BBH has launched an enhanced version of InfoAction, a corporate actions SaaS workflow solution for asset managers and financial institutions. Built on BBH’s Infomediary Data Solutions platform, InfoAction automates the event notification and response process, enabling efficient tracking and management of the entire corporate actions workflow and providing a golden record of data. The latest…
Category: Bank Providers
Mereo appoints NTRS
Northern Trust has been selected to provide asset servicing and asset management solutions to the newly–launched reinsurance firm, Mereo Insurance Limited, based in Bermuda. Northern Trust will provide custody services and institutional brokerage solutions, serving as broker for Mereo’s trade execution needs. Additionally, Northern Trust Asset Management will manage a portion of Mereo’s fixed income…
BNPP adds collateral management solution
BNP Paribas has launched the Schedule Manager on its NeoLink client platform, a new triparty collateral management solution that enables clients to enhance collateral optimisation. The Schedule Manager, the latest module of in its triparty collateral suite of tools and services, enables its clients to define, update, monitor and share their collateral schedules, in a…
UniSuper mandates BNPP for data services
BNP Paribas has won a data management mandate from UniSuper, one of Australia’s largest superannuation funds. UniSuper will deploy BNY’s recently launched Data PRISM360 data management solution. The service will offer a more holistic fund view, leveraging the Investment Data Solution of NeoXam, a provider of financial data software. BNPP will deliver a range of…
CACEIS hires ETF specialist from BBH
Eamonn O’Callaghan has joined CACEIS as ETF group product manager, based in Ireland. He has 25 years’ experience within the financial services industry, most of which has been working with ETF issuers. He previously held the position of head of European ETF product with Brown Brothers Harriman and prior to this worked with BNY, HSBC…
BNY to support new stablecoin from SG-FORGE
Société Générale-FORGE (SG-FORGE), an integrated subsidiary of the group dedicated to crypto assets, is to launch a new stablecoin, the USD CoinVertible, on both the Ethereum and Solana public blockchains (ticker: USDCV). BNY will act as reserve custodian.
U.S. Bank selects FRT
U.S. Bank has selected Financial Recovery Technologies (FRT) as its securities litigation service provider for custody clients. FRT provides comprehensive global class action monitoring, robust reporting, filing and recovery services. FRT will file class actions claims and antitrust suits on behalf of U.S. Bank custody clients enrolled in the service who hold impacted securities over…
Liontrust outsources trading
Liontrust, the UK-based active asset manager with GBP21.6bn AuM (USD29bn), has expanded its relationship with BNY with the outsourcing of its trading for investment funds and institutional accounts to BNY’s buy-side trading solutions group. Liontrust’s UK-based traders have joined BNY.
Shah to quit BNY
Akash Shah, chief growth officer and head of growth ventures at BNY, has announced that he is stepping down to pursue new opportunities. He spent seven years at BNY under three different CEOs.
Centralis hires new CCO
Centralis Group has appointed Maarten Heukshorst as chief commercial officer, based in London. He was previously at a fintech.