Apex has appointed Matthew Pykstra as senior executive officer of FundRock Middle East. He joined Apex in 2022, following the acquisition of Sanne Group. Pyskstra succeeds Martin Bond, who becomes the regional head of client relationship management in the Middle East.
Category: Independents
Torstone links MO with CTM
Torstone Technology, a UK-based provider of post-trade securities and derivatives processing solutions, has completed product certification of its middle office product with DTCC’s CTM, a central matching platform used to allocate and centrally match transactions across multiple asset classes.
Copper acquires ADGM brokerage
Copper, the UK-based institutional digital asset infrastructure provider, has acquired Securrency Capital Limited, a full-service, regulated blockchain-enabled brokerage firm offering digital securities trading based in the Abu Dhabi Global Market (ADGM). Securrency Capital’s platform, powered by Securrency’s digital asset infrastructure and compliance solutions, provides investors with access to global securities, delivering 24/7 trading with near-real…
Socium partners with Cascata
Socium Fund Services, the U.S.-based subsidiary of Suntera Global specialising in private equity, private credit, real estate, and venture capital fund administration, has partnered with Cascata Solutions, a provider of automated waterfall distribution software. Together, they aim to deliver carried interest, management fee, and expense accounting services for Socium’s private fund clients.
Apex enters Portugal
Apex has acquired Watermark Consulting, a Portugal-based provider of accounting, reporting, tax compliance and administrative services. Watermark serves clients including asset managers, multinational corporates, SMEs and real estate investors, delivering set-up and incorporation, accounting and reporting, tax compliance, fiduciary, HR, and administrative services. Watermark has 16 staff.
IQ-EQ opens in ADGM
IQ-EQ, the Luxembourg-based administrator, has opened in Abu Dhabi, including a licence to provide fund administration services. The new office is located in Abu Dhabi Global Market (ADGM). The opening of an Abu Dhabi office follows its launch in Dubai earlier this year.
Accelex raises USD15m
Accelex, a UK-based provider of automation for private markets data acquisition, reporting and analytics, has raised USD15m through a Series A funding round led by FactSet, a financial digital platform and solutions provider, with participation from existing investors Illuminate Financial, AlbionVC, SixThirty Ventures and Expon Capital.
Alter Domus gets new COO
Alter Domus, the Luxembourg-based provider of fund administration for the alternative investment industry, has appointed Michael Janiszewski as COO. He reports to Doug Hart, Alter Domus CEO, and joins the executive board. He was most recently COO for BNY Mellon’s securities services and digital business.
Arcesium wins treasury mandate
PAAMCO Prisma, an alternatives investment firm, has selected Arcesium, a fund administrator in which J.P. Morgan has a strategic stake, to provide treasury management services through its Treasury Suite. Arcesium’s treasury capabilities will provide enhanced transparency and control over PAAMCO Prisma’s collateral management and securities lending activities. PAAMCO Prisma aims to optimise multi-asset collateral allocation…
SEI adds Miller to board
SEI has appointed Stephanie Miller to its board of directors. She joins executive chairman Al West and current directors Jonathan Brassington, William Doran, Carl Guarino, CEO Ryan Hicke, Kathryn McCarthy, and Carmen Romeo. In addition to her board responsibilities, Miller will serve as a member of the audit and legal and regulatory oversight committees. Miller…