Ontra, a provider of contract automation and intelligence solutions for asset managers, will acquire the material assets of Captain, a technology provider in the alternative funds space. The move will allow Ontra to bolster its legal operating system for private markets, providing asset managers with a more streamlined and efficient experience for private markets transactions.…
Richard
ABN AMRO Investment Solutions outsources to BNP Paribas
ABN AMRO Investment Solutions has appointed BNP Paribas’ securities services business to provide a range of dealing and middle office outsourcing services. These services will be connected with ABN AMRO Investment Solutions via BlackRock Aladdin, the platform selected by ABN AMRO Investment Solutions to unify its investment management processes. BNP Paribas has a long-standing relationship…
Another defection from BBH
Sid Patel has left BBH to join J.P. Morgan as an executive director, based in Boston. He spent nearly 12 years at BBH in Boston and London, most recently as a sales & relationship manager.
ZEDRA gets green light for Atlas takeover
ZEDRA, the Switzerland-based administrator, has received regulatory approval from the Central Bank of Curaçao and Sint Maarten for its acquisition of Curaçao and U.S.-based Atlas Fund Services, a privately held alternative investment fund administrator.
SS&C hires CIO for GIDS business
Declan McCarthy has joined SS&C as CIO, global investor & distribution solutions in Europe. He is based in Dublin. McCarthy previously spent nearly 12 years at State Street, most recently as global head of IT relationship management.
Apex wins GCC PE mandate
Apex has been appointed by Aliph Capital, the Middle East’s first female-led private equity firm, to provide fund administration services to Aliph Fund I (LP), which will focus on acquiring sizeable, active positions in privately owned mid-market companies across the GCC.
HSBC shakes up M&SS management
HSBC has made major changes to the senior management team of its markets & securities services business. Following the integration of its M&SS operations teams into a single unit, HSBC has now moved to unify elements of the front office, which involves the elimination of some co-head roles. Richard Godfrey, who was co-head of securities…
CRD collaborates with DirectBooks
Charles River Development, a State Street company, is collaborating with DirectBooks, enabling investment firms to manage primary issuance workflows in the Charles River Investment Solution (Charles River IMS). DirectBooks optimises primary issuance of fixed income securities by streamlining communications workflows between underwriters and institutional investors. Currently, 22 underwriters and over 250 institutional investors, including 17…
XP selects SS&C for trade management
XP Investments US, a subsidiary of XP Inc., a financial services provider based in Brazil, has chosen SS&C’s trade management solutions to optimise its operations. The firm will use a combination of SS&C MarketTrader and SS&C Eze EMS as its sell-side order and execution management platform. The solution allows XP to run real-time trade cost…
IQ-EQ supports new Ansor fund
Ansor, a private equity firm based in London, has completed a first close of its second fund withGBP63m (USD70m) of commitments, with administrative, compliance and regulatory support provided by IQ-EQ. IQ-EQ has been supporting Ansor since the launch of its first fund, Ansor Fund I, in 2019.