European Fund Administration, which is due to be acquired by Universal Investment, has been appointed by Link Fund Solutions (Luxembourg) S.A. to provide middle office services covering trade management services for transferable securities and for financial derivative instruments. This new mandate broadens the longstanding relationship between EFA and Link Fund Solutions (Luxembourg) S.A., a third-party…
Category: Mandates
SS&C signs with Napier
SS&C has signed a deal with Napier, the financial crime prevention fintech, for Napier’s AI-enhanced financial crime risk management platform, Napier Continuum, which includes client screening and transaction monitoring tools. Napier Continuum enables large-scale screening and re-screening capabilities, and has been designed to scale alongside increasing compliance obligations as the business grows.
Bronte appoints Clearwater
Bronte Capital, an Australia-based long/short fund manager, has selected Clearwater Analytics for investment data management, reporting, and portfolio analytics. Bronte Capital will leverage the Clearwater platform with multi-asset-class, daily aggregation, reconciliation, and book-of-record reporting.
LemonEdge wins new mandate
LemonEdge, the private markets platform provider, has signed Fairway as a new client. Fairway is a C.I.-headquartered funds, trust and pensions services provider, established in 2000.
Equity Trustees wins ETF Sharia mandate
Equity Trustees, the Australia-based administrator, has been appointed responsible entity for two exchange-traded Sharia-compliant funds spanning equity and property. They are believed to be the first Sharia-compliant ETFs on the ASX. The ETFs are listed versions of two managed funds launched earlier this year by Australian-based investment manager, Hejaz Asset Management.
CIBC Mellon wins First Nations mandate
CIBC Mellon has been selected to provide asset servicing to the First Nations Market Housing Fund (FNMHF), including institutional accounting, custody services, and investment information data access via the enterprise NEXEN platform. FNMHF was developed with input from First Nations communities and organisations across Canada to support financing arrangements for housing on reserve and settlement…
Herakles appoints Apex
Herakles Investment Partners, a U.S.-based private equity investor, has appointed Apex to provide fund administration services. Herakles is focused on investing in both private and public upper mid-market Sub-Saharan African companies.
JTC Americas to support new EB-5 fund
Western Energy Regional Center (WERC) has appointed JTC Americas to provide services to support its second EB-5 offering, Western Energy Opportunities II. Since its inception in 2016, WERC has provided a platform for participants in the U.S. Immigrant Investor Program under the Employment-Based Preference 5 (EB-5) program, with a focus on oil and gas projects.…
Franklin Templeton to deploy Saphyre
Franklin Templeton has agreed to use the Saphyre platform for custodial and broker fund onboardings, as well as maintenance. Saphyre is a U.S.-based fintech company using AI technology to solve pre-trade setups and post-trade issues.
BNP Paribas to support Fineco’s ETF range
BNP Paribas has been selected by Fineco Asset Management (FAM) to provide a full range of banking services for its equities and fixed income ETFs listed on the Italian Stock Exchange. FAM, an Irish UCITS management company wholly owned by Italian bank FinecoBank S.p.A., has entered the ETF market with a range of Ireland-domiciled funds.…