Category: Product

BNY Mellon has established a connection of its short-term investment platform, LiquidityDirect, with Kyriba, a provider of cloud-based treasury and finance solutions. This combines Kyriba’s secure, scalable SaaS solution with the LiquidityDirect platform to enhance liquidity performance and unlock better cash visibility. This agreement continues BNY Mellon’s ongoing collaboration with several leading treasury workstations and…

Manaos, the ESG platform owned by BNP Paribas, has entered into a strategic partnership with SESAMm, a provider of ESG controversy data powered by advanced generative AI. Through this partnership, Manaos will integrate SESAMm’s ESG controversies data into its platform, offering a dedicated dashboard and controversies reports for institutional investors and asset management companies. This…

Aztec Group, the alternatives administrator, has received licences from the Central Bank of Ireland to provide fund administration and depositary services, following its launch into the Irish market in 2023. Aztec Group administers >EUR600bn across the Channel Islands, Luxembourg, Ireland, the U.S., and UK. The Group specialises in alternative investments, administering over 450 funds covering…

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.

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…

Ultimus Fund Solutions, a U.S.-based provider of middle office, fund administration, accounting, and investor solutions, has formed a partnership with PennHaven Brokerage Partners. The partnership enables Ultimus to offer asset managers outsourced trade execution and trading desk services through PennHaven, combined with Ultimus’ middle office services, including post-trade settlement, IBOR, performance and attribution reporting, and…

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 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…

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 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.