This Week: BNY Mellon; Amazon/Digital Asset; TP ICAP; Hazeltree; SimCorp & More

A summary of some of the past week's financial technology news.


Liontrust Selects BNY Mellon for Outsourced Fund Services

Liontrust Asset Management has selected BNY Mellon to consolidate its outsourced fund services across its UK and Ireland offices. The asset manager completed its acquisition of Alliance Trust Investments for £21.11 million in January 2018, resulting in five different asset serving relationships across the Liontrust business—and thus underwent a selection exercise to choose a single service provider.

The services will include depository

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Brown Brothers Harriman unifies busy suite of AI products

It’s a new world, contend BBH’s Kevin Welch and Josh Fine. After a few years of experimentation that yielded several AI products for the bank and its clients, it was time to put the puzzle pieces together to serve a different way of working post-Covid.

Bank-backed Versana takes aim at syndicated loan tech

Born from a consortium that includes JP Morgan and Bank of America, Versana aims to bring up-to-date and permissioned data to the syndicated loan market—the first step to a more transparent and faster operating market.

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