Skandinaviska Enskilda Banken AB (SEB) is deploying Broadridge’s international post-trade processing solution to simplify and streamline its securities business. SEB is a long-standing user of Broadridge’s front and middle office solutions for order management, trade execution and allocation.
Category: Headlines
NT hires onboarding chief
Spiro Christopulos has joined Northern Trust as global head of client onboarding, based in Boston. He previously held a similar role at State Street.
BNP Paribas wins in Australia
BNP Paribas’ securities services business has been chosen by The University of Sydney Endowment Fund to provide custody and fund administration services. The University of Sydney is the oldest university in Australia and has been operating an endowment fund since 1997, with AUD4.4bn (USD3.0bn) currently of AuM. The fund sought a new provider following the…
SLAM appoints SGSS for ELTIF
SGSS Luxembourg has been appointed as custodian, depositary bank, fund administrator, transfer agent and local representative agent by Swiss Life Asset Managers for the launch of its first ELTIF 2.0: Swiss Life Funds (LUX) Privado infrastructure S.A., SICAV-ELTIF. Earlier In 2024 SGSS was appointed by Schroders Capital as transfer agent for its new ELTIF 2.0.
Citi hires (again) from J.P. Morgan
Citi has hired Christopher Morin as global head of middle office and performance. He reports to Mike Hughes, head of fund services for Citi’s securities services business. He is based in Boston. He joins Citi from J.P. Morgan where he was most recently head of middle office product for the americas and global head of…
LemonEdge partners with Eleven
LemonEdge, the fund accounting solution for private markets, has struck a strategic partnership with Eleven, an investor portal solution. This partnership combines LemonEdge’s accounting capabilities with Eleven’s platform for automating and streamlining the entire investor lifecycle, including digital subscriptions, investor onboarding and investor servicing.
Ultimus supports PlanRock’s ETF launches
Ultimus Fund Solutions has assisted PlanRock Investment Management with the launch of its first two actively managed ETFs. PlanRock appointed Ultimus as fund administrator to help expedite the launch process and expand its product offerings to investors.
Pirum shakes up C-suite
Pirum, a fintech focused on securities finance and collateral management, has appointed Mark Hale as CEO. He replaces Phil Morgan, who has decided to transition from his current role into an advisory position. Hale will be based in the New York office but will be present in the London head office on a regular basis.…
IQ-EQ supports AirFund fund launch
AirFund, a digital marketplace established in 2021 to streamline the distribution of private market funds to individual investors through wealth management distributors, has launched its first feeder fund. This fund will invest in the master fund ACF IX, managed by Access Capital Partners. The feeder fund is being launched in collaboration with IQ-EQ, the investor…
HSBC promotes Fenocchi
HSBC has appointed Giovanni Fenocchi as global head of sales for the securities services business. He has had a long career with HSBC spanning client coverage, operations and risk, issuer services and, most recently, as head of asset owners & managers sales for securities services across Europe, MENA and the U.S. He replaces Alexis Meissner,…