Temenos, the banking software company which owns Multifonds, has appointed Jean-Pierre Brulard as CEO. Andreas Andreades will retire from Temenos after 25 years of service, including 11 years as executive chairman and, since January 2023, taking on the role of CEO during the board’s extended search for a replacement. Brulard, who will be based in…
Month: April 2024
SimCorp launches integrated platform
SimCorp has launched a new flagship integrated platform solution for the buy-side, SimCorp One. SimCorp One includes Dimension, Axioma, client communications, data management services, and business services, as well as SimCorp’s ecosystem of third-party solutions, all connected to its IBOR platform.
AB expands BBH data mandate
BBH has expanded its relationship with AllianceBernstein by adding to its data management services for fund operations. Powered by Infomediary, BBH’s data integration and connectivity engine, the service involves the curation of fund holdings data, which can be leveraged as part of multiple fund output publications, including regulated fund disclosures. The curated data, which involves…
CBI approves EQT MBO
The Central Bank of Ireland has approved the management buy-out of the Ireland business of Equity Trustees, the Australian administrator. As a result, the company will be renamed Gateway Fund Services Ltd, with Kevin Lavery as CEO. In 2023 EQT Holdings Limited, the ASX-listed holding company for Equity Trustees, reached an agreement to sell its…
Langham Hall supports new DTCP fund
Langham Hall, the UK administrator, has supported DTCP with the final close of its flagship fund, Digital Infrastructure Vehicle II SCSp, which has EUR1.6bn of commitments. DTCP is an independent investment management firm with EUR2.8bn AuM, specialising in investments in European digital infrastructure.
Alter Domus appoints CTO
Alter Domus, the Luxembourg-based provider of fund administration, private debt, and corporate services for the alternative investment industry, has appointed Demetry Zilberg as chief technology officer. He reports to Doug Hart, Alter Domus CEO, and will also join the group executive board. Prior to joining Alter Domus, he was CTO in the digital technology &…
Woodbridge appoints Equity Trustees
Woodbridge Capital, an Australia-based investment manager and non-bank lender, has appointed Equity Trustees as Responsible Entity (trustee) of its new retail fund, the Woodbridge Secured Income Fund.
HSBC leads funding round for HQLAᵡ
HQLAᵡ has closed a Series C investment round led by HSBC, with participation from existing shareholders including BNP Paribas, BNY Mellon, Citigroup, Deutsche Börse Group, Goldman Sachs and J.P. Morgan. As part of HSBC’s investment, Jamie Anderson, head of collateral treasury trading at HSBC, will join the HQLAᵡ board of directors. HQLAᵡ is fintech that…
Apex buys in South Africa
Apex is to acquire IP Management Company (RF) (Pty) Ltd, a South African unit trust ManCo. IPMC is a collaboration between established financial services businesses, which compete and promote their products independently, but co-exist in a relationship within IPMC, creating a business with depth of resources and diversification of assets under administration. IPMC adds ZAR22bn…
Taskize CEO steps down
Philip Slavin, CEO of Taskize, the Euroclear-owned provider of inter-company workflow solutions forthe financial services industry, has decided to step down. James Pike, currently head of business development, has been appointed interim CEO. A search process has been launched to appoint a permanent successor to the role.