Taurus SA, the European digital asset infrastructure provider, and Talos, the U.S.-based provider of institutional digital asset trading technology, have formed a partnership to provide trading and custody technology to institutional clients. Talos has integrated with Taurus-PROTECT, the digital asset custody solution for banks. The partnership is already in production with clients in Europe and…
Category: FinTech
Nordnet deploys Citi’s retail lending platform
Nordnet AB, the pan-Nordic digital platform for savings and investments, is the first Swedish client to start lending through Citi’s Securities Lending Access platform. The solution will enable Nordnet to expand its securities lending programme to new markets and new client segments. Citi Securities Lending Access is an end-to-end solution that digitises and automates the…
Pirum extends CoacsConnect functionality
Pirum, the UK fintech specialising in securities finance and collateral management, has extended its CoacsConnect network and enhanced functionality to fully automate income claims. CoacsConnect’s automated income claims service has 20 financial institutions automatically distributing, matching and paying income claims. The service enhancements allow the counterparts to receive fully automated status updates, exchange payment instructions…
IDR adds three seniors to management team
IDR, the fintech specialising in client onboarding for the private markets sector, has expanded its senior management team with the appointment of Karen Bee as senior delivery manager for operations, Jason Green as chief technology officer, and Dan Loughney as finance director.
Pirum hires from BNP Paribas
Pirum, the UK-based fintech, has hired Graeme Perry as business development representative. Based in London, Perry will report locally to Karl Wyborn, CCO. Previously, he spent 14 years with BNP Paribas’ securities services business, where his most recent role was director of trading strategy and relationships and head of agency lending trading EMEA.
Crestbridge granted Lux depo licence
Crestbridge, the C.I.-based provider of private equity and real estate administration solutions, has been granted its depositary licence by CSSF, Luxembourg’s financial services regulator. The new depositary offering is underpinned by the fintech, Depowise. Depowise’s automated technology-enabled processes improve accuracy and efficiency for clients, by mitigating many of the risks inherent in the manual processes…
Clearstream launches Collateral Mapper
Clearstream has launched a new data-based solution to optimise collateral management: the Collateral Mapper. This provides clients with an automated and complete view of their collateral positions. It summarises complex sets of reports on collateral usage in an intuitive dashboard and evaluates the collateral potential of an equity portfolio. It also identifies the spare capacity…
Apex partners with Crypto Finance
Apex has formed a partnership with Crypto Finance AG, a provider of institutional-grade investment solutions, custody, and brokerage for digital assets, and part of Deutsche Börse Group. Crypto Finance will provide Apex with an infrastructure in the digital assets markets, starting with an issuance program for structured products backed by digital assets. The partnership will…
J.P. Morgan to acquire Aumni
J.P. Morgan has entered into a definitive agreement to acquire Aumni, a provider of investment analytics software to the venture capital industry. Financial terms of the transaction were not disclosed and closing is expected in the first half of 2023. Founded in 2018, Aumni’s proprietary data analytics engine structures, tracks and analyses legal and economic…
Accelex launches automated document acquisition
Accelex, the UK-based SaaS platform specialising in alternative investment data acquisition, reporting and analytics, has launched automated document acquisition capabilities, bringing speed, accuracy and efficiency in collecting and analysing data. Investors and administrators can now leverage Accelex for connectivity with document sources. Private market fund managers deliver documents to investors using a variety of channels…