Category: FinTech

Enfusion, a U.S.-based fintech provider of cloud-based investment management software and services, has appointed Oleg Movchan, currently a member of the board, as interim chief executive officer. Movchan succeeds Thomas Kim, who has resigned as CEO and as a director of the company so that he can “spend more time with his family”.

U.S. Bank has launched a suite of lifecycle data metrics, with faster reporting of private equity, hedge fund and other alternative fund data. This capability, designed for custody clients, is made possible by new automated data extraction technology. This new process of pulling essential data from private markets is made possible in part by U.S.…

StonePine Asset Management, a Montreal-based manager with CAD60bn (USD46bn)  AuM, has appointed CIBC Mellon to provide asset servicing solutions including fund accounting and administration, global custody, unitholder recordkeeping, and investment information data access and reporting via the NEXEN investment data platform. Earlier this year StonePine signed an agreement with SimCorp, a provider of SaaS investment…

Gen II Fund Services, a U.S.-based independent private capital fund administrator with USD900bn AuA, has launched E-Subdocs, a digital offering that automates the private fund subscription process, significantly improving the investor experience and providing PE managers with real-time information on their fundraising. E-Subdocs, which is powered by Anduin, streamlines fund subscriptions from start to finish.…

SEI has appointed Sandy Ewing to lead the company’s family office and regulatory services business lines, A 27-year SEI veteran, Ewing will continue to report to CEO Ryan Hicke. SEI Family Office Services delivers technology and outsourced services, including the Archway Platform, that support the accounting, investment management, and reporting functions of family offices, private…

Broadridge Financial Solutions, Inc., a NYSE-listed fintech provider, has appointed Eileen Murray as an independent member of its board of directors. Murray is currently the chair of the Financial Industry Regulatory Authority (FINRA), where she has served on the board of governors since 2016. Her term as the chair and member of the board of…

The Maples Group has expanded its global fund services offering with the launch of new ESG solutions. The enhanced ESG offering includes data, reporting, and certification support, as well as a platform solution to support European distribution. Maples has implemented an ESG data and reporting system from Trucost, part of S&P Global, which provides analytics…

Remaco, a Switzerland-based asset manager, has appointed AssetMetrix as partner for digitisation of its private debt operations. Remaco specialises in the private debt asset class. Founded in 2013 in Munich, AssetMetrix is a spin-off of a PE fund-of-funds manager. Its outsourcing services around data collection, fund administration, reporting and analysis aim to enhance the efficiency…