Temenos Multifonds SaaS solution. Citi’s move to a global operating model for its fund services business, and from an on-site platform to Multifonds SaaS, will enable it to manage its business across…
HSBC hires global head of funds & trustee services
HSBC has hired Julie Kerr as global head of funds & trustee services. She joins from Citi and will be based in Hong Kong. She reports to Fiona Horsewill, global head of securities services, and joins HSBC’s securities services ExCo. She spent five years at Citi, where she was most recently APAC co-head of sales…
U.S. Bank promotes Kedia
U.S. Bancorp, parent company of U.S. Bank, has appointed Gunjan Kedia as its new president, reporting to Andy Cecere, who will retain the titles of chairman and CEO. Based in Minneapolis, Kedia, 53, will oversee the company’s core business lines: consumer and business banking; payment services; corporate & commercial banking; and wealth, corporate, commercial and…
CRD poaches APAC head from FactSet
Charles River Development, a State Street company, has appointed Vinayak Bhat as head of Asia Pacific, where he will be responsible for all business oversight within the region and collaboration with State Street Alpha, the front-to-back asset servicing platform. He joins Charles River from FactSet Research Systems where he was head of the Asia Pacific…
Aztec hires U.S. markets chief
Aztec Group, the C.I.-based fund and corporate services provider, has appointed Scott Kraemer to lead its offering across North America as head of U.S. markets. Aztec entered the U.S. in 2021 with its first office in Philadelphia, where he will be based. Kraemer’s most recent role was as Vistra’s head of alternative investments for the…
ATLAS appoints Citco
ATLAS SP Partners, a provider of structured and asset-backed credit to institutional borrowers and institutional investors, has appointed Citco to provide operational loan and bond accounting as well as administration services for its balance sheet and fund products. Citco has a loans portfolio of >USD200bn across 28,000 loan facilities.
Centralis expands in Europe
Centralis, the Luxembourg-based provider of alternatives and corporate administration and business solutions, has opened an office in Madrid, Spain. Elena Perez will head the office as general manager. The new office will cater to both the alternatives and corporate financing sectors.