Société Générale Securities Services has expanded its range of services for asset management companies wishing to develop professional funds based on crypto currencies. SGSS now offers fund custody, valuation and liability management services. SGSS’s new service has been adopted by Arquant Capital SAS. Arquant, licensed by AMF, is launching a range of specialised professional funds…
Category: FinTech
BNY Mellon invests in AccessFintech
AccessFintech, a fintech company specialising in data and workflow collaboration, has completed its USD60m Series C funding round, led by WestCap, its lead investor. Additional investment was secured from BNY Mellon and Bank of America, with further participation from Series B investors Dawn Capital, J.P. Morgan, Goldman Sachs and Citi. The company’s latest funding round…
Allvue partners with IQ-EQ
Allvue Systems, a technology solutions provider for the alternatives sector, has formed an alliance with IQ-EQ to provide back-office servicing to private debt and CLO managers. Through the partnership, Allvue’s clients will have the option to leverage IQ-EQ’s back-office servicing and capital markets advisory offering. Private debt firms and CLO managers that use Allvue’s technology…
Copper selects Fenergo for CLM & AML
Fenergo, the Ireland-based provider of KYC and client lifecycle management (CLM) software solutions for financial institutions, has been appointed by Copper.co, a UK-based provider of custody, trading and settlement services for digital assets, to deploy its SaaS-based CLM and AML solution to onboard increasingly complex client ownership structures. Copper’s clients range from institutional asset managers,…
CACEIS buys stake in Fund Channel
Amundi and CACEIS have strengthened their strategic agreement to accelerate the development of Fund Channel, the B2B fund distribution platform. CACEIS will purchase 33.33pct of Fund Channel’s share capital while Amundi remains the majority shareholder. Fund Channel is the fourth-largest European B2B fund platform, offering access to over 600 fund managers and connecting with more…
Circle Eleven partners with AssetMetrix
Circle Eleven, the Germany-based private equity boutique, is partnering with AssetMetrix, in which BNP Paribas has a strategic stake, to enhance its investor communications. As part of the collaboration, AssetMetrix has been appointed to implement and maintain a bespoke online investor portal. Circle Eleven was founded as a platform for private equity fund investments in…
HQLAx collaborates with Wematch
HQLAᵡ, the distributed ledger for securities finance and repo, and Wematch, a fintech company offering web-based tools and solutions to enhance the dealing process, has formed a collaboration to enhance the mobility of collateral assets in securities finance transactions. This will pave the way for any of the 90 legal entities and 900 traders already…
PolySign hires chief revenue officer
Ray Kamrath has joined PolySign as chief revenue officer. PolySign owns Standard Custody & Trust Company and acquired MG Stover earlier this year.
Apex acquires in New Zealand
Apex is to acquire Implemented Investment Holdings Limited, the parent company of Implemented Investment Solutions and InvestNow. IIS provides investment services to large global fund managers, enabling them to establish and distribute New Zealand domiciled funds to their investors. Their clients also include New Zealand-based investment companies, including specialist investment managers, KiwiSaver providers, adviser groups,…
Allvue appoints new CEO
Allvue Systems, an alternative investment technology solutions provider, has appointed Dan Streetman as CEO. He most recently served as CEO of TIBCO Software Inc.