Category: BNY Mellon

Peter Salvage, a veteran of the alternatives fund administration industry, has joined Enfusion, a U.S.-based, private equity-backed fintech that provides front-to-back investment management software and SaaS solutions. Salvage joins as managing director, global head channel & alliance partners, a role that will see him work to strengthen Enfusion’s global channel partnerships with prime brokers, fund…

CIBC Mellon has been selected by Brock University to provide custody, institutional accounting and pension benefit payment services to the Brock University Pension Plan, as well as access to data and investment information. Brock University sponsors a hybrid pension plan, which contains both defined contribution and defined benefit components. Josh Tonnos, Brock University’s chief financial…

BNY Mellon has become the latest custody bank to partner with a fintech to improve the client onboarding experience. It is working with Saphyre, which leverages patented AI technology to digitise all pre-trade activities across multilateral counterparties: asset owners, investment managers/hedge funds, broker/dealers, custodians, and prime brokers. The firms are working together to deploy AI…

BNY Mellon has appointed Laide Majiyagbe as head of financing and liquidity, assuming oversight of the securities finance, liquidity services and collateral segregation businesses. In this newly created role, Majiyagbe will oversee the strategic direction for BNY Mellon’s financing, collateral and short-term liquidity offering. She joins BNY Mellon from Goldman Sachs, where she spent 14…

Ultimus Fund Solutions, an independent provider of fund administration, accounting, and investor solutions, has hired Frank Anduiza as head of private fund sales for Ultimus LeverPoint, the firm’s private fund administration services business. Anduiza joins from BNY Mellon, where he was head of U.S. business development for the alternative investment management sector.