Frédéric (Fred) Perard has joined SuisseTechPartners as head of Europe. STP is a fintech company providing front-, middle- and back-office solutions with a portfolio management system called PMplus. Perard left BNP Paribas Securities Services in 2020, where he was most recently head of Luxembourg and the international financial centres. He will remain in Luxembourg.
Category: FinTech
IQ-EQ acquires Greyline Partners
IQ-EQ, the Luxembourg-based investor services provider, has acquired Greyline Partners, LLC, a U.S. provider of governance and regulatory compliance solutions for private capital, hedge funds and investors. Founded in 2016, Greyline has 56 people across its six offices located in San Francisco, Dallas, New York, Chicago, Boston and London. Also part of Greyline is GCM…
Confluence strikes deal with FundHero
Confluence, a U.S.-based fintech provider helping the investment management industry solve complex investment data challenges, has secured a multi-year agreement with FundHero S.A., a Luxembourg-based fund service company, that will combine Confluence’s cloud-based Revolution platform with its own technology to provide clients with an exclusive managed software offering. FundHero uses technology and expertise to support…
BNY Mellon adds MSCI ESG ratings to collateral management
Collateral management clients using BNY Mellon‘s electronic collateral schedule manager, RULE, now have the capability to digitally express their ESG preferences by leveraging ESG ratings and indexes. The firm’s U.S. clients are able to take advantage of these same ESG eligibility capabilities by updating their schedules using current U.S. methodology. The functionality draws on MSCI…
Clearwater hires new head of private assets
Clearwater Analytics, a U.S.-based provider of SaaS-based investment accounting, reporting, and analytics solutions, has appointed Jonathan Flitt as global head of private assets. In this capacity, he leads product management, strategy, and execution to deliver platform capabilities and solutions that provide total portfolio transparency for the private markets space. Flitt joins from BNY Mellon, where…
SEI acquires Novus Partners
SEI has acquired Novus Partners, a global portfolio intelligence platform company. Novus’ platform streamlines data management, performance measurement, reporting, attribution and look-through analysis in a single digital tool. Founded in 2007, Novus works with more than 140 clients who collectively manage over USD4trn in assets. Following the acquisition, operations will continue in all four of…
Northern Trust deploys ML to research for asset allocators
Northern Trust has launched a feature within its Front Office Solutions business that uses machine learning to help asset allocators gain better control of their research process. The new feature leverages knowledge of a user’s past behaviour to tag research management documents with intelligently suggested attributes before uploading them to the Front Office Solutions platform.…
Alter Domus strikes deal with Canoe
Alter Domus, the Luxembourg-based administrator that has USD1.3trn AuA, has struck a deal with Canoe Intelligence to offer data management solutions for alternatives managers that combine automated technology and data accuracy. Canoe specialises in redefining data management processes for alternative investments by deploying advanced data capture technology to automate manual workflows.
Confluence to acquire Compliance Solutions Strategies
Confluence, a technology solutions provider for the investment management industry, has agreed to acquire Compliance Solutions Strategies (CSS), a RegTech company. Founded in 2017 and headquartered in New York, CSS offers a global RegTech platform underpinned by its proprietary Regulatory Book of Record data management solution. Servicing more than 600 clients globally, including nine of…
SimCorp launches Investment Accounting as a Service
SimCorp, a U.S.-based provider of SaaS investment management solutions, has launched Investment Accounting as a Service in response to increased demand from buy-side clients to outsource back-office functions. SimCorp’s multi-asset class Investment Accounting as a Service will deliver multi-jurisdictional and regulatory compliant accounting, analytics and reporting, with an advisory overlay. The service is based on…