BNP Paribas Securities Services has appointed Shóna Lynch as a senior sales director for its alternatives investments business in the U.S. She relocates from the UK.
Category: BNPP
BP2S makes senior hire for Americas
BNP Paribas Securities Services has appointed Chris Richmond as head of the asset owner, asset manager and alternatives client lines for the Americas. He will report to Dennis Bon, head of BNP Paribas Securities Services in the Americas, Arnaud Claudon, global head of asset managers and owners, and Patrick Hayes, global head of alternative investors.…
BNPP’s Manaos platform adds new client
Fondo di Previdenza Mario Negri, the Italian pension fund, has selected BNP Paribas Securities Services’ Manaos platform for its ESG data and analytics needs. Fondo di Previdenza Mario Negri is the pension fund for managers of commercial shipping and transport companies in Italy, with EUR3.9bn (USD4.1bn) AuM. The fund will be using the Manaos platform…
BNY Mellon hires global head of alts bus dev
Páraic Cosgrave has joined BNY Mellon as global head of alternatives business development within the asset servicing group. He is based in Dublin. Cosgrave was previously global head of sales for Abbey Capital Ltd, a Dublin-based manager specialising in managed futures. He also worked at BNP Paribas Securities Services as global head of sales &…
HSBC hires new head of ANZ fund services
Chrys Wickremeratne has joined HSBC as head of fund services operations for Australia & New Zealand. He previously spent nearly eight years at BNP Paribas Securities Services. His appointment follows the recent hiring of Sinclair Scholfield from State Street as head of sales and client management for its securities services business in Australia and New…
BP2S appoints China co-head
BNP Paribas has appointed Stanley Song as co-head of BNP Paribas Securities Services in China. Based in Shanghai, he reports to CG Lai, CEO of BNP Paribas China Limited, and Franck Dubois, head of Asia Pacific for BNP Paribas Securities Services. He joins Philippe Kerdoncuff, who has been leading BP2S in China since 2016, in…
BP2S extends broker-to-custody offering
BNP Paribas Securities Services has expanded its broker-to-custody offering and has added Spuerkeess, a Luxembourg-based bank, to the platform. The broker-to-custody solution, which was previously offered only in the U.S. and APAC, is now available across Europe, further to the bank’s recent expansion in equities flow trading in the region. Using BNP Paribas’s open architecture,…
ZEDRA acquires in Jersey
ZEDRA, the Switzerland-based provider of corporate services, wealth and fund solutions, plans to acquire BNP Paribas Jersey Trust Corporation Limited. The transaction is subject to regulatory approval. The trust company offers trustee and fiduciary services to its clients. The firm also has over a decade of experience providing trustee services to private equity and real…
Saphyre completes fundraising round
Saphyre, Inc., a U.S.-based fintech that leverages patented AI technology to structure all pre-trade data while eliminating post-trade inefficiencies, has completed its Series A round of USD18.7m, led by HCAP Partners, with J.P. Morgan and BNP Paribas participating in the round.
BP2S to deploy Next Gate tech
BNP Paribas Securities Services and Next Gate Tech have reached an agreement through which BP2S will deploy Next Gate Tech’s data management and NAV oversight technology to support its depositary bank operations, initially in Luxembourg. Next Gate is a Luxembourg-based fintech which recently hired Eduardo Gramuglia, formerly head of State Street in Luxembourg, as its…