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IQ-EQ appoints Shaun Geils as global head of insurance
23 August 2022 Mauritius
Reporter: Lucy Carter

Based in Mauritius, Geils will lead the insurance team while expanding the range of insurance solutions that the company offers

DTCC’s Project Ion live in parallel production environment
22 August 2022 US
Reporter: Bob Currie

The distributed-ledger technology (DLT) driven settlement service, Project Ion, is now processing an average of more than 100,000 bilateral equity trades daily and more than 160,000 transactions on peak days in parallel production

abrdn to become largest external shareholder of UK’s first regulated digital securities exchange
12 August 2022 UK
Reporter: Jenna Lomax

abrdn has concluded a deal to become the largest external shareholder in Archax, the UK’s first regulated digital securities exchange

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

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

TD Bank Group to expand its US investment banking business through Cowen acquisition
04 August 2022 US
Reporter: Jamie Wallace

Through this transaction, TD Securities will accelerate its long-term growth strategy in the US by acquiring the growing investment bank

TCH appoints Rusiru Gunasena as senior vice president, RTP product management and strategy
03 August 2022 US
Reporter: Jamie Wallace

With more than 20 years of experience in payments and fintech, Gunasena will oversee the ongoing growth of the RTP network as senior vice president

Lawrence Nash joins TrustQuay as programme director
02 August 2022 UK
Reporter: Jamie Wallace

In his new role, Nash (pictured) will strengthen TrustQuay’s target operating model through application of technology and will work to increase the company’s operational efficiency

Bank of America, BNY Mellon and Citi invest US$20m in Genesis Global
29 July 2022 US
Reporter: Winnie Lee

Bank of America, BNY Mellon and Citi have invested US$20 million in Genesis Global, a low-code application development platform for financial markets organisations

Symbiont appoints Ann Neidenbach to board of directors
28 July 2022 US
Reporter: Winnie Lee

Neidenbach joins current board members Daniel Gallagher, Shivan Govindan, Jack Markell, and Duncan Niederauer

BNP Paribas Securities Services appoints new head of Southeast Asia
22 July 2022 Singapore
Reporter: John Savage

In this role, Renard will be responsible for BNP Paribas Securities Services’ Southeast Asia commercial and operational hub, continuing to deepen relationships with new and existing clients

Jersey Funds Association reshuffles committee
21 July 2022 Jersey
Reporter: John Savage

The Jersey Funds Association has elected a new committee, headed by Michael Johnson as chairman