Socium Fund Services, which C.I.-based Suntera Global acquired earlier this year, has appointed Matthew Reynolds as head of business development, Americas. He joins Socium from Sanne, now part of Apex.
Category: Headlines
Morphosis appoints Apex for new VC fund
Morphosis Venture Capital Limited has appointed Apex to provide fund services to Alicorn India Fund 1 LP. Morphosis, which is regulated by the Dubai Financial Services Authority, is a venture capital firm and accelerator, investing in early-stage tech-first start-ups. Alicorn India Fund 1 LP is a USD100m fund focused on India, with an emphasis on…
73 Strings partners with A&M
73 Strings and Alvarez & Marsal (A&M) have signed a partner program agreement to deliver 73 Strings’ portfolio monitoring and valuation solutions to their mutual clients. Collaborating on shared international clients, the firms will jointly support the configuration and implementation of 73 Strings’ platform. 73 Strings digitises alternative investments by combining its corporate finance and…
SimCorp partners with AccessFintech
SimCorp, a Europe-based provider of SaaS investment management software, and AccessFintech, the data normalisation and workflow network, have established a partnership that will connect AccessFintech’s Synergy Network with SimCorp’s Asset Service Hub. This collaboration will enable SimCorp’s clients to better access and visualise data through aggregation and normalisation. AccessFintech’s Synergy Network improves data quality and…
AB Capital selects SS&C Aloha
AB Capital Group, a Philippines-based financial services provider, has selected the SS&C Aloha platform to help launch and grow its new private wealth business and replace the legacy system supporting its trust division. Cloud-native SS&C Aloha will deliver front, middle and back-office functions, including IBOR, ABOR, performance and risk, client reporting, billing and compliance. AB…
Zodia expands token coverage
Zodia Custody, the UK-based digital asset custodian, has expanded its token coverage with the addition of Uniswap (UNI), USD Coin (USDC), and Wrapped Bitcoin (WBTC). Zodia is a service provided by Standard Chartered, with Northern Trust as a co-investor.
State Street launches new P2P platform
State Street has launched a new peer-to-peer financing platform, Venturi, specifically designed to connect buy-side firms with new sources of liquidity in the global repo space. Venturi, built through a partnership with FinOptSys, a fintech focused on the securities financing market, supports trade negotiations and enhances trade settlement and collateral management, allowing traders to better…
Saphyre extends platform to cover legal agreements
Saphyre‘s pre-trade and post-trade platform, which is used by some of the world’s leading financial institutions for account onboarding and maintenance, can now digitally track and permit parties to negotiate legal agreements on the platform. The legal module within Saphyre is agreement type-agnostic (ISDA, GMRA, MSFTA, MRA, etc.) and has templates to digitally structure ISDAs…
Hazeltree appoints CTO
Hazeltree, the U.S.-based provider of treasury and liquidity management technology for the alternative asset industry, has appointed Paul Higdon as chief technology officer. Higdon will report to Hazeltree CEO Tushar Amin. He joins from ION Treasury, where he was chief product officer.
Participant Capital appoints Apex
Apex has been appointed by Participant Capital Advisors, LLC, a U.S.-based real estate investment firm, to provide fund and financial services. Participant is the affiliated asset management arm of Royal Palm Companies, which has developed more than 50 large-scale, mixed-use projects over 40 years. Apex will provide fund administration services to Participant Capital’s Luxembourg domiciled…