CIBC Mellon has been appointed to provide Mackenzie Investments (Mackenzie), part of the IGM Financial Inc. (IGM) family of companies, with enhanced asset management capabilities through OnCore, the middle office platform offered by BNY Mellon. OnCore will be integrated with Mackenzie’s existing business applications and will have the capacity to enable enterprise growth. As part…
Category: BNY Mellon
BNPP strengthens U.S. agency lending team
BNP Paribas has announced three new hires to its agency lending business in the U.S., including the appointment of John Fox as head of U.S. agency lending. Fox was most recently head of client management and sales – North America for BNY Mellon. Based in New York, he will report to Andrew Geggus, global head…
USask expands with CIBCM
CIBC Mellon has been chosen to provide asset servicing solutions to the University of Saskatchewan’s (USask) endowment fund, including custody, institutional accounting, foreign exchange processing and settlement services, and digital solutions including automated tools. This mandate builds on CIBC Mellon’s existing asset servicing relationship with USask.
Daron Pearce launches tokenisation platform
Daron Pearce, who spent 20 years at BNY Mellon before founding his own business in 2021, has launched Tokenbridge, a tokenisation platform which is “set to redefine the landscape of wealth and fund management”.
BNY Mellon invests in MENA fintech
Lunate, the Abu Dhabi-based alternative investment management company with >USD50bn AuM, and BNY Mellon are investing in a new company, Alpheya, that will develop a customised wealth management technology platform for wealth and asset managers in the Middle East and North Africa. Based in the Abu Dhabi Global Market (ADGM), Alpheya will be funded with…
Deutsche Bank hires Nick Bone
Deutsche Bank has hired Nick Bone for the newly created role of head of sales, U.K., Middle East and Africa, for securities services. Bone reports to the EMEA head of sales, Stephen Wilkes. Bone has previously worked at BNY Mellon, Standard Chartered and Brown Brothers Harriman, inter alia.
Alter Domus gets new COO
Alter Domus, the Luxembourg-based provider of fund administration for the alternative investment industry, has appointed Michael Janiszewski as COO. He reports to Doug Hart, Alter Domus CEO, and joins the executive board. He was most recently COO for BNY Mellon’s securities services and digital business.
CIBC Mellon appoints CX chief
CIBC Mellon has appointed Mary Ann MacKenzie as chief client experience officer. MacKenzie has been at CIBC Mellon for 10 years, and was previously in relationship management. She is based in Toronto.
BNY Mellon launches new FX service
BNY Mellon has launched Universal FX, a new platform that helps clients manage and centralise their portfolio execution, regardless of the location of their custodian, prime broker or trade settlement bank. Targeted clients include investment managers, corporates, hedge funds and wealth managers. Universal FX builds on BNY Mellon’s OneFX suite of solutions and banking capabilities…
Vroegop joins BNY Mellon
Simone Vroegop has joined BNY Mellon as EMEA head of investment managers, based in London. She replaces Mark Moor, who is retiring. Vroegop reports to Irene Speridakos, global head of investment managers. She was previously at BBH, where she led strategy for the investor services business, and also spent nearly 15 years at State Street.