Timeline, the UK-based fintech platform for financial advisers, has launched its first multi-asset fund, following regulatory approval by the Financial Conduct Authority. Northern Trust Asset Management has been appointed as the sub-investment manager on the fund-of-funds structure, continuing a relationship with Timeline which began in 2021 with a mandate to manage pooled investments. Northern Trust…
Month: September 2025
Waystone to support new UCITs
Abbey Capital, the Ireland-based alternative investment manager, has launched its first UCITS, the Abbey Capital TrendPlus. The fund is established on Waystone’s MontLake UCITS Platform, with Waystone acting as ManCo.
Swift hires chief product officer
Swift has appointed Thomas Delaet as chief product officer. Delaet joins from McKinsey & Company,
Confluences poaches CEO from State Street
Confluence, a fintech providing enterprise data, software, and AI-driven solutions for regulatory, analytics, and investor communications in the investment management industry, has appointed Spiros Giannaros as CEO, effective immediately. Mark Evans, founder and CEO, will transition to executive chairman. Confluence is backed by Clearlake Capital Group, L.P. Giannaros was most recently CEO of Charles River…
Temenos loses its CEO
Temenos, the banking fintech, today announced that Jean-Pierre Brulard will be stepping down from the role of CEO, effective immediately, after only 17 months in the role. The board of directors has appointed Takis Spiliopoulos, the company’s CFO, as interim CEO while the search for a permanent successor is underway.
Suntera hires UK BD head
Suntera Global, the C.I.-based administrator, has appointed David Page as director of business development within its funds and corporate services division in the UK. Suntera opened its London office in 2024.
Apex opens in Rwanda
Apex has opened an office in Kigali, Rwanda. The new office will provide clients with solutions including fund administration, corporate services, compliance solutions, and ESG advisory services, pending approval from the regulatory authorities.
State Street selects wealth platform
State Street and Apex Fintech Solutions have formed a partnership that includes a minority investment by State Street into Apex Fintech Solutions. State Street will leverage Apex’s digital custody and clearing platform to expand its wealth services offerings. Apex Fintech Solutions is a fintech platform provider with >200 clients and 22 million brokerage accounts holding…
State Street hires for wealth custody
State Street has appointed Jennifer Stokes as head of wealth custody and clearing. She was previously at Altruist.
Gen II adds to client service line-up
Gen II Fund Services, an independent private capital fund administrator with >USD1trn AuA, has appointed Ray Ferranti as head of Northeast-client services. Ferranti will oversee client services for the Northeast as a regional head, leading the firm’s New York and Boston offices and overseeing the development and delivery of Gen II’s fund administration services. He…