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Paralel launches full-service platform
27 January 2023 US
Reporter: Lucy Carter

Fintech firm Paralel has gone live with a new full-service platform for registered fund servicing, the first of its type to be launched in more than 20 years

EDB sees executive management board reshuffle
18 January 2023 Luxembourg
Reporter: Lucy Carter

EDB has appointed managing directors Jean-François Thils (pictured) and Robert Steele as members of its executive management board

Apex acquires Maitland operations
09 January 2023 UK
Reporter: Lucy Carter

Apex Group has completed its acquisition of Maitland International Holdings’ fund services and third-party management company business operations

KAR selects Apex for Australian fund services
16 December 2022 Australia
Reporter: Lucy Carter

Kayne Anderson Rudnick Investment Management has selected Apex to service its Australia-based Global Small Cap Fund

CACEIS to acquire RBC’s European asset servicing business
17 October 2022 France
Reporter: Bob Currie

The deal, which is expected to complete by the end of Q3 2023 subject to approvals, will include custody and global custody FX, securities lending, fund services and middle office, along with RBC Investor Service’s service centre in Malaysia

Polar Capital continues partnership with Northern Trust
11 October 2022 Luxembourg
Reporter: Lucy Carter

Northern Trust has been the asset servicing provider for Polar Capital since the company’s inception in 2001, and will now be responsible for the Melchior Selected Trust

STP Investment Services selects Deep Pool Financial Solutions
07 September 2022 Ireland
Reporter: Klea Neza

STP Investment Services select Deep Pool Financial Solutions to augment accounting and allocation reporting capabilities

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.

Apex Group appointed by Foord Asset Management
11 July 2022 Global
Reporter: Holly Shelton

Apex Group, a global financial services provider, has announced its appointment by Foord Asset Management to support its expansion into the Australian market

Apex secures tax services mandate
30 June 2022 UK
Reporter: Rebecca Delaney

Apex Group has been appointed by Encore Capital Management, a real estate developer, operator and institutional investment management firm, to provide fund administration, investor reporting, and tax services

Wilmington Trust N.A. picks Northern Trust for custody services
17 June 2022 US
Reporter: Jenna Lomax

New York-based Wilmington Trust, a global provider of wealth and institutional services for M&T Bank, selected Northern Trust due to its experience supporting CIT funds

Federated Hermes extends transfer agency partnership with SS&C Technologies
16 June 2022 US
Reporter: Jenna Lomax

As part of the renewed mandate, SS&C Global Investor and Distribution Solutions will continue to provide domestic transfer agency services