Tokeny, the Luxembourg-based tokenisation platform that is backed by Euronext., has formed a partnership with Inveniam Capital Partners, Inc., a U.S.-based SaaS company delivering trust, transparency and completeness of data to private market assets. The partnership includes a EUR5m (USD5.7m) investment by Inveniam, Apex, and K20 Fund. The partnership aims to fully unlock asset liquidity…
Category: FinTech
Kevin O’Neill joins Napier as CRO
Napier, the UK-based provider of an AI-enhanced AML and financial crime platform, has hired Kevin O’Neill as chief revenue officer. O’Neill comes to Napier from Fenergo, the client onboarding specialist, having served as global head, asset management and asset servicing, and head of EMEA sales. He has also held senior positions at BNY Mellon and…
Framework rebrands as daappa
Framework, the private equity platform provider, has rebranded as daappa (pronounced “dapper”), which stands for data, accounting and administration platform for private assets.
AssetMetrix hires in Lux
AssetMetrix, the Germany-based alternatives specialist in which BNP Paribas has a strategic stake, has hired Margot Ripoll as a business development associate in Luxembourg. She previously worked as a credit analyst at investment bank Bpifrance.
LemonEdge wins new mandate
Kensington Capital Partners, a Canadian manager with CAD2.3bn AuM (USD1.8bn), has hired LemonEdge, a UK-based provider, to provide front-to-back accounting and reporting services. The API and low-code accounting platform will power the firm’s PE, VC, and fund of fund structures, alongside an investor portal.
Swiss market tests CBDC integration
The Bank for International Settlements (BIS), the Swiss National Bank (SNB), and SIX, Switzerland’s main provider of financial infrastructure services, have concluded the second phase of Project Helvetia, which looks toward a future with more tokenised financial assets based on distributed ledger technology coexisting with today’s systems. SNB and five commercial banks – Citi, Credit…
BlockFi hires COO & CTO
BlockFi, a U.S.-based crypto financial services company, has made two senior appointments. Alexander Grigoryan has joined as the chief technology officer and will oversee all global product development and technology strategy. Prior to BlockFi, Grigoryan led product engineering at Skillz, a mobile games platform, and before that held senior engineering and developer roles at Walmart…
Next Gate Tech hires industry heavyweight as CRO
Next Gate Tech, the Luxembourg-based fintech specialising in data management and data analytics for the asset management and asset servicing industries, has hired Eduardo Gramuglia Pallavicino as chief revenue officer. Gramuglia was previously head of State Street’s business in Luxembourg, and has also worked at BBH.
SS&C launches 18f-4 service
SS&C has launched an 18f-4 analytics service to help fund managers comply with new derivatives investment reporting rules. SEC Rule 18f-4 comes into effect in August 2022, changing the regulatory framework for derivatives used by registered investment companies. The SS&C Algorithmics 18f-4 Risk Analytics Service is a cloud-based platform enabling users to generate reports for…
Nick Maton leaves Intertrust for fintech
Nick Maton has joined AlphaFX Group, a UK-listed fintech as MD, Luxembourg country head. He joins from Intertrust, where he was Luxembourg country head.