Intercontinental Exchange, Inc., the U.S.-based provider of data, technology, and market infrastructure, and Confluence, a provider of analytics and regulatory compliance reporting solutions for the investment management industry, have struck a deal that enables Confluence to leverage ICE’s ESG data as part of its ESG SFDR solution, bringing clients a single service that is designed…
Category: Product
Aztec launches onboarding solution
Aztec, the C.I.-based administrator, has launched Aztec Verify, a client onboarding service. Aztec Verify is an integrated solution that streamlines the due diligence and verification process for new client onboarding.
SimCorp adds data feeds
SimCorp, a Europe-based provider of SaaS investment management solutions, has implemented a range of strategic data partnerships. SimCorp has agreements with Cambridge Associates (in collaboration with IHS Markit) and Preqin, and has now signed on to PitchBook, a financial data and software company providing global business professionals with data on the private and public markets…
Formidium launches RE service
Formidium, the U.S.-based administrator (formerly Sudrania), has entered the real estate fund administration space. Leveraging its Seamless Drawdown software application, Formidium has developed Seamless Real Estate, a real estate fund accounting platform. Seamless RE’s capabilities include property-level operational and financial data integration, a general ledger accounting system which includes automated waterfall calculations, customised reporting capabilities,…
MJ Hudson launches digital asset custody benchmarking service
MJ Hudson, the UK-based solutions provider to the asset management industry, has introduced a new custody benchmarking service specifically for clients investing in digital assets. The new service will benchmark the capabilities of major custodians for key themes across digital asset custody provision, including strategy and commitment, digital asset coverage, fraud prevention, private key management,…
Broadridge extends Private Market Hub to N. America
Broadridge Financial Solutions, the NYSE-listed fintech, has released a multi-jurisdictional version of its private equity platform, Private Market Hub, which is now available to funds domiciled in North America. Previously operational for funds domiciled in Guernsey, Private Market Hub has been enhanced to support clients in the U.S. The new capabilities allow all stakeholders in…
Apex partners with Inveniam
Inveniam Capital Partners, a fintech offering greater transparency and access to private market assets, has established a strategic partnership with Apex to offer Valuation as a Service to clients. Through the partnership, Inveniam and Apex will use Inveniam’s patented blockchain technology and the Inveniam.io data operating system to deliver digitally credentialled, higher-functioning private asset data…
Northern Trust reshuffles capital markets team
Northern Trust has made a series of appointments within its global capital markets business and has established a Capital Markets Client Solutions team. Under the global leadership of Guy Gibson, the capital markets business delivers execution, transactional, lending and financing solutions across equities, fixed income and derivatives, transition management, FX and securities finance. Within the…
Fundnode launched in Singapore
Marketnode, the Singapore-based joint venture between Temasek and SGX, has launched Fundnode, an industry-wide investment funds utility using distributed ledger technology. Fundnode will begin by streamlining fund processes, facilitating simplified subscription, redemption, and record-keeping workflows for funds offered to retail investors (Authorised Collective Investment Schemes). Pilot phase participants of Fundnode will include fund distributors, fund…
Titanbay links with Apex for ESG ratings
Titanbay, the Luxembourg-based private markets investment platform, has appointed Apex to provide an ESG rating on all new funds added to the Titanbay platform. Under the agreement, a consolidated ESG report will be made available to investors alongside other fund due diligence materials to provide investors with assurances that selected funds meet the highest sustainability…