Gen II Fund Services, the U.S.-based independent private capital fund administrator, has launched Sensr® DataBridge, an addition to its Sensr product suite. Sensr® DataBridge offers a no-code solution, enabling users to integrate fund administration data with both in-house and third-party platforms.
Category: FinTech
Kneip appoints new CEO
Kneip, the Luxembourg-based fund data management company owned by Deutsche Börse, has appointed Elisa Alonso Sanz as the company’s new CEO, effective 1 July 2024. She takes over from Enrique Sacau, who has been CEO of Kneip since 2020, and who will be relocating back to London.She is currently COO of ABN AMRO Investment Solutions.…
Apex goes live with DLT TA
Apex has become what it claims is the first transfer agent and fund service provider to administer regulated securities using blockchain as the book of record. This enables global private market funds to access a more diverse and significantly larger pool of qualified investors. In partnership with Hamilton Lane and Sygnum Bank, Apex created a…
Clearwater buys from Wilshire
Clearwater Analytics, a U.S.-based provider of SaaS-based investment management, accounting, reporting, and analytics solutions, has entered into a definitive agreement to acquire risk and performance analytics solutions from Wilshire Advisors LLC. Specifically, Clearwater will acquire Wilshire Axiom, Wilshire Atlas, Wilshire Abacus, and Wilshire iQComposite, which provide fixed income analytics, equity analytics and performance measurement, accounting,…
iCapital to acquire Mirador
iCapital, the fintech platform supporting the world’s alternative investment marketplace for the wealth management industry, is to acquire Mirador, a provider of investment data aggregation and financial reporting across both alternative and traditional investments, Mirador’s services include consolidated financial reporting, private investment support, offline and alternative investment data management, K-1 document management, and compensation management…
Kraken launches custody solution
Kraken Institutional, the U.S.-based provider of crypto solutions for institutional investors, has launched its qualified custody solution, offered through Kraken Financial, its state-chartered bank. Headquartered in Wyoming, U.S., Kraken Financial is authorised to offer digital asset custody and deposit accounts for institutions. Kraken Financial is a segregated entity, where funds and assets are held remotely…
Fireblocks hires CMO
Fireblocks, an enterprise platform for building blockchain applications and managing digital asset operations, has hired Michal Ferguson as chief marketing officer. Prior to joining Fireblocks, Ferguson built and scaled the go-to-market functions at Snyk, a cybersecurity platform that integrates directly into development tools, workflows, and automation pipelines. BNY Mellon took a stake in Fireblocks in…
Komainu supports USYC
Komainu, a UK-regulated digital asset custody service provider partly backed by Nomura, has begun custody support for USYC, created by Hashnote, the on-chain first digital asset manager, built with the support of Cumberland and DRW. The partnership will enable Hashnote’s USYC to be held in custody by Komainu.
BK and GLMX collaborate on repo
BNY Mellon and GLMX have integrated services to allow buy-side clients to direct repo trades at point of execution to BNY Mellon’s triparty platform. This integration addresses growing demand from clients seeking to expand their BNY Mellon triparty usage beyond uncleared margin segregation into repo financing, helping them to capture more benefits from being on…
Citco upgrades Waterfall tool
Citco has upgraded its Citco Waterfall tool to enable real assets fund clients to automate complex carried interest waterfalls for funds and joint ventures. The new functionality covers unrealised/hypothetical distributions, realised cash distributions and scenario/projection calculations, as well as providing allocation of deal specific carried interest calculations.