Texas-based fund consolidates fund services with Northern Trust
Northern Trust will provide fund administration, fund accounting, transfer agency and global custody to the Crossmark mutual funds.
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.
Former Citi and Bank of Ireland transfer agency expert joins up with RBC Investor & Treasury Services.
The platform, called Matrix, will aim to centralise and process all of the data captured by underlying custody, fund administration and transfer agency platforms.
SGSS will become Fineco’s transfer agent and fund administrator in Italy and Luxembourg for its UCITS funds.
Citi has added three key executives to its global securities services and issuer services (SS&I) operations team.
The migration to the platform will replace the legacy platform Northern Trust’s transfer agency business had previously operated on.