Ultimus Fund Solutions, the U.S.-based independent provider of fund administration, accounting, middle office, and investor solutions, has supported the launch of Hypatia Capital’s first ETF. The fund, the Hypatia Women CEO Fund, will invest in established, women-led businesses. Hypatia Capital, a New York based Registered Investment Advisor, focuses on sponsoring female CEOs and investors within…
Category: Headlines
Crystal opts for Geneva
Crystal Capital Partners, an alternative investment platform for financial advisors, has selected SS&C’s Geneva platform to further optimise its back-office processes. SS&C Geneva will streamline portfolio management and reporting across more than 500 customised portfolios to support further growth. Crystal Capital Partners’ platform enables advisors and their qualified clients to build diversified portfolios comprised of…
IQ-EQ acquires in Asia
IQ-EQ, the Luxembourg-based administrator, has reached agreements to acquire ComplianceAsia and Lymon Pte Ltd. ComplianceAsia, the longest established compliance consulting firm in Asia Pacific and one of the largest firms operating in the region, was founded in 2003. Lymon was founded in Singapore in 2013 to address a gap in the market in the provision…
SimCorp partners with Battea
SimCorp, the investment management fintech that is being acquired by Deutsche Börse, has struck a partnership with Battea Class Action Services, LLC, a U.S.-based provider of class and collective action antitrust and securities litigation recovery services. As part of the partnership, Battea will join SimCorp’s Open Platform program, designed to offer SimCorp clients access to…
Finbourne adds to U.S. sales team
Finbourne, the UK-based fintech, has hired Natasha Hayes as U.S. sales director. Based in Chicago, she joins from Zayo Group.
Arcesium partners with Confluence
Arcesium, the administrator which claims to have USD675bn AuA, and Confluence, a fintech solutions provider for the investment management industry, have formed a partnership to deliver an integrated data management and analytics solution for middle & back-office operations for asset managers, delivering workflow efficiency in performance, risk, and regulatory reporting. The offering will integrate Confluence’s…
SMDAM selects Burgiss
Sumitomo Mitsui DS Asset Management (SMDAM)—one of the largest asset management companies in Japan— has selected Burgiss, a provider of private capital data and analytics, as its long-term partner to help manage its growing business in alternative investments. SMDAM will deploy Burgiss’ portfolio management, transparency data, universe data, and investment book of record cashflow data…
CACEIS granted PSAN status
CACEIS Bank, the CACEIS group’s French banking entity, has been granted PSAN (digital assets service provider) status by the AMF, France’s financial markets authority. PSAN status enables CACEIS Bank to offer digital asset custody services to third parties, CACEIS says it is the first milestone in the development of a digital asset custody service that…
Pirum launches recall service
Pirum, the UK-based securities finance fintech, has gone live with a global and interoperable Recalls Service, which streamlines and automates the entire end-to-end recall workflow. Pirum claims that this solution “delivers significant efficiencies and assists with compliance ahead of T+1 regulation in the US, Canada and Mexico”. The service aims to transform the recall management…
IQ-EQ appoints Americas CFO
IQ-EQ, the Luxembourg-based administrator, has appointed Judy Wang as CFO for the Americas, where she will direct the financial performance and management of IQ-EQ’s U.S. and Caribbean businesses. She takes over from departing CFO Scott Hensell, and reports to Matt Okolita, regional CEO, Americas. Following its 2022 acquisition of JGM Fund Services, IQ-EQ’s U.S. footprint…