Citi’s securities services business has become the latest to sign up to use Saphyre, a fintech company using AI technology, to manage new account openings and maintenance. Saphyre’s platform provides Citi with an additional option to parallel its existing account management solution and can provide the benefit of substantially automating and expediting client onboarding.
Stephen Doyle is joining NatWest Trustee & Depositary Services as head of sales & relationship management for traditional funds. He will report to Mark Crathern, head of NatWest T&DS. Doyle was most recently head of sales for UK & Ireland at BNY Mellon.
CACEIS has signed an agreement with Taurus, a Swiss company that focuses on the digital assets and blockchain space, to use its platform. CACEIS’ objective is to offer secure custody of digital assets using Taurus-PROTECT, including automated corporate action processing, dividend payments and Smart Contract management, digital asset issuance and tokenisation on blockchain using Taurus-CAPITAL,…
Citi has hired Joe Bonanno as global head of data, digital and innovation for its securities services business. Bonanno joins from Morgan Stanley, where he was most recently head of analytics and data strategy, architecture, and platforms for its wealth management division. Fiona Horsewill, global head of data and digital, Michael Hlava, global head of…
Northern Trust has established a digital assets and financial markets group, led by Justin Chapman, currently global head of market advocacy, innovation and research. The new group combines the teams responsible for supporting digital asset markets and the traditional network management teams.