CastleArk Management, a USD3bn Chicago-based investment manager, has selected SEI’s Advisors’ Inner Circle Fund as its operational platform to launch the CastleArk Large Growth ETF, its first active ETF.
Year: 2023
DTCC hires from BNY Mellon – again
DTCC has, once again, returned to BNY Mellon to hire a senior executive. Gloria Lio joins as head of enterprise services, responsible for leading strategy development for DTCC’s global business operations, client services, integration and business architecture. She reports to Frank La Salla, DTCC’s president & CEO, who was formerly at BNY Mellon. Lio was…
Waystone deploys pControl
Waystone Management (UK) Ltd has implemented the pControl NAV oversight platform from Milestone Group, the Australia-based provider of oversight and backup NAV solutions that is owned by BNY Mellon. The platform provides a NAV oversight and validation tool across Waystone Management UK’s portfolio of ACD clients, which currently includes approximately 160 funds with GBP85bn (USD106bn)…
TMF implements Sentry PM
TMF Group, the Netherlands-based provider of compliance and administration services, has implemented Broadridge’s Sentry PM, a cloud-based private debt and CLO portfolio management solution. The platform will enable TMF to launch a new service offering for CLO administration, which it plans to bring to market in 2024.
DTCC completes Securrency deal
DTCC has completed its acquisition of Securrency, the digital assets fintech. DTCC has rebranded Securrency as DTCC Digital Assets, reporting into Lynn Bishop, chief information officer. The former CEO of Securrency, Nadine Chakar, has been appointed global head of DTCC Digital Assets.
Manaos partners with Confluence
Confluence, the investment management fintech, has formed a partnership with Manaos, the BNP Paribas-owned platform built to simplify how institutional investors centralise portfolio data, connect ESG information, and report on the sustainability of their investments. Under the partnership, Confluence will provide an end-to-end SFDR solution to asset managers on the Manaos platform, including the production…
SimCorp allies with Alloy
SimCorp, the investment management fintech owned by Deutsche Börse, and Alloy, a provider of institutional infrastructure and technology for digital assets investments, have formed a partnership to support SimCorp clients with managing digital asset investments. The partnership aims to enable mutual clients to manage digital assets, including cryptocurrencies, tokenized securities, and institutional decentralised finance within…
Ogier hires European fund admin head
Ogier Global, Ogier‘s corporate, fiduciary and fund administration services division, has hired David Fowler as European head of fund administration. He is based in the UK. Fowler was previously at Apex.
Amundi Technology wins EUR23bn mandate
Rail & OV, the Dutch rail and public transport pension fund, has signed an agreement with Amundi to deploy its ALTO investment platform. Rail & OV will leverage the platform to manage direct assets and consolidate delegated assets representing approximately EUR23bn (USD25bn) AuM. In a fully integrated model, Rail & OV will be serviced by…
DB expands Shariah offering in Asia
Deutsche Bank has partnered with CIMB, a Malaysian bank, to provide Shariah custody to clients in Malaysia. In addition, the bank has been appointed by CIMB to support its foreign custody services. Deutsche Bank has also launched new Shariah-compliant custody capabilities in Singapore.