BNY Mellon has appointed Anders Reinertsen as head of asset owners for the Americas, an internal move.
Category: BNY Mellon
BNY Mellon selects ALTO* for control & compliance
BNY Mellon has chosen Amundi Technology and its ALTO* platform to deliver trustee controls and compliance monitoring for depositary and fund administration functions. The solution will be deployed across BNY Mellon global operations. ALTO* Investment Compliance is a component of the ALTO* Asset Servicing, part of Amundi’s ALTO* (Amundi Leading Technology and Operations) portfolio management…
Leith Wheeler expands CIBC Mellon relationship
CIBC Mellon has been selected to provide custody services to Leith Wheeler Investment Counsel Ltd. for several investment funds. This mandate builds on a 25-year asset servicing relationship between CIBC Mellon and Leith Wheeler. Leith Wheeler manages >CAD23bn (USD18bn) for clients across Canada.
Fireblocks hits USD8bn valuation
Fireblocks, the U.S.-based crypto services provider in which BNY Mellon has a stake, has raised USD550m in Series E funding. This brings its valuation to USD8bn, making Fireblocks the highest-valued digital asset infrastructure provider in the world. This follows the recent USD350m fundraising round by Anchorage Digital, the U.S.-based crypto custody platform, valuing the business…
Clearwater hires head of global delivery
Clearwater Analytics, a U.S.-based provider of SaaS-based investment accounting, reporting, and analytics solutions, has hired Diane McLoughlin as head of global delivery. In this capacity, she will set the strategic direction of the company’s global delivery function and lead the team responsible for the onboarding of clients to the Clearwater solution in North America and…
NPS expands relationship with BNY Mellon
National Pension Service of Korea (NPS), thought to be the world’s third largest pension fund, has expanded its agreement with BNY Mellon to include middle office, accounting and risk solutions, delivered through BNY Mellon’s OMNI platform. NPS appointed BNY Mellon in 2018 as its global custodian for its fixed income portfolios, which were recently onboarded.…
Nigel Colgan rejoins BNY Mellon
Nigel Colgan has returned to the UK after a two-year spell with First Abu Dhabi Bank in Abu Dhabi. Colgan rejoins BNY Mellon, where he has spent the majority of his career, as group manager, programme & project management. The role has responsibility for the governance, oversight, execution and implementation of critical or strategic regulatory…
DB hires Mat Kat to head APAC product
Deutsche Bank has appointed Mathew Kathayanat (widely known as Mat Kat) as APAC head of securities services product management. He will be based in Singapore. He was most recently head of product & strategy, APAC at BNY Mellon Asset Servicing, and has previously held a variety of roles with Citi in EMEA and APAC.
Sal Nayeer joins BNY Mellon
Salmaan (Sal) Nayeer has joined BNY Mellon in Hong Kong to head the front to back middle office product in APAC. He was previously at HSBC, where he was the APAC middle office product manager.
BNY Mellon and SNB Capital expand relationship
BNY Mellon and SNB Capital, Saudi Arabia’s largest custodian, are working on a data management solution to support a robust, market-leading and inclusive capital markets ecosystem. Following the 2020 formation of a global custody alliance to deliver securities services capabilities, SNB Capital will deploy BNY Mellon’s data platform within its IT infrastructure in Saudi Arabia.…