BNP Paribas Securities Services will use Allfunds as its preferred fund distribution platform, with the French bank taking a 22.5% stake.
Tag: transfer agency
Northern Trust has hired Calastone's former head of product development lead the implementation of Matrix across fund services.
SS&C helped the UK asset manager giant consolidate and standardise its investor servicing across the combined Aberdeen and Standard Life global operations.
The new dealing services will enable distribution of Irish UCITS ETFs to the Asia-Pacific and Latin America regions.
It is the first major mandate for the new Luxembourg-based division of Apex after it completed the integration of the Warburg business in February.
The 29 transfer agents from Ireland and Luxembourg that participated in the survey processed a combined total volume of orders of 39 million last year.
Northern Trust will provide fund administration, fund accounting, transfer agency and global custody to the Crossmark mutual funds.
SS&C has reported 20 of its largest clients have outsourced some or all of their operational functions to the tech giant over the past two years.
TEEPI’s developments have been made in collaboration with a group of pilot clients, and the platform will continue to develop throughout 2019.
Steven Caluwaerts joins from Citi where he was most recently European head of transfer agency product.