AssetMetrix, the Germany-based specialist asset servicing provider in which BNP Paribas has a stake, has appointed Joerg von Taube as head of the newly created account management function within its business development team. He joined AssetMetrix in 2017.
Category: FinTech
BondEvalue appoints Citi as bond custodian
Citi has been selected by BondEvalue Pte Ltd to act as a custodian for the underlying bonds traded on BondbloX, its digital exchange for fractionalized assets. Under the agreement, Citi will provide asset safekeeping and servicing solutions. BondEvalue, a Singaporean fintech company founded in 2016, launched the world’s first fractional bond exchange in 2020 after…
BNY Mellon invests in Fireblocks
Fireblocks, a provider of software to store, transfer and issue digital assets, has raised USD133m in Series C venture capital funding. BNY Mellon is one of the investors.
SS&C launches risk scenario & simulation service
SS&C has launched SS&C Algorithmics Scenarios-as-a-Service (ScaaS), a subscription-based risk scenario and simulation service. Using financial risk modeling and the latest global datasets, ScaaS provides stress testing scenarios on macroeconomic factors. The first scenario in the series focuses on the impact of pandemics such as COVID-19. Pandemic risk is the first of a set of…
State Street opens Fund Connect ETF platform to all issuers
State Street has opened up its Fund Connect ETF platform to support all ETF issuers, regardless of their service provider. The platform was previously only available to issuers serviced by State Street. The Fund Connect platform links APs and issuers. Fund Connect ETF is a global online trading portal for the creation and redemption of…
Mainstream partners with Finomial for client onboarding
Finomial, a compliant client lifecycle management platform, is partnering with Mainstream Fund Services, a provider of full-service fund administration and part of Australia-based Mainstream Group. The partnership leverages technology to streamline the investor onboarding processes and enhance investor data security.
SS&C hires Gautam Moorjani to lead intelligent automation solutions group
Gautam Moorjani has joined SS&C to lead its newly formed intelligent automation solutions group. He will report to Mike Sleightholme, senior vice president and general manager. The group will focus on helping clients with digital transformation using technologies such as workflow management, machine learning, natural language processing, and robotic process automation. He joins from PwC,…
PayPal agrees to acquire Curv
PayPal has agreed to acquire Curv to accelerate and expand its initiatives to support cryptocurrencies and digital assets. Curv is a provider of cloud-based infrastructure for digital asset custody and security, with headquarters in New York and an R&D centre in Israel. In 2020 Curv collaborated with BNP Paribas Securities Services on a proof of…
PPS Investments selects SS&C’s Sylvan performance platform
PPS Investments, a subsidiary of the Professional Provident Society in South Africa, has chosen SS&C’s Sylvan platform for global performance measurement and attribution . The platform will support USD2.74bn AuM across PPS Investments’ business.
HSBC launches FX HEAT to analyse FX hedging effectiveness
HSBC has launched FX HEAT, a tool for asset managers and institutional investors to independently analyse the effectiveness of their currency hedging strategies. Users can access independent reports on an automated basis to enhance the governance and oversight of their FX hedging. HSBC’s FX services team worked in collaboration with an independent quantitative specialist to…