State Street has upgraded APIs for its Fund Connect ETF portal and now offers coverage to all clients globally, including Europe and the APAC region. Fund Connect ETF APIs have previously been available in the U.S. and Canada and account for nearly half of North American order volumes. Fund Connect ETF is an online portal…
Category: Product
Citi launches FIX connectivity for ETFs
Citi’s securities services business has launched Financial Information eXchange (FIX) API connectivity on its Advanced Citi ETF System (ACES); the bank’s online, global ETF portal that automates the entire ETF lifecycle. With FIX API connectivity, clients and APs can directly connect to Citi’s ACES platform from their OMS platforms and manage ETF share creation and…
Palmer launches in Spain
Palmer, the UK-based private capital administrator, has launched an operation in Madrid, Spain. The local team will be led by Manuel Rodríguez and Pilar García. Palmer recently received regulatory approval to operate in the Channel Islands.
Ocorian completes Bovill deal
Ocorian, the C.I.-based provider of financial and corporate administration services, has completed the acquisition of Bovill, a UK-based specialist regulatory consultancy. Bovill is a global financial services regulatory partner to over 580 clients with offices in the UK, Singapore, Hong Kong and the U.S. Bovill’s team of over 80 specialists will combine with Newgate, Ocorian’s…
Ocorian partners with Goji
Ocorian, the C.I.-based fund services provider, has partnered with Goji, the Euroclear-owned provider of investor platform technology and services, to enable alternative asset management clients to manage the entire investor lifecycle. Ocorian’s digital platform, provided by Goji, will offer alternative asset managers an end-to-end solution to streamline the investment process from onboarding and KYC to…
Palmer gets green light in Jersey
Palmer, the UK-based fund administrator focused on the private capital sector, has received regulatory approval in Jersey, C.I. Palmer partnered with Carey Olsen, the law firm, to support it through the approval process.
Ocorian partners for ESG reporting
Ocorian, the C.I.-based administrator, has formed a partnership with Treety, an ESG SaaS solution provider specialising in private markets. Ocorian will now offer a suite of ESG reporting tools to its fund services clients, including customised dashboard and analytics, sustainability risk assessment mapping, SFDR annex and disclosure templates, and ESG/impact data collection and approval flows.
Alter Domus launches new PA service
Alter Domus, the Luxembourg-based provider of fund administration, private debt, and corporate services for the alternative investment industry, has launched its Key Client Partnerships (KCP) practice to help private markets firms scale their middle- and back-office infrastructure. The KCP approach is centred on investing in long-term relationships with clients, covering everything from migrating products from…
IQ-EQ expands in France
IQ-EQ has expanded its real estate service with the extension of its AIFM licence in France to include real estate. The firm is now able to act as AIFM in France for all alternative asset classes.
Gen II partners with Canoe
Gen II Fund Services, a U.S.-based private capital fund administrator with >USD1trn AuA, has formed a partnership with Canoe Intelligence, the fintech supporting alternative investment intelligence for institutional investors, capital allocators, wealth managers, and asset servicing firms. Gen II will leverage Canoe’s technology to continue innovation in automating the receipt, retrieval, and document management of…