Ultimus Fund Solutions, the U.S.-based provider of full-service administration, fund accounting, middle office, and investor solutions to traditional and alternative investment managers, has appointed James Cass to head up Ultimus LeverPoint Private Fund Solutions (ULP). Cass, who recently led SEI Investments’ alternative investments fund administration group, has assumed the role of president of ULP. Thomas…
Category: Independents
Archax launches in the UK
Archax, the UK-based, FCA-regulated digital asset exchange, broker and custodian, has launched its custody service. Targeted at professional investors and institutions, the solution provides custody for a broad range of digital assets – from cryptocurrencies to NFTs to digital securities – as well as traditional securities and client cash. Archax is providing the service in…
IQ-EQ appoints European compliance chief
IQ-EQ, the Luxembourg-based administrator, has appointed Philip Hanssens as head of risk and compliance for Continental Europe. He joins IQ-EQ from Fidelity International, where he was responsible for leading the European compliance advisory team and overseeing the delivery of advisory services across EMEA and Latin America as chief compliance officer, Europe.
Marktlink selects Accelex
Accelex, a UK-based SaaS platform specialising in alternative investment data acquisition, reporting and analytics, has been selected by Marktlink Investment Partners (MIP) as its preferred solution to help automate the data strategy for its private funds portfolio. MIP, a Dutch-based independent manager in the private equity and venture capital fund sectors for retail investors, will…
JTC confirms Blackburn as head of ICS
JTC, the C.I.-based administrator, has appointed Dean Blackburn as group head of institutional client services (ICS). ICS provides fund and corporate services to institutional clients, supported by a global team of over 900 people, across sixteen offices in nine jurisdictions. Blackburn joined JTC in 2019.
FINBOURNE raises GBP30m
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.
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.