Saphyre, the U.S.-based fintech company using patent-approved AI technology to solve pre-trade setups and post-trade issues, has signed Legal & General Investment Management as a client. LGIM will deploy Saphyre’s platform for the onboarding and maintenance of its funds, as well as legal contract and compliance management with its brokers.
Category: Mandates
Aviva outsources to BNY Mellon
Aviva Investors, the global asset management business of Aviva plc, has appointed BNY Mellon to provide a fully integrated operating model for certain front-office support services, as well as middle- and back-office activities. BNY Mellon will provide a comprehensive solution which encompasses asset services including custody, fund administration and depositary, as well as more advanced…
Yomoni outsources to SGSS
SGSS has been chosen by Yomoni, a France-based investment management company, for its I-DEAL execution and trading solution, a fully outsourced trading desk that covers the entire value chain for all asset classes and markets. Founded in 2015 and regulated by the AMF, Yomoni offers online savings management for individuals, with EUR687m (USD660m) AuM. Alexis…
IQ-EQ supports French VC start-up
As part of its Launchpad initiative, IQ-EQ is supporting Fost Capital, a start-up French manager, with the launch of its maiden fund. Fost Capital is a female-led venture capital fund focusing on regulated businesses in areas such as fintech, legaltech and insurtech. Launchpad aims to rebalance the gender imbalance in the global asset management industry…
UK’s Nest extends TCA service from CACEIS
CACEIS has extended its partnership with Nest, the UK workplace pension scheme representing more than GBP25bn AuM (USD27bn), to provide an end-to-end cost transparency and benchmarking service. Previously, CACEIS had supported Nest in identifying transaction costs across its range of managers and funds. This three-year partnership has now extended to CACEIS providing an end-to-end cost…
3iQ partners with Coinbase and Tetra Trust
3iQ Digital Asset Management has joined forces with Coinbase and Tetra Trust Company in an effort to expand the exchange-traded product ecosystem for digital assets in Canada and generate further interest from the investment community. As part of the agreement, Coinbase and Tetra will act as custodians for 3iQ’s ETPs, including the 3iQ CoinShares Bitcoin…
JTC supports new RE fund
JTC has been appointed to provide fund administration services for Avistone’s Strategic Fund I. Founded in 2013, Avistone is a commercial real estate investment firm specialising in the acquisition and operation of multi-tenant industrial and hotel properties. To date, Avistone has acquired and managed more than 4m square feet of flex/industrial properties and more than…
Suntera, Carey Olsen support new TNT JPF
Carey Olsen and Suntera Global, a C.I.-based administrator, have supported TNT Global Capital Pte. Ltd (TNT), a Singapore regulated asset management firm, with the launch of its latest fintech-focused fund, Volcano Investment Limited. Established as a Jersey Private Fund, Volcano Investment recently held its first close and has a fundraising target of USD100m. The fund’s…
SGSS expands crypto services
Société Générale Securities Services has expanded its range of services for asset management companies wishing to develop professional funds based on crypto currencies. SGSS now offers fund custody, valuation and liability management services. SGSS’s new service has been adopted by Arquant Capital SAS. Arquant, licensed by AMF, is launching a range of specialised professional funds…
Apex wins digital asset fund admin mandate
Apex has been appointed by GSR Capital to provide fund administration services. GSR Capital is the investment management arm of the GSR group of companies, a digital asset trading business, which has been operating since 2013. Founded in 2021, GSR Capital leverages GSR’s broader expertise in digital assets, execution and liquidity to research and build…