FINBOURNE Technology, the UK-based fintech specializing in investment data management, has raised GBP30m from Kreos Capital. The funding is an extension to FINBOURNE’s Series A round of April 2021.
Category: Independents
DekaBank partners with METACO
METACO, the Switzerland-based provider of digital asset custody and orchestration technology, has partnered with DekaBank, the provider of securities services and capital market solutions to the German Savings Banks Finance Group (Sparkassen-Finanzgruppe). With AuM of >EUR360bn, DekaBank is a provider of securities services in Germany, providing a range of services including custody, asset management and…
EDB appointed by Arab Bank
Arab Bank (Switzerland) Ltd. has appointed European Depositary Bank, the Luxembourg-headquartered provider of banking, depositary and custody solutions, for the provision of digital banking services. EDB has been selected to provide digital banking services for 32 bank accounts for 14 special purpose vehicles as part of ABS’ EUR400m pan-European real estate strategy. EDB is owned…
Swabey joins fundcraft
Henning Swabey has joined fundcraft, the regulatory and administrative provider to private equity, venture capital, funds of funds and feeder funds, as head of growth. He was previously at Calastone.
Paralel launches in U.S.
Paralel Technologies, a U.S.-based administrator, has launched its full-service platform for registered fund servicing. Paralel, along with its wholly owned subsidiaries Paralel Advisors and Paralel Distributors, provide fund administration, fund accounting, transfer agency, distribution and advisory services.
Copper hires Hammond as chair
Copper.co, the UK-based digital assets services provider, has appointed Philip Hammond, a former chancellor of the exchequer, as chair.
Crestbridge hires MLCO
Crestbridge, the C.I.-based administrator, has appointed Marie Morris as director, money laundering compliance officer. She will lead the financial crime compliance team in Jersey and act as the MLCO. Morris has over 25 years of experience in the finance industry. Prior to joining Crestbridge she was MLRO at a global bank.
Capital appoints SS&C
Capital Group has appointed SS&C to provide transfer agency services for its recently launched UK OEIC, the Capital Group U.K. – Global High Income Opportunities Fund. Capital Group has AuM of >USD2.1trn. SS&C is a transfer agent to Capital Group in the U.S.
Fenergo signs Citco
Citco has signed a deal with Fenergo, the client lifecycle management specialist. Citco selected Fenergo’s CLM software as a SaaS platform to deliver end-to-end client journeys through front-to-back-office integrations with AML screening providers, and centralised document management. Citco, which claims to have USD1.8trn AuA, provides services for hedge funds, private equity, and real estate funds.
Waystone hires strategy chief
Kieran Conroy has joined Waystone as head of strategy for fund administration & product, based in Canada. He was most recently head of hedge fund services at Citco.