Aztec Group has appointed Marcia Rothschild as European desk head within its U.S. commercial team. She joins Aztec from FundBank, where she was senior managing director, head of business development and client relations. Previously, she spent four years at State Street as head of Latin America and the Caribbean.
Category: State Street
ZILO raises USD27m
ZILO, the UK-based fintech specialising in asset and wealth management software, has raised USD27m in a Series A2 funding round. Portage led the round, joined by State Street, both existing shareholders, and management.
Northern Trust hires Jess Donohue
Northern Trust has hired Jessica Donohue as head of product management for asset servicing. Based in Boston, she reports directly to Teresa Parker, asset servicing president. Before taking a break from the industry, Donohue was at State Street, latterly as global head of the asset owner segment.
Ultimus hires senior management duo
Ultimus Fund Solutions has hired John Lehner as president, Ultimus Public Fund Solutions, and Jay Martin as president, Ultimus Private Fund Solutions, Jim Cass will transition to vice chairman of Ultimus, having previously served as president, Ultimus Private Fund Solutions. All three roles report to CEO Gary Tenkman. Martin was most recently president, investment services,…
State Street expands in Japan
State Street and Daiwa Institute of Research have formed a partnership covering fund accounting solutions for investment trust management companies. State Street will implement FAIMS, the investment trust accounting system owned by DIR, for fund accounting solutions in Japan to support global clients. Earlier this year, State Street agreed with Mizuho Financial Group, Inc. to…
Confluences poaches CEO from State Street
Confluence, a fintech providing enterprise data, software, and AI-driven solutions for regulatory, analytics, and investor communications in the investment management industry, has appointed Spiros Giannaros as CEO, effective immediately. Mark Evans, founder and CEO, will transition to executive chairman. Confluence is backed by Clearlake Capital Group, L.P. Giannaros was most recently CEO of Charles River…
State Street selects wealth platform
State Street and Apex Fintech Solutions have formed a partnership that includes a minority investment by State Street into Apex Fintech Solutions. State Street will leverage Apex’s digital custody and clearing platform to expand its wealth services offerings. Apex Fintech Solutions is a fintech platform provider with >200 clients and 22 million brokerage accounts holding…
State Street hires for wealth custody
State Street has appointed Jennifer Stokes as head of wealth custody and clearing. She was previously at Altruist.
Columbia Threadneedle consolidates with State Street
State Street has been appointed by Columbia Threadneedle Investments, the asset management group of Ameriprise Financial, Inc., to provide expanded fund accounting, administration and custody services for Columbia Threadneedle’s pooled funds, including ETFs, in the U.S. and Europe with USD431bn AuM. State Street has provided back-office services to various legacy Columbia Threadneedle mutual funds going…
Apex hires new CFO
Apex has appointed Kimberly DeTrask as CFO and Maxwell Johnston as chief business officer (CBO). DeTrask joins from State Street, where she has served for over 12 years, most recently as treasurer. Before joining State Street, she spent more than 14 years at the Federal Reserve Bank of Boston, where she worked in the risk…