Month: May 2022

Northern Trust has appointed Kholoud Al Dosari as country head for Northern Trust in Saudi Arabia. Based in Riyadh, Al Dosari oversees the strategic development, business growth and operations of Northern Trust’s asset servicing business in the country. Prior to joining Northern Trust, Al Dosari had served as non-executive independent board member for Northern Trust…

Michael Gallo has joined Citco as an EVP on the hedge fund relationship management team, based in the U.S. He previously spent 13 years at BNY Mellon. Separately, Ainun Ayub has joined Citco as global product head for real assets, based in the UK. She was previously at BBH, where she was responsible for product…

Fondo di Previdenza Mario Negri, the Italian pension fund, has selected BNP Paribas Securities Services’ Manaos platform for its ESG data and analytics needs. Fondo di Previdenza Mario Negri is the pension fund for managers of commercial shipping and transport companies in Italy, with EUR3.9bn (USD4.1bn) AuM. The fund will be using the Manaos platform…

Páraic Cosgrave has joined BNY Mellon as global head of alternatives business development within the asset servicing group. He is based in Dublin. Cosgrave was previously global head of sales for Abbey Capital Ltd, a Dublin-based manager specialising in managed futures. He also worked at BNP Paribas Securities Services as global head of sales &…

Bain Capital Crypto has adopted Sudrania’s vertically integrated back-office platform, powered by its Seamless Crypto software. With over 140 API connections across the digital assets ecosystem, Sudrania claims that Seamless Crypto is one of the world’s most advanced general ledger accounting systems, offering automated waterfall calculations, P&L allocations, automated fees/expense accruals, timely NAV calculation, enhanced…

Cauris, a debt investment manager, has appointed SS&C Precision LM to provide administration services for its new private debt fund. Cauris leverages DeFi and blockchain to provide access to institutional-grade investment opportunities in companies expanding access to financial inclusion. SS&C’ Precision LM will support the administration of debt financing in the Global South. Cauris provides…

Centralis, a Luxembourg-based corporate & fund services provider, has acquired Wheelhouse Advisors, which specialises in regulatory and prudential management, regulatory reporting, accounting and tax. Wheelhouse’s solutions are designed to reduce risk, improve efficiencies and create value. It supports more than 900 clients globally, with over USD130bn of assets under reporting. The deal follows Centralis’ recent…