BBH has expanded its account opening API connectivity to custodians, with SEB being the first to implement the solution. This builds on last year’s API integrations with major European fund distribution platforms, Allfunds, Clearstream and Euroclear. BBH’s account opening API supports straight-through exchange of account opening requests and confirmations between distributors, banks, platforms and custodians,…

Ultimus has formed a partnership with iCapital, introducing DLT to streamline data transmission and reconciliation processes, improving operational efficiencies for asset managers and wealth managers throughout the lifecycle of alternative investments. The integration of technologies merges iCapital’s DLT platforms with Ultimus’ infrastructure, “creating a more efficient, secure, and transparent processing environment for alternative investment data”.

Apex has appointed Kavitha Ramachandran as CEO of FundRock LIS (FR LIS) and head of third-party ManCo services in Luxembourg. Apex operates two ManCo entities in Luxembourg: FR LIS, focused on private assets and alternative strategies, and FRMC, focused on financial assets and liquid strategies.

TMF Group, the Netherlands-based administrator, has received regulatory approval from the Dubai Financial Services Authority to operate as a fund administrator within the DIFC. In addition, TMF will be licensed to act as a corporate service provider.

Apex is providing transfer agency services to Fidelity International in support of the launch of its first tokenised product, which offers institutional and professional investors 24/7 liquidity. The capabilities are designed for on chain markets and real time processing environments. Apex acted as transfer agent, supporting digital investor onboarding, wallet whitelisting, and transaction processing for…