All latest asset servicing news

Appital secures £1.7 million investment from Frontline Ventures

11 August 2022 UK
Reporter: Jenna Lomax

Appital, the equity capital marketplace, has secured an additional £1.7 million investment from London-based Frontline Ventures in an effort to bring technological innovation and automation to equity markets

Robert Danes to retire

10 August 2022 UK
Reporter: Jenna Lomax

Robert Danes is retiring from his role as business change manager at BNY Mellon

DTCC launches new tax service

10 August 2022 US
Reporter: Jenna Lomax

The service, known as the 1042-S Classification Announcement, will lower the amount of tax withheld on distributions for non-US investors, prior to the payable date

Arcus Partners appoints Brian Schwartz as director of client experience

10 August 2022 US
Reporter: Jenna Lomax

Schwartz has more than 20 years of experience in financial services and technology. Prior to Arcus Partners, he configured and supported middle office software platforms for medium to large insurance firms including Mercer, WR Berkley, and Homesteade

David Turmaine joins Broadridge

10 August 2022 UK
Reporter: AST

Former J.P. Morgan head of securities and prime brokerage operations joins Broadridge from Accenture to build the firm’s post-trade and digital asset consultancy in EMEA

Northern Trust appoints duo to its North America asset servicing team

10 August 2022 US
Reporter: Jenna Lomax

Northern Trust has appointed Mauricio Sandoval (pictured left) and Dean Marziarz (pictured right) as senior business development representatives for asset servicing in North America

Sionic appoints Anna Harris to lead asset management delivery

09 August 2022 UK
Reporter: Jenna Lomax

Harris has more than 25 years of experience working in the financial industry, with a particular focus on asset management, working with investment managers, service providers and pension schemes

JTC launches fund administration offering in Ireland

09 August 2022 Ireland
Reporter: Jenna Lomax

Commenting on the launch of the administration offering, Kennedy (pictured) says: “We are pleased that JTC has been issued its fund administration licence in a key financial jurisdiction such as Ireland.

Tradition DATA releases full suite of Thai Overnight Repurchase Rate analytical data

08 August 2022 UK
Reporter: Jenna Lomax

THOR will replace the Thai Baht Interest Rate Fixing which will be discontinued after 30 June 2023

Apex Group launches new digital banking service

08 August 2022 Europe
Reporter: Jenna Lomax

The new solution will be delivered by Apex’s subsidiary European Depositary Bank

US SEC increases scrutiny on Coinbase

05 August 2022 US
Reporter: Jamie Wallace

The increase comes after SEC’s action to implement amendments that standardise disclosures regarding cybersecurity risk management, as well as President Joe Biden’s signing of an executive order to crack down on unregulated crypto in March

Apex Group expands with acquisition of Sanne Group

04 August 2022 Global
Reporter: Jamie Wallace

The close of the Sanne acquisition leaves Apex servicing nearly US$3 trillion in assets across administration, depositary, custody and under management

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