State Street has engaged Amazon Web Services (AWS) and Microsoft as strategic providers of cloud and infrastructure solutions, as part of its multi-year technology transformation process. State Street is consolidating its current network of segregated data center facilities to a data center footprint with fit-for-purpose designed and managed facilities.
Category: FinTech
Fenergo signs Citco
Citco has signed a deal with Fenergo, the client lifecycle management specialist. Citco selected Fenergo’s CLM software as a SaaS platform to deliver end-to-end client journeys through front-to-back-office integrations with AML screening providers, and centralised document management. Citco, which claims to have USD1.8trn AuA, provides services for hedge funds, private equity, and real estate funds.
Jaid appoints CRO
Jaid, the UK-based technology firm providing AI-powered human communication solutions, has appointed Ken Dummitt as chief revenue officer. Dummitt will lead the company’s global business development team, responsible for driving revenue growth and expanding Jaid’s reach into new sectors and markets. He was previously running his own consultancy practice. Jaid rebranded from Opsmatix in 2022,…
Clearstream Fund Centre appoints Kneip
Kneip, a Luxembourg-based provider of fund data management and reporting solutions for the asset management industry, has become the sole provider of fund data and documents for Clearstream Fund Centre. Over 450 fund distributors use Clearstream Fund Centre to gain access to 550 fund providers with a single legal agreement. Clearstream Fund Centre’s covered investment…
Street goes to Novatus
Novatus Advisory, a UK-based risk, regulation and ESG consultancy and technology solution provider, has appointed Richard Street as chief revenue officer for its RegTech division. Street was previously at RBC, and has also worked at Citi.
Clearstream & Vermeg collaborate on ECMS
Clearstream has joined forces with Vermeg, a fintech focused on collateral management & asset servicing, regulatory reporting and digital transformation. The partnership will deliver an STP collateral management solution connected to the Eurosystem Collateral Management System (ECMS). The ECB is introducing ECMS to unify the management of collateral of national central banks across the Eurozone.…
Broadridge launches ESG Analyzer
Broadridge Financial Solutions, Inc., the U.S.-based fintech, has launched ESG Analyzer, a web-based ESG disclosure and data analytics benchmarking tool that delivers “timely, high-quality, cost-effective, transparent data and insights”. The ESG Analyzer allows companies to view all of their ESG metrics in a single dashboard, compare their data side-by-side with peer companies to better understand…
FINBOURNE expands in U.S.
FINBOURNE, the UK-based fintech focused on investment data management, has hired Daniel Dasaro as head of client delivery, U.S. He joins from Charles River, where he spent more than 10 years.
SimCorp hires NA MD
SimCorp, the European provider of SaaS investment management solutions has appointed John Needham as managing director of SimCorp North America. Based in Toronto and reporting to CEO Christian Kromann, Needham will primarily focus on business development and setting strategic direction for the >230 SimCorp North America employees, seeking to sustain the consistent double-digit growth the…
IDR launches next-gen subscription service
IDR, the fintech specializing in the private markets sector, has launched its next-generation subscription service. Integrating fund subscription alongside its internationally compliant KYC and tax services with prepopulated investor profiles, IDR authenticates investors once across their global portfolio. IDR’s next generation subscription service connects fund managers and investors instantly via a single access token rather…