U.S. Bank has established a partnership with Enfusion, provider of a cloud-native, SaaS platform for investment managers and asset owners, to provide mutual clients with connectivity to Enfusion’s front-to-back system and middle- and back-office managed services. The platform encompasses portfolio management, order and execution management, accounting and analytics modules, and managed services. The relationship expands…
Category: Front to Back
State Street upgrades ETF E2E service
State Street has expanded its Alpha front-to-back asset servicing platform to support the entire ETF lifecycle with front, middle and back-office capabilities, underpinned by the State Street Alpha Data Platform. The new offering integrates Charles River Development’s front office products with State Street’s ETF servicing capabilities to deliver end-to-end processing for ETF issuers across the…
BlueDrive selects Eze Eclipse
BlueDrive Global Investors LLP, a London–based investment firm, has selected Eze Eclipse as its front-to-back investment management platform.
Deutsche Börse to acquire SimCorp
Deutsche Börse AG and SimCorp A/S have entered into a binding agreement which will see Deutsche Börse make an all cash recommended public takeover offer to acquire SimCorp, valuing the business at EUR3.9bn (USD4.3bn). The transaction is subject to regulatory approvals as well as other customary conditions and is expected to be completed in the…
Broadridge launches front-to-back solution
Broadridge, the U.S.-based fintech, has launched a trading solution that enables clients to achieve increased STP and efficiency, better trading decisions and client insights, improved controls, and reduced risk. The new solution aims to enable clients of Broadridge Trading and Connectivity Solutions to achieve greater agility and faster time to market, improved scalability, and reduced…
State Street to acquire outsourced trading firm
State Street has entered into a definitive agreement to acquire CF Global Trading, a firm specialising in outsourced trading on an agency basis for a variety of asset classes including equities, listed derivatives and fixed income. The transaction is expected to be completed by the end of 2023, subject to customary closing conditions. Financial terms…
Northern Trust adds to Poulter’s role
Northern Trust has appointed Glenn Poulter as global head of brokerage, based in London. He remains global head of Integrated Trading Solutions, reporting to Guy Gibson, global head of capital markets.
Chodosh joins State Street
Adam Chodosh has joined State Street in the EMEA sales team for Alpha, the bank’s front-to-back solution. Chodosh was previously at BBH for 18 years.
Singlife to deploy front-to-back solution
Singlife, the Singapore-based financial services provider, has appointed Citi and BlackRock Aladdin to provide a technology platform to unify its asset management capabilities across its front, middle and back-office. The selection process began with a tender for 11 different front-office and back-office partners, with a total of 28 different combinations assessed. The final selection was…
BP2S hires new global head of B2C business
Edward Duff has joined BNP Paribas as global head of the broker-to-custody business, based in the UK. He previously spent nearly 14 years at Citi, most recently as global head of sales for the execution-to-custody (E2C) business.