La Mutuelle Générale, a provider of health and retirement insurance in France, has selected Manaos, a BNP Paribas data management platform, for its ESG data collection and reporting needs. As part of the mandate, La Mutuelle Générale will use Manaos for the production of financial reports on climate and biodiversity. These reports will serve as…
Category: FinTech
ZILO raises GBP25m
ZILO, the UK-based fintech specialising in the global asset and wealth management sector, has completed a GBP25m (USD32m) Series A funding round. The fundraising, which was oversubscribed, was co-led by Fidelity International Strategic Ventures and Portage, with participation from State Street and Citi. In 2023 ZILO onboarded the first client to its global digital transfer…
Alter Domus works with Temenos
Alter Domus, the Luxembourg-based provider of fund administration, private debt, and corporate services for the alternative investment industry, can now support the launch and ongoing administration of open-ended and closed-ended private market funds, including European Long-term Investment Funds (ELTIFs), with liquidity management services. The new capabilities will be supported in part by a partnership with…
FundBank appoints CEO for Europe
Steve David has been appointed CEO of FundBank (Europe), an independent provider of banking and fund services for the alternatives sector. David spent nearly 20 years with Northern Trust, most recently as CEO of its global services business in Europe. Northern Trust has yet to announce a replacement for David.
Hazeltree hires for customer success
Hazeltree, the provider of treasury and liquidity management solutions for the alternative asset management industry, has appointed Steve King as the U.S. director of customer success. He will report to Ayman Sakr, chief customer success officer at Hazeltree. He was previously a principal at Gilded, a fintech, where he worked with Stephanie Miller, now Hazeltree…
Apex invests in Tokeny
Apex Group has become the strategic lead investor in Tokeny, the Luxembourg-based enterprise-grade tokenisation solutions provider. By leveraging Tokeny’s expertise, Apex says it is positioned to provide its single-source solution in the tokenisation era. At the beginning of 2023 Tokeny announced a partnership with Inveniam Capital Partners, Inc., a SaaS company delivering trust, transparency and…
IQ-EQ supports iCapital in France
iCapital, the fintech platform supporting access to alternative investments for the wealth management industry, has partnered with IQ-EQ to establish a new series of French-domiciled funds. iCapital appointed IQ-EQ’s Paris-based team to provide fund administration services and to act as AIFM for iCapital funds that will be launched through the partnership and made available on…
SimCorp creates global commercial role
SimCorp, the Deutsche Börse-owned fintech, has appointed Dean McIntyre as the head of global commercial, a newly established role. In his capacity overseeing all global commercial functions, McIntyre will be responsible for a spectrum of sales enablement activities, including developing sales training, content creation and supporting SimCorp’s growth ambitions. Reporting to Oliver Johnson, chief revenue…
Waystone deploys pControl
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)…
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.