Vanguard hires ex-Oppenheimer pro as architecture head
Mandar Kothavale also spent 13 years building out MetLife’s software applications
View ArticleCushing Asset Management drops KPMG for EY in audit swap
MLP fund change means EY now acts as sole auditor for Texas manager’s $2.7bn fund lineup
View ArticleBNY Mellon execs outline organic servicing biz growth through tech, partnerships
Asset servicing CEO says huge increases in tech spend should help it see off new competitors
View ArticleState Street to cut 250 IT roles
Move is part of firm’s cost-cutting initiative which will see 2,300 jobs go
View ArticleJPM building out global tech hub in Scotland
Financial services titan searching for engineers, managers for asset and wealth management projects to work in expanding Glasgow outpost
View ArticleBNY Mellon strikes Bloomberg partnership as part of “provider agnostic model”
Move follows deal with BlackRock’s Aladdin as servicer takes different approach to acquisitive rivals
View ArticleThe ops challenges when building out nontransparent ETFs
Experts note increased compliance checks, audit trails and oversight over APR role and disclosure requirements
View ArticleBroadridge pushes into crypto servicing with Shadow Financial Systems buy
New Jersey firm will give servicer crypto and exchange-traded derivatives capabilities
View ArticleCiti wins mandate for $80bn of USAA assets following Victory buy
Deal extends Citi’s custody, admin relationship with existing Victory mutual funds and ETFs
View ArticleMorgan Stanley exec to lead asset servicing for consulting firm Sionic
Jim Monahan, who oversees a six-person team, is planning projects across shareholder rights and risk management
View ArticleBroadridge adds to manager communication suite with Appatura buy
Third acquisition this month increases scale for Broadridge’s reg solutions set
View ArticleFund managers increasingly offering service providers a seat at the exec table
Leveraging partnerships over simple vendor contracts is key to outsourcing success, execs say
View ArticleNorthern Trust and Ultimus out as Wilshire switches multiple vendors on fund...
US Bank stepping in as administrator and custodian, Compass filling principal underwriter role
View ArticleState Street alts IT head joins hedge fund giant
John Pinto hired by Izzy Englander's Millennium Management after thirteen years with Boston firm
View ArticlePE firm Abry makes ‘substantial’ investment in IT servicer Options
Latest funding tops $100m investment from Bregal Sagemount in 2017
View ArticleHow can fund groups pinpoint fintech that really boosts business?
Senior execs from Principal Funds, Franklin Templeton and Manulife explain how they evaluate the plethora of new tech solutions aimed at supporting functions across the fund complex
View ArticleIBM to power Broadridge infrastructure through hybrid cloud strategy
Deal will see open source tech platform used to develop new SaaS offerings
View ArticleAllianceBernstein to add 200 more jobs to new Nashville HQ
New positions created from insourcing range of tech, ops, compliance and audit roles
View ArticleSegall Bryant & Hamill taps Ultimus to service mutual fund range
$20bn Chicago-based asset manager moves away from series trust relationship
View ArticleBroadridge continues aggressive M&A push with FundsLibrary buy
Acquisition of London-based fund document and data dissemination firm part of global growth strategy
View Article
