Chris Cox has been appointed head of Citi’s investor services business, effective immediately. He reports to Shahmir Khaliq, head of services, Citi. As head of investor services, he will be responsible for Citi’s custody, fund services and execution services businesses. He was previously head of trade and working capital solutions for Citi, also part of…
BNY has been selected by Arbejdsmarkedets Tillægspension (ATP), Denmark’s mandatory government pension scheme, to provide custody and associated services. BNY will provide asset servicing, trade support, collateral management, and other services for ATP’s DKK 718bn (USD100bn) in assets. With 5.6 million members, ATP is one of the largest asset owners in Europe, providing income-related pensions…
State Street has onboarded River Global as a client of its newly launched transfer agency service in the UK, supported by ZILO, a fintech specialising in global asset and wealth management software. State Street participated in ZILO’s Series A fundraising round in January 2024. State Street offers institutional transfer agency services in 14 markets.
Futuregrowth Asset Management has appointed BNY to provide performance solutions. BNY’s software will provide Futuregrowth with a performance engine and analytics enabling Futuregrowth to compute daily attributions. Futuregrowth is a fixed income manager based in South Africa.
Northern Trust has expanded its relationship with Tata Consultancy Services (TCS) to enhance its global securities settlements platform, which covers 99 markets. Northern Trust has deployed TCS BaNCS for corporate actions and income processing since 2017. This latest collaboration gives Northern Trust access to the TCS BaNCS global securities platform, which offers multi-entity, multi-market and…