Charles River Development, a State Street company, has been appointed by Perpetual Group to manage front office operations for its Australian asset management business. Perpetual’s Australian asset management business will adopt Charles River IMS to manage its domestic and global portfolios, order and execution, compliance, post trade processing and front office data. Perpetual completed the…
Category: FinTech
Enfusion expands brief with Kayne Anderson
Enfusion, a SaaS platform provider for investment managers, has completed the second phase of a strategic investment management platform migration by Kayne Anderson. Kayne Anderson is a U.S.-based alternative investment management firm focused on real estate, infrastructure, energy, credit, and growth capital, with >USD34bn AuM. The first phase focused on order and execution management. The…
Euroclear partners with iCapital
Euroclear has formed a partnership with iCapital, the global fintech platform specialising in the alternative investment marketplace for the wealth management industry. With this partnership, Euroclear’s clients will gain enhanced access to a broader range of alternative investments, including private equity, private credit, real estate, infrastructure, and hedge funds. The iCapital funds available on iCapital…
BBH adopts Pirum’s Recalls Manager
BBH has adopted the Recalls Manager module from Pirum, the post-trade services fintech that focuses on the securities finance industry. BBH has implemented Recalls Manager to reduce securities lending fails and leverage automation and real-time coverage to promote a smooth transition to the shortened T+1 settlement cycle. This expands BBH and Pirum’s long-standing relationship. BBH…
Permian selects Allvue
Allvue Systems, a U.S.-based alternative investment technology solutions provider, has been appointed by Permian Group to provide fund accounting and administration software. Permian is a Nordic fund administrator with offices in Oslo and Stockholm.
Knadel upgrades services
Knadel Software Solutions, the UK-based advisory and software firm, will now offer advisory services to the investment sector as a standalone offering. To reflect this development, the firm will be rebranding to Knadel Solutions Limited. Knadel has recruited Robert Hupe to run this new service, joining from Alpha FMC.
Canton Network completes first pilot
Digital Asset and other market participants have completed the Canton Network pilot, a first-of-its-kind program demonstrating the interoperability of twenty-two independent distributed ledger applications (dApps) in the capital markets space. The execution of over 350 simulated transactions proved how a network of interoperable applications can connect to enable secure, atomic transactions across multiple parts of…
DB signs with Saphyre
Deutsche Bank has signed with Saphyre, the U.S.-based fintech using patented AI technology to solve pre-trade and post-trade issues.
Pirum hires from LSEG
Pirum Systems, the UK-based fintech specialising in securities finance and collateral management, has hired Andy Bodley as key account director. Bodley will focus on growing the Pirum’s existing client accounts and refining the company’s client service model. He will be based in the London HQ. Most recently, Bodley worked in group strategic relationships at the…
SSBI extends and expands with SimCorp
State Street Bank International GmbH (SSBI) has agreed to expand and extend its partnership with SimCorp in Germany. Under the agreement, SimCorp will supply key technology components to SSBI for its accounting servicing, fund administration and data processing services that are provided predominantly to asset managers in Germany (KVG clients), including platform enhancements for corporate…