Category: HSBC

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…

Marketnode, the Singapore-based joint venture between Temasek and SGX, has launched Fundnode, an industry-wide investment funds utility using distributed ledger technology. Fundnode will begin by streamlining fund processes, facilitating simplified subscription, redemption, and record-keeping workflows for funds offered to retail investors (Authorised Collective Investment Schemes). Pilot phase participants of Fundnode will include fund distributors, fund…

HSBC has expanded its markets and securities services business into the Abu Dhabi Global Market (ADGM), obtaining an arranging custody licence for sovereign, institutional and investment manager clients. The expansion connects clients to a custodian network across 96 markets and provides a digital platform for securities services activities.

Atin Bogam has joined HSBC in Singapore to lead the APAC global distribution and transfer agency product team, reporting to Jon Willis, global head of distribution support and transfer agency product. Bogam joins from BNY Mellon, where he spent 17 years in various roles across multiple locations, and the last six years leading APAC TA…

HSBC and Mount Street Group have entered into a 10-year strategic agreement with Aviva Investors for asset servicing arrangements for its real assets business, covering GBP50bn (USD60bn) AuM. The mandate will see HSBC and Mount Street assume all fund administration and debt servicing functions on behalf of Aviva Investors’ real assets strategies. The mandate follows…

BNP Paribas has appointed Jen-Thai Ewe as head of client development for securities services in Southeast Asia. Based in Singapore, he is responsible for securities services sales, client relationship management and client services across Southeast Asia. He was previously head of client management – securities services, ASEAN, at HSBC, and also worked at State Street…