Apex Group, the Bermuda-based administrator, has appointed Jean-Daniel Zandona as sales director, based in Luxembourg. He reports to Aman Bahel, European head of sales. Zandona will be responsible for continuing to grow the group’s offering in Luxembourg, which has over 600 employees and is the home of the group’s digital banking and onboarding business and…
Category: Headlines
IQ-EQ hires Jeff Kelly as Cayman country delivery director
IQ-EQ, the Luxembourg-based administrator, has appointed Jeff Kelly as the new country delivery director for the Cayman Islands. He is responsible for overseeing client service delivery within the Cayman office. He joins from Berman Fisher.
SANNE hires Katy Hodgetts as director in Guernsey
SANNE, the UK-based global provider of alternative asset and corporate business services, has appointed Katy Hodgetts as director in its Guernsey office. She joins from BNP Paribas where she had a portfolio of clients managing private equity, debt and real estate assets across a broad variety of fund structures.
State Street joins forces with Coremont to offer E2E service for hedge fund managers
State Street has entered into an alliance with Coremont, the operations specialist that was spun out from Brevan Howard, a UK hedge fund manager. The alliance will provide fully integrated outsourcing services for hedge fund managers, covering front, middle and back office operations, combining Coremont’s portfolio management analytics and support with State Street’s asset servicing…
Ocorian hires Melville Rodrigues as senior consultant
Ocorian, the C.I.-based administrator, has appointed Melville Rodrigues as senior consultant to its fund services team. He joins from Charles Russell Speechlys, a UK law firm.
BP2S begins securities operations in Mexico
BNP Paribas Securities Services has begun operations in Mexico. Through an existing BNP Paribas subsidiary – BNP Paribas Asset Management México, S.A. de C.V. Sociedad Operadora de Fondos de Inversión – BP2S began its Mexico operations in March, providing daily accounting and valuation services as well as tax pricing and regulatory reporting. The Mexico office…
JTC hires two senior managers for new Dublin office
JTC, the C.I.-based independent administrator, has appointed Ronan Reilly as managing director and Imran Khan as director of the company’s new Dublin office. Reilly was previously at Law Debenture, whilst Khan was global head of operations for private capital services at RBC.
iCapital to acquire Artivest
iCapital Network, a financial technology provider for the alternatives industry, has agreed to acquire the Artivest platform and operating businesses. Under the terms of the agreement, iCapital will purchase the majority of Artivest’s assets, including all technology and its operating platform. The transaction also includes management of Artivest’s 28 proprietary alternative investment funds, along with…
Intertrust hires Derek Ramage as head of fund ops in Lux
Intertrust, the Netherlands-based provider of corporate and fund solutions, has appointed Derek Ramage as head of fund operations. He will be based in Luxembourg. Ramage will have responsibility for client service and expanding the company’s Luxembourg-based private capital fund business. He will also have responsibility for the day to day running of fund operations, including fund accounting,…
Northern Trust deploys machine learning for FX management
Northern Trust has enhanced its currency management solutions with machine learning models designed to enable greater oversight of thousands of daily data points and help reduce risk throughout the currency management lifecycle. The solution has been developed in conjunction with Northern Trust’s strategic partner, Lumint Corporation. The advanced technology used by the Robotic Oversight System…