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.
Year: 2025
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.
Securitize partners with BNY
Securitize, a platform for tokenising real-world assets, has launched the Securitize Tokenized AAA CLO Fund, a tokenised fund dedicated to AAA-rated collateralised loan obligations. The fund has been developed in collaboration with BNY, which will act as custodian for the fund’s underlying assets. The fund will be sub-advised by BNY Investments.
Saphyre hires from BlackRock
Saphyre, the fintech that automates pre-trade onboarding processes and post-trade data management, has hired Jason Strofs as a senior relationship manager. He has more than 25 years of experience at BlackRock, including roles as managing director, deputy global head of securities lending, and global head of product & business strategy for securities lending,
Purves steps down from Aztec
Sean Hagerty, who has served on the Aztec Group board as chair since June 2025, will take on the role of executive chairman and interim CEO as Kathryn Purves steps down. Aztec Group is a C.I.-based provider of private markets services. Hagerty is a former chief executive of Vanguard Europe.
BNY wins BaaS mandate from WisdomTree
WisdomTree has appointed BNY as its core banking-as-a-service (BaaS) infrastructure provider for WisdomTree Prime, its retail platform for tokenised assets and cryptocurrency. The collaboration between the two firms cements WisdomTree as BNY’s first retail digital assets BaaS client. WisdomTree Prime is claimed to be the first app to provide access to tokenised funds to U.S.…