Charles River Development, a State Street company, plans to expand its support of private market assets within the unified managed accounts capabilities. The offer aims to provide a streamlined and integrated solution with advanced portfolio management capabilities across public and private assets within a single portfolio. The expanded solution is intended to address the administrative…
Category: FinTech
Symphony appoints sole CEO
Symphony, the fintech focused on communication and markets technology, has appointed Ben Chrnelich, previously co-CEO alongside Brad Levy, as CEO and president. Levy will transition to an external role and continue to advise the firm’s board of directors.
Pirum strengthens origination teams
Pirum, the fintech focused on the securities finance and collateral management sector, has hired Andrew Miller as head of origination, NAM, and Charlie Wallis as director of origination, EMEA. Based in New York, Miller joins Pirum from AccessFintech. Wallis, based in London, joins from LSEG.
Coleman moves to LSEG from State Street
LSEG, the UK-based financial markets infrastructure and data provider, has appointed Chris Coleman as group head of sales and account management. Based in Boston, he reports to David Schwimmer, CEO. He joined from State Street, where he was most recently head of global client coverage.
Eleven upgrades onboarding platform
Eleven, the U.S.-based fintech focused on the alternatives sector, has launched OS8, “expanding and deepening every part of the private investment lifecycle on a single intelligent, connected operating system”. OS8 covers fundraising and investor onboarding, servicing, payments, and compliance, streamlining interactions between fund managers, fund administrators, and investors.
SGSS implements ALTO
SGSS has partnered with Amundi Technology to strengthen its depositary and fund administration services. Amundi Technology’s ALTO platform has been implemented to provide post-trade investment compliance monitoring across SGSS operations in France, Ireland, Italy and Luxembourg.
Pirum appoints CPO
Vinod Bhaskaran has joined Pirum as chief product officer. He joins from Nasdaq Calypso, where he was head of product management.
Citi poaches IT chief from BNY
Matthew Yazdi has been appointed as head of investor services technology for Citi. He is based in New York. He joined from BNY Mellon.
AP3/AP4 retool with SimCorp
The third and fourth Swedish National Pension Funds (AP3 & AP4) have completed a comprehensive modernisation of their system infrastructure through a new, integrated front-to-back solution from SimCorp. This replaces multiple systems that support the entire workflow – from analysis and order placement to portfolio management, risk, performance, compliance, and financial reporting. The transition to…
CWAN to be acquired
Clearwater Analytics, the U.S.-based accounting fintech, has entered into a definitive agreement to be acquired in a transaction valued at approximately USD8.4bn by an investor group led by Permira and Warburg Pincus, with participation from Temasek. The investor group has support from Francisco Partners. The CWAN board of directors has approved this transaction. Permira recently…