ISPT, one of the largest property fund managers in Australia, has selected SS&C Sylvan for performance measurement, which will replace its internally built platform. ISPT has >AUD22bn (USD14.8bn) AuM. SS&C Sylvan will automate financial data ingestion, calculate both time-weighted (income, capital and total return) and money-weighted returns, and provide enhanced analytics on their property portfolios.
Category: FinTech
Broadridge extends Private Market Hub to N. America
Broadridge Financial Solutions, the NYSE-listed fintech, has released a multi-jurisdictional version of its private equity platform, Private Market Hub, which is now available to funds domiciled in North America. Previously operational for funds domiciled in Guernsey, Private Market Hub has been enhanced to support clients in the U.S. The new capabilities allow all stakeholders in…
Apex partners with Inveniam
Inveniam Capital Partners, a fintech offering greater transparency and access to private market assets, has established a strategic partnership with Apex to offer Valuation as a Service to clients. Through the partnership, Inveniam and Apex will use Inveniam’s patented blockchain technology and the Inveniam.io data operating system to deliver digitally credentialled, higher-functioning private asset data…
FundGuard adds to sales team
FundGuard, the provider of an investment management and asset servicing platform, has hired Greg Farrington. He will be responsible for accelerating the company’s revenue growth through expansion of new and existing channels. Prior to joining FundGuard, Farrington worked as a commercial strategy lead and a global head of sales in S&P Global’s software solutions business.…
LemonEdge hires PC veteran
LemonEdge has hired Jason Haft as VP Sales North America. Haft spent nearly 17 years at FIS/SunGard. LemonEdge is a platform provider for the private capital sector.
SS&C hires Scally
Steven Scally has joined SS&C in the UK as technology solutions director. He had a brief spell at HSBC after working at BNY Mellon for four years.
Fundnode launched in Singapore
Marketnode, the Singapore-based joint venture between Temasek and SGX, has launched Fundnode, an industry-wide investment funds utility using distributed ledger technology. Fundnode will begin by streamlining fund processes, facilitating simplified subscription, redemption, and record-keeping workflows for funds offered to retail investors (Authorised Collective Investment Schemes). Pilot phase participants of Fundnode will include fund distributors, fund…
Titanbay links with Apex for ESG ratings
Titanbay, the Luxembourg-based private markets investment platform, has appointed Apex to provide an ESG rating on all new funds added to the Titanbay platform. Under the agreement, a consolidated ESG report will be made available to investors alongside other fund due diligence materials to provide investors with assurances that selected funds meet the highest sustainability…
Davy selects Torstone platform
Davy Capital Markets, a member of the Bank of Ireland Group, has agreed to deploy the post-trade platform from Torstone Technology, a UK-based SaaS platform provider for post-trade securities and derivatives processing. The Davy Group has over 800 people managing >EUR16bn (USD16bn) of client assets, with offices in Dublin, London and throughout the island of…
Hazeltree secures USD14m funding
Hazeltree, the U.S.-based provider of treasury and liquidity management technology for the alternative asset and investment management industries, has secured a USD14m strategic investment. The investment round was led by FINTOP Capital, a venture capital firm focused on fintech B2B SaaS companies, and joined by Hamilton Lane, a leading private markets investment management firm. Rick…