Euroclear and Apollo are collaborating to expand the distribution of Apollo’s alternative solutions via Euroclear’s FundsPlace, making private markets more accessible to a wider range of investors. FundsPlace offers an end-to-end fund distribution solution, featuring trading and custody capabilities, and settlement through a market-neutral platform.
Category: FinTech
Ocorian partners with Canoe
Ocorian, the C.I.-based provider of fund administration, capital markets, corporate, fiduciary and regulatory services, is working with Canoe Intelligence, the platform for alts management, to streamline and enhance data management for fund managers. Canoe services more than 400 global clients, including banks, capital allocators, wealth managers, family offices, and asset servicing firms, supporting over USD8trn…
BNPP signs with Confluence
Confluence Technologies, a technology solutions provider for regulatory, analytics, and investor communications solutions for the investment management industry, has signed a deal with BNP Paribas’ securities services to deploy its Confluence Unity Financial Reporting to support its private capital client segment.
Apex to buy Flow
Apex has agreed to buy Flow. Founded in 2018, Flow simplifies fund management with its infrastructure software that provides a platform for insights, transparency and dialogue between fund managers and the broader ecosystem of investors, law firms, fund administrators, banks, and accounting firms. The addition of Flow adds 15 employees and AuA of USD17bn. The…
SimCorp names COO
SimCorp, the Deutsche Börse-owned fintech, has named Ronan Donnelly as chief operations officer, reporting to Georg Hetrodt, CEO. Donnelly has been with SimCorp since 2020, most recently, as SVP of SaaS operations.
BNY expands digital assets platform
BNY has expanded its Digital Asset Platform with the launch of Digital Asset Data Insights, designed to deliver both on- and off-chain data across blockchain networks. With the data on-chain capability, BNY will broadcast select fund accounting data to the Ethereum network, enabling further utility of public blockchains. Using smart contract technology, BNY will automate…
Calastone launches tokenised distribution solution
Calastone, the global funds network, has launched Calastone Tokenised Distribution, a solution that allows asset managers to tokenise any fund operating on Calastone’s network and distribute it across blockchain-based channels. The solution bridges the gap between traditional investment funds and blockchain-native networks such as Ethereum, Polygon, and Canton, where investment activity is increasingly executed and…
BNPP moves closer to Bloomberg AIM
BNP Paribas has unveiled further integration of its multi-asset servicing capabilities with Bloomberg AIM, a buy-side order and investment management technology solution. The extended feature enables additional direct, standardised data connectivity between global fund accounting solutions and Bloomberg AIM, facilitating front-to-back data integrations for mutual buy-side clients. The solution has been deployed to several EMEA…
Alchelyst partners with Fund Recs
Alchelyst, the Ireland-based fund administrator for all alternative asset classes, has selected Fund Recs for its reconciliation software. Services provided by Fund Recs to Alchelyst include cash recs, position recs, and transfer agency recs, as well as custom recs and data workflow automation, all delivered through its SaaS solution.
Mallett joins GoldenSource
Marc Mallett, previously chief strategy officer at Northern Trust, has been appointed as chief commercial officer at GoldenSource, a U.S.-based data management firm.