RBC Investor & Treasury Services has been selected by Starlight Investments Capital LP to provide custody, fund administration and shareholder services for its newly consolidated business, following Starlight Capital’s acquisition of Stone Investment Group Limited. A subsidiary of the real estate investment and asset management firm Starlight Investments, Starlight Capital is an independent, Toronto-based asset…
Month: January 2023
FINBOURNE Technology, the UK-based fintech specializing in investment data management, has raised GBP30m from Kreos Capital. The funding is an extension to FINBOURNE’s Series A round of April 2021.
METACO, the Switzerland-based provider of digital asset custody and orchestration technology, has partnered with DekaBank, the provider of securities services and capital market solutions to the German Savings Banks Finance Group (Sparkassen-Finanzgruppe). With AuM of >EUR360bn, DekaBank is a provider of securities services in Germany, providing a range of services including custody, asset management and…
Arab Bank (Switzerland) Ltd. has appointed European Depositary Bank, the Luxembourg-headquartered provider of banking, depositary and custody solutions, for the provision of digital banking services. EDB has been selected to provide digital banking services for 32 bank accounts for 14 special purpose vehicles as part of ABS’ EUR400m pan-European real estate strategy. EDB is owned…
Henning Swabey has joined fundcraft, the regulatory and administrative provider to private equity, venture capital, funds of funds and feeder funds, as head of growth. He was previously at Calastone.
Paralel Technologies, a U.S.-based administrator, has launched its full-service platform for registered fund servicing. Paralel, along with its wholly owned subsidiaries Paralel Advisors and Paralel Distributors, provide fund administration, fund accounting, transfer agency, distribution and advisory services.
Suren Ravindra has joined Zodia Custody as a business development manager, based in the UK. He was previously at Digivault.
Copper.co, the UK-based digital assets services provider, has appointed Philip Hammond, a former chancellor of the exchequer, as chair.
Crestbridge, the C.I.-based administrator, has appointed Marie Morris as director, money laundering compliance officer. She will lead the financial crime compliance team in Jersey and act as the MLCO. Morris has over 25 years of experience in the finance industry. Prior to joining Crestbridge she was MLRO at a global bank.
State Street has engaged Amazon Web Services (AWS) and Microsoft as strategic providers of cloud and infrastructure solutions, as part of its multi-year technology transformation process. State Street is consolidating its current network of segregated data center facilities to a data center footprint with fit-for-purpose designed and managed facilities.