Fidinam, a Switzerland-based consultancy firm providing corporate tax and accounting services for digital assets, has partnered with Hex Trust, the Hong Kong-based digital asset custodian and infrastructure platform for banks and financial institutions, to enter the digital asset ecosystem. The partnership enables Fidinam to provide digital asset services to their global clients, leveraging Hex Trust’s…
Category: Product
Maples deploys Geneva for Irish AIFM business unit
MPMF Fund Management (Ireland) Limited, the Maples Group‘s alternative investment fund manager and UCITS management company, has launched technology enhancements. MPMF has implemented Advent Geneva, the portfolio accounting system owned by SS&C, to maintain investment books of record. Geneva is a fully integrated multicurrency portfolio accounting system. In addition, MPMF has implemented MSCI Risk Manager…
BBH sets up NY trust company to service insurance and reinsurance clients
Brown Brothers Harriman has launched a new institutional trust company incorporated in the State of New York, expanding BBH’s servicing suite for insurance and reinsurance firms and their institutional trust arrangements governed across multiple jurisdictions. The BBH Institutional Trust Company of New York will be led by Diane Wiley, SVP and head of insurance relationship…
BNP Paribas planning to expand services in New Zealand via NZX
BNP Paribas Securities Services, which is the first and only global custodian to become a Depository Participant on the NZX clearing and settlement system in New Zealand, is planning to become a general clearing participant within the first half of 2021.
State Street’s BestX launches equities TCA module
BestX, State Street’s FX and fixed income best execution analytics platform, has expanded its execution analytics software and launched a post-trade transaction cost analysis module for equity markets. State Street, which bought TCA specialist Elkins/McSherry in 1999, intends to integrate both platforms to deliver a single TCA offering.
AIA takes new predictive collateral coverage reporting solution from BP2S
BNP Paribas Securities Services has launched a service to help asset owners measure and monitor the counterparty and liquidity risk arising from their derivatives exposure and anticipate their long-term collateral requirements. The service is already in use by AIA Group, a longstanding risk and analytics client. In 2016 AIA appointed BNPP as its OTC derivatives…
Citi deploys bots to offer RT processing for matching & settlement in HK
Citi has launched a proprietary bot technology solution in Hong Kong to offer its securities services clients real-time processing for matching and settlement, giving them the ability to view their trade status consistently throughout the day and to activate stock borrowing in a timely fashion if needed. Citi’s solution uses bot technology to pull data…
Maitland adds IHS Markit loan market feeds to private debt offering
The Maples Group, a Cayman-based fund and corporate services provider, has enhanced its fund services offering for private debt and credit funds through integrated IHS Markit loan market data feeds that support the automated capture of key data to eliminate manual processing, streamline operations and maximise efficiency and control.
HSBC launches ESG reporting service
HSBC has launched an ESG reporting service that provides asset owners and managers with independent measurement of how focused their listed asset investments are around ESG issues. The reporting service will consist of a monthly reporting dashboard, including portfolio-level analysis using ESG ratings and carbon emissions data. The service will use ESG scores and ratings…
MUFG selects Broadridge’s Sentry for private debt admin
MUFG Investor Services has selected Broadridge’s Sentry loan tracking and reporting software to service its clients in the private debt space. The web-based system, which Broadridge added to its solution set with its 2019 acquisition of ClearStructure, enables users to monitor compliance issues and reconcile and aggregate data to streamline or automate processes.