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Apex Group acquires majority stake in Fund Admin Chain
15 March 2022 Global
Reporter: Carmella Haswell

The majority shareholding is expected to accelerate the adoption of FAC technologies and set a global standard for the tokenisation of funds

State Street Digital hires new trio
15 March 2022 UK
Reporter: Carmella Haswell

State Street has announced that its digital division, State Street Digital, has added three executives to its leadership team

SmartStream combines two solutions for MiFID II reporting
15 March 2022 US
Reporter: Jenna Lomax

The artificial intelligence-enabled technology, combined with specialist reference data in the cloud, will help firms meet the reporting obligations of the directive

UK regulators advise on sanctions and cryptoassets
15 March 2022 UK
Reporter: Bob Currie

BoE, FCA and OFSI indicate that they are working closely with government agencies and law enforcement worldwide to share intelligence and to prevent evasion of sanctions, including breaches using cyberassets

Gen II Fund Services acquires Update Capital
14 March 2022 Canada
Reporter: Jenna Lomax

Gen II Fund Services has acquired Update Capital, an investment management technology company for the real estate asset class

Perennial Partners picks Apex for fund administration
14 March 2022 Australia
Reporter: Jenna Lomax

Sydney-based Perennial Partners has appointed Apex to provide its fund administration services for its Private Ventures Fund

Citi co-head leaves for new venture
14 March 2022 US
Reporter: Jenna Lomax

Alex Kriete, Citi's director, co-head of digital assets, is set to leave the bank to start a new company in the cryptocurrency sector

BMLL appoints Tim Baker as senior adviser
14 March 2022 US
Reporter: Jenna Lomax

Based in New York, Baker will be responsible for growing BMLL’s US client base, developing and implementing the company's growth strategy in the region

New Forests picks Apex for fund services
11 March 2022 Asia
Reporter: Jenna Lomax

Global investment manager for nature-based real assets New Forests has selected Apex to provide fund services to its Tropical Asia Forest Fund 2

Broadridge’s LTX integrates with the Charles River IMS
11 March 2022 US
Reporter: Jenna Lomax

LTX, Broadridge Financial Solutions’ digital trading platform, has completed a successful integration with the Charles River Investment Management Solution

Robin Vince appointed new CEO of BNY Mellon
11 March 2022 US
Reporter: Jenna Lomax

BNY Mellon has appointed Robin Vince as CEO of BNY Mellon, replacing Thomas Gibbons who is to retire from the company in August 2022

Biden signs executive order for regulation on digital assets
10 March 2022 US
Reporter: Jenna Lomax

President Joe Biden has signed an executive order that highlights the US Government's commitment to ensuring that virtual assets and cryptocurrencies will be subject to further compliance measures with appropriate regulations and supervision