Category: Independents

ChiLin Global Fiduciary Services Ltd, a Mauritius-based professional services firm and full-service fund administration provider, has selected the PFS-PAXUS fund administration system for its third-party fund administration business operations. PFS-PAXUS is a product of Pacific Fund Systems, a provider of global fund administration software. PFS-PAXUS will provide ChiLin Global with multi-currency fund accounting, portfolio valuation,…

Allvue Systems, a U.S.-based alternative investment technology solutions provider, has formed a strategic partnership with PitchBook to bolster its capabilities for LPs, including fund of funds, endowments, and pensions. PitchBook is a data provider for the private and public equity markets. Through this partnership, Allvue’s clients will have access to PitchBook’s Private Market Benchmarks as…

Fireblocks, the U.S.-based crypto services provider in which BNY Mellon has a stake, has raised USD550m in Series E funding. This brings its valuation to USD8bn, making Fireblocks the highest-valued digital asset infrastructure provider in the world. This follows the recent USD350m fundraising round by Anchorage Digital, the U.S.-based crypto custody platform, valuing the business…

IHS Markit, the UK-based provider of information, analytics and solutions, has partnered with METACO, the Swiss-based provider of software and infrastructure to the digital asset industry. The partnership aims to deliver post-trade securities processing capabilities for digital assets. IHS Markit’s post-trade securities processing platform will be integrated with METACO Harmonize, a secure digital asset system,…

Confluence Technologies, Inc., a U.S.-based fintech focused on the investment management industry, has been selected by Paralel Technologies, a start-up fintech firm, for its core back-office services. The multi-year deal includes the use of Confluence’s regulatory reporting, performance, and financial reporting products. Paralel began operations in late 2021. Using Confluence’s Unity NXT Regulatory Reporting solution,…

JTC, the C.I.-based administrator, has supported Gresham House with the launch of the British Sustainable Infrastructure Fund II LP (BSIF II), with JTC appointed to provide governance, company secretarial, fund administration and accounting support. BSIF II, which has a target size of GBP500m (USD675m), will invest in sustainable infrastructure in the UK. The fund will…