Eleven, the investor operations platform for private fund managers and fund administrators, has launched Integrated Payments, a system that automates capital calls and distributions. Integrated Payments is now available on the Eleven platform for fund administrators and investment firms operating across private equity, venture capital, real estate, hedge funds, and other alternative asset classes.
Category: Product
State Street to launch tokenised fund service
State Street intends to deliver a tokenised fund servicing capability from Luxembourg by the end of 2026. State Street Investment Management is expected to be an early adopter of the service. The capability will be delivered through State Street’s digital asset platform.
Gen II licensed in Guernsey
Gen II Fund Services, the U.S.-based global private capital fund administrator with USD1.5trn AuA, has been licensed by the Guernsey Financial Services Commission to provide fund administration services for Guernsey-domiciled private market structures.
NTRS expands with Saphyre
Northern Trust has expanded its capabilities to support structured, rules-based workflows across the entire account lifecycle for investment operations outsourcing (IOO) clients. The enhanced offering builds on Northern Trust’s collaboration with Saphyre, a fintech company that facilitates account transitions to help clients more efficiently manage their complex middle-office operational events. The solution allows Northern Trust’s…
CIBCM signs with Appian
CIBC Mellon has established a universal enterprise master licence with Appian, a fintech that provides process automation technology, to support AI-powered process automation and product development.
NTRS integrates with Canton Network
Northern Trust has entered into an agreement with Digital Asset Holdings to support the development of custody capabilities for tokenised financial assets. As part of this agreement, Northern Trust will integrate with Canton Network’s infrastructure to develop and deploy applications that bridge digital and traditional markets, supporting institutional grade custody and asset servicing workflows for…
Apex teams up with Global Tax Recovery
Apex has formed a partnership with Global Tax Recovery, a specialist in recovering excess foreign withholding tax on dividends and interest. Under the partnership, Apex will introduce Global Tax Recovery to its clients as a preferred vendor. FundRock, the Apex-owned Luxembourg operation, will work exclusively with Global Tax Recovery for all withholding tax recovery across…
BNPP extends Auto FX service
BNP Paribas’ securities services business has extended its multi-custodian third-party Automated FX service to continental Europe. La Financière de l’Échiquier, a European asset manager with EUR28bn (USD33bn) AuM, is the first client in France to benefit from the bank’s third-party FX solution, covering all 40 of its French funds.
Sonata One launches investor care service
Sonata One, the fintech focused on private markets, has launched Instant Investor Care, a service that combines technology with human expertise to support private capital investors across the fund lifecycle. Features include multi-channel support via live chat, voice and video call, fully embedded in the Sonata One platform, and 24/5 access to its client service…
Apex collaborates with Zodia
Apex has formed a collaboration between European Depositary Bank, an Apex company, and Zodia Custody, the institution-first digital assets platform with shareholders and investors including Standard Chartered, Northern Trust, SBI Holdings, National Australia Bank, and Emirates NBD. The initiative, which is subject to the relevant regulatory approvals for EDB across Europe, will support the development…