Pirum Systems, the UK-based fintech specialising in automated post-trade services, has appointed Frank Seibold as head of commercial development, Americas. He joins the New York office and will work alongside Matthew Lilien, head of sales for North America. He joins Pirum from CME Group, where he was global head of strategic relationship management & head…
Category: Capital Markets
SAMI consolidates with NTRS
Sanlam Asset Management (Ireland) Limited (SAMI) has appointed Northern Trust to provide fund administration, transfer agency, custody, depositary and FX services. SAMI is an investment management platform managing funds domiciled in Ireland valued at USD8.7bn. It is part of the Sanlam financial services group headquartered in South Africa. Northern Trust is now the sole provider…
BNPP appoints new head of APAC M&FS
BNP Paribas has appointed Benoit Uhlen as APAC head of market & financing services. Based in Hong Kong, he is responsible for further strengthening securities services’ M&FS offering in APAC, including securities lending, FX, triparty collateral management and financing. Uhlen has worked for BNPP’s securities services for more than 25 years.
FXall connects to Saphyre
FXall, a London Stock Exchange business, will implement Saphyre‘s patented technology to expedite their clients’ readiness to trade and reduce delays related to post-trade processes. Clients onboarding new funds through FXall will have a single entry process to set up their funds for all their liquidity providers at one time, and to share related legal…
BBH adds to markets strategy team
BBH has expanded its markets strategy team with the appointment of Elias Haddad as senior markets strategist. Based in London, he will provide insights and research that help clients navigate and understand the global economy and make informed decisions about their FX strategy. Prior to joining BBH, Haddad spent eight years with the Commonwealth Bank…
MUFG hires from Credit Suisse
MUFG Investor Services has hired Tim Bulmer as global head of asset-backed fund financing, based in London. He was previously at Credit Suisse.
Waverton outsources to Northern Trust
Waverton Investment Management, a UK-based manager with GBP9.1bn (USD11.6bn) AuM, has appointed Northern Trust to provide outsourced trading services through its Integrated Trading Solutions business. Northern Trust will cover equities, derivatives and fixed income assets as Waverton’s sole provider of trading services. The appointment followed a review by Waverton of its operating model intended to…
Northern hires global head of collateral
Northern Trust has appointed Barney Binder as global head of collateral. Based in London, he reports to Nadia Ivanova, head of business services for the asset servicing business. Binder joins from HSBC, and has also worked at Morgan Stanley.
Citi appoints new FX head
Citi has appointed Diana Shapiro as global head of FX for its securities services business, based in New York. She was previously head of FX & collateral services for North & Latin America.
BNPP strengthens U.S. agency lending team
BNP Paribas has announced three new hires to its agency lending business in the U.S., including the appointment of John Fox as head of U.S. agency lending. Fox was most recently head of client management and sales – North America for BNY Mellon. Based in New York, he will report to Andrew Geggus, global head…