IQ-EQ has acquired Agama Group, an independent regulatory compliance firm based in France and Luxembourg. Agama provides regulatory compliance, internal control and operations support to asset managers and funds across private equity, real estate and other asset classes. The firm is made up of four business units, with >50 employees across Paris and Luxembourg.
Category: Product
Waystone opens in Paris
Waystone, the European provider of specialist services to the global asset management industry, has opened its first Paris office, hiring Amin Zeghlache to lead the operation alongside Denis Harty, head of Continental Europe.
BNY hires chief solutions innovation officer
BNY has hired Carolyn Weinberg as chief solutions innovation officer. She joins from BlackRock, where she most recently served as chief product innovation officer and led product innovation, development and commercialization globally.
DTCC launches digital asset solution
DTCC has launched ComposerX, a suite of platforms designed to streamline token creation and settlement with the objective of accelerating digital asset adoption. ComposerX is an end-to-end solution for managing digital assets through their full lifecycle, including issuance, distribution, servicing, and reporting.
BBH simplifies account opening
BBH has connected its API solution with Clearstream to simplify the account opening process for investors. The connection allows account opening requests to be sent electronically between BBH and Clearstream by transmitting investor information over the API, reducing manual processing risks and improving efficiency of the onboarding experience.
Apex partners with Cohesion
Cohesion Asset Management Limited, an India-based investor, is partnering with Apex Invest, Apex Group’s provider of capital raising, advisory, fund distribution and IR and marketing solutions. Apex Invest will promote the flagship Cohesion MK Best Ideas fund across its global network, where it is authorised to do so.
Eurex to launch collateral service
Eurex Clearing plans to launch a collateral mobilisation service, supported by DLT, in Q2 2025. The flexibility, speed and efficiency of collateral transfers should be enhanced by mobilising collateral with the support of the HQLAX digital ledger. The goal is to ensure that securities collateral becomes easily accessible, independent of its physical location, and can…
Fasanara launches tokenised MMF
Fasanara Capital, a London-based institutional investment manager and leader in digital finance with >USD4bn AuM, has launched its first tokenised money market fund, the Fasanara MMF Token (FAST), held on the Polygon PoS public blockchain. Developed in collaboration with Apex Group, Tokeny, Chainlink, Fireblocks, and XBTO, FAST offers investors a faster, more cost-effective, and money…
Osman joins Waystone
Ali Osman has joined Waystone as head of product pricing and leads global pricing strategy. Before joining Waystone he was product manager for institutional investors at BNP Paribas. Prior to this, he held a combination of product solutions, strategy and financial management roles in both the UAE and the UK for Citi’s custody and fund…
Apex appoints CPO
Apex has appointed Zion Hilelly as its new chief product officer, based in New York. Hilelly will lead the transformation of the product team, focusing on driving product innovation, accountability and P&L. Prior to joining Apex, Hilelly was the head of operations and managed services within S&P Global. Hilelly is BlackRock veteran, having worked at…