Abram Sirignano has joined BBH as head of product transformation for its investor services business, He joins from Prophet, a consultancy. Based in New York, he will report to Chris Remondi, partner and head of product for the investor services business.
Category: Product
JTC collaborates with Asset Class
JTC, the UK-listed administrator being taken private by Permira, and Asset Class, the U.S.-based fintech focused on private markets, have launched JTC ONE in the U.S., an end-to-end solution for private markets firms that combines fund administration with a purpose-built digital investor experience. JTC ONE combines two specialist businesses with complementary strengths: JTC’s expertise in…
SS&C to launch digital cash settlement
SS&C plans to enable digital cash settlement for tokenised investment transactions using regulated forms of digital cash, including stablecoins and tokenised commercial bank deposits. The plan builds on the launch of SS&C’s live tokenised fund issuance and distribution capabilities earlier this year following the acquisition of Calastone in 2025. SS&C already enables asset managers to…
SEI expands TA service
SEI has expanded its transfer agency solutions with the launch of SEI Transfer Agency and Registry Services, Inc. to support a broader range of fund structures. Registered with the SEC, the business supports U.S.-based traditional and alternative asset managers offering SEC-registered, retail-distributed funds. It will leverage core technology from Envision Financial Systems, an investor accounting…
BNY expands with Circle
BNY has expanded relationship with Circle Internet Group, Inc. as part of new stablecoin enablement capabilities for institutional clients. Circle’s USDC will be the first stablecoin on BNY’s digital asset custody platform, enabling BNY clients to store, transfer, mint and burn USDC. This expands BNY’s role as primary custodian of USDC reserves. BNY clients can…
State Street upgrades in KSA
State Street’s fully owned subsidiary, State Street Saudi Arabia Financial Solutions, has upgraded to a Managing Investment and Operating Funds (MIOF) licence from the Capital Market Authority in Saudi Arabia, enabling the firm to offer local fund administration services in Saudi Arabia. While State Street has previously supported clients in Saudi Arabia through its global…
Apex expands in NZ
Apex has entered into an agreement to onboard Mercer New Zealand’s fund administration operations. The agreement is expected to be completed in the fourth quarter of 2026. Apex has an established fund administration, custody, transfer agency and wealth administration business in New Zealand, with >200 employees providing outsourced administration services across KiwiSaver, superannuation and investment…
Alchelyst links to Allfunds
Alchelyst, the Ireland-based investor solutions and infrastructure provider for private markets asset managers, has established a partnership with Allfunds Blockchain, the world’s largest B2B fund distribution platform, to help private markets asset managers process investor transactions more efficiently, reducing errors and administrative friction. The partnership introduces Alchelyst×Allfunds Blockchain API, an API-driven, permissioned blockchain integration that…
BBH launches ML-driven NAV solution
BBH has launched NAVqc, a solution to help asset managers, management companies, and service providers to more effectively fulfill their NAV oversight obligations across third-party administrators, while reducing cost and risk. Using machine learning, NAVqc analyses individual fund behaviour based on the fund’s historical data in real market conditions. It predicts NAV movements, flags suspect…
Euronext and BNY collaborate
Euronext, the European capital markets infrastructure, and BNY are collaborating to enhance the collateral management capabilities of Euronext Clearing across asset classes, notably for cleared repo. By leveraging BNY’s collateral infrastructure and USD7.8trn liquidity pool, this collaboration will enhance the collateral management capabilities of Euronext Clearing, enabling members to manage their cleared activity more efficiently, including…