Latest news with #ApexGroup
Associated Press
3 days ago
- Business
- Associated Press
Apex Group appoints new Group Chief Information Security Officer
Apex Group hires Azeem Bashir as the Group CISO, overseeing the Group's enterprise-wide Cyber Security Strategy LONDON, UNITED KINGDOM, June 4, 2025 / / -- Apex Group Ltd. ('Apex Group'), the leading global financial services provider, is pleased to announce the appointment of Azeem Bashir as the Group Chief Information Security Officer (CISO). With over 25 years of cybersecurity leadership experience spanning Investment and retail banking, crypto, tokenisation, Blockchain, AI, Oil and Gas, critical national infrastructure, Governmental, and energy sectors, Azeem joins Apex Group at a pivotal time for the organisation, bringing exceptional expertise in cyber resilience, threat intelligence, and secure digital transformation. As a globally recognised and award-winning CISO, Azeem has advised regulatory and governmental bodies across the globe, managed responses to major cyber incidents, and led transformation programmes across EMEA and APAC regions. In his new role, Azeem will oversee and enhance Apex Group's enterprise-wide cybersecurity strategy, focusing on four key areas: • Cyber security: Leading threat identification, detection, protection, response, and recovery across the organisation. • Security strategy: Establishing and managing robust policies and controls to elevate information security maturity. • Technology governance and risk: Chairing the Technology Risk Forum and leading global risk assessments. • Technology assurance: Driving IT audits and due diligence, ensuring compliance and continuous improvement. Azeem is globally recognised for aligning security strategies with business outcomes, building resilient teams, and delivering measurable results across multiple sectors. His appointment reinforces Apex Group's ongoing commitment to securing its data, platforms, and services, while enabling sustainable and innovative growth for its clients worldwide. Azeem Bashir, Group Chief Information Security Officer at Apex Group, said: 'It gives me great pleasure to join the Apex Group and embark on this new chapter. I chose to join the Apex Group as I felt that my values, and the businesses align well - Integrity, Trust, and Innovation. 'To stay ahead of today's evolving threat landscape, we must move beyond traditional models and embrace a risk based, threat intelligence-led, secure-by-design approach. This means embedding resilience at every level and aligning security to support speed, scale and customer trust; security must be a design pillar, not an afterthought.' Also, commenting on the appointment, Marie Measures, Chief Digital Information Officer at Apex Group said: 'We are delighted to welcome Azeem to Apex. His breadth of experience and forward-thinking approach to cybersecurity are exactly what we need as we continue to evolve and grow globally. 'As we navigate an era of increasing digital dependency and sophisticated cyber threats, Azeem's role is crucial in continually strengthening our enterprise cyber security and resilience capabilities. His leadership will play a critical role in reinforcing client trust, protecting our infrastructure, and supporting our innovation agenda.' -ends- Notes to editors About Apex Group Apex Group is dedicated to driving positive change in financial services while supporting the growth and ambitions of asset managers, allocators, financial institutions, and family offices. Established in Bermuda in 2003, the Group has continually disrupted the industry through its investment in innovation and talent. Today, Apex Group sets the pace in fund and asset servicing and stands out for its unique single-source solution and unified cross asset-class platform which supports the entire value chain, harnesses leading innovative technology, and benefits from cross-jurisdictional expertise delivered by a long-standing management team and over 13,000 highly integrated professionals. Apex Group leads the industry with a broad and unmatched range of services, including capital raising, business and corporate management, fund and investor administration, portfolio and investment administration, ESG, capital markets and transactions support. These services are tailored to each client and are delivered both at the Group level and via specialist subsidiary brands. The Apex Foundation, a not-for-profit entity, is the Group's passionate commitment to empower sustainable change. Newsroom Apex Group [email protected] Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Finextra
21-05-2025
- Business
- Finextra
Apex acquires majority stake in tokenisation firm
Fund administrator Apex Group has acquired a controlling stake in Luxembourg-based Tokeny in a move designed to spearhead a push into the tokenisation market. 2 This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Tokenisation, whereby securities are represented on a blockchain-based, distributed ledger, has been seen as a way for the investment industry to embrace digital technology and reach a broader audience of potential investors. Following an initial investment in December 2023, Apex will eventually control 100% of the company over the next three years. According to Apex, the deal shows the fund services firm's commitment to push the institutional adoption of the tokenisation as well as bolstering its own digital assets infrastructure. 'Tokenisation is a foundational shift in how assets will be managed, distributed, and accessed," said Peter Hughes, founder and CEO of Apex Group. "Our strengthened partnership with Tokeny is key to delivering on our vision to be the infrastructure provider in the digital era of finance.' 'Expanding our partnership to now being part of Apex Group enables us to move faster and serve more institutions with a truly global footprint," added Luc Falempin, Tokeny CEO. "We're proud to align with their vision to deliver tangible innovation to the financial industry.'
