State Street has selected Amazon Web Services and Microsoft to provide cloud and infrastructure solutions as part of its technology transformation strategies
Software firm Securrency has named Nadine Chakar as CEO, effective from 9 January. She replaces Securrency founder Dan Doney, who will now serve as chief technology officer
In the Germany-based role, Przewloka will lead SSBI’s custody and investment servicing business in Continental Europe. He replaces Stefan Gmuer, CEO for the past two decades
State Street agreed that “it is not in the best interests of clients, shareholders or employees to continue to invest time and resources in the transaction in this challenging financial services M&A environment”
State Street has been appointed by China’s Harvest Fund Management to provide onshore CNY foreign exchange hedging services for the Qualified Domestic Institutional Investor investment funds
The mandate will see State Street provide back office services, including custody, accounting and unit pricing, performance and analytics, tax and regulatory reporting and loan servicing
State Street is to open a new office in Chile to help the firm serve and support institutional clients in South America, with a focus on custody, fund administration and securities lending