Category: J.P. Morgan

Two senior hires for BNY Mellon’s asset servicing operations team: Paul Vigilante has joined as head of accounting and investor solutions operations from J.P. Morgan. Based in New York, he reports to Jeremy Dobrick, head of asset servicing operations and technology. Prior to this role, Vigilante held senior operations roles in securities services and asset…

Scott Markowitz has joined J.P. Morgan to head its Americas direct custody business. Markowitz spent four years at HSBC, most recently heading the securities services business in the Americas, following 16 years at BNY Mellon. J.P Morgan has also appointed Tom Casteleyn as head of global custody for EMEA, including responsibility for UK direct custody.…

Hill Country Asset Management, a U.S.-based alternatives manager, has appointed Arcesium LLC, a financial technology and professional services firm, to deploy Arcesium’s joint offering with J.P. Morgan’s Securities Services. Arcesium will provide technology and services for enterprise data management, internal books and records, reconciliation, and treasury workflows, and J.P. Morgan will act as Hill Country’s…

Nearly 20 years after its disastrous foray into the transaction cost analysis business, J.P. Morgan has struck a deal with Abel Noser Solutions, a multi-asset TCA provider. Abel Noser’s analytics will be integrated into J.P. Morgan’s platform, providing asset owner and asset manager clients with a multi-asset post-trade TCA solution. In 2002 J.P. Morgan acquired…

Significantly behind all its major competitors, J.P. Morgan’s securities services division is setting up a new data solutions business. Gerard Francis, who was head of enterprise data solutions at Bloomberg, will head the business, reporting to Teresa Heitsenrether, global head of securities services.

Arcesium, the U.S.-based financial technology and professional services firm, has launched PerformA, a performance allocations product designed to simplify the investor accounting process and reduce the risks, costs, and manual errors associated with spreadsheet-based fund accounting. PerformA is tailored for different client types, including hedge funds, fund administrators, and private equity firms.