LTX, a Broadridge company that runs a digital trading platform, has completed its integration with the Charles River Investment Management Solution. The integration enables Charles River’s order and execution management system users to access aggregated liquidity and leverage transparency and price discovery within their workflows through their existing relationships with their dealers.
Category: FinTech
STP receives new funding
STP Investment Services, a U.S.-based service provider that supports more than USD340bn in total assets, has received an investment from Lovell Minnick Partners, a private equity firm focused on investments in financial services, financial technology and related business services.
State Street licenses Copper.co technology
State Street Digital, State Street’s dedicated digital division, has entered into a licensing agreement with Copper.co, a UK-based provider of institutional digital asset custody and trading infrastructure. State Street Digital will leverage Copper.co’s technology to develop and, subject to receipt of regulatory and other approvals, launch an institutional grade digital custody offering where clients can…
SS&C launches new fund platform
SS&C has launched GoCentral, a platform to optimise its fund administration offering. The intelligent web platform leverages AI and BPR in an exception management-based approach to front, middle and back-office services. GoCentral is an integrated and intelligent, next-generation fund administration platform – a single unified platform to access the information and systems needed to manage…
Ocorian expands with eFront
Ocorian, the C.I.-based administrator, has selected BlackRock’s eFront for its global funds administration platform Ocorian has a long-standing relationship with eFront and will add new capabilities such as fund administration, investor services, AIFM and depositary-lite services. In addition to using eFront for its central administration and transfer agency support, Ocorian will leverage the platform for…
Copper hires COO
Copper, the UK-based provider of custody and prime services for digital assets, has appointed Sabrina Wilson as chief operating officer. She was previously at Citi, where she was the global co-head of the futures, OTC clearing and FX prime brokerage business.
U.S. Bank implements ESG solution
U.S. Bank has deployed Sustainalytics, the provider of ESG research and ratings owned by Morningstar, to offer ESG data solutions to its global fund services clients. U.S. Bank has integrated Sustainalytics’ research and ratings to support portfolio analysis which enables regulatory compliance and investor and financial reporting capabilities to address regulatory and investor reporting demands.…
Preqin expands in Europe
Preqin, the provider of alternative assets data, tools, and insights, has opened an office in Frankfurt, Germany.
HSBC launches new PA admin platform
HSBC has launched a new technology platform to provide private asset administration services to asset owners and managers. The new platform, powered by SEI, offers private asset investors digital workflow and reporting solutions, allowing them to oversee (via a consolidated data stack) all aspects of their operating model – from fund accounting to investor reporting.…
Avanti rebrands as Custodia
Avanti Financial Group, Inc. has rebranded as Custodia Bank, Inc., as a precursor to the launch of its digital asset bank. Custodia Bank plans to launch in Q2 with U.S. Dollar deposit accounts for business customers, initially providing ACH and Fedwire services. The post-launch roadmap includes digital asset custody, Avit (a payment instrument similar to…