ZEDRA, the provider of corporate and fund services, is to acquire AlleyBe, a Maltese corporate service provider, trustee and virtual financial asset (VFA) agent. The acquisition will add 25 new team members to ZEDRA’s existing business in Malta.
Category: FinTech
Rimes joins BBH Connectors
Rimes, a provider of data management and investment intelligence solutions to investors and asset managers, has joined BBH Connectors, the Brown Brothers Harriman platform featuring multi-provider, open architecture technology providers. Rimes joins other specialist third-party fintech and service providers that deliver expertise in areas like ESG data, insurance accounting, class action recovery services, and AI.
Torstone appoints head of Japan
Torstone Technology, the UK-based SaaS platform for post-trade securities and derivatives processing and risk management, has appointed Yasuaki Hayashi as senior Japan representative, based in Tokyo. Hayashi-san joins from Interactive Brokers, where he was head of Japan, having helped to establish the firm’s Japanese business in 2008.
Fireblocks certified by ISO across three categories
Fireblocks, the provider of digital asset and crypto technology, has been certified by the International Organization for Standards (ISO) in the categories of security (ISO 27001), cloud (ISO 27017) and privacy (ISO 27018). Fireblocks claims that it is the only crypto tech company to achieve all three certifications.
AssetMetrix hires deputy tech head
AssetMetrix, the Germany-based fintech in which BNP Paribas has a stake, has hired Vasileios Antonopoulos as deputy head of technology. He will be based in Luxembourg. He joins from RBC Investor & Treasury Services.
Northern Trust teams up with Commcise
Northern Trust has enhanced the commission management process for its Integrated Trading Solutions clients through a collaboration with Commcise, a provider of cloud-based software solutions, including commission management and aggregation services, research valuation, consumption tracking and share-of-wallet reporting. The Commcise platform provides managers with automated soft dollar reconciliation, invoice/contract management, commission targeting, broker voting, commission…
Accelerate appoints Tetra for NFT ETP
Accelerate Financial Technologies Inc., a provider of alternative investment solutions, has selected Tetra Trust Company as custodian for Accelerate’s digital assets. Initially, the Accelerate NFT Fund LP, the first Web3 investment vehicle in Canada, will deploy Tetra’s custody solution which enables clients to store and settle their digital assets within a secure environment. Calgary-based Accelerate…
StonePine selects SimCorp for front-to-back solution
SimCorp, a provider of SaaS investment management solutions, will support StonePine Asset Management with front-to-back-office investment processing. The agreement enables StonePine to run all aspects of the portfolio management, trading, and compliance process on the same platform as the post-trade operational activities (reconciliation, corporate actions, trade lifecycle management, etc.) which will be supported by SimCorp…
Cowen Digital to deploy SS&C Eze
Cowen Digital, Cowen Inc.‘s digital asset division, will deploy SS&C Eze‘s institutional OEMS platform to support its clients’ digital asset trading requirements. SS&C Eze’s institutional digital asset trading platform provides broker-agnostic access to institutional liquidity across the market. It also provides market data covering 100+ tokens and 500+ pairs from more than 35 sources, enabling…
Challenger & SimCorp to launch new business in Australia
Challenger, an Australian investment management firm, and SimCorp, a provider of SaaS investment management solutions, have signed a non-binding memorandum of understanding in relation to a strategic partnership to launch a new stand-alone company. The business will provide investment administration services to Challenger, Fidante Partners and third-party clients. As part of the agreement, Challenger will…