Category: FinTech

Intercontinental Exchange, Inc., the U.S.-based provider of data, technology, and market infrastructure, and Confluence, a provider of analytics and regulatory compliance reporting solutions for the investment management industry, have struck a deal that enables Confluence to leverage ICE’s ESG data as part of its ESG SFDR solution, bringing clients a single service that is designed…

Saphyre, the U.S.-based fintech company using patent-approved AI technology to solve pre-trade setups and post-trade issues, has signed Legal & General Investment Management as a client. LGIM will deploy Saphyre’s platform for the onboarding and maintenance of its funds, as well as legal contract and compliance management with its brokers.

SimCorp, a Europe-based provider of SaaS investment management solutions, has implemented a range of strategic data partnerships. SimCorp has agreements with Cambridge Associates (in collaboration with IHS Markit) and Preqin, and has now signed on to PitchBook, a financial data and software company providing global business professionals with data on the private and public markets…

MJ Hudson, the UK-based solutions provider to the asset management industry, has introduced a new custody benchmarking service specifically for clients investing in digital assets. The new service will benchmark the capabilities of major custodians for key themes across digital asset custody provision, including strategy and commitment, digital asset coverage, fraud prevention, private key management,…

Société Générale Securities Services has expanded its range of services for asset management companies wishing to develop professional funds based on crypto currencies. SGSS now offers fund custody, valuation and liability management services. SGSS’s new service has been adopted by Arquant Capital SAS. Arquant, licensed by AMF, is launching a range of specialised professional funds…

AccessFintech, a fintech company specialising in data and workflow collaboration, has completed its USD60m Series C funding round, led by WestCap, its lead investor. Additional investment was secured from BNY Mellon and Bank of America, with further participation from Series B investors Dawn Capital, J.P. Morgan, Goldman Sachs and Citi. The company’s latest funding round…

Allvue Systems, a technology solutions provider for the alternatives sector, has formed an alliance with IQ-EQ to provide back-office servicing to private debt and CLO managers. Through the partnership, Allvue’s clients will have the option to leverage IQ-EQ’s back-office servicing and capital markets advisory offering. Private debt firms and CLO managers that use Allvue’s technology…

Fenergo, the Ireland-based provider of KYC and client lifecycle management (CLM) software solutions for financial institutions, has been appointed by Copper.co, a UK-based provider of custody, trading and settlement services for digital assets, to deploy its SaaS-based CLM and AML solution to onboard increasingly complex client ownership structures. Copper’s clients range from institutional asset managers,…