State Street has expanded its relationship with Intesa Sanpaolo, the Italian bank. As part of this expanded relationship, State Street will integrate an IT business unit and outsource custody back-office operations of the Italian bank.
Month: November 2025
Aztec hires Timmons
Aztec Group, the C.I.-based administrator, has appointed Margaret Timmons as global client relationship lead, based in New York. Most recently, she was global strategic account manager at the London Stock Exchange Group, where she led global client relationships across asset management, product & data services.
Fenergo appoints COO
Fenergo, the fintech focused on client lifecycle management and financial crime compliance solutions, has appointed Hishaam Caramanli as president and chief operating officer. Reporting to CEO Marc Murphy, Caramanli previously worked at ION Markets, UBS and Morgan Stanley.
SpireBay adds to leadership team
SpireBay Financial, the Ireland-based consulting firm supporting asset managers, service providers and technology clients, has appointed several industry experts to its team across the UK, U.S. and Ireland. Neil Clifford was most recently CEO of Carne’s Irish fund management company. Chip McKernan joins from SEI Investments, where he held multiple senior leadership roles across the…
FIS launches asset servicing service
FIS, the U.S.-based fintech, has launched the FIS Asset Servicing Management Suite, which combines the traditionally separate functions of corporate actions processing, proxy voting, class actions claims, operational claims and tax reclaim management.
Bridge selects Allvue
Bridge Alternative Investment Solutions, a U.S.-based fund services provider, has selected Allvue as its technology partner. Allvue is a fintech specialising in private capital markets. With Allvue, Bridge will unify fund accounting, investor services, and reporting.
Avanda expands with NTRS
Northern Trust has expanded its fund services relationship with Avanda Investment Management, supporting its implementation of the mandate granted by Monetary Authority of Singapore (MAS) as part of the Equity Market Development Programme (EQDP). Northern Trust will provide investment operations outsourcing, fund administration and investment risk and analytical services, building on a relationship with Avanda…
Agallas launches inaugural RE fund
Agallas Equities LLC, a New York–based real estate investment and development firm, has launched its inaugural fund, the Agallas Equities Real Estate Fund I, with a target capitalisation of ISD400m. Agallas has partnered with NAV Fund Services as its fund administrator, providing administration, accounting, and investor services for the fund.