Roel Langelaar has joined Aztec Group as head of corporate services in the Netherlands. He has also been appointed as managing director of the Netherlands office. Prior to joining Aztec, he spent five years as a managing director at VISTRA.
Category: Product
Apex launches ADGM ManCo
Apex, the Bermuda-based financial services provider, has launched LRI Investment Management Services (ME) Ltd. in the Abu Dhabi Global Market, following full regulatory approval by the ADGM Financial Services Regulatory Authority. LRI Middle East will offer third-party ManCo services to Qualified Investor Funds and Exempt Funds.
BNY Mellon launches margin messaging through AcadiaSoft
BNY Mellon has launched MarginConnect, a margin messaging capability that gives greater control to buyside managers over the collateralisation of non-cleared derivatives. The service provides a direct connection to AcadiaSoft, BNY Mellon’s collateral management solutions partner. With this link, clients are able to generate collateral instructions within the AcadiaSoft ecosystem without having to separately create…
Socium and Eleven partner to improve end-investor experience
Socium Fund Services, a U.S.-based provider of fund administration services for alternative investment funds, has partnered with Eleven, a fintech specialising in the alternative investments industry, to release new technology that aims to transform how investments in private equity funds and hedge funds are made. The technology moves the fund subscription process to a three-way…
MUFG Investor Services launches contingent NAV solution
MUFG Investor Services has launched cNAV, its contingent net asset value solution for mutual funds.
Northern Trust launches end-investor portal for alts managers
Northern Trust has launched an investor portal for alternative asset managers, offering an enhanced investor experience with updated data feeds, customised views and analysis. Built in partnership with fintech provider InvestCloud, the investor portal provides: Direct interface allowing investors 24/7 access to their updated investment data. Secure data transmission and data visualizations of metrics including…
BP2S opens agency sec lending desk in Hong Kong
BNP Paribas Securities Services is expanding its market and financing services for clients in Asia Pacific with the launch of a new agency securities lending desk in Hong Kong. This desk will complement existing services offered in Sydney, London and New York. BNP Paribas has appointed Anthony McDonald to head up the Hong Kong agency…
HSBC upgrades insurance administration services in Asia
HSBC has launched an upgraded fund administration solution for Asia-based insurance companies, after onboarding HSBC Life, its Hong Kong insurance business. HSBC now provides accounting, valuation and other administration services to HSBC Life, with over USD56bn of assets under administration onboarded, and more scheduled across Hong Kong and Singapore.
State Street upgrades Fund Connect client interface
State Street has marked the twentieth anniversary of its Fund Connect platform with a new user interface, featuring the addition of a widget enabled customisable dashboard. Fund Connect is a global trading, analytics and cash management tool with access to more than 400 money market funds.
NT adds research management and investment analysis modules to FOS platform
Northern Trust has launched research management and investment analysis modules in its Front Office Solutions platform. The new research management module captures the life-cycle of the entire manager selection process, including contacts, key relationships, quantitative and qualitative data, emails, documents, meeting notes, and calendar entries. A flexible data model allows users to customise views, synchronise…