State Street secures asset servicing mandate from Columbia Threadneedle for $431bn of funds
More than 100 Columbia Threadneedle employees will move to State Street as part of the agreement, which spans portfolios in both the US and Europe.
More than 100 Columbia Threadneedle employees will move to State Street as part of the agreement, which spans portfolios in both the US and Europe.
Philippe Tassin, EMEA head of asset owners & managers client lines at BNP Paribas, says data fragmentation and outdated platforms are weighing on investment agility.
He shares how firms are turning to governance, AI, and cloud-based models to build future-ready data infrastructure.
The expansion follows an earlier rollout in Saudi Arabia as the bank builds out its MENA post-trade network.
Termination follows Apex’s inability to secure final regulatory approval; former BNY and European Depositary Bank executive will now lead Edmond de Rothschild’s asset servicing business.
The partnership will now cover EquiLend’s full suite of post-trade and trading automation.
Agreement covers custody, performance measurement, and compliance functions for the public pension fund.
The newly appointed executive boasts almost four decades of industry experience across Citizens Financial Group, MUFG and JPMorgan Chase.
Mandate includes custody, depositary, fund administration and transfer agency with Carne Group as AIFM.
New senior appointments in advocacy, product and APAC, with backgrounds across JPMorgan, BNP Paribas, DTCC and SWIFT.
This week’s fund services round-up features TMF Group, Ultimus, Ocorian, SS&C, Alter Domus and Apex Group.