ID-Pal, the UK-based identity verification provider, has named Sara West as the company’s new commercial director. West joins from W2 Global Data, where she served as chief commercial officer since 2017 and as a member of its executive board of directors in 2019.
Category: FinTech
C-suite changes at Temenos
Max Chuard, CEO of Temenos, the Switzerland-based fintech provider that owns Multifonds, is to step down after 20 years of service. A search to identify a new CEO is under way, with the board of directors considering both internal and external candidates. Andreas Andreades, executive chairman, will assume duties as acting CEO whilst a new…
IDR doubles in 2022
IDR, the Guernsey-based fintech focused on investor onboarding for private markets fund managers, has reported doubled revenue and global headcount during 2022. IDR connects nearly 40,000 investors – over 50pct of the world’s private markets investors – to 5,500 funds. The firm has a presence in 11 locations worldwide and works with some of the…
BNP Paribas and SimCorp expand partnership
The securities services business of BNP Paribas has expanded its strategic partnership with SimCorp, a provider of SaaS investment management solutions, to offer insurance accounting and reporting solutions integrated with its custodian and banking services. This collaboration leverages SimCorp’s new SaaS solutions for investment operations and accounting services, and is built on the companies’ longstanding…
Enfusion appoints new board chair
The board of Enfusion, a U.S.-based provider of cloud-native SaaS solutions for investment managers, has appointed Michael Spellacy as board chair. He replaces Kathleen DeRose, who has been interim chair and remains a board director. Spellacy is currently CEO of Atlas Crest Investment Corporation. He was previously leader of Accenture’s global capital markets practice, where…
HIGHVERN hires CTO from Saltgate
HIGHVERN, the C.I.-based administration services provider, has appointed Tim McBain as group head of technology. Most recently he held a similar position at Saltgate.
Apex to acquire PFS
Apex is to acquire Pacific Fund Systems (PFS), the Isle of Man-based fund administration software provider, from its co-founders and Pollen Street Capital. The acquisition follows Apex’s longstanding partnership with PFS through the use of PFS-PAXUS and will expand use of the technology platform to enhance the delivery of timely, accurate and independent portfolio accounting,…
BNP Paribas invests in AccessFintech
BNP Paribas has invested in AccessFintech, a fintech focused on the capital markets’ operating model through data and workflow collaboration. The investment is being made by BNP Paribas’s securities services unit. Clients will be able to enhance operational efficiency through the deployment of AccessFintech’s Synergy data collaboration network. Synergy helps market participants reduce collateral needs…
Securrency hires Chakar as CEO
Securrency, the U.S.-based developer of institutional-grade, blockchain-based financial and regulatory technology, has appointed Nadine Chakar as CEO. Her appointment will allow Dan Doney, Securrency’s founder, who has served as the company’s CEO and lead architect since its inception, to focus on innovation, technology delivery, and commercialisation by continuing to serve as chief technology officer. Most…
Knadel Software appoints new chairman
Paul Miller is joining Knadel Software as its new chairman. This reunites him with Dean Lumer and the team behind Suppliervision, the supplier management system for the financial services industry.