Aviva Investors, the global asset management business of Aviva plc, has appointed BNY Mellon to provide a fully integrated operating model for certain front-office support services, as well as middle- and back-office activities. BNY Mellon will provide a comprehensive solution which encompasses asset services including custody, fund administration and depositary, as well as more advanced…
Category: BNY Mellon
BNY Mellon hires network management veteran
Paul Hedges has joined BNY Mellon in London as lead specialist, global network management. He was a founding member of The Securities Services Advisory Group, and has previously worked at several major custody banks, including HSBC, J.P. Morgan and RBC.
BNY Mellon invests in AccessFintech
AccessFintech, a fintech company specialising in data and workflow collaboration, has completed its USD60m Series C funding round, led by WestCap, its lead investor. Additional investment was secured from BNY Mellon and Bank of America, with further participation from Series B investors Dawn Capital, J.P. Morgan, Goldman Sachs and Citi. The company’s latest funding round…
J.P. Morgan promotes Michelle Butler
Following the appointment of Dennis Burgers as co-head of EMEA sales for J.P. Morgan’s investor services business, Michelle Butler has been confirmed as the other co-head. Butler was previously head of sales for UK & Ireland, having joined from HSBC at the beginning of 2022. This follows the recent hiring of BNY Mellon’s Ileana Sodani…
CIBC Mellon wins cancer fund mandate
CIBC Mellon has been chosen to provide asset servicing solutions, including custody, institutional accounting, unitisation services, FX processing and settlement services, and investment information data access via the NEXEN platform, to the Princess Margaret Cancer Foundation (PMCF). The PMCF raises funds that accelerate cancer research, education and clinical care, in support of patients at Princess…
FundGuard adds to sales team
FundGuard, the provider of an investment management and asset servicing platform, has hired Greg Farrington. He will be responsible for accelerating the company’s revenue growth through expansion of new and existing channels. Prior to joining FundGuard, Farrington worked as a commercial strategy lead and a global head of sales in S&P Global’s software solutions business.…
Another BBH RM joins BNY Mellon
Meghan Palleria has become the latest manager to defect from Brown Brothers Harriman to BNY Mellon, joining as a senior relationship manager in the investment managers segment. She is based in Boston. So far this year, there have been at least 10 publicly known moves from BBH to BNY Mellon.
SS&C hires Scally
Steven Scally has joined SS&C in the UK as technology solutions director. He had a brief spell at HSBC after working at BNY Mellon for four years.
BNY Mellon adds tax talent
Lars Heise has joined BNY Mellon as global head of fund tax services, based in the U.S. He was previously at J.P. Morgan. BNY Mellon recently entered into a multi-year licensing agreement to adopt the Xceptor tax platform. In 2021, BNY Mellon substantially bolstered its global tax team, hiring Liam Stanbridge from State Street as…
Laurent Born joins BNY Mellon in Lux
Laurent Born has joined BNY Mellon as head of depositary bank services in Luxembourg. He previously spent more than 17 years at RBC Investor & Treasury Services. His appointment follows the recent announcement that Brenda Bol had been appointed as the new branch manager for BNY Mellon in Luxembourg.