Waystone Management (UK) Ltd has implemented the pControl NAV oversight platform from Milestone Group, the Australia-based provider of oversight and backup NAV solutions that is owned by BNY Mellon. The platform provides a NAV oversight and validation tool across Waystone Management UK’s portfolio of ACD clients, which currently includes approximately 160 funds with GBP85bn (USD106bn)…
Category: FinTech
TMF implements Sentry PM
TMF Group, the Netherlands-based provider of compliance and administration services, has implemented Broadridge’s Sentry PM, a cloud-based private debt and CLO portfolio management solution. The platform will enable TMF to launch a new service offering for CLO administration, which it plans to bring to market in 2024.
DTCC completes Securrency deal
DTCC has completed its acquisition of Securrency, the digital assets fintech. DTCC has rebranded Securrency as DTCC Digital Assets, reporting into Lynn Bishop, chief information officer. The former CEO of Securrency, Nadine Chakar, has been appointed global head of DTCC Digital Assets.
Manaos partners with Confluence
Confluence, the investment management fintech, has formed a partnership with Manaos, the BNP Paribas-owned platform built to simplify how institutional investors centralise portfolio data, connect ESG information, and report on the sustainability of their investments. Under the partnership, Confluence will provide an end-to-end SFDR solution to asset managers on the Manaos platform, including the production…
SimCorp allies with Alloy
SimCorp, the investment management fintech owned by Deutsche Börse, and Alloy, a provider of institutional infrastructure and technology for digital assets investments, have formed a partnership to support SimCorp clients with managing digital asset investments. The partnership aims to enable mutual clients to manage digital assets, including cryptocurrencies, tokenized securities, and institutional decentralised finance within…
Amundi Technology wins EUR23bn mandate
Rail & OV, the Dutch rail and public transport pension fund, has signed an agreement with Amundi to deploy its ALTO investment platform. Rail & OV will leverage the platform to manage direct assets and consolidate delegated assets representing approximately EUR23bn (USD25bn) AuM. In a fully integrated model, Rail & OV will be serviced by…
CLST and Copper build tri-party collateral management platform
CLST, an institutional lending and borrowing platform, has partnered with Copper, the UK-based institutional digital asset infrastructure provider, to develop Copper Pledge, a tri-party collateral management solution for digital asset markets. This partnership provides digital asset lenders with tools for optimising and de-risking their portfolios. Loans originated on CLST markets will be connected via APIs…
BBVA transitions to Metaco
BBVA Switzerland has signed an agreement with Metaco, the Switzerland-based digital asset infrastructure provider, to host its digital asset custody service on its Harmonize platform. In 2021, BBVA launched a Bitcoin trading and custody service. This was later expanded to include Ether. The bank has now migrated its custody service to Harmonize, which offers greater…
Taurus opens in Frankfurt
Taurus SA, the Switzerland-based digital asset infrastructure provider, has opened an office in Frankfurt, Germany. Leading the new office is Andreas Beller, who brings extensive experience in the financial sector gained at Commerzbank and Deutsche Bank. Taurus recently announced a partnership with Deutsche Bank, allowing the bank to extend digital asset custody services to its…
Salvage joins Amundi
Peter Salvage has joined Amundi Technology as global head of consulting relations and strategic partnerships. Salvage was most recently at Enfusion, and has also worked at BNY Mellon and Citi.