Category: Headlines

Clearstream and Pirum, the securities finance automation provider, have extended their services to offer new collateral connectivity. This allows mutual clients to automate the calculation, matching, submission and validation of collateral requirements and allocations for securities lending, repo and OTC derivative transactions. The extended connectivity assists clients with agreeing collateral on a real-time basis, reducing…

BNY Mellon has entered into a multi-year licensing agreement to adopt the Xceptor tax platform. The Xceptor solution will provide digital process automation for tax documentation management and pre-population, identification of tax relief opportunities, and enhanced submission and tracking of withholding tax reclaims. The phased implementation of Xceptor’s end-to-end tax platform should help to reduce…

BNP Paribas Securities Services has appointed Camille Papillard as head of financial intermediaries and corporates (FI&C) EMEA. She was previously head of clearing and settlement products and custody sell-side solutions, and replaces Stanislas Beneteau, who will now be responsible for continuing the build-out of the FI&C franchise in the Americas, including development of its footprint…

Zodia Custody (Ireland) Limited has been added to the Central Bank of Ireland’s Virtual Asset Service Provider Register, and is now authorised to provide commercial services to clients in Ireland. Zodia Custody, an institutional cryptoasset servicing company headquartered in London, established its Irish subsidiary in August 2021. Zodia Custody is a wholly owned subsidiary of…

Lionpoint and Accelex have formed a strategic partnership to bring end-to-end operational efficiency to the private markets industry. Lionpoint, a U.S.-based consultancy, partners with technology solution providers focused on private markets. Its core services include strategic advisory, operating model optimisation, technology roadmap and solution selection, and systems integration across the front, middle, and back office.…

IQ-EQ, the Luxembourg-based investor services provider, has appointed Diana Senanayake to the dual role of managing director of its Luxembourg headquarters and regional CEO for Continental Europe. In her new position, she will lead the day-to-day running and strategic direction of IQ-EQ’s head office in Luxembourg; as well as taking responsibility for all activities across…

Atin Bogam has joined HSBC in Singapore to lead the APAC global distribution and transfer agency product team, reporting to Jon Willis, global head of distribution support and transfer agency product. Bogam joins from BNY Mellon, where he spent 17 years in various roles across multiple locations, and the last six years leading APAC TA…

BNP Paribas Securities Services has been mandated by FNZ, the global wealth management platform provider, for global custody, asset servicing and transactional services across Germany and other European markets. As part of this mandate, FNZ will deploy BP2S’s broker-to-custody service, which offers integration between the bank’s execution and custody services. BP2S will also provide FNZ…