DDH Graham Limited has appointed SS&C to deliver superannuation and funds management administration services. DDH manages and administers over AUD7.8bn (USD5bn) in funds on behalf of 34 fund managers and superannuation funds in Australia. SS&C will provide member and investor administration, including unit registry and fund services, for DDH and its superannuation and managed fund…
Category: Mandates
FXall connects to Saphyre
FXall, a London Stock Exchange business, will implement Saphyre‘s patented technology to expedite their clients’ readiness to trade and reduce delays related to post-trade processes. Clients onboarding new funds through FXall will have a single entry process to set up their funds for all their liquidity providers at one time, and to share related legal…
Kernow selects Yealand
Kernow Asset Management Limited has appointed Yealand Fund Services as authorised corporate director (ACD) and fund administrator. Kernow was founded in 2019 and launched its UK fund offering in 2022.
Hudson Bay expands with SS&C
Hudson Bay Capital Management, a U.S.-based investment firm with USD20bn AuM, has appointed SS&C GlobeOp as its fund administrator. The collaboration expands the relationship with SS&C, which already covers a range of SS&C solutions for trade operations and investor support.
BNPP wins Indeval U.S. mandate
BNP Paribas has been appointed by Indeval as its local custodian for the U.S., representing USD60bn of assets. Indeval is the Mexican CSD, responsible for trades on the Mexican Stock Exchange and money market instruments. It is owned by the Mexican Stock Exchange (Grupo BMV). In 2018 Citi was appointed as custodian and tax services…
SEI appointed as trustee for Pictet CITs
SEI Trust Company will serve as trustee for four collective investment trusts (CITs) established by Pictet Asset Management for the U.S. institutional retirement market. Pictet Asset Management manages USD237bn globally.
Rhyze selects SS&C for loan admin
Rhyze Solutions, a newly launched credit union service organization, has selected SS&C to help manage its commercial real estate loan portfolio. Precision LM will be deployed for pipeline tracking, loan servicing, accounting, asset management, and regulatory reporting. EVOLV will to support reserving, risk assessment, and credit reporting for all cash-flow-based financial instruments.
BlackRock appoints BNY Mellon
After a multi-year evaluation and selection process, BlackRock has appointed BNY Mellon to work alongside State Street as a service provider for its Irish-domiciled ETFs. BNY Mellon is expected to assume responsibility for about half of BlackRock’s iShares ETFs, totalling some USD356bn, providing depositary, fund administration and fund accounting services. State Street will remain registrar…
Silverview implements Sentry
Silverview Credit Partners, a private debt manager, has implemented the Sentry Portfolio Management platform from Broadridge Financial Solutions. Broadridge says this will enable Silverview to achieve greater operational efficiencies and increase transparency in its portfolio management activities for its direct lending business.
BNPP wins in NL
Monuta, a Netherlands-based provider of funeral insurance, has appointed BNP Paribas as custodian for its global assets.