Broadridge Financial Solutions, the U.S.-based fintech, has appointed Mike Sleightholme as president of its asset management solutions business. He will be responsible for driving Broadridge’s global asset management business growth, the strategic execution of client and market-focused solutions, and service delivery. Broadridge Asset Management Solutions supports hedge funds, asset managers, family offices, private debt/CLO managers,…
Category: Citi
Copper hires COO
Copper, the UK-based provider of custody and prime services for digital assets, has appointed Sabrina Wilson as chief operating officer. She was previously at Citi, where she was the global co-head of the futures, OTC clearing and FX prime brokerage business.
Sharegain raises USD64m
Sharegain, a UK-registered securities finance fintech, has raised USD64m in a series B round led by WestCap and joined by Citi, EJF Capital LLC and Optiver PSI. Participating existing investors include Maverick Ventures Israel, Blumberg Capital, SixThirty, Rhodium, and the Kessler family office.
Citi links to Bloomberg’s BSKT
Citi and Bloomberg have integrated Bloomberg’s BSKT service with Citi’s proprietary ACES ETF platform to better support Citi’s ETF clients who use BSKT to negotiate fixed income baskets. BSKT is a primary market solution for negotiation, ticketing and routing ETF creation and redemption transactions. ACES features a suite of workflow tools that fully automate the…
Citi China links to BSE
Citi China has established a clearing and settlement solution with China Securities Depository and Clearing Corp. Ltd. (CSDCC) Beijing Branch to support clearing and settlement activities for the new Beijing Stock Exchange and the National Equities Exchange and Quotation Co., Ltd (NEEQ). This makes Citi one of the first international banks to do so for…
Swiss market tests CBDC integration
The Bank for International Settlements (BIS), the Swiss National Bank (SNB), and SIX, Switzerland’s main provider of financial infrastructure services, have concluded the second phase of Project Helvetia, which looks toward a future with more tokenised financial assets based on distributed ledger technology coexisting with today’s systems. SNB and five commercial banks – Citi, Credit…
Citi wins lion’s share of BlackRock’s iShares rebalancing
Citi has emerged as the major winner in BlackRock’s rebalancing of its provider panel for the USD2.3trn iShares’ assets in U.S.-domiciled ETFs. The decision is the culmination of a nearly two year-long due diligence process with the selection of four of the leading custody banks to support the growth of U.S. iShares ETFs and strengthen…
HSBC hires global head of investor services product
CP Yap, who was previously president and CEO of Computershare in Hong Kong, has joined HSBC as global head of investor services product, markets & securities services. He is based in Hong Kong, reporting to Sébastien Danloy, global head of investor services at HSBC, and Brian Godins, regional head of securities services, Asia & MENAT.…
Mirae appoints Citi in Australia
Mirae Asset Global Investments, a Korea-based investment manager with USD218bn AuM, has appointed Citi Australia as provider of custody and fund administration services for its Australian traditional fund business. Kris Walesby, CEO, Mirae Asset Australia said: “We are delighted to partner with a highly experienced partner such as Citi as we strategically look at growth…
Citi strikes deal with Taskize
Citi and Taskize, a Euroclear company, have struck an agreement through which Citi’s custody clients can leverage Taskize’s query management platform to directly connect to their Citi operations counterparts. This collaboration brings together Taskize’s structured workflow capabilities and Citi’s proprietary custody network to create a network effect between Citi, its counterparts and various market infrastructures…