Ultimus mandated by ProShares for administration of 116 mutual funds
Under the mandate, Ultimus will provide full-service support including fund accounting, tax, and regulatory services across ProShares’ mutual fund complex.
News
Broadridge names new head of securities finance and collateral management North America
Former Citigroup and Morgan Stanley exec joins to support growth and lead securities finance and collateral management for the region.
BNP Paribas completes integration of HSBC hedge fund admin business
Client and staff migration follows 2023 agreement to absorb hedge fund servicing unit.
U.S. Bank taps Fenergo for investor onboarding overhaul
The partnership aims to digitise and streamline onboarding as part of wider client lifecycle transformation.
Northern Trust appoints new president and CEO of Canadian business
Experienced executive will lead the firm’s asset servicing business in Canada.
Fund services round-up: SS&C, U.S. Bank, Suntera Global and more…
This week’s fund services round-up features SS&C GlobeOp, U.S. Bank, Suntera Global, Euroclear and Apollo, Ultimus Fund Solutions, Yealand Fund Services, TMF Group, and Ogier Global.
SIX names HSBC alumnus as its new head of securities services
Securities services veteran has spent 25 years in senior roles across HSBC and Deutsche Bank in Frankfurt, London, Singapore, Hong Kong and New York.
GIC takes minority stake in Citco in strategic tie-up
Partnership will see the Singapore-based sovereign wealth fund support Citco as it continues to scale its offering.
AccessFintech names interim CEO to replace Roy Saadon
Leadership transition occurs the same week the fintech’s chief product officer stepped away.
BNP Paribas to support Schroders private markets push as asset servicer
Mandate supports Future Growth Capital’s private markets push for UK pension schemes.