Fenergo, the provider of AI-powered solutions for KYC/AML, and client lifecycle management, has been appointed by Aduro Advisors, LLC, a U.S.-based fund administrator serving venture capital and private equity firms. This collaboration is in response to the final FinCEN AML rule, which is set to take effect on January 1, 2026. Aduro services >600 firms…
Category: FinTech
BNPP upgrades NeoLink
BNP Paribas has rolled out the next generation of its reporting solution on its NeoLink client platform. The web app, named My Reporting, brings together a unified space, greater control over data, increased efficiency and improved collaboration. My Reporting provides users with access to a unified and intuitive space where they can manage data and…
Pirum hires from J.P. Morgan
Pirum, the fintech for securities finance automation and collateral management, has hired Ed Corral as head of collateral services. Corral joins Pirum’s New York office to lead the expansion of CollateralConnect, the firm’s collateral management and optimisation solution. Corral joins Pirum from J.P. Morgan, where he was global head of collateral management.
Passthrough partners with Snowflake
Passthrough has partnered with Snowflake, adding investor onboarding data to the data warehouse, ensuring every investor action, from invite to completed subscription document, is captured and available for reporting, analysis, and decision-making.
IDR rebrands
IDR, the private funds clearinghouse, today unveiled its new name and brand identity: Sonata One. Sonata One connects a growing network of over 53,000 investors with >6,500 funds.
Suntera partners with Tenor
Suntera Fund Services, a provider of fund administration and loan administration and loan agency services for private credit funds, has partnered with Tenor, the AI-powered platform aiming to improve private credit operations, to enhance efficiency, automation, and scalability in loan administration through a co-sourcing model. This collaboration enables Suntera to leverage Tenor’s Loan Central, AI-driven…
Canoe hires head of product
Canoe Intelligence, the fintech focused on alts management, has appointed Zack Helgeson as head of product. He will lead product strategy, innovation, and execution across the company’s data automation and analytics platform. Before joining Canoe, he was head of product strategy, analytics at Nasdaq.
State Street onboards UK TA client
State Street has onboarded River Global as a client of its newly launched transfer agency service in the UK, supported by ZILO, a fintech specialising in global asset and wealth management software. State Street participated in ZILO’s Series A fundraising round in January 2024. State Street offers institutional transfer agency services in 14 markets.
BNY wins in South Africa
Futuregrowth Asset Management has appointed BNY to provide performance solutions. BNY’s software will provide Futuregrowth with a performance engine and analytics enabling Futuregrowth to compute daily attributions. Futuregrowth is a fixed income manager based in South Africa.
NTRS expands with TCS
Northern Trust has expanded its relationship with Tata Consultancy Services (TCS) to enhance its global securities settlements platform, which covers 99 markets. Northern Trust has deployed TCS BaNCS for corporate actions and income processing since 2017. This latest collaboration gives Northern Trust access to the TCS BaNCS global securities platform, which offers multi-entity, multi-market and…