Kneip, a provider of fund-level data management and regulatory reporting, and Next Gate Tech, a fintech specialising in portfolio-level data management and analytics, have formed a commercial partnership to bring together both companies’ expertise in fund data management. Both businesses are based in Luxembourg. Earlier this year Kneip was acquired by Deutsche Börse.
Category: Product
73 Strings partners with A&M
73 Strings and Alvarez & Marsal (A&M) have signed a partner program agreement to deliver 73 Strings’ portfolio monitoring and valuation solutions to their mutual clients. Collaborating on shared international clients, the firms will jointly support the configuration and implementation of 73 Strings’ platform. 73 Strings digitises alternative investments by combining its corporate finance and…
SimCorp partners with AccessFintech
SimCorp, a Europe-based provider of SaaS investment management software, and AccessFintech, the data normalisation and workflow network, have established a partnership that will connect AccessFintech’s Synergy Network with SimCorp’s Asset Service Hub. This collaboration will enable SimCorp’s clients to better access and visualise data through aggregation and normalisation. AccessFintech’s Synergy Network improves data quality and…
Zodia expands token coverage
Zodia Custody, the UK-based digital asset custodian, has expanded its token coverage with the addition of Uniswap (UNI), USD Coin (USDC), and Wrapped Bitcoin (WBTC). Zodia is a service provided by Standard Chartered, with Northern Trust as a co-investor.
State Street launches new P2P platform
State Street has launched a new peer-to-peer financing platform, Venturi, specifically designed to connect buy-side firms with new sources of liquidity in the global repo space. Venturi, built through a partnership with FinOptSys, a fintech focused on the securities financing market, supports trade negotiations and enhances trade settlement and collateral management, allowing traders to better…
Saphyre extends platform to cover legal agreements
Saphyre‘s pre-trade and post-trade platform, which is used by some of the world’s leading financial institutions for account onboarding and maintenance, can now digitally track and permit parties to negotiate legal agreements on the platform. The legal module within Saphyre is agreement type-agnostic (ISDA, GMRA, MSFTA, MRA, etc.) and has templates to digitally structure ISDAs…
Northern Trust and EDS launch ESG workflow solution
Northern Trust and Equity Data Science, in which the bank has a stake, have launched an ESG workflow solution that will allow investors to access and share ESG information. The data aggregation tool leverages data science to increase transparency while enhancing efficiency and collaboration amongst investment teams.
Northern Trust hires AsPac innovation head
Northern Trust has hired Alvin Chia as head of digital assets innovation for Asia Pacific. Based in Singapore, Chia is responsible for delivering innovations aligned to Northern Trust’s digital asset strategy to clients across the Asia-Pacific region. Chia reports to Justin Chapman, global head of digital assets and financial markets. Chia was most recently the…
CACEIS adds Clarity AI to app store
CACEIS, the European asset servicing group, has added Clarity AI to its app store, Connect Store. Clarity AI analyses more than 50,000 companies and 300,000 funds, 198 countries and 188 local governments, using machine learning and big data to deliver insights on sustainability. Clarity AI provides direct access to a broad universe of ESG, climate,…
CRD collaborates with DirectBooks
Charles River Development, a State Street company, is collaborating with DirectBooks, enabling investment firms to manage primary issuance workflows in the Charles River Investment Solution (Charles River IMS). DirectBooks optimises primary issuance of fixed income securities by streamlining communications workflows between underwriters and institutional investors. Currently, 22 underwriters and over 250 institutional investors, including 17…