State Street has confirmed the creation of two new senior management roles that are designed to consolidate and streamline oversight of the product and client lines globally. Both positions report to Lou Maiuri, president and head of investment services. Jörg Ambrosius is chief commercial officer, responsible for achieving financial and strategic objectives for clients, as…
Category: Product
HSBC appoints head of global product delivery
HSBC has appointed Alistair Bentivoglio as head of global product delivery for securities services. This role brings together the direct custody & clearing and investor services delivery functions. He joined HSBC’s securities services strategy team in 2020 from BNY Mellon. He reports to Sébastien Danloy, interim global head of securities services, and will join the…
CIBC Mellon partners with InvestorCOM
CIBC Mellon is collaborating with InvestorCOM Inc., a fintech focusing on the compliance disclosure needs of the financial services industry. Through this partnership, CIBC Mellon’s clients can now tap into InvestorCOM’s Publisher solution to ensure print-ready status of financial statements, create management reports for fund performance, and provide quarterly performance disclosure documents.
HSBC streamlines securities services governance
Following the recent changes in senior management, which saw Richard Godfrey depart and Sébastien Danloy installed as interim global head of securities services, HSBC’s securities services business is moving away from its sector structure and streamlining its governance framework. At the management level, the changes cover: Product: Suvir Loomba, previously head of direct custody &…
Apex plans expansion in Nordic region
Apex has appointed Felix Edgren as regional head of corporate product – Nordics. Based in Sweden and reporting to HP van Asselt, global head of corporate products & growth, Edgren will be responsible for leading the delivery and growth of Apex’s corporate services, business services and capital markets services in the Nordic region, as well…
Apex appoints Goji for onboarding
Apex has appointed Goji, a UK-regulated fintech offering investors digital access to alternative investments, to enable alternative asset management clients to manage all stages of the investor lifecycle. Apex’s digital onboarding solution, powered by Goji, provides alternative fund managers with the ability to onboard their investors from any jurisdiction via a single, secure online platform,…
Fnality & HQLAx complete DVP repo PoC
Fnality and HQLAᵡ have completed the first PoC DvP repo settlement across the Fnality Payment System (FnPS) and HQLAᵡ’s Digital Collateral Registry, bridging the DLTs of Enterprise Ethereum and R3 Corda. The proof of concept was supported by the project participants – Banco Santander, Goldman Sachs and UBS – and achieved by connecting HQLAᵡ with…
Northern Trust partners with Saphyre
Northern Trust and Saphyre have automated the account opening process for clients of Northern Trust’s investment operations outsourcing business. The two firms collaborated on the solution, which provides a dynamic middle-office function to increase transparency and efficiency for events including account setup, account maintenance and asset transfer requests.
Broadridge & SLIB extend voting service
Broadridge, the U.S.-based fintech, and SLIB, a software editor for electronic voting and securities services based in France, have gone live with their joint end-to-end global voting solution. The deal builds on the cross-border proxy voting service for France-based investors that hold international shares, launched by Broadridge and SLIB in 2021.
CACEIS partners with Sismo
CACEIS, the European asset servicing group, and Sismo, a French fintech, have formed a partnership to offer a new solution for portfolio analysis and optimisation, as well as investment strategy development. The Sismo web platform is available through the CACEIS Connect Store. Sismo’s solution offers data visualisation and an advanced comparative analysis tool.