Ocorian, the C.I.-based asset servicing provider for asset managers, private and corporate clients, has acquired Clarity Consulting Solutions Ltd, a UAE- based regulatory and compliance services provider. Clarity was founded in 2020 by Natalie Hodgins and Shamshad Khan who, together with partner Barry Cotter, will join Ocorian and be part of the global regulatory and…
Category: Headlines
Coremont receives capital injection
Coremont, a provider of multi-asset class portfolio management software and analytics, has received a USD40m investment from funds managed by Blue Owl Capital, a U.S.-based asset manager with USD295bn AuM. Coremont was spun off in 2018 from Brevan Howard, the alternatives asset manager.
Clearstream expands fund servicing to UAE
Clearstream has expanded its services to include operational processing for funds domiciled in the UAE. This includes the special purpose domiciles such as the DIFC and the ADGM. Clearstream can now support execution activities for various types of funds, including open-ended mutual funds, closed-ended mutual funds, and closed-ended private equity funds, including VC funds, which…
U.S. Bank appoints MUFG and Citi
U.S. Bank has appointed MUFG and Citi as sub-custodians for five additional markets in its Asia-Pacific custody network. The markets included in this move are Japan, Indonesia, Malaysia, Thailand and Vietnam. U.S. Bank is using MUFG as sub-custodian for Japan; Citi will be sub-custodian for Indonesia, Malaysia, Thailand and Vietnam. With the transition of these…
Ultimus appoints CCO
Ultimus Fund Solutions has promoted Nickolaus Darsch to the role of chief commercial officer. Darsch, who has been at Ultimus for more than six years, is based in Boston.
Blouin to leave BP2S
Annie Blouin, global head of client services and client relationship management for BNP Paribas’ securities services business for the past seven years, is transferring to a new, as yet unannounced role in Montreal. Earlier this year the business consolidated its global client development and territory management divisions under Alessandro Gioffreda. Additionally, Alvaro Camuñas was appointed…
Citco expands coverage for retail alts
Citco, the asset-services provider to the alternative investment sector, has opened an office in Kansas to support its expansion into the retail alternatives market. The office supports the operations of Citco’s recently effective SEC-registered transfer agency, which is focused exclusively on the retail alternatives market. It will serve as the main centre for Citco’s SEC…
Temenos confirms CEO
Temenos, the banking technology provider, has confirmed Takis Spiliopoulos as CEO, effective immediately. Spiliopoulos joined Temenos in 2019 as CFO and assumed the role of interim CEO in September 2025 following the departure of Jean-Pierre Brulard. The company is launching a search to identify a new CFO.
Waystone implements Fenergo
Waystone, the asset management service provider, has implemented Fernergo’s technology platform to enhance client service. Fenergo is a provider of solutions for KYC, AML, and CLM. Gen II Fund Services recently began implementation of Fenergo’s technology across its European operations.
Stevenson joins BNY
Jamie Stevenson has returned to the inserv business after four years with Insight Investment. He has joined BNY in London as head of EMEA asset owners product and platform (BNY owns Insight.) He previously spent 10 years with BNP Paribas before moving to RBC Investor Services, latterly as head of digital client solutions.