Inveniam Capital Partners, Inc will close its USD25m Series-A round this month with lead investments from Apex Group, K20 Fund, Dev.Pro, and Global Blockchain Ventures. Inveniam’s software platform, Inveniam.io, is an operating system for real asset data in the decentralised market.
Category: FinTech
Burgiss and Caissa to merge
The Burgiss Group, LLC and Caissa, LLC have entered into a definitive agreement to merge. On a combined basis, the firm will be one of the world’s leaders in private capital and total investment plan solutions. The combined firm will be headquartered in Hoboken, New Jersey and have over 450 employees worldwide. Burgiss is a…
State Street launches GIPS solution
State Street has struck a partnership with The Spaulding Group, a provider of investment performance measurement services, to launch its Global Investment Performance Standards (GIPS) asset owner solution. The combination of State Street’s core performance services and operational support with The Spaulding Group’s educational, consulting, and verification capabilities aims to provide asset owners with the…
SS&C launches ESG platform
SS&C has launched its ESG reporting solutions platform, which will support compliance with the EU’s SFDR and deliver greater insights and transparency into ESG portfolio risks. SS&C has partnered with Sustainalytics to create investor transparency, carbon risk and sensitive sector exposure disclosure reports. The platform scans managers’ underlying data against Sustainalytics’ ESG dataset based on…
Mainstream selects Harmonate for PC data management
Mainstream Fund Services, the Australian administrator that is in the process of being acquired by Apex, has selected Harmonate to provide private capital data operations. Texas-based Harmonate will support the automation of document and data processing and intelligence.
Goal appoints Daron Pearce as EMEA ambassador
Goal Group, the UK-based specialist in withholding tax reclaims and securities class actions recoveries, has appointed Daron Pearce as brand ambassador for its EMEA region. Pearce, who established his own consultancy earlier this year after leaving BNY Mellon, will help to promote Goal and its services to prospective clients, including large asset managers, pension funds…
EFA selects NeoXam’s Impress Regulatory Edition
EFA, the Luxembourg-based administrator with EUR140bn (USD166bn) AuA, has selected NeoXam’s Impress Regulatory Edition for regulatory reporting. The platform will be hosted by NeoXam as a Service. This decision expands the long-standing relationship between EFA and NeoXam, initiated with the adoption of the back-office investment accounting tool, NeoXam GP.
Broadridge expands proxy voting service
Broadridge Financial Solutions, a U.S.-based fintech, has expanded its Direct Market Solutions service, a custodian-focused, golden copy event sourcing and vote execution extension to Broadridge’s global proxy solution. Enhancements to DMS include expansion of coverage to 20 markets, improvements to market deadlines and extended voting windows by up to three days, and a reduction in…
State Street to add 400 tech jobs in Ireland
State Street is to establish a new 400-strong team in Ireland to provide technology infrastructure and cybersecurity services to support group operations globally. State Street currently employs approximately 2,000 staff in Ireland across Dublin, Drogheda, Naas and Kilkenny. The new unit will be located at IDA Ireland Business and Technology Park in Kilkenny, where State…
Citi’s Chris Perkins joins CoinFund
CoinFund, a blockchain-focused investment firm, has hired Chris Perkins from Citi as managing partner and president. At Citi, Perkins was global co-head of the futures, clearing and foreign-exchange prime brokerage businesses. At CoinFund, he will work to narrow the divide between crypto investing and traditional equities. Jake Brukhman, CoinFund’s founder and CEO, said: “Chris Perkins…