BNY has hired two senior managers for its data & analytics business. Jay Hinton joins from Forge as global head of product, and Muthian Ratinasabapati joins from AWS as global head of services.
Category: Product
BNY expands in ADGM
BNY has been granted a category 4 licence by the Financial Services Regulatory Authority for the Abu Dhabi Global Market. This increased offer will include custody and administration of collective investment funds, inter alia.
FundBank granted U.S. licence
FundBank, a bank for alternative asset managers, has been approved by the U.S. Department of the Treasury’s Office of the Comptroller of the Currency to operate a national bank. FundBank, N.A. is headquartered in Texas, with a relationship management office in New York. The bank will begin operations with a limited number of initial clients…
Northern Trust upgrades with CloudMargin
Northern Trust has launched an enhanced active collateral solution designed to help institutional investors manage their collateral more efficiently while meeting the demands of market change. The capability, delivered in collaboration with CloudMargin, a collateral management fintech, will provide enhanced service capabilities, increased transparency on a real-time basis and platform resiliency. This includes automated asset…
Apex partners with 1fs Wealth
1fs Wealth, a UK-based global wealth intelligence provider, has established a strategic partnership with Apex. 1fs Wealth’s AI-driven platform enables wealth owners to consolidate their assets, control risk, manage ownership and derive insights around their portfolio. Through the partnership, Apex clients will have access to 1fs Wealth’s digital infrastructure, which has the potential to help…
Arcesium launches RR solution
Arcesium, a provider of investment lifecycle and data management technology for the global investment industry, has launched a Regulatory Reporting solution that aims to reduce the resources required to manage regulatory compliance. The tool allows investment managers to remain compliant with evolving global reporting frameworks, using a trusted, single source of data pulled from within…
Amicorp granted DIFC licence
Amicorp Fund Services, the Asia-based administrator, has been granted a Corporate Service Provider Licence by the Dubai International Financial Centre. The licence enables Amicorp to provide a full range of company management and administration services.
Cote takes new role at U.S. Bank
U.S. Bank has appointed Laura Cote as head of Global Fund Services (GFS) product. Cote has been with U.S. Bank for three years and was most recently a senior product manager for custody within the chief product office organisation. She previously spent 16 years at BBH, where she held operations and relationship management roles, as…
Pirum extends Euroclear linkages
Pirum, the fintech for securities finance and collateral management, has extended its CollateralConnect service integration with Euroclear’s triparty collateral management platform to support mutual clients’ collateral optimisation needs. The extended connectivity between Pirum and Euroclear allows mutual clients to direct collateral allocations to Euroclear’s triparty collateral management environment. To determine their optimal collateral allocation, mutual…
Apex expands with Flow
Apex has expanded its strategic partnership with Flow with the launch of Apex Ventures. Flow is a provider of private market infrastructure for investment managers. Apex Ventures is a specialist offering for VC managers and provides a unified, streamlined experience throughout the entire investment lifecycle of a VC fund.