Apex has launched tax services in Australia, delivered via subsidiary Throgmorton. Throgmorton Australia Pty Ltd. is now a registered tax agent & ASIC agent, providing locally delivered tax compliance services in addition to accounting, HR, payroll, and company secretarial services to Australian clients.
Category: Product
Fidelity launches agency lending platform
Fidelity Investments, which has AuM of USD10.3trn, has launched Fidelity Agency Lending, a digital platform that manages all aspects of securities lending for asset managers and other institutions. Fidelity Agency Lending has been a securities lending agent for the Fidelity mutual funds since 2019 and is currently responsible for more than USD2trn in assets.
State Street appoints Aman Thind as global chief architect
State Street has appointed Aman Thind to executive vice president and global chief architect, reporting to Brian Franz, global chief information officer. Thind is responsible for designing the strategy and driving implementation of State Street’s technology transformation and interoperable infrastructure. He will also play an integral role in advancing the company’s technology innovation, including building…
BNY Mellon strikes deal with class-action specialist FRT
BNY Mellon has established an alliance with Financial Recovery Technologies, the U.S.-based provider of securities class action recovery services to the investment community. The alliance will offer solutions to address the demand for better governance solutions associated with shareholder litigation monitoring and recovery, offering BNY Mellon’s clients access to FRT’s suite of class action solutions,…
FundRock launches distribution support services
FundRock, the Luxembourg-based third-party ManCo and AIFM that is owned by Apex, has launched a new operation in Luxembourg to provide fund distribution solutions to non-EU asset managers. Asset managers, for which FundRock or its affiliates act as ManCo/AIFM, will be able to access FundRock’s fund distribution solutions through the recently established FundRock Distribution S.A.,…
State Street and S&P Global Trucost to offer enhanced ESG reporting
State Street has formed a strategic engagement with S&P Global Trucost that brings together State Street’s recently launched ESG Risk Analytics and Reporting capabilities and Trucost’s climate data and analytics. The agreement will allow State Street to overlay Trucost’s data intelligence on the risks and opportunities of climate change to build on State Street’s existing…
Fundamental AM selects Opus Nebula’s client reporting solution
Fundamental Asset Management, a UK-based manager, has selected Opus Nebula’s Reporting as a Service solution for production of its quarterly client investment reports. FAM and its clients will benefit through improved report packs, greater efficiency and automated distribution. Opus Nebula was founded in 2014 to deliver reporting solutions to the investment management industry. Opus Nebula…
Jacques d’Estais to retire from BNP Paribas
After 39 years at BNP Paribas, Jacques d’Estais will retire from the group by the end of 2021. He has stepped down from his role as group deputy COO and head of international financial services to become executive advisor to BNP Paribas general management. For many years d’Estais oversaw the bank’s securities services business, BP2S.
Northern Trust to establish eFX pricing engine in Singapore
Northern Trust is to establish a new electronic foreign exchange (eFX) pricing engine in Singapore, in partnership with the Monetary Authority of Singapore. This will be Northern Trust’s first eFX engine in Asia-Pacific.
BNY Mellon adds FICC cleared repo to LiquidityDirect portal
BNY Mellon has made FICC sponsored cleared repo available through its LiquidityDirect short-end investment portal. Institutional clients can now seamlessly invest cash in cleared repo through LiquidityDirect. The addition of cleared repo to LiquidityDirect broadens the range of short-term investments on the platform to include a secured, centrally cleared alternative that provides counterparty diversity and…