California
03 August 2017
Reporter: Jenna Lomax

NES Financial appoints Michael Richards


NES Financial has appointed Michael Richards as senior vice president of fund accounting.

According to the financial technology company, his appointment is a move to strengthen its private equity division.

He will report to Dan Yoder, executive vice president and general manager of the private equity business unit.

Richards has nearly two decades of experience in alternative fund administration and financial reporting.

He joins from Boston-based State Street where he worked in hedge fund and private equity fund administration within the bank’s investment solutions division.

Commenting on his appointment, Richards said: “NES Financial's next-generation third-party solution is poised to completely revolutionise private equity fund administration … They're doing fascinating things in the space."

More news
The latest news from Asset Servicing Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
BNY Mellon sees asset servicing fees growth
18 January 2018 | New York | Reporter: Zsuzsa Szabo
BNY Mellon’s asset servicing fees increased 6 percent year-over-year
AxiomSL hires new EMEA head
18 January 2018 | London | Reporter: Jenna Lomax
Ward will be responsible for developing strategic global relationships
MetLife selects HSBC for custody services
18 January 2018 | Hong Kong | Reporter: Becky Butcher
HSBC Securities Services has been selected as custodian for MetLife across three key markets in Asia
Societe Generale Securities Services and OFI Asset Management have executed the first transactions via the IZNES platform on the Paris market
BBH to provide fund services for DSBI
17 January 2018 | Hong Kong | Reporter: Jenna Lomax
Brown Brothers Harriman & Co will provide custody and fund administration services to Daiwa SB Investments’ (DSBI) first Hong-Kong domiciled fund, the Japan high dividend stocks fund
Standard Chartered hires Lisa Robins
17 January 2018 | Singapore | Reporter: Becky Butcher
Standard Chartered Bank has named Lisa Robins as the new global head of transaction banking, effective 19 February
Murex’s MX.3 goes live at Nationwide
17 January 2018 | London | Reporter: Jenna Lomax
Murex's MX.3 front-to-back risk platform has gone live for Nationwide Building Society's treasury business
More news