ISPT, a property fund manager based in Australia, has implemented SS&C Sylvan for performance measurement and attribution. ISPT is one of Australia’s largest unlisted property fund managers with >AUD22bn (USD14.4bn) AuM from investments in commercial, retail, industrial, education, health, social infrastructure and residential development. SS&C Sylvan, a cloud-based performance measurement and attribution solution, replaced ISPT’s…
Category: FinTech
Hamilton Lane invests in IDR
Hamilton Lane, a private markets investment management firm, has made an investment in IDR, the investor onboarding platform focused on private markets. Additionally, Hamilton Lane will deploy IDR’s platform for its investor onboarding process, including fund subscription, KYC, tax, and money laundering reporting officer services. The investment amount was not disclosed.
Deutsche Börse to buy out FundsDLT partners
Deutsche Börse Group is to acquire the remaining shares in FundsDLT. The Luxembourg-based company is a decentralised platform based on DLT for end-to-end fund distribution and processing. The acquisition is expected to be completed in the fourth quarter 2023 or the first quarter 2024, subject to regulatory approval. The acquisition of all outstanding shares of…
ZILO launches in UK
ZILO, the UK-based fintech specialising in transfer agency, has gone live with its SaaS technology platform for global transfer agency services. ZILO’s technology offers clients a global cloud-based TA solution, delivering a single platform across multiple jurisdictions. Launching first in the UK, ZILO will expand its coverage in 2024, including Luxembourg, Ireland and Asian markets.
State Street launches ETF portal in Australia
State Street has launched its Fund Connect ETF Portal in Australia. The portal offers online access for the creation and redemption of ETFs. This follows the 2022 launch of the platform in Singapore. Fund Connect ETF acts as a conduit between APs and issuers globally. It provides a single point of access to approximately 1,100…
Clearwater appoints chief product officer
Clearwater Analytics, the U.S.-based provider of investment management, accounting, reporting, and analytics solutions, has appointed Sunil Dixit as chief product officer. Before joining Clearwater, Dixit was responsible for financial services cloud and Einstein-driven intelligence applications for wealth management and banking at Salesforce.
Socium implements Sentry
Socium Fund Services, the U.S.-based subsidiary of Suntera Global, has implemented the Sentry loan portfolio management technology from Broadridge. Socium is a private capital and credit fund administration firm. Sentry is a scalable web-based solution that captures, calculates, and analyses the borrower’s KPIs, monitors the pipeline, improves credit selection, and creates reusable covenant rules. As…
Pirum hires for U.S. sales
Gary Messina has joined Pirum, the UK-based fintech specialising in the securities finance sector, as associate director, sales origination. Based in New York, he will report locally to Matthew Lilien, North America head of sales. Prior to joining Pirum, Messina was a vice president in client relationship management at Equilend.
Citco upgrades Æxeo
Citco has upgraded its Æxeo Treasury platform to enable users to transfer securities via Swift through its new securities transfer service, Securities View.
Broadridge appoints new Canada president
Broadridge Financial Solutions has appointed Karin Yorfido as president of Broadridge Canada. Yorfido succeeds Michael Dignam who, after a 42-year career with Broadridge, will become vice chairman of Broadridge Canada, an advisory role. Yorfido, who is based in Toronto, will lead Broadridge’s investor communication solutions business in Canada and global technology and operations (GTO), reporting…