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…
Category: FinTech
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.
Finbourne builds APAC presence
Finbourne, the UK-based data management fintech, has opened an office in Singapore and has made its first APAC appointments. Trinanjan Sengupta has joined as head of client delivery, APAC. He was previously at Enfusion. Harry Rana joins from Broadridge as head of APAC sales.
Allvue appoints new CEO
Marc Scheipe has joined Allvue Systems, a U.S.-based alternative investment technology solutions provider, as CEO. Scheipe most recently served as CEO of Vector Solutions. He replaces Dan Streetman, who is stepping down for personal reasons.