TMF Group expands Singapore-based fund services team
The hires are the latest by TMF Group as it looks to bolster its APAC fund services business.
The hires are the latest by TMF Group as it looks to bolster its APAC fund services business.
The move follows its acquisition of RBC’s Australian custody business back in March.
Citi will provide custody and fund administration to four new ETFs launched by Emles Advisors.
Citco has made a number of investments into FinTech firms to complement its core offering and provide enhanced reporting and analytics services.
Revenues among the top 12 securities services providers reached a total of $18 billion during the first half of the year, a growth of just 1%.
Arcesium has hired the former global head of HSBC and Nomura's prime finance sales divisions to lead its expansion in Europe.
iA Financial Group will use technology from both BNY and CIBC Mellon to build an investment operating platform to support its North America expansion plans.
Bank maintains that its securities services business including custody services will not be affected by the deal.
SuMI TRUST developed the transfer agency reconciliation solution in conjunction with Funds Rec for its fund services business in Ireland.
Among the swathe of recent appointments, the former head of investor services for Ireland at Citi has joined to lead BNY Mellon's Irish fund services business.