Trovata, the U.S.-based provider of an API-powered platform for managing cash & liquidity, has integrated the platform with State Street’s Fund Connect. This integration will enable joint clients to access Fund Connect as a third-party investing and trading tool with access to over 25 leading fund managers, from the Trovata platform. Trovata helps businesses to…
Category: FinTech
Yealand selects Confluence for NAV service
Yealand Fund Services, a small UK-based ACD and fund administrator, has selected Confluence’s valuations pricing service to deliver greater transparency and efficiency in the pricing of multi-asset class financial instruments to its clients. Yealand will replace a previous provider to enhance the accuracy of data feeding its operational, portfolio management, and risk management processes while…
Broadridge hires APAC head
Broadridge, the U.S.-based fintech, has appointed David Runacres as president of Asia Pacific. Based in Tokyo, Runacres will also assume the role of senior country officer, Japan. Runacres joins Broadridge from the London Stock Exchange Group, where he spent 12 years as head of Japan.
Ultimus launches fund platform
Ultimus, the independent provider of fund administration, accounting, and investor solutions, has launched Ultimus Registered Alternatives Gateway, a platform for launching registered alternative funds. Ultimus Gateway provides a full-service operating and oversight model with vetted partners, designed to streamline the fund launch process, offering components that enable advisors to navigate regulatory requirements with greater ease.…
Copper shakes up senior management team
Copper, the UK-based provider of digital asset custody, collateral management, and prime services, has made changes to its senior management team. Michael Roberts has been appointed chief commercial officer, after two years as Copper’s head of prime. He succeeds Boris Bohrer-Bilowitzki, who has stepped down after more than six years in the role. Mike Milner…
Euroclear to acquire Inversis
Euroclear has acquired a 49pct stake in Inversis, a provider of global investment technology solutions and outsourced financial services. Euroclear will become the full owner of Inversis by the end of 2027. Financial details of the transaction have not been disclosed. The transaction is subject to customary closing conditions and regulatory approvals. Founded in 2001…
First custody partners join Fireblocks
Fireblocks, an enterprise platform for building blockchain applications and managing digital asset operations, has announced the first members of its global custodian partner program. Launched in May 2024, the partner program enables its customers to connect to trusted licensed custodians, including CloudTech Group, Zerocap, Rakkar, Komainu, and Zodia Custody.
Coremont hires global ops chief
Roy Mennell has joined Coremont, the UK-based fintech which was spun out from Brevan Howard in 2018, as global head of operations. He was previously head of operations at Robocap.
Hex Trust integrates with Talos
Hex Trust, an Asia-based digital asset custodian, has integrated with Talos, a provider of institutional trading technology for digital assets, to create a seamless custody and trading experience for its clients. Hex Trust will become a custodian within the Talos Provider Network, offering its digital asset custody services to Talos clients. This integration will also…
Coremont hires from Northern Trust
Coremont, the UK-based fintech, has appointed Lisita Shah as client service director. Prior to joining Coremont, she spent more than seven years at Northern Trust.