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Gen II picks Bernacchia
28 January 2025 Luxembourg
Reporter: Clelia Frondaroli

Massimo Bernacchia brings over 22 years’ experience in the financial services industry, with an expertise in investment funds and depository services

BBH implements account-opening API with Clearstream
28 January 2025 US
Reporter: Jack McRae

BBH’s account opening API launched in 2024 and is designed to work across a range of platforms, banks, and transfer agents

Interactive Brokers selects Pirum to automate corporate actions
28 January 2025 US
Reporter: Carmella Haswell

The offering provides a centralised solution for managing corporate actions, including income claims and voluntary corporate actions functionality

Mahvelati becomes Evelyn Partners’ chief operations officer
28 January 2025 UK
Reporter: Clelia Frondaroli

Effective March 2025, Bahador Mahvelati will join the company from PwC UK, where he currently acts as a strategy and operations partner

Hindmarsh welcomed at Clearwater Analytics
28 January 2025 Asia
Reporter: Clelia Frondaroli

George Hindmarsh joins the company from Citigroup, where he held several senior leadership roles within securities services

Upvest selects Clearstream for third-party fund services
28 January 2025 Luxembourg
Reporter: Jack McRae

Upvest hopes that centralising their services through Clearstream’s fund distribution platform will enhance operational efficiencies

Crédit Agricole CIB adds to Distribution and Asset Rotation team
28 January 2025 France
Reporter: Clelia Frondaroli

Crédit Agricole CIB has expanded its Distribution and Asset Rotation (DAR) team in London and Paris with a number of senior leadership hires

MarketAxess appoints Hoornweg to risk and finance committees
28 January 2025 US
Reporter: Daniel Tison

Roberto Hoornweg brings global financial markets expertise, fixed-income knowledge, and leadership experience from several financial institutions to the post

Delta Capita partners with HSBC
28 January 2025 Malaysia
Reporter: Jack McRae

The multi-year agreement means Delta Capita has expanded its operational footprint by establishing hubs in Kuala Lumpur and Manila

Alchemy Pay receives AUSTRAC approval
27 January 2025 Australia
Reporter: Clelia Frondaroli

The company’s successful registration will allow Alchemy Pay to provide fiat-to-crypto payment services to Australian markets

SEC rescind SAB 121
27 January 2025 US
Reporter: Jack McRae

The rule had required reporting entities that act as custodians for crypto assets to include safeguarding liabilities and the corresponding assets as footnotes to financial statements

UK Accelerated Settlement Taskforce proposes T+1 transition date
27 January 2025 UK
Reporter: Daniel Tison

The UK, the EU and Swiss taskforces are now aiming for the same implementation date for the migration to a faster securities settlement cycle