In Reference Appointments & Updates Appointments & Updates
Yuill + Kyle has joined MacRoberts LLP. The acquisition aims to enable Yuill + Kyle clients to take advantage of support across the full range of legal service areas provided by MacRoberts. These areas includes all aspects of corporate law including taxation, pensions and share schemes; corporate defence law; employment law; construction, transport and major infrastructure projects; real estate and energy. They also provide a select service to private individuals including family law. Yuill + Kyle will continue to trade under
its name with its team based in MacRoberts’ office on York Street in Glasgow.
Phoenix Asset Management (PAM) has announced the investment by funds managed by Pimco as institutional investors. Following the deal, Steve Lennon –
founder and CIO of PAM – together with the other founding partners, will hold 40% of the corporate capital. AnaCap Financial Europe investment
entities will continue to hold a 30% stake and Pimco investment entities will hold the remaining 30% stake. In continuation of the existing strategy, PAM will still operate as an independent platform of special servicing with the current management team confirmed.
James Snow has joined SamePage Group as a board director. SamePage was set up last year by Rob Evans and Gavin Johns after seeing the potential of implementing software solutions to deliver improvements in the finance-services sector, particularly in terms of ‘speed of service’ and ‘cost of processing’. The cloud-deployed platform aims
Codeweavers’ analysis of motor-dealer technology reveals that costs and agility are both suffering from technology and technology approaches that are not fit for purpose in 2018. Shaun Harris, sales director, said: “Just in the re-keying
of customer data from one system to another, dealers are wasting millions per year. The wider cost and damage to quality in terms of the customer experience will be higher. Dealers need to recognise that just like consumers, they should expect ‘good outcomes’ from their IT suppliers. “Collaboration, not complacency, should be their expectation with technologies
Shaun Harris
talking to one another and taking unwanted friction out of dealer processes and if their incumbent suppliers will not change its time to ‘swipe and delete’ because more than ever there are better options out there.”
Mr Lennon said: “The presence of our
institutional partners will support PAM in the acceleration and optimisation of our growth plan, and extending the panel of clients across banks and international investors.”
A new ‘digital intelligence' service is aiming to help banks and financial institutions to meet the challenges of the new Senior Manager Regime. Neotas provides a way for employers to evidence that their senior managers satisfy the FCA criteria of ‘honesty, integrity and reputation' to ensure they are a ‘fit and proper person' for the job.
Ian Howard of Neotas said: “While
competence, credibility and financial soundness can be determined by traditional background checks, providing evidence of honesty, integrity and reputation is much more difficult. The rules require organisations to consider all relevant matters and take all reasonable steps.”
Tinubu Square has begun the restructuring of its management team following a €53m investment by Long Arc Capital and Bpifrance. This is marked by the appointment of Bijan Olfati as group executive vice president, business development; and Olivier Placca, a co-founder of Tinubu Square, as the new deputy chief executive officer of the company. “Throughout his career, Bijan has
James Snow
to simplify the entire loan-application process for the UK credit industry by providing an entirely digital customer journey. Mr Snow said: “Innovation has been frustrated by legacy software platforms,
costly and complex development and long implementation times. However, SamePage’s cutting-edge technology makes the entire loan-application process quicker, easier, and more cost effective.”
May 2018
www.CCRMagazine.com
established successful business strategies for Fortune 500 companies with offerings to global and local financial institutions in the North American, European, and Asian markets. His experience will allow us to stamp our mark on the international markets,” said Jérôme Pezé, CEO of Tinubu Square.
Equiniti Riskfactor has announced its first Canadian client, Baron Finance, a financial services provider specialising in asset-based lending, invoice factoring, purchase- order financing, and accounts- receivable funding.
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