BNY takes minority stake in EquiLend
In addition to acquiring a minority stake in EquiLend, BNY will join the 1Source initiative as an initial user.
M&A
Euroclear completes acquisition of stake in Inversis; plans full ownership
Having secured a 49% stake in Inversis, the firm will now move forward with acquiring the remaining 51% to complete the purchase.
Temenos sells Multifonds for $400m to Montagu PE
The transaction for the fund administration software unit is subject to the satisfaction of customary closing conditions and is expected to be completed in Q2.
Crédit Agricole to acquire Santander’s stake in CACEIS to consolidate ownership
The transaction is expected to close in 2025, pending regulatory approvals and other customary conditions.
LSEG divests 5% interest in Euroclear to TCorp
TCorp’s total investment value in Euroclear is $478 million.
BNY closes Archer acquisition
With the acquisition closed, Archer’s middle- and back-office solutions are now integrated into BNY, streamlining managed account support for both institutional and retail clients.
SS&C Technologies to acquire Battea-Class Action Services for $670m
The acquisition aims to enhance securities class action claims management.
Vistra acquires Phoenix American’s fund admin and TA business
Acquisition will include Phoenix American’s proprietary technology platform, which tracks investors and investment transactions.
CACEIS completes integration of RBC’s European operations
After securing regulatory authorisations, CACEIS revamped its legal structures by consolidating entities in France, Luxembourg, Belgium, Ireland, and Switzerland.
ABN AMRO to enter asset servicing business with €672m Hauck Aufhäuser Lampe acquisition
ABN AMRO’s expansion into custody services will now extend to illiquid assets, further broadening its service portfolio.