CACEIS has renewed its partnership with GemCap Investment Funds (Ireland) PLC, a multi-manager UCITS platform supported by Gemini Capital Management, a UCITS ManCo. GemCap is a specialist in the UCITS fund space, offering Irish-based operational and regulatory solutions. The renewal, for >EUR4.7bn (USD5bn) AuC/A, covers depositary, custody, fund accounting, transfer agency and production of financial…
Category: Headlines
Northern upgrades SAP
Northern Trust has upgraded its SAP Financial Asset Management application to SAP S/4HANA, which enhances its insurance investment accounting and analytics services solution, developed to support the full spectrum of investment accounting and regulatory reporting needs for U.S. insurance companies and corporate and endowment markets. The upgrade incorporates Northern Trust’s interactive digital interface with SAP…
FundBank appoints GC CEO
FundBank, the banking fintech specialising in the asset management sector, has appointed Laura Accurso as chief executive officer and general counsel of its Cayman operation, replacing Colm O’Driscoll, who is promoted to a global leadership role. Accurso was previously chief banking officer. Earlier this year FundBank appointed Steve David as CEO of its European operations.
ULTUMUS partners with Calastone
ULTUMUS has integrated Calastone’s ETF servicing technology with ULTUMUS’ COSMOS ETF creation/redemption platform. The integration allows a full, front-to-back deployment for fund managers and asset servicers to centralise and streamline the entire ETF process, from order capture and approval through order management, cash confirmation, settlement, and reporting. ULTUMUS claims to be the largest PCF calculation…
Temenos finds new CEO
Temenos, the banking software company which owns Multifonds, has appointed Jean-Pierre Brulard as CEO. Andreas Andreades will retire from Temenos after 25 years of service, including 11 years as executive chairman and, since January 2023, taking on the role of CEO during the board’s extended search for a replacement. Brulard, who will be based in…
SimCorp launches integrated platform
SimCorp has launched a new flagship integrated platform solution for the buy-side, SimCorp One. SimCorp One includes Dimension, Axioma, client communications, data management services, and business services, as well as SimCorp’s ecosystem of third-party solutions, all connected to its IBOR platform.
AB expands BBH data mandate
BBH has expanded its relationship with AllianceBernstein by adding to its data management services for fund operations. Powered by Infomediary, BBH’s data integration and connectivity engine, the service involves the curation of fund holdings data, which can be leveraged as part of multiple fund output publications, including regulated fund disclosures. The curated data, which involves…
CBI approves EQT MBO
The Central Bank of Ireland has approved the management buy-out of the Ireland business of Equity Trustees, the Australian administrator. As a result, the company will be renamed Gateway Fund Services Ltd, with Kevin Lavery as CEO. In 2023 EQT Holdings Limited, the ASX-listed holding company for Equity Trustees, reached an agreement to sell its…
Langham Hall supports new DTCP fund
Langham Hall, the UK administrator, has supported DTCP with the final close of its flagship fund, Digital Infrastructure Vehicle II SCSp, which has EUR1.6bn of commitments. DTCP is an independent investment management firm with EUR2.8bn AuM, specialising in investments in European digital infrastructure.
Alter Domus appoints CTO
Alter Domus, the Luxembourg-based provider of fund administration, private debt, and corporate services for the alternative investment industry, has appointed Demetry Zilberg as chief technology officer. He reports to Doug Hart, Alter Domus CEO, and will also join the group executive board. Prior to joining Alter Domus, he was CTO in the digital technology &…