HIGHVERN, the C.I.-based private wealth, corporate and fund administration services provider, has hired Gail Atamosa as a fund director. She was previously at Sanne, the UK-based administrator owned by Apex.
Year: 2023
Clearwater hires from SimCorp
Clearwater Analytics, a U.S.-based provider of SaaS-based investment management, accounting, reporting, and analytics solutions, has hired Josef Sommeregger as region head for DACH (Germany, Austria, Switzerland) and the Middle East. He joins from SimCorp, where he was managing director for the data and communications business line.
Citco enhances waterfall tool
Citco has enhanced its Citco Waterfall tool to enable clients to customise and calculate forward-looking investor distributions and carried interest scenarios on their desktop. The Scenario Modeling enhancement, which is also available as an add-on service within the Citco Waterfall tool, allows clients to generate carried interest projections through a step-by-step wizard, enabling them to…
Pirum extends connectivity with BNY Mellon
Pirum, the UK-based fintech, has extended its connectivity with BNY Mellon through its collateral management platform, CollateralConnect, to allow mutual clients to self-direct triparty collateral allocations using its optimisation algorithm. By leveraging Pirum’s existing market-wide connectivity, the platform now offers a full front-to-back solution to support enterprise-wide optimization across fixed income, securities finance and derivatives.…
Aztec opens in Ireland
Aztec, the C.I.-based alternatives administrator, has established a presence in Ireland with a hub in Kilkenny. This follows the appointment in 2022 of Kevin Hogan as head of Ireland fund services. Hogan joined from State Street. A recruitment drive is now underway to build a team of approximately 30. The roles will cover private equity,…
SS&C hires from State Street
Jonathan Tuthill has joined SS&C GlobOp as a managing director, based in Dublin. He previously spent nearly 11 years at State Street, most recently as head of PE & RE relationship management.
Zodia registers in Luxembourg
Zodia Custody, the UK-based crypto custodian owned by Standard Chartered and operated in association with Northern Trust, has registered its Irish unit with Luxembourg’s financial regulator, CSSF. The registration will allow Zodia to provide digital asset custody services in Luxembourg.
Tygrow appoints EFA
EFA, the Luxembourg-based administrator owned by Universal Investment, has been appointed by Tygrow to provide administration and accounting for its funds. To date, four private equity and real estate funds with more than 100 investors have been launched by Tygrow, valued by EFA. Tygrow is an independent management company based in France.
Formidium launches private markets platform
Formidium, the U.S.-based administrator, has launched Private Fund Admin, a technology platform that it claims will streamline the private fund administration process. Private Fund Admin aims to address the complexities associated with unique structures (cross-border and single/multiple LLC structures), the wide range of private fund administration services (fund setup, ongoing operation/administration solutions, investor KYC/AML, NAV…
Constellation selects Precision LM
Constellation Insurance, a U.S.-based insurer, has selected SS&C Precision LM for its commercial mortgage portfolio. Precision LM loan origination and servicing software will support pipeline tracking, loan servicing, accounting, asset management and regulatory reporting.