Securities services veteran steps away from First Abu Dhabi Bank for new venture
Middle East expert had held roles at Northern Trust, JP Morgan and Brown Brothers Harriman and moves on the pastures new.
Middle East expert had held roles at Northern Trust, JP Morgan and Brown Brothers Harriman and moves on the pastures new.
Internal promotions see two long-standing executives take on new roles under leadership of CEO Mal Cullen.
New office opens as the fund admin giant gains regulatory approval to provide services in the Abu Dhabi Global Market.
Tie-up with GLMX comes off the back of growing demand from clients seeking to expand their BNY Mellon triparty usage beyond uncleared margin into repo financing.
Simultaneously, the watchdog has launched its third, and final, consultation package under the Markets in Crypto-Assets (Mica) regulation.
This week’s fund services round-up features: Apex Group, Citco, Maples Group, Ultimus Fund Solutions, IQ-EQ, Universal Investment Group, Allvue Systems and Permian Group.
The new office grows the custodian’s presence in the country, with three other offices in Dublin, Drogheda and Naas.
DTCC encourages market participants to “ramp up their preparations and testing” and encourages continued collaboration between investment managers and their custodians.
Investment round was led by Key1 Capital and included new investors Euclidean Capital and funds managed by Hamilton Lane.
The investment builds on Euroclear’s acquisitions of MFEX in 2021 and Goji in 2023, and will strengthen its FundsPlace marketplace platform.