Emso Asset Management, a UK-based manager with USD6.8bn AuM, has gone live on SS&C’s new treasury management platform. The platform provides responsive technology to unify front- and middle-office treasury workflows and help clients make real-time cash and treasury management decisions.
Category: Independents
Paralel selects Confluence
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,…
Gresham House appoints JTC for new fund
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…
Clearwater hires head of global delivery
Clearwater Analytics, a U.S.-based provider of SaaS-based investment accounting, reporting, and analytics solutions, has hired Diane McLoughlin as head of global delivery. In this capacity, she will set the strategic direction of the company’s global delivery function and lead the team responsible for the onboarding of clients to the Clearwater solution in North America and…
IQ-EQ hires new IoM head
IQ-EQ has appointed Simon Scott as managing director for the Isle of Man. Prior to joining IQ-EQ, he was Isle of Man country head for Barclays Bank.
Carne to acquire AMX
The Carne Group, the Ireland-based provider of services to asset managers, is to acquire the Asset Management Exchange (AMX) from WTW (Willis Towers Watson), subject to regulatory approvals. WTW will take a minority stake in Carne as part of the deal. AMX connects investors, asset managers and service partners so they can transact and interact…
Waystone to acquire KBA
KB Associates, an Ireland-based professional services firm offering ManCo, governance, regulatory and related consulting services, has reached an agreement to join the Waystone Group, subject to regulatory approval. KBA employs almost 100 consultants, advises over 250 international asset managers and supports investment funds with assets exceeding USD400bn. Mike Kirby, KBA founder and managing principal, will…
Broadridge partners with Santander for Spanish voting solution
Broadridge Financial Solutions, Inc., a U.S.-based fintech provider, has launched a new golden copy event notification and vote execution service for the Spanish market. The service, delivered in collaboration with Santander Investment S.A., provides a fully automated solution with market-wide coverage. The service aims to improve market error rates, expand voting windows and facilitate vote…
Crestbridge appoints new UK chief
Martin Lambert has joined Crestbridge, the C.I.-based administrator, as head of UK operations. He will take over Paul Windsor’s responsibilities overseeing the UK offices, following Windsor’s retirement. Prior to joining Crestbridge, Lambert was a partner at Grant Thornton.
IQ-EQ establishes hybrid funds desk
IQ-EQ, the Luxembourg-based investor services provider, has launched a hybrid funds desk. The new desk will provide the expanding hybrid funds market with a dedicated, globally integrated team with expertise across open-ended and closed-ended fund structures. Hybrid funds – which provide fund managers with the flexibility to invest in a range of asset classes and…