SIX Digital Exchange (SDX), the crypto service and infrastructure provider owned by SIX Group, has formed an alliance with DLT Finance, a BaFin-licenced trading and brokerage firm, to expand their institutional crypto services. SDX will assume the roles of custodian and staking provider, while DLT Finance’s subsidiary, DLT Securities GmbH, will serve as a fully…
Category: Product
BBH launches InfuseDX
BBH has launched InfuseDX, a new way for its clients to view, customise and package their data, enabling faster and more informed decision making. Accessed via BBH’s Infuse client portal, InfuseDX provides clients with on-demand transparency into BBH’s data reporting. Key features of InfuseDX include: Real-time: 24/7 access to the most up-to-date information available about…
Daron Pearce launches tokenisation platform
Daron Pearce, who spent 20 years at BNY Mellon before founding his own business in 2021, has launched Tokenbridge, a tokenisation platform which is “set to redefine the landscape of wealth and fund management”.
SimCorp launches performance solution
SimCorp has launched a cloud-native performance attribution solution. This service is the inaugural offering under SimCorp’s Investment Analytics Platform, providing investors with the capability to swiftly calculate performance attribution in real-time and on the fly.
BNY Mellon invests in MENA fintech
Lunate, the Abu Dhabi-based alternative investment management company with >USD50bn AuM, and BNY Mellon are investing in a new company, Alpheya, that will develop a customised wealth management technology platform for wealth and asset managers in the Middle East and North Africa. Based in the Abu Dhabi Global Market (ADGM), Alpheya will be funded with…
U.S. Bank partners with Enfusion
U.S. Bank has established a partnership with Enfusion, provider of a cloud-native, SaaS platform for investment managers and asset owners, to provide mutual clients with connectivity to Enfusion’s front-to-back system and middle- and back-office managed services. The platform encompasses portfolio management, order and execution management, accounting and analytics modules, and managed services. The relationship expands…
HSBC goes live with Broadridge
HSBC is the latest client to go live on the recently launched sponsored repo solution built on Broadridge’s DLT-enabled distributed ledger repo (DLR) platform. Through DLT and smart contracts, clients can anticipate substantial improvements in settlement costs, streamlined processes, enhanced scalability, and a marked decrease in operational risks. HSBC is the second client to go…
Citi invests in Transcend
Transcend, a U.S.-based provider of liquidity, funding, and collateral optimisation solutions, has onboarded Citi as its latest investor. The investment was made through Citi’s strategic investments arm. Citi’s funding will support Transcend’s ongoing global roll-out of its solutions. Citi as the third global bank to invest in the fintech firm. Additionally, a long-term business agreement…
AirFund gets EUR6m funding boost
Amundi and Indosuez Wealth Management have acquired a stake in AirFund to promote the marketing of private asset funds. AirFund is a digital platform created in 2021 to facilitate the link between management companies and distributors of private markets funds with retail investors It raised EUR6m in a recent funding round jointly led by Amundi…
SEBA links with SGKB
SEBA Bank, a full-service, global crypto bank, has launched its partnership with St.Galler Kantonalbank (SGKB), Switzerland’s fifth largest cantonal bank, enabling digital asset custody and brokerage services for SGKB’s clients. Having obtained its FINMA banking licence in 2019, SEBA Bank is among the first financial institutions to bring digital assets to the Swiss market and…