Broadridge, the U.S.-based fintech, has launched a trading solution that enables clients to achieve increased STP and efficiency, better trading decisions and client insights, improved controls, and reduced risk. The new solution aims to enable clients of Broadridge Trading and Connectivity Solutions to achieve greater agility and faster time to market, improved scalability, and reduced…
Category: FinTech
SimCorp appoints EMEA MD
SimCorp has appointed Ralf Schmücker as managing director of EMEA. He began his career with SimCorp in 1999. From 2012 to 2020, he served as managing director of the DACH region.
Loomis Sayles selects Mercatus
Loomis Sayles, an affiliate of Natixis Investment Managers with USD282bn AuM, has selected Mercatus as its technology partner for private markets investments, starting with its private credit business, launched in 2021. The collaboration with Mercatus, a State Street company, will build on Loomis Sayles’ existing relationships with both State Street and Charles River Development. The…
Northern Trust launches mobile app for FOS
Northern Trust has introduced a mobile app for its Front Office Solutions (FOS) platform. The app is available on the Apple App store for iOS devices and Google Play for Android devices. FOS is a cloud-based investment lifecycle platform that enables investment offices to view and analyse portfolio and investment information across all asset classes…
DB1 invests in Next Gate
Next Gate Tech, a Luxembourg-based fintech, has raised EUR8m (USD8.8m) in a new funding round led by DB1 Ventures, the corporate venture capital unit of Deutsche Börse Group, with the continued support of existing investors, NewAlpha Asset Management, Volta Ventures, Expon Capital, and Seed X. Enrique Sacau, CEO of Kneip, a Deutsche Börse subsidiary, will…
BNPP upgrades CapLink
BNP Paribas’s securities services business has upgraded its digital offering to alternative fund managers and their investors with the release of two enhanced solutions: CapLink Investor and CapLink Private. CapLink Investor is a platform for fund managers, investors, and authorised contacts, offering information and insights across their fund holdings. CapLink Private offers digital reporting through…
Clearstream establishes bank
Clearstream, the post-trading services provider owned by Deutsche Börse, has established Clearstream Fund Centre S.A., a bank based in Luxembourg dedicated to serving institutional fund investors. The new entity operates under a commercial banking licence in Luxembourg. It will be part of Deutsche Börse’s and Clearstream’s Fund Services business segment, which provides fund execution, distribution…
U.S. Bank invests in Versana
U.S. Bank Investment Services has joined the latest fundraising round by Versana, a fintech focused on the syndicated loan market. As a leading trustee, particularly for CLOs, which make up 70pct of the institutional loan market, U.S. Bancorp is Versana’s first buyside-focused investor, which Versana hopes will assist in creating a network effect with the…
Enfusion partners with Qontigo
Enfusion, a provider of cloud-native SaaS solutions for investment managers, has formed a partnership with Qontigo, the provider of Axioma Risk, an enterprise risk management solution, to expand Enfusion’s risk capabilities. Axioma Risk adds exposure measurement, multi-factor risk models, scenario analytics, risk attribution, and a comprehensive VaR framework across all major asset classes and trading…
Arcesium launches data platform
Arcesium, the fintech in which J.P. Morgan holds a stake, has launched Aquata, an “out-of-the-box” data platform. Aquata is engineered to support various client types, including institutional asset managers, private markets investors, custodians, fund administrators, prime brokers, and hedge funds, to manage their investment data. With Aquata’s pre-built data models and connectors, combined with its…