Category: Independents

JTC, the UK-listed administrator being taken private by Permira, and Asset Class, the U.S.-based fintech focused on private markets, have launched JTC ONE in the U.S., an end-to-end solution for private markets firms that combines fund administration with a purpose-built digital investor experience. JTC ONE combines two specialist businesses with complementary strengths: JTC’s expertise in…

IQ-EQ has supported a major Irish residential investment platform, acting as alternative investment fund manager (AIFM) to the fund underpinning the transaction. The partners in the fund – APG, a Dutch pensions group, and Kennedy Wilson, the Irish property investment group – intend to invest a reported EUR2bn (USD2.3bn) in residential properties in Ireland through…

SS&C plans to enable digital cash settlement for tokenised investment transactions using regulated forms of digital cash, including stablecoins and tokenised commercial bank deposits. The plan builds on the launch of SS&C’s live tokenised fund issuance and distribution capabilities earlier this year following the acquisition of Calastone in 2025. SS&C already enables asset managers to…

Bunch, a German fintech providing an AI-native fund operations platform for private markets, has launched a strategic partnership that will see the company join Luxembourg Fund Services (LFS) founder Massimo Longoni and CFE Finance Group as owners and sole shareholders in LFS. Under the terms of the agreement, Bunch will acquire an ownership stake in…

Gareth Myburgh has left Citi after more than nine years. He was most recently head of platform solutions – Citi Velocity ETF, leading the design and delivery of Citi’s turnkey ETF issuance solution. The future of that platform was placed in doubt after Citi announced earlier this year its intention to “retire” the service after…

SEI has expanded its transfer agency solutions with the launch of SEI Transfer Agency and Registry Services, Inc. to support a broader range of fund structures. Registered with the SEC, the business supports U.S.-based traditional and alternative asset managers offering SEC-registered, retail-distributed funds. It will leverage core technology from Envision Financial Systems, an investor accounting…

FundBank Group, a banking provider to the asset management industry, has rebranded to IRACE Digital. The rebrand “marks the group’s shift from a traditional institutional banking platform to an integrated infrastructure provider supporting institutional activity across both traditional and digital asset markets”. Building on FundBank’s existing institutional banking infrastructure, and subject to regulatory approvals, IRACE…