REYL Intesa Sanpaolo has acquired Carnegie Fund Services SA, a Swiss fund representative. Carnegie services fund management companies, boutique firms and large global asset management groups based in Europe, North America, Asia, and Australia, acting as a Swiss representative for over 100 managers and over 700 funds. Swiss-based REYL is part of the Intesa Sanpaolo…
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Accelex enhances private debt reporting
Accelex, a UK-based fintech specialising in alternative investment data acquisition, reporting and analytics, has launched coverage of private debt and instrument-level data extraction for institutional investors and asset administrators. Investors in private market funds can now streamline data extraction for investments across multiple levels of the capital structure and across different funding rounds.
BNP Paribas appoints head of Ireland
BNP Paribas has appointed Joy Kiely as location head of its securities services business in Ireland. Kiely is currently head of client development for the business, based in Dublin. This move restores the position after Paul Daly moved to a new role in 2021. Derek Kehoe, who heads Ireland for BNP Paribas, took on the…
Senior management changes at Northern Trust
Some senior management changes at Northern Trust. Banking & treasury services is being combined with the capital markets business line, with Guy Gibson, global head of capital markets, leading the combined unit. Peter Sanchez, who was appointed head of banking and treasury services in 2022, is to leave the company. Marisa Kurk, head of the…
Arcesium links to Lionpoint
Arcesium, the U.S.-based administrator in which J.P. Morgan has a stake, has formed a partnership with Lionpoint Group, a global consulting firm focused on the alternative investments industry. The collaboration combines Arcesium’s technology with Lionpoint’s industry expertise to deliver enhanced operational efficiency and innovation for firms investing in private markets strategies.
Amundi partners with Next Gate
Amundi’s Luxembourg operation is partnering with Next Gate Tech, a Luxembourg-based fintech specialising in data management and analytics solutions. Next Gate Tech’s SaaS platform will help Amundi Luxembourg to streamline data management and enhance its NAV oversight practices. The platform’s analytics and insights will enable Amundi to actively monitor NAV calculations, resulting in improved operational…
Ultimus supports Hypatia ETF launch
Ultimus Fund Solutions, the U.S.-based independent provider of fund administration, accounting, middle office, and investor solutions, has supported the launch of Hypatia Capital’s first ETF. The fund, the Hypatia Women CEO Fund, will invest in established, women-led businesses. Hypatia Capital, a New York based Registered Investment Advisor, focuses on sponsoring female CEOs and investors within…
Crystal opts for Geneva
Crystal Capital Partners, an alternative investment platform for financial advisors, has selected SS&C’s Geneva platform to further optimise its back-office processes. SS&C Geneva will streamline portfolio management and reporting across more than 500 customised portfolios to support further growth. Crystal Capital Partners’ platform enables advisors and their qualified clients to build diversified portfolios comprised of…
IQ-EQ acquires in Asia
IQ-EQ, the Luxembourg-based administrator, has reached agreements to acquire ComplianceAsia and Lymon Pte Ltd. ComplianceAsia, the longest established compliance consulting firm in Asia Pacific and one of the largest firms operating in the region, was founded in 2003. Lymon was founded in Singapore in 2013 to address a gap in the market in the provision…
SimCorp partners with Battea
SimCorp, the investment management fintech that is being acquired by Deutsche Börse, has struck a partnership with Battea Class Action Services, LLC, a U.S.-based provider of class and collective action antitrust and securities litigation recovery services. As part of the partnership, Battea will join SimCorp’s Open Platform program, designed to offer SimCorp clients access to…