BNY Mellon Weaves Intermediary Analytics into Asset Servicing BNY Mellon, a provider of investment management and investment services, reports an expansion of its Intermediary Analytics solutions suite, formerly Albridge Analytics. “The integration of Intermediary Analytics into BNY Mellon’s Asset Servicing business facilitates the creation of new and enhanced distribution solutions intended to help BNY Mellon… Read More >>
Firm Revamps Middle Office to Boost Client Transparency
The Stephens Investment Management Group (SIMG) is migrating to an integrated middle office operations platform from SEI that officials at the firm say will upgrade its services for institutional and high-net-worth “in nearly every way.” The Houston, Texas firm says it specializes in domestic equity investment management, “with a focus on small- and mid-capitalization growth… Read More >>
Duco Completes $28 Million Investment Round
Duco to Expand Global Footprint Duco, the cloud-based reconciliation and data-engineering technology company, reports the completion of a $28 million investment round by Insight Venture Partners, NEX Opportunities and Eight Roads Ventures, as well as an investment by Cristóbal Conde, the former CEO of SunGard. Duco says its financial services technology allows banks, brokers, asset… Read More >>
Thomson Reuters Supports Finastra Innovation Platform
Finastra Reaches Out to FinTech Newcomers Finastra is adding Efficiency MC, Conpend and BankBI to its FusionFabric.cloud open architecture, officials announced at the company’s recent regional thought leadership event, Finastra Universe Paris. The vendor, formed from the combination of Misys and D&H, also announced that Thomson Reuters is joining Finastra’s circle as a data… Read More >>
Broadridge Acquires Summit Financial Disclosure
Broadridge, Summit to Integrate Offerings Broadridge Financial Solutions recently announced that it has acquired Summit Financial Disclosure, a financial document management solutions provider in an effort to provide an end-to-end service. The acquisition will lead to the integration of Summit’s document composition and regulatory filing services with Broadridge’s proxy voting and shareholder communications services, officials… Read More >>
Openlink’s CTO Moves Up to CEO Post
Openlink’s O’Malley Becomes Executive Chairman Openlink, a vendor of trading, treasury and risk management solutions, reports that it has promoted internally to replace John O’Malley, the CEO for the past two years, with Rich Grossi who moves up from his post as chief technology officer (CTO). O’Malley will move into the role of executive chairman… Read More >>
Industry Veteran Mack Gill Tapped to Be Torstone COO
Gill Leaves CEO Post at MillenniumIT Torstone Technology, the London-based provider of post-trade securities and derivatives processing, has appointed industry veteran Mack Gill as chief operating officer (COO) and as a member of the board of directors, company officials report. Gill, who will be based in London, was most recently the CEO of MillenniumIT, a… Read More >>
BNY Mellon Fills Top EMEA and MENA Positions
New EMEA Head for BNY Mellon Markets & New Corporate Trust Head for MENA BNY Mellon has appointed Dan Watkins as head of BNY Mellon Markets in Europe, the Middle East and Africa (EMEA), and appointed Paul Farrell as head of sales and relationship management for corporate trust in the Middle East and North Africa… Read More >>
Four Women Nominated for Top Ops Prize of FTF Awards
Four women have made the list of nominees for the Ops Business Person of the Year category of the 2017 FTF News Technology Innovation Awards, reports Financial Technologies Forum (FTF), owner of online news service FTF News and FTF Focus magazine. In addition, FTF reports that it has finalized the list of nominees and has… Read More >>
BNP Paribas Securities Services Fills Key Americas Post
BNP Paribas Securities Services Appoints Head of Americas Region BNP Paribas Securities Services, which tallies over $9 trillion in assets under custody, reports the appointment of Claudine Gallagher as head of its Americas region, in addition to her existing mandate as head of securities services North America. “In this expanded role, Gallagher assumes responsibility for… Read More >>
