SS&C has made two senior sales appointments. Eamonn Greaves has been promoted to global head of sales. Rob Stone succeed Greaves as head of alternative assets sales in North America. Greaves reports to Rahul Kanwar, president and chief operating officer, and Stone will report to Greaves.
Category: Headlines
BNY Mellon launches 24×5 ETF dealing for Irish funds
BNY Mellon has introduced extended dealing hours for Irish-domiciled UCITS ETFs to support the distribution of these products globally. Known as 24×5 ETF Dealing, hours are extended to ETF issuers through BNY Mellon’s transfer agency hubs in Singapore and Syracuse, New York. This means issuers can now deal Irish UCITS ETFs from Monday morning in…
Apex to service EUR10.6bn Prologis European Logistics Fund
Prologis, the U.S.-based industrial real estate investment manager, has selected Apex Group to provide depositary and transfer agency services to the Prologis European Logistics Fund. PELF is Europe’s largest open-ended logistics fund, with assets valued at EUR10.6bn. The fund, which is domiciled in Luxembourg, will be serviced by the Apex subsidiary, European Depositary Bank.
Northern Trust launches securities loan pricing engine
Northern Trust has developed a securities lending pricing engine that uses machine learning and advanced statistical techniques to support revenue growth for clients by more effectively forecasting loan rates.
Northern Trust launches investment analytics tool
Northern Trust has launched a new investment analytics tool to provide institutional investors with further insights when tracking and analysing risk and performance across their portfolios. This latest enhancement – Performance RADAR – is a proprietary reporting tool offering an intelligent user experience for accessing performance, attribution, contributions and ex-post risk results online across individual…
C.I. consolidation as Oak and Fairway agree to merge
05AUG19: Oak and Fairway Group, both C.I.-based administrators, plan to merge. Fairway is an owner-managed fiduciary business with over 100 employees offering trust, corporate, fund administration and pension services in Jersey. Oak, a private client, corporate services and fund administration business, has its HQ in Guernsey, with offices in the Isle of Man, Jersey, Luxembourg,…
NES Financial to service Resolute’s energy funds
05AUG19: NES Financial, the Silicon Valley-based administrator, has been selected by Resolute Capital Partners as the third-party administrator for the firm’s energy asset funds.
Lisa Crawley joins Alter Domus as COO
05AUG19: Lisa Crawley has been appointed chief operating officer of the Luxembourg-based Alter Domus Group. She will be responsible for Alter Domus’ operations globally, reporting directly to Aidan Connolly, CEO. Before joining Alter Domus, Crawley was director of business support at Worldpay in the UK.
Nickolaus Darsch joins Ultimus from SS&C
31JUL19: Nickolaus Darsch has joined Ultimus Fund Solutions as senior vice president, business development. Prior to Ultimus, he held multiple roles within SS&C Technologies (including predecessor firms DST Systems, ALPS and Boston Financial Data Services) in sales, strategic relationship management, product and research groups.
Citi merges equities with PFSS business
30JUL19: Citi is merging its equities and prime, futures and securities services business lines. The motivation, in part, is in reaction to increasing client demand for end-to-end solutions supporting pre-trade, execution and post-trade. The new organisation – Equities and Securities Services (ESS) – will include broad trading and execution capabilities for electronic and complex structured…