Category: FinTech

Ultimus Fund Solutions, a U.S.-based provider of fund administration, accounting, and investor solutions, has launched the latest version of uANALYZE. As part of Ultimus’ proprietary uSUITE technology, the latest version of uANALYZE enables additional portfolio performance and analytics reporting, enabling clients to run a broad set of portfolio analysis including shock analysis and performance attribution.

Fenergo, the European-based provider of digital solutions for KYC and client lifecycle management (CLM), has launched a solution to enable financial institutions to reduce regulatory and reputational risk and streamline operations for ESG compliance. This allows firms to automatically calculate climate, reputational and complementary ESG risks and efficiently fulfill regulatory obligations, including Sustainable Finance Disclosure…

Citi’s securities services business has become the latest to sign up to use Saphyre, a fintech company using AI technology, to manage new account openings and maintenance. Saphyre’s platform provides Citi with an additional option to parallel its existing account management solution and can provide the benefit of substantially automating and expediting client onboarding.

CACEIS has signed an agreement with Taurus, a Swiss company that focuses on the digital assets and blockchain space, to use its platform. CACEIS’ objective is to offer secure custody of digital assets using Taurus-PROTECT, including automated corporate action processing, dividend payments and Smart Contract management, digital asset issuance and tokenisation on blockchain using Taurus-CAPITAL,…

Citi has hired Joe Bonanno as global head of data, digital and innovation for its securities services business. Bonanno joins from Morgan Stanley, where he was most recently head of analytics and data strategy, architecture, and platforms for its wealth management division. Fiona Horsewill, global head of data and digital, Michael Hlava, global head of…

Confluence, the U.S.-based technology solutions provider for the investment management industry, has appointed Sanjoy Chatterjee as chief strategy officer. Chatterjee is also the managing director of Confluence’s investment insights & research product division and will be responsible for defining the strategic direction of Confluence. Chatterjee joined Confluence with the 2021 acquisition of Investment Metrics, where…

Universal Investment and Accelex have launched an initiative to offer an enhanced range of data services to alternative investors. Accelex, a UK-based provider of data acquisition, analytics and reporting services for alternative investors and asset servicers, will help to deliver comprehensive portfolio analytics for alternative investments, including detailed underlying asset insights.

Citi has selected METACO to develop and pilot digital asset custody capabilities. Citi intends to integrate METACO’s bank-grade digital asset custody and orchestration platform, Harmonize, into its existing infrastructure, to develop and pilot digital asset custody capabilities.

SimCorp, the provider of SaaS investment management solutions, has appointed Edward Bee as managing director, Asia Pacific. Based in Singapore and reporting to SimCorp’s CEO, Christian Kromann, Bee joins from AllVue, where he was managing director, Asia Pacific. He takes over as from Oliver Johnson who has moved to the company’s head office in Copenhagen…

Sunibel Corporate Services, a Mauritius-based administrator, has selected the PFS-PAXUS fund administration system for its third-party fund administration business operations. Pacific Fund Systems, the provider of PFS-PAXUS, services a client base with more than USD1tn of assets. Sunibel offers fund administration services to alternative funds, including fund accounting, investor services, compliance and tax services. PFS-PAXUS…