SimCorp, a U.S.-based provider of SaaS investment management solutions, has signed a new partnership with COMGEST to support its strategy and offer an enhanced front-to back-office global platform, in partnership with TradingScreen. COMGEST, a France-based manager, will replace its existing front-to-back solution with SimCorp Dimension and Gain data management solutions, both cloud-hosted platforms.
Category: FinTech
Genesis Custody gets UK regulatory approval
Genesis, a digital asset servicer and digital currency prime brokerage, has received approval from the UK’s Financial Conduct Authority for its Genesis Custody business as a registered cryptoasset business. Genesis Custody provides segregated multi-asset cold storage for full custody of client assets. In 2020 Genesis acquired Vo1t, a UK-based digital custody service provider. The Genesis…
FIS hires State Street digital expert
FIS, the U.S.-based fintech, has appointed Ralph Achkar as head of product strategy for digital assets, currency, and blockchain. He joins from State Street, where he led digital product development for EMEA and ASPAC.
SS&C invests in new tech venture
SS&C has invested in a newly incorporated company formed by the combination of Equiniti and American Stock Transfer & Trust Company, recently acquired by affiliates of Siris Capital Group, LLC. Equiniti is a U.S. and UK provider of shareholder, pension, remediation, and credit technology, and AST is a provider of U.S. shareholder technology. SS&C has…
State Street renews data deal with LSEG
State Street and the London Stock Exchange Group have extended their relationship, with an agreement that includes a range of data services to support State Street across its businesses. State Street clients can access market pricing, symbology, and time series data from Refinitiv through the Charles River Investment Management Solution and the State Street Alpha…
Northern Trust continues automation push for alts business
Northern Trust has partnered with Accelex, a UK-based fintech, to provide asset owners with new capabilities for handling unstructured data. The improvements complement other AI-powered data extraction capabilities that Northern Trust has developed in house for its alternative asset servicing business and for clients of its Front Office Solutions platform. Leveraging Accelex technology, Northern Trust…
Deutsche Börse completes deal with Crypto Finance
Deutsche Börse has completed its acquisition of a majority stake in Crypto Finance, a FINMA-regulated provider of trading, custody, and investment services for digital assets. Jan Brzezek, CEO and co-founder of Crypto Finance, and the current management team will continue to lead Crypto Finance and retain a significant stake in the company. Crypto Finance will…
Vistra launches investor servicing portal
Vistra, the Singapore-based administrator, has launched a new investor servicing portal, VFunds 2.0, which is powered by Eleven, a fintech provider. The launch includes the migration of Vistra’s entire U.S. business to VFunds 2.0. Vistra is now rolling out VFunds 2.0 to clients around the world. The rollout of VFunds 2.0 focuses on Eleven’s document…
Adams Street deploys Apex ESG solution
Adams Street Partners, a U.S.-based private markets investment firm with >USD49bn AuM, has deployed a real-time ESG data analytics solution from Apex to provide insights into underlying fund and private company investments. The Apex analytics platform securely processes a variety of ESG data streams to provide tailored insights during investment and operational due diligence. Adams…
Northern Trust launches climate risk reporting service
Northern Trust has enhanced its ESG investment analytics to deliver new climate risk reporting for global institutional investor clients. The Climate Focus Report, part of Northern Trust’s ESG Insights suite of reporting solutions, offers clients a range of carbon metrics, physical risk and transition risk detail at the portfolio level. These include detailed emissions information,…