Broadridge, the U.S.-based fintech, is to improve automated processing of corporate action and dividend events managed through the Euroclear CREST platform in the UK. The service includes event creation, instruction management, and payments processing and settlement, helping to reduce risk and cost.
Category: FinTech
Madison signs with Confluence
Confluence, a U.S.-based fintech provider for the investment management industry, has signed a multi-year contract with Madison Investments. The Wisconsin-based firm, with >USD20bn AuM, uses the Confluence composites solution to support its compliance with GIPS (Global Investment Performance Standards).
Apex goes with Enfusion for MO
Apex has selected the Enfusion platform to enhance the delivery of middle-office services to its global fund administration client base. Enfusion is a U.S.-based provider of SaaS solutions for hedge funds and asset managers. Apex will use Enfusion’s software for cash and position reconciliation, corporate actions processing and verification, trade affirmation and break resolution, shadow…
SS&C signs with Napier
SS&C has signed a deal with Napier, the financial crime prevention fintech, for Napier’s AI-enhanced financial crime risk management platform, Napier Continuum, which includes client screening and transaction monitoring tools. Napier Continuum enables large-scale screening and re-screening capabilities, and has been designed to scale alongside increasing compliance obligations as the business grows.
Suntera supports IoM DLT start-up
Suntera Global, the Isle of Man-based administrator, is providing a suite of services through its digital division to support the establishment of a blockchain-based tech start-up in the Isle of Man which aims to revolutionise the digital funding and investment space. Suntera’s specialist fintech and crypto asset services division has provided a range of structuring…
Bronte appoints Clearwater
Bronte Capital, an Australia-based long/short fund manager, has selected Clearwater Analytics for investment data management, reporting, and portfolio analytics. Bronte Capital will leverage the Clearwater platform with multi-asset-class, daily aggregation, reconciliation, and book-of-record reporting.
FIS appoints new CEO
FIS, the Florida-based fintech, has appointed Stephanie Ferris as president and CEO. Ferris will take over as CEO from Gary Norcross, who has served as the company’s CEO for the last eight years. Norcross will take on the role of executive chairman of the board.
LemonEdge wins new mandate
LemonEdge, the private markets platform provider, has signed Fairway as a new client. Fairway is a C.I.-headquartered funds, trust and pensions services provider, established in 2000.
Apex partners with eFront for ESG reporting
Apex has formed a collaboration with BlackRock’s eFront to provide the general partner community with ESG data consulting services. The partnership will provide GPs with a combination of Apex services and eFront’s technology to feed ESG data into eFront’s ESG Outreach solution, launched in 2021 and designed to help private market investors simplify and create…
Capitolis and State Street launch FX post-trade optimisation
TradeNeXus, a GlobalLink digital platform for FX transactions which is part of State Street’s digital division, has partnered with Capitolis, a fintech focused on capital markets, to launch an automated post-trade solution to optimise portfolios. With this integrated offering, buy-side firms can use TradeNeXus to automate data submission and access Capitolis’ analytics tools to scan…