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.
CIBC Mellon and BNY Mellon to provide fund services for iA Financial Group’s North American expansion
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 $1 billion in assets under management (AuM).
Northern Trust has been appointed the global custodian for the University of Victoria (UVic) to service its CAD$ 2 billion of pension and foundation assets.
The Canadian custody bank collaborated with NEO and other industry players to create the first platform-traded funds process in Canada.
RBC I&TS will create a new head of investor services role, promoting one of its top executives to lead the business.
JP Morgan will continue to hold a 10% ownership interest in EquiLend.