Northern Trust has enhanced the commission management process for its Integrated Trading Solutions clients through a collaboration with Commcise, a provider of cloud-based software solutions, including commission management and aggregation services, research valuation, consumption tracking and share-of-wallet reporting. The Commcise platform provides managers with automated soft dollar reconciliation, invoice/contract management, commission targeting, broker voting, commission…
Category: FinTech
Accelerate appoints Tetra for NFT ETP
Accelerate Financial Technologies Inc., a provider of alternative investment solutions, has selected Tetra Trust Company as custodian for Accelerate’s 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…
StonePine selects SimCorp for front-to-back solution
SimCorp, a provider of SaaS investment management solutions, will support StonePine Asset Management with front-to-back-office investment processing. The agreement enables StonePine to run all aspects of the portfolio management, trading, and compliance process on the same platform as the post-trade operational activities (reconciliation, corporate actions, trade lifecycle management, etc.) which will be supported by SimCorp…
Cowen Digital to deploy SS&C Eze
Cowen Digital, Cowen Inc.‘s digital asset division, will deploy SS&C Eze‘s institutional OEMS platform to support its clients’ digital asset trading requirements. SS&C Eze’s institutional digital asset trading platform provides broker-agnostic access to institutional liquidity across the market. It also provides market data covering 100+ tokens and 500+ pairs from more than 35 sources, enabling…
Challenger & SimCorp to launch new business in Australia
Challenger, an Australian investment management firm, and SimCorp, a provider of SaaS investment management solutions, have signed a non-binding memorandum of understanding in relation to a strategic partnership to launch a new stand-alone company. The business will provide investment administration services to Challenger, Fidante Partners and third-party clients. As part of the agreement, Challenger will…
CFT ETF platform links issuers with service providers
Consortio Funds Trust, a start-up platform, has assembled a group of leading service providers from across the ETF industry. The providers aim to help create and grow ETFs, providing an integrated, cost-effective, and turnkey solution to support ETF sponsors in planning, launching, operating, and growing their exchange-traded products. CFT is designed to be a collaborative…
Zodia Custody links to Fireblocks
Zodia Custody, the UK-based crypto asset servicing provider for institutional investors, has established a deal with Fireblocks, the U.S.-based provider of digital asset and crypto technology, to enhance Zodia’s’s connectivity offering and give institutional investors direct access to the Fireblocks network, a global crypto capital markets gateway. The integration will allow Zodia’s institutional clients to…
Symphony hires head of Americas sales
Symphony, the market infrastructure and technology platform, has appointed Richard Griffith as head of sales and account management, Americas. Prior to Symphony, he held a number of commercial roles at StreetLinx, Goldman Sachs, Barclays, Lehman Brothers and, most recently, Palantir Technologies.
Harmonate hires VP of bus dev
Harmonate, the provider of a SaaS-based solution which enables scale and efficiency for mid to back office functions in the private funds space, has hired Kristin Winkler as the vice president of business development. Based in New York, Winkler joins from Mainstream.
FINBOURNE appoints CTO
FINBOURNE Technology, the UK-based investment data management provider, has appointed Robert Byrne as chief technology officer (CTO). He joins from City Science, where he was CTO.