State Street and Apex Fintech Solutions have formed a partnership that includes a minority investment by State Street into Apex Fintech Solutions. State Street will leverage Apex’s digital custody and clearing platform to expand its wealth services offerings. Apex Fintech Solutions is a fintech platform provider with >200 clients and 22 million brokerage accounts holding…
Category: FinTech
Challice steps up at Pirum
Pirum, the fintech focused on the securities finance and collateral management sector, has appointed Ben Challice as CEO. Challice re-joined Pirum last year as president & chief of strategy from J.P. Morgan, where he led its trading services business globally.
FIS launches investor onboarding solution
FIS has launched FIS Investor Services Suite, an end-to-end solution designed to transform the investor servicing landscape for financial institutions, as well as alternative and traditional fund managers.
Ultimus expands with Xceptor
Ultimus, the U.S.-based independent provider of fund administration, accounting, and investor solutions, and Xceptor, the data automation platform for financial markets, have expanded their six-year partnership. As the data automation and reconciliation engine powering Ultimus’ service model, the partnership allows Ultimus and its clients to benefit from faster processing times, enhanced data accuracy, and customised…
Sonata One hires senior manager
Sonata One, the private funds clearinghouse, has appointed Nikhil Ashra as senior commercial development director, based in New York. He has previously worked at iCapital and Canoe Intelligence. Sonata One connects more than 53,000 investors with 6,500 funds and 180 fund managers globally.
CACEIS takes stake in Kriptown
CACEIS has acquired a minority stake in Kriptown, the French fintech specialising in asset tokenisation. This investment coincides with the upcoming launch of Lise (Lightning Stock Exchange), its subsidiary, which will be the first European tokenised exchange dedicated to SMEs and mid-cap companies. Lise is developing a market infrastructure designed to simplify equity financing and…
SimCorp appoints new CEO
SimCorp, the fintech subsidiary of Deutsche Börse AG, has appointed Peter Sanderson as CEO. Sanderson was group chief executive officer for GAM Investments from 2019 to 2024, Prior to that, he spent a decade at BlackRock Investment Management. Sanderson replaces Georg Hetrodt as CEO, who retires after 27 years with the company at year-end.
Saphyre raises USD70m
Saphyre, the fintech focused on automating finance operations and trading workflows, has closed a USD70m equity investment from FTV Capital. The investment will enable Saphyre to accelerate go-to-market efforts in pre- and post-trade, support ongoing product innovation, expand its global footprint and deepen integration across the financial services ecosystem.
Eleven receives new investment
Marktlink Capital, a European private equity and venture capital investment firm, has invested in in Eleven, a fintech supporting the full investment lifecycle from fundraising and investor onboarding to ongoing investor servicing and engagement for fund managers, investors, fund administrators, service providers and other related parties.
AccessFintech appoints new CEO
AccessFintech, the data network driving capital optimisation and greater operational capacity, has appointed Sarah Shenton as CEO, effective immediately. Shenton was most recently, head of the Value Accelerator at Goldman Sachs’ alternative assets business, Shenton led Goldman Sachs’ Series A investment in the company and served as a board director from 2018 to 2025. She…