Santander Acquires Tresmares Capital to Boost Growth in Alternative Asset Management
- 1 week 1 day ago
- Asset Management
Santander has obtained regulatory authorization to acquire 89.9% of Tresmares Capital, an alternative financing and private equity platform founded in 2020 that offers financial solutions to high-growth SMEs and private equity managers throughout Europe. The acquisition of this platform is one of the pillars of the bank's growth strategy in alternative asset management, promoting private debt and funds of funds verticals.
Coinhako Joins TP ICAP’s Wholesale Cryptoasset Exchange Fusion Digital Assets
- 1 week 1 day ago
- Asset Management
Coinhako, (a leading Singapore-based firm a leading digital asset platform in Singapore) today announces it will be joining Fusion Digital Assets, TP ICAP's FCA registered UK-based wholesale spot cryptoasset exchange.
Broadridge Recognized for Industry-Leading Asset Management Capabilities
- 2 weeks 20 hours ago
- Asset Management
Broadridge Financial Solutions, Inc. (NYSE:BR) announces its recognition in the recently released Chartis Research Buyside Platforms 2024 Rankings, earning two category awards, including the prestigious Outsourced Operations and Managed Services (Cross-asset, Lifecycle, and Operations) honors.
Cardo AI & Encina Lender Finance: Transforming Asset-Based Finance for Originators and Investors
- 3 weeks 5 days ago
- Asset Management
Cardo AI and Encina Lender Finance, LLC have created a partnership to revolutionize the asset-based finance (ABF) market, delivering faster, more efficient funding solutions for originators and greater capital deployment opportunities for institutional investors (LPs). As the ABF market continues to grow, the collaboration between Cardo AI and ELF will set new industry standards, making structured credit more accessible, data-driven, and... more
Small Businesses Set to Struggle in Twin-Speed Economy
- 1 month 4 weeks ago
- Asset Management
As UK businesses prepare to implement the tax changes announced in the October Budget, new research from Simply Asset Finance reveals a stark divide in business sentiment and their prospects for growth.
Standard Chartered Granted Licence in Luxembourg to Offer Digital Asset Custody Services
- 1 month 4 weeks ago
- Asset Management
Standard Chartered today announced the opening of its new entity in Luxembourg, to act as its European Union (EU) regulatory entry point for the provision of crypto and digital asset custody services to EU clients, following implementation of the Markets in Crypto Assets (MiCA) Regulation.
British Business Bank Increases Commitment to Simply Asset Finance to Unlock Over £175M for Smaller UK Businesses
- 3 months 1 week ago
- Asset Management
The British Business Bank has announced an increase to its ENABLE Funding commitment to Simply Asset Finance (“Simply”), one of the UK’s largest and fastest growing independent asset finance providers. This increased facility will allow Simply to provide more than £175m of finance to smaller businesses across the UK.
Asset Managers Face An Efficiency Gap With 74% Of Firms Losing An Investor Due To Delayed And Inefficient Investor Onboarding
- 3 months 3 weeks ago
- Asset Management
Fenergo, the leading provider of AI-powered solutions for Know Your Customer (KYC), Anti-money Laundering (AML) transaction monitoring and Client Lifecycle Management (CLM), today released its report 2024 The State of KYC: Essential Insights for Asset Managers.
Swift, UBS Asset Management, and Chainlink Successfully Complete Innovative Pilot to Bridge Tokenized Assets with Existing Payment Systems
- 4 months 6 days ago
- Asset Management
Swift, UBS Asset Management, and Chainlink have successfully completed a pilot for settling tokenized fund subscriptions and redemptions using the Swift network. This initiative would enable digital assets transactions to settle with fiat payment systems across more than 11,500 financial institutions, across over 200 countries and territories.
CBI Partners with Zumo to Advance Innovation in Sustainability of Digital Assets
- 4 months 1 week ago
- Asset Management
Commercial Bank International (CBI), a leading UAE bank, has announced the signing of a Memorandum of Understanding (MOU) with Zumo, an award-winning digital-assets-as-a-service platform registered with the UK Financial Conduct Authority (FCA). The partnership will enable both parties to explore the tracking of digital asset sustainability, marking a significant step in CBI’s commitment to furthering innovation and offering cutting-edge digital... more
Hashnote Brings USYC to the Canton Network to Offer the First Tokenized Money Market Fund with Built-In Privacy
- 4 months 3 weeks ago
- Asset Management
Hashnote, the on-chain first digital asset manager backed by DRW and Cumberland, and Canton Network, launched by Digital Asset in collaboration with more than 30 financial industry leaders, announce that Hashnote’s yield-bearing US Yield Coin (USYC) is now available on the Canton Network. USYC on Canton benefits from the network’s unique privacy properties, enabling USYC holders to hold and deliver collateral across the Canton Network without... more
Murex and Kaiko Partner to Enhance Real-Time Portfolio Management for Digital Assets
- 5 months 3 days ago
- Asset Management
Murex, the global leader in trading, risk management, and processing solutions for capital markets, has announced a strategic partnership with leading crypto sector data provider Kaiko. This collaboration integrates Kaiko's comprehensive digital asset data into Murex's MX.3 platform and enhances Murex’s real-time portfolio management capabilities.
Powered by Triple-A, DCS Card Centre Customers Can Now Top Up DCS Virtual Accounts Using Digital Assets
- 5 months 3 weeks ago
- Asset Management
Triple-A, a licensed provider of digital currency payment solutions, today announced its partnership with DCS Card Centre ("DCS") that enables virtual account top-ups via digital assets for DCS cardmembers. Now available via the DCS Cards App, the feature provides an option for DCS cardmembers to top up their DCS virtual accounts, named D-Vault, using digital assets.
Broadridge Redefines Global Asset Servicing, Introduces Financial Industry’s First Modular Platform to Unify Multiple Functions
- 5 months 3 weeks ago
- Asset Management
To redefine the financial industry's conventional approach to asset servicing (the range of administrative and operational functions that support the management and maintenance of investment assets), global Fintech leader Broadridge Financial Solutions Inc. is introducing a ground-breaking integration of several asset servicing functions into a single, real-time, multi-currency platform across capital markets, wealth management, asset management... more
Standard Chartered Launches Digital Asset Custody Service in the UAE
- 6 months 23 hours ago
- Asset Management
Standard Chartered today announced its highly anticipated digital asset custody service in the UAE. The groundbreaking offering has been granted a licence by the Dubai Financial Services Authority (DFSA) within the Dubai International Financial Centre (DIFC), a leading global financial hub, following the memorandum of understanding (MoU) signed in May 20231.