HSBC Securities Services in India has launched DerivEasy, a web platform that will allow HSBC’s institutional investors to get access to near real-time information on their futures and options trades. DerivEasy aims to simplify the trade validation process, whilst supporting investors in monitoring of margin requirements on existing and prospective trades, collateral utilisation, and position…
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Citco hires Connie Tirondola as head of real assets for North America
Citco Fund Services has appointed Connie Tirondola as head of real assets for North America. She reports to Barbara Flusk, head of real assets. Tirondola joins from CBRE. Prior to CBRE, she was global head of real estate fund accounting at BlackRock.
Aztec hires Eva Devine as head of depositary services in Lux
Aztec Group, the C.I.-based administrator, has appointed Eva Devine as head of depositary services in Luxembourg. She joins from European Depositary Bank, and has also worked at Deutsche Bank and BNY Mellon.
Northern Trust links to Aladdin
Northern Trust has struck an alliance with BlackRock to deliver operations, data, and servicing capabilities to mutual clients. These new capabilities, delivered through Aladdin, BlackRock’s investment management and operations platform, aims to provide clients with increased efficiency, interoperability and transparency across the back, middle and front office. The relationship with BlackRock currently supports mutual clients…
J.P. Morgan forms alliance with Bloomberg
J.P. Morgan Securities Services and Bloomberg have formed an alliance that brings together Bloomberg AIM, an investment and order management system, with J.P. Morgan’s back-office technology. The offering is now live and in production with the first joint client and is being made available to other buy-side clients.
BNY Mellon hires Ben Slavin to run global ETFs
BNY Mellon has hired industry maven Ben Slavin as global head of exchange-traded funds for its asset servicing business. Before joining BNY Mellon, Slavin founded Original Six LLC, an independent global consulting business focused on ETFs, digital assets, and innovative product structures. Prior to this, he was head of product and business development at WisdomTree…
Kingdom Trust launches crypto retirement account
Kingdom Trust, a South Dakota-based custodian bank that has >USD13bn AuC, has launched a retirement account that supports legacy, alternative, and crypto assets. The launch of the account – Choice – follows the acquisition of Choice Holdings, a digital asset-focused retirement account provider. Kingdom Trust already backs more than 100,000 retirement accounts and provides custody…
TIH appoints HSBC for middle office, custody and fund admin services
TIH Investment Management Pte. Ltd, a private equity firm based in Singapore, has appointed HSBC Securities Services to provide administration services, including middle office, global custody and fund administration. TIH recently launched a new Asian active engagement fund, which will be equity long-only with a pan-Asian focus on small to mid-cap companies. HSS will be…
DBAG appoints Aztec to service new Guernsey-domiciled PE fund
Deutsche Beteiligungs (DBAG), a German private equity manager, has appointed Aztec Group, the C.I.-based administrator, to provide administration, accounting and investor services for its latest fund, domiciled in Guernsey with commitments of EUR1.1bn. Aztec will also act as the fund’s depositary from its UK office.
SANNE appoints Matthew Pykstra as head of SA ManCo
SANNE, a UK-based provider of alternative asset and corporate business services, has promoted Matthew Pykstra to director and head of its ManCo in South Africa. He takes over from Karlien de Bruin, who is transitioning to SANNE’s product development team with a focus on ESG. The ManCo has also appointed Leza Stinton to the role…