Global COO Ken Pigaga to Be New CEO of NEX Optimisation Jenny Knott, the CEO of the NEX Optimisation post-trade division of NEX Group, is stepping down from her post as the division undergoes a restructuring, according to NEX Group officials. In addition, Ken Pigaga, global chief operating officer (COO) of NEX, has been appointed… Read More >>
FTF Awards Gala Q&A: Portfolio Fragmentation Will Spur More Scrutiny of Disputes
(Editor’s note: As regulatory reforms regarding collateral take hold at financial services firms, there have been challenges for firms to access enough eligible collateral to meet margining and related requirements. While the regulatory reforms are intended to lower risk and facilitate optimal execution, the situation has become much more complicated. In addition, collateral management has… Read More >>
NEX Optimisation Fills Top Sales Post for ENSO
NEX Optimisation Sales Head to Expand Partnership NEX Optimisation, which characterizes itself as a transaction lifecycle specialist, reports that Paul Busby has been named global head of sales for New York-headquartered ENSO Financial Analytics, its “portfolio finance and centralized treasury management” software tools for the buy-side. He will be responsible for “expanding sales and strategic… Read More >>
New Tool via NEX & Citi Helps Firms Juggle Credit
Vendor NEX Optimisation, in partnership with global bank Citi, has launched Rebalancer, an automated credit-rebalancing tool across five major electronic communication networks (ECNs). Further platforms will be added during the rest of the year. Rebalancer, which addresses limit over-allocation by prime brokers, facilitates and deploys credit in a more cohesive manner from one platform to… Read More >>
Schroders Hires from UBS Wealth Management
Schroders Creates Head of Global Sales Position Global asset manager Schroders has appointed Daniel Imhof head of global sales, a newly created position. This new post “reflects the increasing complexity of clients’ needs and their requirement for specialist knowledge,” Schroders says in a statement. Imhof, who will be based in London, will report to John… Read More >>
NEX Optimisation Shakes Up Business, Senior Managers
Post-trade solutions provider NEX Optimisation has just completed a major reorganization of its business operations and senior management to keep up with the evolving challenges and requirements of its client base, officials say. For the restructure, NEX Optimisation has launched what it describes as five new “solutions pillars” that are based upon NEX offerings TriOptima,… 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 >>
Linedata Admin Edge to Get New Links to Morningstar’s BondPro
Linedata Extends Morningstar Agreement Investment management systems vendor Linedata is expanding its fixed income and credit derivatives coverage for its fund services clients via an extension of its partnership with Morningstar, officials say. “The partnership will provide expanded analytics to meet the requirements of alternative funds and [separately managed accounts] and enhances Linedata Admin Edge’s… Read More >>