Human capital

ON THE MOVE

State Street names new chief executive

Boston-based institutional investment service provider State Street has promoted Ronald Logue to chairman and chief executive following the retirement of David Spina.

Logue joined the firm in 1990 as senior vice-president and head of investment servicing for US mutual funds, and most recently served as president and chief operating officer, where he oversaw the integration of Deutsche Bank’s Global Securities Services into the firm.

State Street has also

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CME: CFTC OKs clearing move to Google Cloud

The CFTC has given the Chicago-based exchange approval to run its clearing and settlement infrastructure on the Google Cloud Platform, while the exchange and vendor have extended their partnership to last until at least 2037.

Once a blockchain cheerleader, Axoni changes its playbook

The fintech, whose origins can be traced back to the genesis of capital markets’ complicated flirtation with DLT, has largely ditched the tech as the foundation of its data synchronization offering, opting for more familiar territory.

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