AustralianSuper has gone live with a new whole-of-fund investment book of record built on Finbourne Technology‘s LUSID platform, providing the fund with a total portfolio view. The new platform brings investment positions, transactions, exposures and portfolio structures into one record, giving the investment team more consistent and timely information.
Category: FinTech
OMBA runs FINBOURNE agents
OMBA Advisory & Investments has been running FINBOURNE agents in production for six months across its daily investment operations, reducing its operational burden by at least 20pct. The agents provide coverage across a large portion of OMBA’s daily operational cycle from morning data load checks and reconciliations through to client-facing commentary. Agents are live across…
Prescient partners with Ultumus
Prescient Fund Services is partnering with Ultumus, the provider of ETF and index data and technology. Under the agreement, Ultumus will provide its ETF OMS to support Prescient Fund Services’ ETF operations across Europe and South Africa. Ultumus will also provide PCF calculation services for Prescient’s European ETF offering.
Pirum hires Sanner
Pirum, the UK-based fintech focused on securities finance, has hired Stephan Sanner as a senior sales executive, based in London. He joins from DXB Pump & Power, and has also worked at EquiLend, TMX Group, and NYSE Euronext/SecFinex.
BNPP implements Proxymity solution
BNP Paribas’ securities services business has implemented Proxymity’s Vote Connect Global solution as part of its general meetings services for global custody clients across EMEA and Asia Pacific, directly connecting issuers, intermediaries and investors through a near real-time digital ecosystem.
BNPP adds functionality to Data PRISM360
BNP Paribas has launched additional data capabilities through its Data PRISM360 data management solution, powered by Investment Data Solution of NeoXam. UniSuper, one of Australia’s largest superannuation funds, is the first client to adopt the solution and now receives daily investment exposure datasets across its entire fund structure.
ONE hires CCO from HSBC
Frederic Van Ingelgom has joined ONE group solutions as group chief commercial officer, based in Luxembourg. He was most recently business development and client management director for HSBC’s securities business, also based in Luxembourg.
Arcesium adds to ExCo
Arcesium, a fintech provider to the investment industry, has appointed Brian Rosenberg as president, revenue and commercial. Rosenberg will join Arcesium’s ExCo. Most recently, Rosenberg led commercial strategy, revenue operations, strategic partnerships, and go-to-market execution as president and chief revenue officer of Wilshire Indexes.
State Street shuffles senior management team
State Street continues to reshuffle its senior management team. Mostapha Tahiri, who was appointed enterprise chief operating officer in 2023, will become president of State Street Alpha, with responsibility for Alpha, Charles River Development, and other platform solutions, reporting to Ron O’Hanley, chairman and CEO of State Street. Tahiri will have end-to-end responsibility for Alpha…
BBH launches data business
BBH has launched a new technology affiliate, Braid LLC, focused on solving enterprise data transformation for financial services. Braid offers an AI-native data transformation platform that gives firms a scale solution to transform, connect and manage their data with confidence. Braid empowers teams to build, automate, and oversee reliable production-grade data transformations in a fraction…