Centralis, a Luxembourg-based corporate & fund services provider, has acquired Wheelhouse Advisors, which specialises in regulatory and prudential management, regulatory reporting, accounting and tax. Wheelhouse’s solutions are designed to reduce risk, improve efficiencies and create value. It supports more than 900 clients globally, with over USD130bn of assets under reporting. The deal follows Centralis’ recent…
Category: FinTech
Liontrust extends SS&C relationship
Liontrust Asset Management Plc, the UK-based fund management company, has extended its relationship with SS&C following its recent acquisition of Majedie Asset Management Limited. Liontrust will now use Eze Investment Suite to help manage the majority of its GBP38.5bn USD48.2bn) in assets under management and advice (AuMA). Liontrust has been using Eze Investment Suite’s order…
SS&C selects Sustainalytics for ESG data
SS&C will integrate Sustainalytics’ ESG data into SS&C Advent platforms to power portfolio management and analytics workflows for its global client base. Morningstar Sustainalytics is a provider of ESG research, ratings and data.
Accelerate taps Tetra for digital custody
Accelerate Financial Technologies Inc. has selected Tetra Trust Company as custodian for its digital assets. Initially, the Accelerate NFT Fund LP, the first Web3 investment vehicle in Canada, will deploy Tetra’s custody solution which enables clients to store and settle their digital assets within a secure environment. Calgary-based Accelerate is one of Canada’s fastest growing…
Ultimus teams up with FundGuard for contingent NAV solution
Ultimus Fund Solutions is to offer its investment manager clients an enhanced contingent NAV solution utilising FundGuard’s platform. The FundGuard solution allows Ultimus to offer clients additional services to calculate real-time contingent NAVs for their registered funds. Clients can also use the solution for shadow NAV monitoring as an oversight to the normal daily NAV…
Opsmatix hires industry veteran as CEO
Opsmatix, a fintech providing AI-powered unstructured communications management solutions, has appointed New York-based finance and technology executive Dan Kramer as CEO. He replaces Justin Forrest, who is now the global COO of the company. Kramer has held senior roles at BNY Mellon, J.P. Morgan, Deutsche Bank, Merrill Lynch, and Morgan Stanley. Most recently he was…
Fenergo acquires AML specialist
Fenergo, the Ireland-based client onboarding specialist, has acquired Sentinels, the Amsterdam-based AML transaction monitoring provider. As part of the acquisition, the 70 staff currently employed by Sentinels will become part of Fenergo.
Sheedy joins Feedzai
Cormac Sheedy, who recently left Fenergo, has joined Feedzai as regional head for ME&A. Feedzai, a U.S.-based fintech, safeguards global commerce with a cloud-based risk management platform, It is a Series D company and has raised USD282m to date, with a current valuation of >USD1.5bn.
Confluence adds CRO & CCO
Confluence, the U.S.-based technology solutions provider focused on the investment management industry, has hired Chris Riggio as chief revenue officer (CRO) and Phillipa McLune as chief client officer (CCO). Riggio is responsible for all sales and marketing strategies across all of Confluence’s products and services, and McLune is responsible for client success across all professional…
FundGuard closes USD40m funding round
FundGuard, the AI-powered SaaS investment management and asset servicing enterprise platform, has closed a USD40m Series B funding round. The investment round included large strategic investors, Citi and State Street, who joined initial investors Blumberg Capital, LionBird Ventures, and Team8 Capital, inter alia, to back the company’s future-ready technology approach to asset servicing. This latest…