BNY Mellon has gone live with the first client for ECPOConnect, a collateral optimisation service developed in collaboration with Pirum Systems, the post-trade services fintech. The inaugural client is a Canadian bank. This new service combines BNY Mellon’s collateral management service, ECPO, with Pirum’s CollateralConnect platform, a SaaS-based solution supporting front-to-back cross-asset margin, collateral and…
Category: FinTech
DTOS opts for PAXUS
DTOS Ltd, a corporate service provider within the Mauritius International Financial Centre, has selected the PAXUS fund administration system for its third-party accounting operations. DTOS has opted for a full SaaS PAXUS-CLOUD deployment model. PAXUS is provided by PFS, a subsidiary of Apex.
FundGuard links to ICE
FundGuard, the multi-asset and multi-book investment accounting utility which is backed by Citi and State Street, has formed a collaboration with ICE’s data services business, which is part of Intercontinental Exchange, the operator of global exchanges and clearing houses and provider of data and listings services. The collaboration will provide asset managers, asset owners and…
Fenergo launches AI CLM upgrade
Fenergo, the Ireland-based provider of digital solutions for KYC, client lifecycle management (CLM) and transaction monitoring, has launched AI Powered CLM, a new set of AI capabilities which aim to boost operational efficiencies, accelerate onboarding and improve end-user experiences while reducing costs associated with KYC and AML compliance. The introduction of AI to Fenergo’s CLM,…
HSBC leads fundraising for Marketnode
HSBC has led a Series A investment round for Marketnode, the Singapore-based digital market infrastructure operator, alongside contributions from existing shareholder Temasek. The investment will be used to scale Marketnode’s platforms and realise the shareholders’ ambitions to develop a multi-asset ecosystem, starting in Asia-Pacific. Since 2020, HSBC and Marketnode have co-developed a digital market infrastructure…
Archax integrates Fireblocks
Archax, the FCA-regulated digital asset exchange, broker and custodian, has expanded its custody service by integrating Fireblocks, the enterprise platform for building blockchain applications and managing digital asset operations, and is using the Fireblocks Network, a digital asset transfer platform for digital asset transactions and payment workflows. The integration enables Archax to effectively manage its…
Citco launches fails management service
Citco has launched a standalone, settlement-exception management service that may help to prevent trade fails. Æxeo FailSafe provides alternative asset managers with an overview of all pre-and post-settlement trading information for their funds across multiple brokers, without the need to review several reports or access multiple portals. Covering pre-and-post-settlement, Æxeo FailSafe provides consolidated oversight across…
BBH launches liquidity management tool
BBH has launched a liquidity management tool (LMT) for traditional and alternative funds, allowing asset managers to supervise multiple fund liquidity scenarios based on investor flows in a fully digital, customisable and controlled environment. LMT receives real-time transactional feeds and proactively notifies asset managers if their custom thresholds have been exceeded. LMT supports liquidity management…
BGV signs with Allvue
Allvue Systems, a provider of alternative investment technology solutions, has been mandated by BGV to provide investor portal software. BGV is an early-stage venture capital firm based in Silicon Valley focusing on global Enterprise 4.0 technology innovation. Allvue’s solutions will streamline the growing firm’s investor relations and prospective investor communications efforts through the delivery of…
Manaos launches SDR solutions
Manaos, a BNP Paribas investment services platform, has launched a set of reporting and data solutions tailored to help UK managers comply with the SDR regulatory obligations coming into force. The new SDR solutions will assist UK asset managers in meeting their reporting obligations efficiently, providing them with actionable insights on integrating technology, data, and…