Charles River Development, a State Street company, has appointed Caroline O’Shaughnessy as head of EMEA, where she will be responsible for all business oversight within the region. She joins from The London Stock Exchange Group, where she was chief client officer, global head of sales and marketing for its information services division, and group head…
Category: FinTech
Citi & SimCorp form data management alliance
SimCorp and Citi have formed an alliance through which Citi’s securities services business will integrate post-trade custody data with SimCorp to offer a front-to-back user experience for mutual clients. The collaboration brings together SimCorp’s technology and service solutions with Citi’s proprietary custody network to help clients with data consolidation and consumption, and enhance productivity. The…
Intertrust launches ESG service for PE managers
Intertrust, the Netherlands-based provider of corporate and fund services, has launched an ESG data gathering and analytics solution. The service offers private fund managers an integrated approach to collecting and analysing ESG data and managing ESG risk in their portfolios.
Confluence agrees to acquire Investment Metrics
Confluence Technologies, a technology solutions provider for the investment management and administration industry, has agreed to acquire Investment Metrics for USD500m. Investment Metrics is a provider of investment data, performance, analytics and research software solutions for institutional investors and advisors. Investment Metrics services more than 400 clients across 30 countries, representing over USD14trn in AuA.
Waystone supports Invenomic’s new UCITS fund
Waystone has supported the launch of the Invenomic US Equity Long/Short UCITS Fund on the MontLake UCITS Platform ICAV. The fund was launched with USD35m AuM.
Carne acquires 3D
Carne Group, the Ireland-based provider of fund support services, has acquired Distributor Due Diligence Ltd (3D), a fintech provider that enables fund managers and intermediaries to conduct due diligence on their fund distributors and institutional clients.
Northern Trust & Emerald to deploy Broadridge Private Market Hub
Northern Trust and Emerald Technology Ventures have agreed to deploy the Broadridge Private Market Hub to improve visibility and reduce transaction friction to interact in real-time for Guernsey-domiciled funds. The hub, which was originally developed by Northern Trust, was transferred to Broadridge Financial Solutions, Inc. in 2019. It uses DLT to help solve the challenge…
Broadridge launches proxy service in Switzerland
Broadridge Financial Solutions has launched its “golden copy” event sourcing and proxy vote execution service for custodians and local agents in Switzerland. The Swiss service is the latest addition to Broadridge’s sub-custody Direct Market Solutions product suite that connects investors and issuers.
SEI acquires Finomial
SEI has confirmed the acquisition of Finomial, an investor lifecycle management firm offering cloud-native financial technology. The technology is expected to be added to SEI’s existing investor-focused platforms to further enhance automation and digitisation capabilities, as well as reporting and transparency. Meredith Moss, Finomial founder and CEO, joins SEI, along with a total of 42…
Confluence adds18f-4 derivatives monitoring solution to existing client relationship
Confluence Technologies, a U.S.-based technology solutions provider for the investment management industry, has expanded its partnership with a large Midwest insurance and multi-strategy investment firm that will now deploy Confluence’s cloud-based Revolution platform for its 18f-4 derivatives and risk monitoring needs. The multi-strategy firm, which already uses Confluence’s Unity NXT Regulatory Reporting platform, will implement…