Category: Bank Providers

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…

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…

BNY Mellon is working with Accenture to modernise financial services offerings with an initial focus on data management and analytics product development and delivery. The companies will use technologies to provide data at new speeds to help their joint clients drive accelerated growth. Combining Accenture’s data, AI, and platform engineering expertise with BNY Mellon’s comprehensive…

Shane Kuros is returning to CIBC Mellon as chief business development officer. He assumes overall responsibility for the company’s growth and business development functions, and rejoins the company’s leadership team. Kuros has more than 30 years of asset servicing and relationship development experience in Canada and globally. His recent roles include serving as global head…

T. Rowe Price will transition to the cloud-based technology platform of Charles River Development, a State Street company, T. Rowe Price will deploy the Charles River Investment Management Solution for portfolio management, trading, and compliance, and the State Street Alpha Data platform for data management and services.

State Street has appointed Scott Carpenter as global head of private markets and credit. In this role, he is responsible for the strategy, product capabilities, P&L and overall market position of the private markets and credit fund servicing businesses of State Street. Carpenter, a 30-year State Street veteran, was previous global COO of the alternatives…

BNY Mellon has established a connection of its short-term investment platform, LiquidityDirect, with Kyriba, a provider of cloud-based treasury and finance solutions. This combines Kyriba’s secure, scalable SaaS solution with the LiquidityDirect platform to enhance liquidity performance and unlock better cash visibility. This agreement continues BNY Mellon’s ongoing collaboration with several leading treasury workstations and…

Manaos, the ESG platform owned by BNP Paribas, has entered into a strategic partnership with SESAMm, a provider of ESG controversy data powered by advanced generative AI. Through this partnership, Manaos will integrate SESAMm’s ESG controversies data into its platform, offering a dedicated dashboard and controversies reports for institutional investors and asset management companies. This…

Two notable European mandates for BNP Paribas: The securities services business has been selected by Cobas Asset Management to provide depositary services for its investment funds and pension plans. BNPP will act as depositary bank for all collective investment vehicles managed by Cobas Asset Management, which includes six investment funds, one SICAV and three pension…