Category: Independents

SS&C has launched its ESG reporting solutions platform, which will support compliance with the EU’s SFDR and deliver greater insights and transparency into ESG portfolio risks. SS&C has partnered with Sustainalytics to create investor transparency, carbon risk and sensitive sector exposure disclosure reports. The platform scans managers’ underlying data against Sustainalytics’ ESG dataset based on…

Apex has been appointed as fund administrator of the Masdar Green REIT, the first REIT in the Middle East region to invest solely in sustainable real estate assets. The fund is managed by Masdar Capital Management Limited, a manager incorporated in the Abu Dhabi Global Market. The REIT’s portfolio is currently comprised of four commercial…

FundRock, an Apex subsidiary that provides third-party UCITS ManCo and AIFM services, has launched FundRock (ME) Ltd. in the Abu Dhabi Global Market, following full regulatory approval by the ADGM Financial Services Regulatory Authority. FundRock ME will offer a ManCo for Qualified Investor Funds and Exempt Funds in the ADGM.

Suntera Global, the Isle of Man-based administrator, has made its second Luxembourg acquisition of the year. Following the acquisition of Reference Financial Services SA (Luxembourg), Suntera has now signed an agreement to acquire NeoTrust Fiduciary Luxembourg SARL, a fund and corporate services firm. With a team of 14 in Luxembourg, NeoTrust provides services to private…

Sanne, the UK-listed provider of fund and corporate services that is currently the subject of a takeover bid by Apex, has appointed Tervinder Chal as country head of Singapore. He replaces David Fowler, who recently relocated to Sanne’s London office to become global head of private equity. Chal was previously head of APAC fund operations…

EFA, the Luxembourg-based administrator with EUR140bn (USD166bn) AuA, has selected NeoXam’s Impress Regulatory Edition for regulatory reporting. The platform will be hosted by NeoXam as a Service. This decision expands the long-standing relationship between EFA and NeoXam, initiated with the adoption of the back-office investment accounting tool, NeoXam GP.

Citco, the alternative investment assets servicer with USD1.5trn AuA, has announced the launch of a new office in Hyderabad as part of its ongoing expansion in India. The Hyderabad office plans to hire more than 1,200 employees over the next two years, and will operate as a Citco CoE.