Northern Trust has launched a new version of its Rec Dashboard, a workflow tool that provides a real-time view of breaks and reconciliations in trade activity between asset managers and other institutions. Rec Dashboard is hosted within Omnium, a Northern Trust middle- and back-office technology platform for fund administration. The enhanced tool is available to…
Category: Product
Sanne launches Dutch loan agency service
Sanne, the UK-listed fund and corporate services provider, has launched a loan agency service in the Netherlands. It augments Sanne’s existing loan agency business operating in London, Madrid, and New York.
Apex launches SPAC outsourced COO solution
Apex Group has launched an outsourced Special Purpose Acquisition Company COO solution through its subsidiary, Throgmorton US. Daniel Strauss, CEO of GlassBridge Enterprises Inc., a holding company focused on asset management opportunities, will be joining Apex in an advisory capacity to help deliver the solution.
CACEIS launches UK carbon metrics reporting service
CACEIS has launched a carbon metrics reporting tool in the UK. This will provide UK pension schemes with a platform to align themselves with the Task Force on Climate-Related Financial Disclosures reporting requirements. The new carbon metrics look-through reporting tool enables pension schemes to assess their portfolios’ carbon footprint and meet the metrics and targets…
Investics to offer S-Ray ESG datasets
Investics Data Services, the Boston-based investment data & analytics firm founded by Bill Pryor, has reached an agreement with Arabesque S-Ray to provide a suite of Arabesque S-Ray ESG data through the Investics Cloud Ecosystem (ICE) and Investics DARTS data marketplace. Clients can subscribe to one or more of the various Investics DARTS Arabesque S-Ray…
J.P. Morgan to deliver U.S. securitised products data to Confluence’s Delta platform
Confluence, a technology solutions provider to the worldwide money management industry, and J.P. Morgan have launched a further development in their partnership to deliver a multi-asset portfolio analytics solution. At the start of Q3 2021, Delta, Confluence’s risk and performance solution, will have expanded coverage powered by J.P. Morgan’s proprietary analytics to include U.S. securitised…
Northern Trust launches Omnium Event Manager
Northern Trust has launched Omnium Event Manager, a web-based workflow tool designed to provide asset managers and asset owners with a consolidated view of corporate action and dividend events affecting fund portfolios, enabling them to coordinate with brokers and custodians to respond effectively to the voluntary events. The Event Manager platform leverages global Omnium services…
BNP Paribas opens sub-custody business in Chile
BNP Paribas has established a sub-custody business in Chile, adding to existing Latin American operations in Brazil, Colombia and Peru. As part of the deal, BNP Paribas has become a direct participant in Chile’s central securities depository, Depósito Central de Valores. BNP Paribas’ proprietary network has now expanded to 27 markets.
U.S. Bank launches services for SPACs
U.S. Bank has launched a range of services for sponsors of special purpose acquisition companies (SPACs), including: Establishing a special-purpose segregated trust account to hold SPAC proceeds; Holding, investing and disbursing of funds in accordance with a trust agreement; Providing statements and secure online reporting of account holdings and activity; Maintaining investment books and records;…
Apex launches Australian tax services through Throgmorton
Apex has launched tax services in Australia, delivered via subsidiary Throgmorton. Throgmorton Australia Pty Ltd. is now a registered tax agent & ASIC agent, providing locally delivered tax compliance services in addition to accounting, HR, payroll, and company secretarial services to Australian clients.