Northern Trust has been appointed to provide asset servicing solutions to Igneo Infrastructure Partners as its global private capital administration partner. Igneo manages USD20bn of assets. It is the direct infrastructure investment team of the First Sentier Investors Group, a major Northern Trust client. Northern Trust will deliver solutions servicing Igneo’s funds domiciled in Australia,…
Category: Bank Providers
Senior BBH exec joins SimCorp
SimCorp, the fintech owned by Deutsche Börse, has appointed Keith Haberlin as global head of business services, sales. Based in Boston, Haberlin joins from BBH, where he was co-head of Infomediary Data Solutions.
CIBCM reaches AuA milestone
CIBC Mellon has surpassed CAD3trn (USD2.1trn) in AuA. The last reported AuA number for RBC Investor Services, its main competitor in Canada, was CAD2.6trn.
IDR hires from BNY
IDR, a private markets investor onboarding platform, has hired Kevin Skorzewski as senior commercial development director, based in New York. He joins IDR from BNY where he led the bank’s alternative asset managers business development team for the Americas.
BNY hires chief solutions innovation officer
BNY has hired Carolyn Weinberg as chief solutions innovation officer. She joins from BlackRock, where she most recently served as chief product innovation officer and led product innovation, development and commercialization globally.
Ocorian hires from BNPP
Colm O’Brien has joined Ocorian as head of EMEA sales – funds. Prior to joining Ocorian, he was global head of sales, alternatives, for BNP Paribas’ securities services business.
Citi hires data chief from BNY
Citi’s services business, which incorporates payments, liquidity management services, trade and working capital solutions, issuer services, and investor services, has appointed Steve Taylor as head of data and client platforms for issuer services and investor services. He is based in Boston, reporting to Okan Pekin, who has oversight of Citi’s custody, fund services and execution…
CACEIS wins in Netherlands
Nh1816 Verzekeringen,a Dutch cooperative insurer, has appointed CACEIS to provide custody, administration, performance measurement, compliance monitoring, execution, and regulatory reporting services. Nh1816 is the leading Dutch provider of private non-life insurance through its network of financial advisors, with some EUR620m in revenues, EUR1.2bn in investments, 2.6 million policies, and >610K insured individuals.
Clearwater hires APAC sales head
Clearwater Analytics, a U.S.-based provider of investment management, accounting, reporting, and analytics solutions, has appointed George Hindmarsh as head of sales and business development for Asia-Pacific. He joins Clearwater from Citi, where he held senior roles in securities services across London, Edinburgh, Singapore, and Hong Kong. Most recently, he was responsible for Japan, Asia North…
BBH simplifies account opening
BBH has connected its API solution with Clearstream to simplify the account opening process for investors. The connection allows account opening requests to be sent electronically between BBH and Clearstream by transmitting investor information over the API, reducing manual processing risks and improving efficiency of the onboarding experience.