Joanna Macleod has joined IQ-EQ as group chief operating officer. She was previously at American Express.
Category: Headlines
Crestbridge appoints new business development director for U.S.
Crestbridge, the C.I.-based administrator, has appointed Marta Ciemiega as business development director in the U.S. She was most recently a director of business development at Sanne Group.
Northern Trust deploys ML to research for asset allocators
Northern Trust has launched a feature within its Front Office Solutions business that uses machine learning to help asset allocators gain better control of their research process. The new feature leverages knowledge of a user’s past behaviour to tag research management documents with intelligently suggested attributes before uploading them to the Front Office Solutions platform.…
KB AM in Singapore selects SS&C’s front-to-back solution
KB Asset Management Singapore, the asset management arm of Korea’s KB Financial Group, has selected SS&C’s front-to-back-office solution for its operations. The solution leverages SS&C’s fund administration and middle-office services and Eze Investment Suite for order and portfolio management, compliance, and client reporting. The platform covers operations across KB Asset Management Singapore’s portfolio, including equities,…
Alter Domus strikes deal with Canoe
Alter Domus, the Luxembourg-based administrator that has USD1.3trn AuA, has struck a deal with Canoe Intelligence to offer data management solutions for alternatives managers that combine automated technology and data accuracy. Canoe specialises in redefining data management processes for alternative investments by deploying advanced data capture technology to automate manual workflows.
IQ-EQ appoints new CIO
IQ-EQ, the Luxembourg-based administrator, has appointed Rashmi Rao as group chief information officer. She previously ran her own consulting business.
Indea appoints BP2S for VCC servicing
Indea Capital Partners has appointed BNP Paribas Securities Services to provide services to its sub-fund set-up under Singapore’s Variable Capital Company (VCC) structure. Indea is a Singapore-registered fund manager focused on advising clients on alternative investments. As part of the mandate, BP2S will provide Indea with global custody, hedge fund administration, investor services and financial…
Confluence to acquire Compliance Solutions Strategies
Confluence, a technology solutions provider for the investment management industry, has agreed to acquire Compliance Solutions Strategies (CSS), a RegTech company. Founded in 2017 and headquartered in New York, CSS offers a global RegTech platform underpinned by its proprietary Regulatory Book of Record data management solution. Servicing more than 600 clients globally, including nine of…
SimCorp launches Investment Accounting as a Service
SimCorp, a U.S.-based provider of SaaS investment management solutions, has launched Investment Accounting as a Service in response to increased demand from buy-side clients to outsource back-office functions. SimCorp’s multi-asset class Investment Accounting as a Service will deliver multi-jurisdictional and regulatory compliant accounting, analytics and reporting, with an advisory overlay. The service is based on…
Revelstoke appoints Apex for PE fund services
Apex has been appointed to provide fund administration services to Revelstoke Capital, a private equity firm specialising in the healthcare and health and wellness sectors. Based in Denver, Colorado, Revelstoke reports USD3.8bn AuM.