GPFA adds Canadian pension giant OMERS as latest member
OMERS, which manages around $114 billion of assets, has become the seventh Canadian beneficial owner firm to join the buy-side organisation.
OMERS, which manages around $114 billion of assets, has become the seventh Canadian beneficial owner firm to join the buy-side organisation.
Mandate to include fund accounting, investor services, reporting and data analytics overseen by SS&C’s Toronto team.
The mandate for CIBC Mellon follows the recent announcement by its parent company, BNY Mellon, that it would set up a new Digital Assets unit.
The joint initiative will work on developing an automated collateral management solution for the domestic Canadian market.
With Torstone Technology’s platform, Credit Suisse will consolidate and automate the post-trade operations of its equity trading business in Canada.
RBC I&TS will provide custody and investment administration services for the Presima Yield Fund.
iA Financial Group will use technology from both BNY and CIBC Mellon to build an investment operating platform to support its North America expansion plans.
Pier 21 will utilise CIBC Mellon’s custody and fund administration services for its new institutional pooled funds.
Services to include global and domestic custody, institutional accounting and securities lending for the agency.
CIBC Mellon will provide custody and fund accounting services to 14 CI WisdomTree ETFs with $1 billion in assets under management (AuM).