Financial Recovery Technologies, a global securities class actions recovery provider, has formed a partnership with Ultimus Fund Solutions, enabling Ultimus to offer its fund administration and middle office investment management clients access to FRT’s class action monitoring, filing, and recovery solutions while leveraging Ultimus’ platform for data onboarding and ongoing support.
Category: Product
ID-Pal launches reusable KYC solution
ID-Pal, the fintech specialising in AI-powered identity verification, has launched ID-Pal Once, a reusable KYC solution that enables users to simplify operational processes, control costs and focus on growth. The solution allows verified identities of trusted customers to be securely reused, so returning users complete verification up to five times faster.
Euroclear launches SIU initiative
Euroclear has launched a plan to establish a single market for post-trade services across asset classes. This initiative, aimed at enhancing the efficiency and effectiveness of the European market infrastructure, will support the Savings and Investments Union‘s (SIU). Euroclear is committing to provide a single point of access to all 27 member states across all…
Goji & Endava join forces
Endava, a business transformation group, has formed a partnership with Goji, the Euroclear-owned digital solutions provider for private funds. Goji and Endava have developed an Accelerated Integration Gateway Framework, an out-of-the-box, scalable, adaptable solution that decreases time to market and maximises return on investment, helping Goji and its clients to experience and deliver value more…
Clearstream partners with Carlyle
Clearstream, Deutsche Börse Group’s post-trade services provider, has established a collaboration with Carlyle, the global investment firm, to broaden the distribution of Carlyle’s open-ended private markets solutions to wealth management clients. This partnership will leverage Clearstream Fund Services’ distribution platform, simplifying access to private market funds for a wider investor base. It aims to improve…
UC partners with State Street
UC Investments, the investment arm of the University of California, and State Street have formed an initiative to give individuals access to institutional-grade investment tools and opportunities. The initiative will combine the latest investment technologies and artificial intelligence to give individuals direct access to a broader range of investment opportunities, including private markets. It also…
FundBank wins Lux licence
FundBank (Europe) S.A. is now live in Luxembourg, fully licensed by the European Central Bank and regulated by the CSSF. This authorisation as a full credit institution enables FundBank to serve clients across the European Union, delivering a compliant, cross-border banking infrastructure to the alternative investment fund (AIF) industry. FundBank supports the full lifecycle of…
Citco expands PM offering
Citco has expanded its private markets offering to include services for U.S. SEC registered entities accepting retail investors. Citco has appointed Chris Shaw to lead the retail alternatives division. He joins from SS&C where he played a key role in the creation of its retail alternatives transfer agency. The expansion will provide services including fund…
CACEIS wins further crypto approval
CACEIS Bank has been authorised by the ACPR, France’s banking and insurance regulator, following the advice of the AMF, France’s financial sector regulator, to provide crypto-asset services in accordance with the procedures laid out in Article 60 of MiCA, the European Markets in Crypto-Assets regulation. This is a major step in the roll-out of the…
GemCap and M Square partner
GemCap has formed a partnership with MC Square, which will offer clients with products and fund domiciles in Dublin and Luxembourg. With the combined in-house regulatory and operational expertise across both jurisdictions, clients can structure and manage UCITS, AIFs, ICAVs, RAIFs, inter alia. MC Square Group, the holding company of MC Square S.A., a third-party…