IQ-EQ has acquired Gordian Capital Limited, which it claims is Asia’s first and largest institutional cross-border fund platform and fund solutions provider. Its client base consists of global and regional asset managers, internal and external investment teams, SWFs, DFIs, family offices and corporates, investing in private equity, real estate, venture capital, private credit, infrastructure, hedge…
Category: FinTech
SS&C to acquire Calastone
SS&C has reached a definitive agreement to acquire Calastone, the largest global funds network and provider of technology solutions to the wealth and asset management industries, from Carlyle. The purchase price is c. GBP766m (c. USD1.03bn), subject to certain adjustments. Headquartered in London, Calastone connects more than 4,500 financial organisations across 57 markets.
CSSF approves Waystone ETF platform
Waystone, the provider of specialist services to the global asset management industry, has secured approval from CSSF for its Luxembourg UCITS platform, Waystone UCITS Platform (Lux) SICAV to integrate an ETF operating model. This enables the launch of ETFs alongside traditional UCITS products, offering international asset managers an efficient plug-and-play solution for market entry into…
Citi to adopt Fenergo across Europe
Citi has adopted Fenergo’s Client Lifecycle Management platform to digitise select transfer agency services for regulated funds in Europe. The Fenergo platform will enable Citi to offer customised policy-driven risk assessments, automated data validations and real-time reporting through API connectivity. The adoption of Fenergo for regulated funds in Europe is part of Citi’s ongoing digital…
Ultimus links to FRT
Financial Recovery Technologies, a global securities class actions recovery provider, has formed a partnership with Ultimus Fund Solutions, enabling Ultimus to offer its fund administration and middle office investment management clients access to FRT’s class action monitoring, filing, and recovery solutions while leveraging Ultimus’ platform for data onboarding and ongoing support.
ID-Pal launches reusable KYC solution
ID-Pal, the fintech specialising in AI-powered identity verification, has launched ID-Pal Once, a reusable KYC solution that enables users to simplify operational processes, control costs and focus on growth. The solution allows verified identities of trusted customers to be securely reused, so returning users complete verification up to five times faster.
Goji & Endava join forces
Endava, a business transformation group, has formed a partnership with Goji, the Euroclear-owned digital solutions provider for private funds. Goji and Endava have developed an Accelerated Integration Gateway Framework, an out-of-the-box, scalable, adaptable solution that decreases time to market and maximises return on investment, helping Goji and its clients to experience and deliver value more…
Clearstream partners with Carlyle
Clearstream, Deutsche Börse Group’s post-trade services provider, has established a collaboration with Carlyle, the global investment firm, to broaden the distribution of Carlyle’s open-ended private markets solutions to wealth management clients. This partnership will leverage Clearstream Fund Services’ distribution platform, simplifying access to private market funds for a wider investor base. It aims to improve…
Broadridge to acquire Acolin
Broadridge Financial Solutions has agreed to acquire Acolin, a European provider of cross-border fund distribution and regulatory services. Acolin will extend Broadridge’s services in Europe, expand its regulatory fund communications services to include additional compliance operations, integrate capabilities to support fund creation, and broaden its distribution insights to better support the needs of European and…
LemonEdge appoints president
LemonEdge, the fintech, has appointed David Thomas O’Malley as president. He most recently served as president of Numerated,where he led international expansion and commercial strategy through to its acquisition by Moody’s. Prior to that, he held senior leadership roles at SAP, Oracle and FIS.