Northern Trust has appointed Glenn Poulter as global head of brokerage, based in London. He remains global head of Integrated Trading Solutions, reporting to Guy Gibson, global head of capital markets.
Year: 2023
TMF acquires in the U.S.
TMF Group, the Netherlands-based provider of fund administration services, has acquired PartnersAdmin LLC, a full-service fund administration provider based in the U.S. PartnersAdmin has a strong U.S. west coast footprint. Following the deal, TMF will administer more than USD215bn. The acquisition represents a further step in TMF’s expansion in the North American market, where in…
Pace moves to U.S. Bank
Dan Pace has joined U.S. Bank as a relationship manager in its institutional trust & custody team, based in Boston. He previously spent more than 15 years at BBH.
HSBC appoints senior sales head
HSBC has appointed Giovanni Fenocchi as head of asset owners & managers sales for securities services across Europe, MENA and the U.S. He has spent 24 years with HSBC spanning client coverage, operations and risk, most recently as global head of issuer services. He reports to Alexis Meissner and Matt Kiraly, global co-heads of platform…
Chodosh joins State Street
Adam Chodosh has joined State Street in the EMEA sales team for Alpha, the bank’s front-to-back solution. Chodosh was previously at BBH for 18 years.
Centralis hires new CCO
Centralis Group, Luxembourg-based provider of alternative investments and outsourced corporate services, has appointed Elizabeth Fitzgibbons as chief commercial officer. She will join the executive committee and report directly to CEO Aidan Foley. Fitzgibbons was previously head of sales for debt and capital markets at Alter Domus. She will be based in the London office.
Clearwater & BNPP join forces
Clearwater Analytics, a provider of SaaS-based investment management, accounting, reporting, and analytics solutions, has struck a partnership with BNP Paribas’ securities services business, to offer investment accounting and reporting solutions combined with the bank’s custody services. INTÉRIALE Mutual, a shared client, is already using the combined offering.
Confluence partners with FundGuard
Confluence, the technology solutions provider helping the investment management industry solve complex investment data challenges, has formed a partnership with FundGuard, the cloud native, AI-powered, multi-asset class investment accounting platform. The partnership will combine functionality from Unity, Confluence’s fund administration platform, and Revolution, its suite of asset management performance and risk services, with FundGuard’s investment…
Equity Trustees wins new RE mandate
Fort Street Real Estate Capital (FSREC), an Australia-based real estate investor, has selected Equity Trustees as the replacement responsible entity (RE) of the FSREC Property Fund, with assets of over AUD700m (USD470m).
State Street ends agreement with Copper
Copper.co, the UK-based provider of digital asset custody and prime services for institutional clients, is to streamline its business following what it describes as “the present challenging conditions in the digital assets space, an uncertain U.S. regulatory environment and a desire to focus on strategic offerings”. As a result, it has initiated a redundancy process.…