Yahoo
21-05-2025
- Business
- Yahoo
Apex Group Buys Majority Stake in Tokenization Specialist Tokeny as RWA Trend Soars
Apex Group, a financial services provider with more than $3 trillion in assets under administration, said on Tuesday it had acquired a majority stake in Tokeny, a Luxembourg-based firm that helps institutions tokenize real-world assets (RWA) on public blockchains. According to the deal, Apex expects to take full ownership of Tokeny over the next three years, after first investing in the company in late 2023, Apex said in a press release. The companies did not disclose the terms of the acquisition in the press release, and a spokesperson did not immediately return a request for comment. The acquisition comes as more traditional financial firms are looking at tokenization as the next frontier in capital markets, using blockchain technology for moving assets like bonds, funds and other securities. For institutional investors, the process promises simpler cross-border transactions, faster settlement and new liquidity channels. Tokenized assets could be a $18 trillion market by 2033, a report from BCG and Ripple last month projected. "Tokenization is a foundational shift in how assets will be managed, distributed, and accessed," Apex founder and CEO Peter Hughes said in a statement. "Our strengthened partnership with Tokeny is key to delivering on our vision to be the infrastructure provider in the digital era of finance." Tokeny's infrastructure has already been used to tokenize over $32 billion in assets, supporting the full life cycle of tokenized securities — from issuance to transfer to compliance — and is best known for establishing ERC-3643, a widely used standard for compliant digital asset transfers, the press release said. Apex said Tokeny's team and tools will be brought in-house, and it aims to offer clients a turnkey infrastructure for blockchain-based finance, layering smart contracts and decentralized protocols on top of its traditional in to access your portfolio
Finextra
15-05-2025
- Business
- Finextra
Apex Group appoints new global head of fintech
Apex Group Ltd. ('the Group'), the leading global financial services provider, has appointed Tom Bennett as Global Head of Fintech. 0 In this newly created role, Tom will lead Apex Group's global fintech strategy, enhancing its digital capabilities across private markets, capital markets, and digital assets. Under his leadership, Apex Group will look to further enhance its digital proposition with new initiatives across the entire client lifecycle, including digital onboarding and workflow, AI powered risk and accounting solutions, capital raising solutions, and a new sustainability platform. With a focus on execution and regulatory rigor, Apex Group aims to bridge the gap between traditional asset management and the rapidly evolving digital economy. Tom Bennett's background boasts experience at leading companies such as JLL and BT, and he most recently served as Group Head of Innovation at Aztec Group, prior to joining Apex Group. He has 15 plus years of experience working with tech companies and communities, with a proven track record of building and scaling innovative new ventures and digital products. Commenting on his appointment, Tom Bennett, Global Head of Fintech at Apex Group, said: 'I'm thrilled to join Apex Group at a pivotal time for fintech innovation. Our goal is to build a future-ready platform for TradFi and DeFi with digital infrastructure, from tokenization to AI-driven tools. We're focused on delivering scalable, client-centric solutions that drive real-world impact, while extending our partnerships and accelerating Apex's digital growth. Our recent acquisition of Flow is a perfect example of this.' Zion Hilelly, Chief Product Officer, at Apex Group said: 'We are delighted to welcome Tom to the Apex team. He brings with him a wealth of experience and a fresh perspective that will prove invaluable in driving our strategic direction as both user and provider of tech solutions. This appointment marks the creation of a new role within Apex, highlighting our continued commitment to growth and success within the fintech sector. We look forward to the contributions Tom will spearhead as we continue from strength to strength.'
Associated Press
07-05-2025
- Business
- Associated Press
Coinbase AM Selects Apex Group to Provide Digital Fund Administration Services Amid Surge in Digital Asset Adoption
New York, New York--(Newsfile Corp. - May 7, 2025) - Apex Group, the leading global financial services provider, has announced it has been selected by Coinbase Asset Management (Coinbase AM) 1 to provide fund administration services, which will be delivered by Apex Malta, specifically tailored for digital asset strategies and its newly announced Coinbase Bitcoin Yield Fund (CBYF). This mandate further strengthens Apex Group's strategic alliance with Coinbase AM and reflects the growing institutional adoption of digital assets, driven by the increasing demand for innovative yield-generating projects like CBYF. It also aligns with the broader trend of institutional investors seeking secure, reliable solutions to integrate digital assets into their portfolios amidst heightened regulatory standards and evolving market dynamics. Peter Hughes Apex Group's Founder and CEO, says: 'We're extremely pleased to strengthen our alliance with Coinbase AM to support the launch of CBYF this month. This fund further expands global access to meet the growing demand for bitcoin yield. 'Apex Group has ten years of expertise in crypto fund administration and is committed to innovation. We also have the ability to deliver secure, reliable and scalable solutions and pride ourselves on our capacity to handle the complexities of digital asset fund administration transfer agency and distribution while adhering to fiduciary standards.' Matt Lundy, Coinbase AM's COO and CRO, says: 'The recent launch of the Coinbase Bitcoin Yield Fund has been met with incredible demand from institutional investors looking to earn yield on their Bitcoin holdings. Apex Group's experience in the digital asset space and innovative thinking have allowed us to seamlessly deliver this unique international, institutional-grade Fund with Apex Group's best-in-class administrator services to investors. We are thrilled to continue to build on our relationship with Apex Group.' Aspen Digital, an FSRA-regulated digital asset manager, also played a significant role by seeding the fund and serving as an exclusive wealth-distribution partner in the UAE and Asia. -ends- Newsroom Chanel Townsend | Head of media relations [email protected] | +447391046830 Notes to editors About Apex Group Apex Group is dedicated to driving positive change in financial services while supporting the growth and ambitions of asset managers, allocators, financial institutions, and family offices. Established in Bermuda in 2003, the Group has continually disrupted the industry through its investment in innovation and talent. Today, Apex Group sets the pace in fund and asset servicing and stands out for its unique single-source solution and unified cross asset-class platform which supports the entire value chain, harnesses leading innovative technology, and benefits from cross-jurisdictional expertise delivered by a long-standing management team and over 13,000 highly integrated professionals. Apex Group leads the industry with a broad and unmatched range of services, including capital raising, business and corporate management, fund and investor administration, portfolio and investment administration, ESG, capital markets and transactions support. These services are tailored to each client and are delivered both at the Group level and via specialist subsidiary brands. The Apex Foundation, a not-for-profit entity, is the Group's passionate commitment to empower sustainable change. 1 Coinbase Asset Management LLC and CBAM (Cayman) Ltd. SECZ, both entities are collectively referred to as Coinbase Asset Management To view the source version of this press release, please visit
