Bank of America (BofA) veteran Marty Rose has joined Holley Holland, the self-described “business transformation experts” to build the change management consultancy’s U.S. business, including opportunities in Charlotte, North Carolina, and throughout the region, officials say. Rose, who will be based in Charlotte, has left her post as chief operating office (COO) of the EST… Read More >>
Dutch Pension Fund to Use SimCorp Data Warehouse
Already a SimCorp customer, Dutch pension fund provider Vermogensbeheer B.V. (PGGM) has chosen to use SimCorp’s Data Warehouse solution with the intention of improving its performance, analytic and benchmark operations, SimCorp officials say. PGGM manages roughly €200 billion ($310.9 billion) in pension assets and has been using SimCorp Dimension since 2006, officials say. The decision… Read More >>
Convergex Fills CFO Post
Convergex, an agency-focused brokerage and trading-related services provider, reports that Frederick Arnold has joined the firm as chief financial officer (CFO). Arnold will oversee all global financial operations and serve on the executive committee, responsible for providing organizational guidance and governance, Convergex officials say. Currently a director of Lehman Brothers Holdings Inc. and Corporate Capital… Read More >>
361 Capital Hires Marketing Exec
Mutual fund provider 361 Capital, which specializes in liquid alternatives, has hired Daniel C. Cascarano as its new vice president of national accounts and institutional sales, officials say. In his new role, Cascarano will “lead 361 Capital’s efforts in cultivating key account relationships across institutional and intermediary channels,” according to a company statement. “With volatility… Read More >>
Hedgie CFOs Worry Over EU’s Push to Split Research, Commissions
As European authorities consider a “hard unbundling” of research payments from commissions, a majority of chief financial officers (CFOs) at hedge funds recently polled by execution broker and research provider ITG say they would prefer to segregate the accounts of their European clients and use commission sharing agreements (CSAs) for their non-European clients. ITG surveyed… Read More >>
Caceis Fills U.K. Business Development Director Post
Caceis, an asset servicing banking group for institutional and corporate clients, has named Owain McNeill business development director for United Kingdom clients, officials say. McNeill reports to Annie Blouin, head of regional coverage for North America, U.K. and Ireland, according to a Caceis statement. McNeill, who will manage the teams in charge of U.K. sales activity, is “responsible… Read More >>
Cetera Picks Broadridge Mobile Platform
Cetera Financial Institutions, a self-clearing broker-dealer, has selected investor communications vendor Broadridge Financial Solutions’ Broadridge Mobile solution to functions as the firm’s primary mobile platform, officials say. The Broadridge Mobile solution will allow the firm to “rapidly deploy a distinctively branded, unified advisor and client experience while leveraging a proven enterprise mobile technology platform,” says… Read More >>
Q&A with Advent and SS&C: ‘It’s amazing how money talks’
Editor’s note: This is another in a series of stories about SS&C Technologies and its acquisition of Advent Software. In mid-June, the U.S. Department of Justice cleared SS&C Technologies Holdings’s pending $2.7 billion cash acquisition of Advent Software, which was announced in February. When asked if this action means that the acquisition was going to… Read More >>
Narrative Science Unveils Solution for Wealth Managers
Automated financial reporting software maker Narrative Science has released a new wealth management solution, called Quill Portfolio Review, officials say. The new solution aims to “bridge the gap between the millions of people who need customized financial reporting and the overwhelming amount of data analysis, interpretation and communication skills required to deliver it,” according to… Read More >>
S&P Capital IQ Names Head of CUSIP Global Services
CUSIP Global Services (CGS), which produces identifying instruments and entities for the capital markets, has announced that Scott Preiss, currently CGS’s vice president and chief operating officer (COO), will replace Jim Taylor as head of the organization when he steps down on July 1. CGS is owned by S&P Capital IQ, which is itself owned… Read More >>
