CSC and Intertrust have obtained all regulatory clearances in respect of the offer by CSC to acquire Intertrust. As a result, the offer condition with respect to the regulatory clearances has been satisfied. The offer period will end on 31 October 2022, and CSC and Intertrust recommend all shareholders to tender their shares before that…
Category: Independents
Janney appoints SS&C
Janney Montgomery Scott, a U.S.-based wealth management, financial services, and investment banking firm, has appointed SS&C to provide investment performance and reporting. Janney will deploy SS&C’s performance measurement and client reporting technology and outsourced operational services for its wealth management business.
Carrara appoints SS&C GlobeOp
Carrara Capital, an Australia-based investment management firm, has appointed SS&C GlobeOp as fund administrator for its recently launched multi-strategy fund.
SS&C hires State Street veteran
John Mason has joined SS&C in the UK as a sales director for the asset & wealth management sector. Mason previously spent nearly 25 years with State Street, most recently as a business development manager in Singapore.
Ultimus LeverPoint adds SVP to BD team
Ultimus LeverPoint Private Fund Solutions, the private capital fund administrator owned by Ultimus Fund Solutions, has hired Scott Trimble as a senior vice president of business development. Trimble has over 25 years of experience in fund administration, asset management and capital acquisition, as well as investment technology. In his most recent position as vice president…
IQ-EQ supports new RE fund
IQ-EQ has supported Premico, a Finland-based real estate fund manager, with the first closing of its newest residential fund, Premico Residential Fund III, raising EUR45m (USD44m) in equity commitments. IQ-EQ Luxembourg is providing fund administration, depositary and AIFM services, as well as corporate services and directorship for the GP and MasterCo.
Madison signs with Confluence
Confluence, a U.S.-based fintech provider for the investment management industry, has signed a multi-year contract with Madison Investments. The Wisconsin-based firm, with >USD20bn AuM, uses the Confluence composites solution to support its compliance with GIPS (Global Investment Performance Standards).
IQ-EQ wins new mandate
IQ-EQ has been appointed to provide fund administration services to NBD Ventures T&T Opportunity Fund, a new fund accelerating payment liquidity for the travel and transport industries.
Apex goes with Enfusion for MO
Apex has selected the Enfusion platform to enhance the delivery of middle-office services to its global fund administration client base. Enfusion is a U.S.-based provider of SaaS solutions for hedge funds and asset managers. Apex will use Enfusion’s software for cash and position reconciliation, corporate actions processing and verification, trade affirmation and break resolution, shadow…
Link broadens relationship with EFA
European Fund Administration, which is due to be acquired by Universal Investment, has been appointed by Link Fund Solutions (Luxembourg) S.A. to provide middle office services covering trade management services for transferable securities and for financial derivative instruments. This new mandate broadens the longstanding relationship between EFA and Link Fund Solutions (Luxembourg) S.A., a third-party…