XP Investments US, a subsidiary of XP Inc., a financial services provider based in Brazil, has chosen SS&C’s trade management solutions to optimise its operations. The firm will use a combination of SS&C MarketTrader and SS&C Eze EMS as its sell-side order and execution management platform. The solution allows XP to run real-time trade cost…
Category: FinTech
IDR launches MLRO service
IDR, a fintech specialising private markets investor onboarding, has launched an international MLRO service. Led by Ian Hotton, who has a long career in the anti-financial crime space, IDR’s MLRO service helps fund managers to navigate the complexities of AML and CFT compliance with a scalable technology-enabled solution. IDR’s MLRO service covers all principal fund…
Saphyre adds new client
American Century Investments has selected Saphyre, the U.S.-based fintech using patented AI technology to solve pre-trade setups and post-trade issues, for custodial and broker fund onboardings, as well as maintenance.
SS&C Aloha gains momentum
SS&C has reported that more than 25 clients have signed up for its front-to-back platform, SS&C Aloha. Asset and wealth managers in more than 15 countries across North America, EMEA, APAC and Australia have selected SS&C Aloha in the last 12 months. SS&C Aloha supports investment operations on a single cloud-native system.
CRD hires BNY Mellon veteran
Jeremy Shaw has joined Charles River Development, a State Street company, as a relationship manager in the UK. He previously spent more than 13 years at BNY Mellon.
Coremont hires CTO
Coremont, a UK-based provider of front-to-back portfolio management support for hedge funds and institutional asset managers, has appointed Balaji Krishnamurthy as chief technology officer, based in the U.S. He joins from JPMorgan Chase, where he oversaw middle office and post-trade technology, based in New York. This follows the recent appointments of Akbar Sheriff as global…
REAG selects Multifonds
REAG Investimentos, the second-largest independent fund administrator in Brazil, has selected Temenos Multifonds to replace its existing investment operations platforms. With >350 funds under administration, worth BRL76bn (USD14.4bn), REAG offers solutions and services aimed at investors and high-net-worth families, as well as businesses looking to buy, sell, or go public. REAG selected Temenos Multifonds to…
A10 deploys Precision LM
A10 Capital has selected SS&C’s Precision LM to support its USD2.4bn loan servicing portfolio, comprised primarily of real estate loans. A10 has adopted Precision LM as its direct lending, loan servicing and asset management platform.
Saphyre moves into securities lending
Saphyre, the fintech that provides an AI-driven pre-trade and post-trade platform, is moving into the securities lending space. The company’s interoperable onboarding platform aims to help lenders and borrowers to remove the bottlenecks created by legacy systems. Saphyre says that, by automating the onboarding process, institutions can reduce the potential for errors, increase the speed…
Citi launches Proxymity in A&NZ
Citi has launched Vote Connect Total, a digital proxy voting service provided by Proxymity, in Australia and New Zealand. As part of this arrangement, Proxymity will manage the full life cycle of proxy voting services for Citi clients in the ANZ markets. Proxymity Vote Connect Total is the digital proxy service powered by Proxymity’s investor…