Old Mutual Multi-Managers has completed the conversion to Confluence’s cloud-based Revolution Performance solution, gaining greater operational efficiency and ease of use in performance and attribution reporting. A long-standing client, OMMM, a member of Old Mutual Group, has used Confluence’s legacy performance and analytics platform as an integral component of its data strategy. A cloud-native solution,…
Category: FinTech
Accelex appoints CCO
Accelex, a fintech with an SaaS platform specialising in alternative investment data acquisition, reporting and analytics, has appointed David Watts to its management team as chief commercial officer, reporting to Michael Aldridge, president and chief revenue officer. He was most recently CRO and global head of research at CreditSights before it was sold to Fitch…
PolySign hires new CTO
PolySign, a U.S.-based provider of blockchain-enabled digital asset infrastructure for institutional investors, has appointed Chuck Ocheret as its new chief technology officer, based in New York. He was previously CTO at Symbiont. The PolySign family of products includes MG Stover and Standard Custody & Trust Co. MG Stover is an alternatives fund administration firm, whilst…
Clearwater appoints first CRO
Clearwater Analytics, a provider of SaaS-based investment management, accounting, reporting, and analytics solutions, has appointed Scott Erickson as the company’s first chief revenue officer. He will now oversee Clearwater’s sales efforts in Europe, Asia, and the Americas. This is an internal promotion.
Burgiss partners with Bipsync
Burgiss, the fintech specialising in data & analytics for the alternatives sector, has struck a deal with Bipsync, the U.S.-based research management fintech. The collaboration between Burgiss and Bipsync combines the Private i platform with investment screening, due diligence, CRM, document management, and workflow automation from the Bipsync platform to provide a complete end-to-end lifecycle…
Komainu launches collateral management service
Komainu, the C.I.-based digital asset custody service provider that is backed by, amongst others, Nomura, has launched a collateral management service, Komainu Connect. The offering is live with a selection of clients, enabling leverage of their digital assets in collateralisation trades whilst they remain in secure, regulated custody, segregated and verifiable on chain. Komainu Connect…
UBS executes first intraday repo on DLR
UBS and an Asian bank have executed the first cross-border intraday repo transaction on Broadridge’s blockchain-enabled Distributed Ledger Repo (DLR) platform. The platform provides a utility where market participants can agree, execute, and settle repo transactions, providing flexible settlement cycles based on counterparties’ needs. The DLR Repo platform significantly increases settlement velocity and collateral mobility,…
Swift appoints new chair
The Swift board of directors has elected J.P. Morgan’s Graeme Munro as non-executive chair, and Samantha Emery of Lloyds Banking Group as non-executive deputy chair. The appointments follow the decision of Yawar Shah, chairman for 16 years, to stand down.
Northern Trust upgrades risk analytics services
Northern Trust has enhanced its suite of ex-ante risk analytics services through the release of its new Market Risk Monitor solution. The service provides institutional investor clients with a library of key risk indicators including stress tests, sensitivity shocks and value-at-risk measures, all available via RADAR, Northern Trust’s digital dashboard for investment analytics. It deploys…
Pirum builds key account team
Pirum, the UK-based fintech specialising in securities finance, has hired Sarah Young as a key account director for EMEA. Based in London, she joins Pirum’s newly launched global key account management team led by Bob Zekraus, COO and head of Americas.