Apex has appointed John Davis as managing director, Singapore. Reporting to Valerie Mantot-Groene, regional managing director, APAC, he will be responsible for leading a team of over 100 local staff. He was most recently managing director, Singapore at Mainstream Group, the Australia-based administrator that Apex acquired in 2021.
Category: Independents
GemCap hires senior manager
GemCap, the Ireland-based provider of UCITS ManCo services, has appointed John Stokes as head of investment management and designated person with responsibility for investment management (PCF-39D). Based in Ireland, he reports to Conor Hoey, GemCap’s CEO, and joins the senior management team. Prior to joining GemCap, Stokes was head of investments and designated person with…
Nick Maton leaves Intertrust for fintech
Nick Maton has joined AlphaFX Group, a UK-listed fintech as MD, Luxembourg country head. He joins from Intertrust, where he was Luxembourg country head.
SWFAL wins GBP1bn ACD mandate
Smith & Williamson Fund Administration Limited (SWFAL), part of the UK-based Tilney Smith & Williamson, has been appointed as Authorised Corporate Director (ACD) for seven Brooks Macdonald funds. SWFAL is already ACD for 11 funds run by Cornelian Asset Managers, which was acquired by the Brooks Macdonald Group in 2019. The deal will see the…
COMGEST signs with SimCorp
SimCorp, a U.S.-based provider of SaaS investment management solutions, has signed a new partnership with COMGEST to support its strategy and offer an enhanced front-to back-office global platform, in partnership with TradingScreen. COMGEST, a France-based manager, will replace its existing front-to-back solution with SimCorp Dimension and Gain data management solutions, both cloud-hosted platforms.
Genesis Custody gets UK regulatory approval
Genesis, a digital asset servicer and digital currency prime brokerage, has received approval from the UK’s Financial Conduct Authority for its Genesis Custody business as a registered cryptoasset business. Genesis Custody provides segregated multi-asset cold storage for full custody of client assets. In 2020 Genesis acquired Vo1t, a UK-based digital custody service provider. The Genesis…
FIS hires State Street digital expert
FIS, the U.S.-based fintech, has appointed Ralph Achkar as head of product strategy for digital assets, currency, and blockchain. He joins from State Street, where he led digital product development for EMEA and ASPAC.
SS&C invests in new tech venture
SS&C has invested in a newly incorporated company formed by the combination of Equiniti and American Stock Transfer & Trust Company, recently acquired by affiliates of Siris Capital Group, LLC. Equiniti is a U.S. and UK provider of shareholder, pension, remediation, and credit technology, and AST is a provider of U.S. shareholder technology. SS&C has…
Arcesium opens in Delhi
Arcesium, the U.S.-based administrator that claims to have USD675bn AuA, has expanded its India-based operations with a new office in Delhi NCR. The Delhi office will initially have over 300 employees and is expected to triple in size to 1,000 employees over the next two years. The office will be located in DLF Cyber Park,…
Ultimus acquires FD Fund Administration
Ultimus Fund Solutions, the U.S.-based provider of fund administration, accounting and investor solutions, has acquired FD Fund Administration. FD Fund Administration, headquartered in Philadelphia with additional offices in New York City and Minneapolis, is an independent provider of accounting and administrative services. The firm has a focus on real estate, credit, and infrastructure funds. In…