Ocorian, the C.I.-based financial services group, has formed a strategic client group under the leadership of Simon Behan, chief commercial officer. As previously announced, Jamie Gleeson has joined this group from SS&C, where he was head of EMEA hedge fund sales. James Kent has also joined, having spent more than 14 years at Northern Trust,…
Category: Independents
Apex expands digital banking through EDB
Apex has expanded its digital banking services delivered by its Luxembourg-based subsidiary, European Depositary Bank. EDB’s digital banking platform offers a tailored solution for asset managers and SPVs, family offices, corporates, trusts and UHNWI. Clients can now open multi-currency accounts and manage their day-to-day transactions, including global payments, FX requirements and cash management through automated…
LemonEdge strikes deals with 73 Strings & Anduin
LemonEdge, the UK-based fund accounting platform for the private asset sector, has struck a deal with 73 Strings, a fintech which provides advanced monitoring technology and a valuation platform for both equity and credit asset classes. The system is designed to streamline processes for analysing, valuing, monitoring and trading in illiquid assets. LemonEdge and 73…
Ocorian appoints CFO
Ocorian, the C.I.-based administrator, has appointed Gavin James as CFO. Most recently, James was CFO for global technology and management consulting group Capco.
Waystone appoints HK bus dev MD
Waystone, the Ireland-based provider of specialist services to the asset management sector, has appointed Joost Lobler as managing director, business development in Hong Kong. Lobler spent seven years with Standard Chartered before establishing his own company in 2021.
Apex closes Sanne acquisition
Apex has closed the acquisition of Sanne Group plc, the UK-based provider of alternative asset and corporate services. Following the close of the acquisition, Apex now services nearly USD3trn in assets across administration, depositary, custody and management. The addition of Sanne brings another 2,500 people into the group and adds six new locations in Denmark,…
Altum appoints head of growth
Altum Group (formerly LGL Group), the C.I.-based administrator with USD27bn AuA, has appointed James Milner as head of growth. He will focus on driving the growth of Altum’s fund and corporate solutions offering, He joins from Crestbridge.
Accelex and Lionpoint form alliance
Lionpoint and Accelex have formed a strategic partnership to bring end-to-end operational efficiency to the private markets industry. Lionpoint, a U.S.-based consultancy, partners with technology solution providers focused on private markets. Its core services include strategic advisory, operating model optimisation, technology roadmap and solution selection, and systems integration across the front, middle, and back office.…
IQ-EQ hires Diana Senanayake for senior European role
IQ-EQ, the Luxembourg-based investor services provider, has appointed Diana Senanayake to the dual role of managing director of its Luxembourg headquarters and regional CEO for Continental Europe. In her new position, she will lead the day-to-day running and strategic direction of IQ-EQ’s head office in Luxembourg; as well as taking responsibility for all activities across…
SS&C wins wealth management mandate in Asia
CGS-CIMB has chosen SS&C’s Global Wealth Platform (GWP) to provide end-to-end capabilities and SS&C’s Vision FI to provide reporting and client statements for its new wealth management venture. CGS-CIMB has rolled out GWP to service its clients requiring discretionary portfolio management in Singapore and Malaysia. CGS-CIMB provides financial services to more than 2,600 institutional clients…