Suntera Global, the C.I.-based administrator, has acquired U.S. business Socium Funds Services. The acquisition of Socium, which requires no regulatory approval and completes with immediate effect, will strengthen Suntera Global’s offering for fund managers and provide the group with a U.S. operation for the first time, adding three North American locations to its international footprint.…
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SS&C selects Sustainalytics for ESG data
SS&C will integrate Sustainalytics’ ESG data into SS&C Advent platforms to power portfolio management and analytics workflows for its global client base. Morningstar Sustainalytics is a provider of ESG research, ratings and data.
Accelerate taps Tetra for digital custody
Accelerate Financial Technologies Inc. has selected Tetra Trust Company as custodian for its digital assets. Initially, the Accelerate NFT Fund LP, the first Web3 investment vehicle in Canada, will deploy Tetra’s custody solution which enables clients to store and settle their digital assets within a secure environment. Calgary-based Accelerate is one of Canada’s fastest growing…
Ultimus teams up with FundGuard for contingent NAV solution
Ultimus Fund Solutions is to offer its investment manager clients an enhanced contingent NAV solution utilising FundGuard’s platform. The FundGuard solution allows Ultimus to offer clients additional services to calculate real-time contingent NAVs for their registered funds. Clients can also use the solution for shadow NAV monitoring as an oversight to the normal daily NAV…
Opsmatix hires industry veteran as CEO
Opsmatix, a fintech providing AI-powered unstructured communications management solutions, has appointed New York-based finance and technology executive Dan Kramer as CEO. He replaces Justin Forrest, who is now the global COO of the company. Kramer has held senior roles at BNY Mellon, J.P. Morgan, Deutsche Bank, Merrill Lynch, and Morgan Stanley. Most recently he was…
IQ-EQ hires new chief risk officer
IQ-EQ has appointed Sally Alayarian as group chief risk officer. She joins after spending six years as global director risk management & internal audit for TMF Group. Alayarian will be based in the Netherlands and will join IQ-EQ’s group management team.
DTCC taps BNY Mellon for new CEO
BNY Mellon has appointed Roman Regelman, CEO of asset servicing, to lead the issuer services business. This follows the appointment of Frank La Salla as the president and CEO of The Depository Trust & Clearing Corporation (DTCC). Regelman, a member of the ExCo, will continue to lead digital for BNY Mellon. Regelman joined BNY Mellon…
SEI hits CIT landmark
SEI, the U.S.-based provider, has surpassed USD200bn in collective investment trust assets under administration. Through SEI Trust Company, SEI now administers 570 funds across 167 global asset managers.
Maples wins VCC mandate
Maples has been selected to support the Singapore-domiciled Faros VCC, a diversified long/short equity strategy using an umbrella Variable Capital Company structure with three sub-funds. Maples will provide end-to-end fund administration services, AEOI support, KYC/AML compliance, investor services and fund accounting and reporting.
Montrusco Bolton launches Lux fund
Montrusco Bolton, a Canadian asset management firm with USD8bn AuM, has launched a Luxembourg-domiciled global equities fund aimed at retail and professional investors. Universal Investment has been appointed as the fund’s ManCo.