Franklin Templeton, the U.S.-based investment management firm that manages USD1.56trn in assets globally, has agreed with FIS, the U.S. based fintech, that FIS will assume operation of Franklin Templeton’s global TA function as a sub-agent or delegate, depending on the jurisdiction. All Franklin Templeton TA employees affected by this change will be given job opportunities.…
Category: Independents
Crestbridge hires new head of UK funds
Crestbridge, the C.I.-based private markets administrator, has appointed Cheryl Bai as director, head of funds UK. She will lead the UK funds team and contribute to the development of Crestbridge’s UK private equity and real estate fund services proposition. She joins from SS&C GlobeOp.
Sanne hires new head of NA hedge
Sanne, the UK-listed provider of alternative asset and corporate business services, has appointed Adrian Bedoya as director, hedge – North America. He will lead Sanne’s hedge business and grow the product offering across North America. He joins from Virtus by FIS, where he was head of portfolio accounting.
Sanne hires new NA bus dev director
Sanne, the UK-listed administrator, has appointed Darrell Pisarra as director, business development – North America. Prior to joining Sanne he was at SS&C Technologies. Sanne recently lost Marta Ciemiega, a U.S. business development director, who moved to Crestbridge.
Apex gets green light for GIFT City
Apex has become one of the first global fund administrators to receive regulatory approval to operate in India’s Gujarat International Finance Tec-City (GIFT City) International Financial Centre. GIFT City is a planned IFSC which is being developed as a global financial and IT services hub, the first of its kind in India. With this latest…
Fred Perard joins SuisseTechPartners
Frédéric (Fred) Perard has joined SuisseTechPartners as head of Europe. STP is a fintech company providing front-, middle- and back-office solutions with a portfolio management system called PMplus. Perard left BNP Paribas Securities Services in 2020, where he was most recently head of Luxembourg and the international financial centres. He will remain in Luxembourg.
Nottingham completes three more ETF conversions
The Nottingham Company, a non-bank ETF fund administrator and consultant to the mutual fund and ETF industry, has completed the conversion of three new ETFs from open-end mutual funds. Each of the ETFs is part of the Adaptive ETF family of funds. Two additional conversions are expected in November. The New York Stock Exchange was…
BNY Mellon adds senior talent to global tax team
Liam Stanbridge has joined BNY Mellon as head of global tax. In this role, Stanbridge will focus on leading client servicing tax solutions for institutional clients and leading the transformation and digitisation of the bank’s tax services offering. He will partner closely with BNY Mellon’s new head of tax product development, Stuart Winny, who has…
IQ-EQ acquires Greyline Partners
IQ-EQ, the Luxembourg-based investor services provider, has acquired Greyline Partners, LLC, a U.S. provider of governance and regulatory compliance solutions for private capital, hedge funds and investors. Founded in 2016, Greyline has 56 people across its six offices located in San Francisco, Dallas, New York, Chicago, Boston and London. Also part of Greyline is GCM…
Confluence strikes deal with FundHero
Confluence, a U.S.-based fintech provider helping the investment management industry solve complex investment data challenges, has secured a multi-year agreement with FundHero S.A., a Luxembourg-based fund service company, that will combine Confluence’s cloud-based Revolution platform with its own technology to provide clients with an exclusive managed software offering. FundHero uses technology and expertise to support…