Northern Trust has appointed Kate McCabe to lead the OCIO strategy for its asset servicing business unit. In this newly established role, McCabe will be responsible for developing strategic relationships with outsourced chief investment officer firms and the associated investment consultant community. She will report to Melanie Pickett, head of asset servicing, Americas. McCabe was…
Category: Product
Confluence appoints chief product officer
Confluence, a fintech provider for regulatory, analytics, and investor communications in the investment management industry, has appointed Kathleen Keenan as chief product officer. She will oversee Confluence’s product strategy and management, leading the company’s product and marketing divisions. She was most recently vice president of product management for investor communication services at Broadridge. Based in…
Passthrough & Aladdin integrate
Passthrough, a fintech focused on fund workflow automation, and Aladdin, BlackRock’s technology business, have formed a partnership that integrates Passthrough’s digital subscription technology within the eFront platform to offer a unified investor experience. The collaboration enables common clients – from general partners to asset servicers – to digitise their investor onboarding process and deliver scalable…
Clearstream & SimCorp launch new service
Deutsche Börse is beginning to unveil its plans for its recent acquisitions. SimCorp, the fintech, and Clearstream, both owned by Deutsche Börse, have launched a partnership to incorporate Clearstream’s post-trade offering in SimCorp One, SimCorp’s front-to-back investment platform. SimCorp’s clients will have access to Clearstream’s fund data solutions through its Kneip platform to disseminate data,…
U.S. Bank selects Fenergo
U.S. Bank Global Fund Services has engaged Fenergo, the provider of client lifecycle management technology, to digitise and streamline the investor onboarding and service experience. This is the first step in a multi-year transformation for the fund servicing business.
Alchelyst gets Lux approval
Alchelyst, the Ireland-based alts administrator, has received approval to operate in Luxembourg.
Passthrough integrates with Salesforce
Passthrough has integrated with Salesforce to connect the CRM to investor onboarding workflow. Clients using Salesforce can automate investor invites, pre-populate investor data, track real-time status updates, and sync completed documents, without any R&D work.
Citi & SDX collaborate on private assets
Citi and SDX are collaborating on a project for global issuers and investors. Citi will be tokenising, settling and safekeeping assets on SDX’s digital CSD platform and will bring late-stage pre-IPO equities to institutional and eligible investors on the platform. Expected to be live by the third quarter of 2025, Citi and SDX are developing…
Northern Trust joins Ensemble
Northern Trust has joined Project Ensemble, a Hong Kong Monetary Authority initiative, to help develop an experimental framework for cross-border trading of digital carbon credits. The collaboration aims to explore how overseas investors can access tokenised voluntary carbon credits traded in Hong Kong. The project will be supported by the Northern Trust Carbon Ecosystem, a…
BNY granted RHQ licence in KSA
BNY has been granted a regional headquarters (RHQ) licence by the Ministry of Investments in Saudi Arabia. The RHQ in Riyadh will provide strategic, administrative and corporate services for BNY in the Middle East. BNY’s existing asset servicing solutions delivered for clients in Saudi Arabia include global custody services, global risk solutions, custody FX, and…