AB Capital Group, a Philippines-based financial services provider, has selected the SS&C Aloha platform to help launch and grow its new private wealth business and replace the legacy system supporting its trust division. Cloud-native SS&C Aloha will deliver front, middle and back-office functions, including IBOR, ABOR, performance and risk, client reporting, billing and compliance. AB…
Category: FinTech
State Street launches new P2P platform
State Street has launched a new peer-to-peer financing platform, Venturi, specifically designed to connect buy-side firms with new sources of liquidity in the global repo space. Venturi, built through a partnership with FinOptSys, a fintech focused on the securities financing market, supports trade negotiations and enhances trade settlement and collateral management, allowing traders to better…
Saphyre extends platform to cover legal agreements
Saphyre‘s pre-trade and post-trade platform, which is used by some of the world’s leading financial institutions for account onboarding and maintenance, can now digitally track and permit parties to negotiate legal agreements on the platform. The legal module within Saphyre is agreement type-agnostic (ISDA, GMRA, MSFTA, MRA, etc.) and has templates to digitally structure ISDAs…
Hazeltree appoints CTO
Hazeltree, the U.S.-based provider of treasury and liquidity management technology for the alternative asset industry, has appointed Paul Higdon as chief technology officer. Higdon will report to Hazeltree CEO Tushar Amin. He joins from ION Treasury, where he was chief product officer.
Accelerate adds NFTs to Tetra mandate
Accelerate Financial Technologies Inc., a Canadian alternative investment solution provider, has acquired five non-fungible tokens for its Accelerate NFT Fund. The fund’s NFTs and cryptocurrency are held in custody with Tetra Trust Company, Canada’s first qualified custodian for cryptocurrency and digital assets. Tetra Trust is currently partnering with Ledger Enterprise to deliver a secure information…
METACO appoints chief sales officer
Craig Perrin has been appointed as chief sales officer at METACO, the Switzerland-based digital asset services provider. He joined METACO in 2021 from Standard Chartered Bank.
Taskize hires head of sales
Taskize, the Euroclear-owned provider of inter-company workflow solutions to the financial services industry, has hired Alan Samuel as head of sales, based in London. Samuel was most recently chief sales officer of LSE listed low-latency cloud provider Beek’s Group. Prior to this, he was an account director at Equinix.
Northern Trust and EDS launch ESG workflow solution
Northern Trust and Equity Data Science, in which the bank has a stake, have launched an ESG workflow solution that will allow investors to access and share ESG information. The data aggregation tool leverages data science to increase transparency while enhancing efficiency and collaboration amongst investment teams.
Northern Trust hires AsPac innovation head
Northern Trust has hired Alvin Chia as head of digital assets innovation for Asia Pacific. Based in Singapore, Chia is responsible for delivering innovations aligned to Northern Trust’s digital asset strategy to clients across the Asia-Pacific region. Chia reports to Justin Chapman, global head of digital assets and financial markets. Chia was most recently the…
CACEIS adds Clarity AI to app store
CACEIS, the European asset servicing group, has added Clarity AI to its app store, Connect Store. Clarity AI analyses more than 50,000 companies and 300,000 funds, 198 countries and 188 local governments, using machine learning and big data to deliver insights on sustainability. Clarity AI provides direct access to a broad universe of ESG, climate,…