Sudrania Fund Services, a U.S.-based administrator, has acquired the primary assets of Triple Leo Consulting, a U.S.-based fund administrator that specialises in crypto and digital assets fund administration. Terms of the deal were not disclosed. TLC founder Mike Quinn joins Sudrania in an advisory role and TLC’s entire staff has joined Sudrania’s team. This acquisition…
Category: FinTech
MJ Hudson acquires PERACS
MJ Hudson, the UK-based asset management consultancy, has acquired PERACS, a fund and portfolio performance specialist. The PERACS business will operate under the name of MJ Hudson Fund Performance Analytics. This is the fourth acquisition by MJ Hudson’s Data & Analytics division in two years: Meyler, a marketing analytics business; Spring Associates Responsible Investor Services,…
Liberty appoints Stonegate/Securitize for new digital RE fund
Liberty Equity Management, a U.S.-based manager specialising in the tokenisation of commercial real estate investments, has appointed Stonegate Global Fund Services, in partnership with Securitize, to provide fund structuring, administration and tokenisation services for its new net lease security token fund. The Cayman and U.S. fund structure will enable both U.S. and global investors to…
Alter Domus makes acquisitions in London & Boston
Alter Domus, a Luxembourg-based provider of solutions to the alternative investment industry, has acquired London-based fintech, Credit-Vision Limited. Credit-Vision is a data and analytics platform for corporate credit investors. Credit-Vision streamlines and modernises portfolio management by automating data extraction from issuers’ financial reports and channels financial data from multiple sources into a single access point.…
Coremont hires Michele Deely as head of sales and client relations
Coremont, which was spun out from Brevan Howard in 2018, has hired Michele Deely as head of sales and client relations. Deely spent 17 years at IFS, a State Street company. State Street signed a deal with Coremont earlier in 2020 to provide an integrated front-to-back service for hedge fund managers.
Charles River hires Peter Adams as head of business development
Charles River Development, the OMS provider that is owned by State Street, has appointed Peter Adams as head of business development. He joins from Finomial, before which he worked for 13 years at Eze Software, a competing OMS provider that is now owned by SS&C.
DBS and SGX launch Digital Exchange
DBS, the Singapore-based bank, is to establish a digital exchange, enabling institutional and accredited investors to tap into a fully integrated tokenisation, trading and custody ecosystem for digital assets. Singapore Exchange (SGX) will take a 10pct stake in the DBS Digital Exchange. The exchange will include: Security Token Offerings – A regulated platform for the…
State Street launches cloud-native data management platform
State Street has launched its Alpha Data Platform, an end-to-end data management and warehouse solution for institutional investment and wealth managers. The platform enables clients to assemble and access investment data spanning internal and third-party services across their investment processes. It provides access to front office data in near real-time, and incorporates data catalog and…
SS&C launches cloud-based Blue Sky portal
SS&C has launched its Blue Sky portal, a cloud-based technology solution to help investment managers comply with state Blue Sky laws. The web-based portal is designed to maximise compliance in an efficient and scalable way. Key features include an updated information stream for state fee calculations and best practices. An enhanced exemption process for social…
PEF launches Accounting Portal via ViewPoint
PEF, a U.S.-based fund administrator for alternative investment managers, has launched the Accounting Portal within its ViewPoint investor portal framework. The Accounting Portal offers enhanced access to the fund’s books and records as well as workflows for review and approval. ViewPoint provides alternative investment managers and their investors with direct access to data and documents,…