Arcesium, a U.S.-based fintech in which J.P. Morgan has a stake, has appointed Mahesh Narayan as institutional asset manager segment head. Narayan will oversee Arcesium’s delivery of its capabilities that support institutional asset managers, including the firm’s cloud-native data platform, investment lifecycle solutions, and associated financial operations. He has joined from BlackRock, where he was…
Category: J.P. Morgan
BNY Mellon hires JPMC veteran as global head of consultant relations
Josh Lavender has joined BNY Mellon as global head of consultant relations for securities services & digital, based in the U.S. Lavender spent over 13 years at JPMorgan Chase, most recently as head of U.S. asset owner consultant relations for the securities services business.
AuC falls at J.P. Morgan
J.P. Morgan has reported an 11pct YoY drop in AuC, from USD32.1trn to USD28.6trn. Securities services revenue rose by 6pct compared to 2Q21.
Ocorian hires global head of investor services
Ocorian, the C.I.-based provider of corporate, fiduciary and fund services, has appointed Don Ross as global head, investor services. He will report to Ocorian’s head of global funds, Garrett Breen. Ross was previously at J.P. Morgan, and has also worked for Quintillion.
State Street Digital hires senior tech managers
State Street Digital has appointed Rob Otter as head of blockchain engineering and Nitin Gaur as digital technology strategy lead. Otter, based in London reports to Aman Thind, chief technology officer of State Street Digital. Gaur, based in Austin, Texas, will report to Otter. Otter joins State Street from JPMorgan Chase, where he was CTO…
J.P. Morgan launches data platform
J.P. Morgan’s securities services business has launched Fusion, a data platform that delivers end-to-end data management and reporting solutions for institutional investors. Fusion will allow clients to integrate and combine data from multiple sources into a single data model that delivers the benefits of scale and reduced costs, along with the ability to more easily…
J.P. Morgan hires senior RBC manager
Dave Scanlan has joined J.P. Morgan as executive managing director, fund services EMEA operations, based in Dublin. Scanlan joins from RBC Investor & Treasury Services, where he spent more than eight years, most recently as global head of specialist product services. His move follows the recent departure of Padraig Kenny, formerly the head of RBC’s…
Saphyre completes fundraising round
Saphyre, Inc., a U.S.-based fintech that leverages patented AI technology to structure all pre-trade data while eliminating post-trade inefficiencies, has completed its Series A round of USD18.7m, led by HCAP Partners, with J.P. Morgan and BNP Paribas participating in the round.
Ultimus hires for PE sales
Ultimus LeverPoint Private Fund Solutions has hired John Lumley as an SVP responsible for new business across the alternative investment practice, with a focus on private equity administration. He joins from J.P. Morgan.
Michelle Butler joins J.P. Morgan
After several months of gardening leave, Michelle Butler has joined J.P. Morgan as head of sales, UK & Ireland, for its securities services business. Butler spent 13 years at HSBC, most recently as Europe head of business development & client management for its securities services business.