BNY Mellon has launched a new ETF basket construction platform. The new platform will provide asset managers with a digital workflow, backed by start-of-day NAV data, to present market-making information to liquidity providers. This solution will support asset managers in valuing, creating, and publishing basket information more efficiently. Users will be able to customise and…
Category: FinTech
FXall connects to Saphyre
FXall, a London Stock Exchange business, will implement Saphyre‘s patented technology to expedite their clients’ readiness to trade and reduce delays related to post-trade processes. Clients onboarding new funds through FXall will have a single entry process to set up their funds for all their liquidity providers at one time, and to share related legal…
State Street upgrades ETF portal
State Street has upgraded APIs for its Fund Connect ETF portal and now offers coverage to all clients globally, including Europe and the APAC region. Fund Connect ETF APIs have previously been available in the U.S. and Canada and account for nearly half of North American order volumes. Fund Connect ETF is an online portal…
Citi launches FIX connectivity for ETFs
Citi’s securities services business has launched Financial Information eXchange (FIX) API connectivity on its Advanced Citi ETF System (ACES); the bank’s online, global ETF portal that automates the entire ETF lifecycle. With FIX API connectivity, clients and APs can directly connect to Citi’s ACES platform from their OMS platforms and manage ETF share creation and…
Clearwater hires new EMEA chief
Clearwater Analytics, the U.S.-based provider of SaaS-based investment management, accounting, reporting, and analytics solutions, has appointed Keith Viverito as managing director, EMEA. Prior to joining Clearwater, Viverito served as a managing director at BlackRock, leading business development for Aladdin across EMEA.
Rhyze selects SS&C for loan admin
Rhyze Solutions, a newly launched credit union service organization, has selected SS&C to help manage its commercial real estate loan portfolio. Precision LM will be deployed for pipeline tracking, loan servicing, accounting, asset management, and regulatory reporting. EVOLV will to support reserving, risk assessment, and credit reporting for all cash-flow-based financial instruments.
ZILO adds four to board
ZILO, the UK-based fintech specialising in the global asset and wealth management sectors, has added four new directors to its board: Cuan Coulter from State Street, Pervaiz Panjwani from Citi, Adam Felesky of Portage, and James Devlin from Fidelity International Strategic Ventures. All four companies participated in ZILO’s recent GBP25m (USD32m) funding round.
Silverview implements Sentry
Silverview Credit Partners, a private debt manager, has implemented the Sentry Portfolio Management platform from Broadridge Financial Solutions. Broadridge says this will enable Silverview to achieve greater operational efficiencies and increase transparency in its portfolio management activities for its direct lending business.
Centralis selects Fenergo for CLM
Luxembourg-based Centralis Group, an alternative asset and corporate services provider, is adopting Fenergo CLM to streamline client and investor onboarding processes. Fenergo is a provider of digital client lifecycle management, KYC and transaction monitoring solutions.
SimCorp hires for prod dev team
SimCorp, the investment management fintech owned by Deutsche Börse, has hired Surika Vosloo as group product manager within its product development division. Based in Australia, she joins from TS Imagine.