British Business Bank Increases Commitment to Simply Asset Finance to Unlock Over £175M for Smaller UK Businesses
- 1 week 2 days 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 weeks 6 hours 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
- 1 month 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
- 1 month 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
- 1 month 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
- 2 months 2 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
- 2 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
- 2 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
- 3 months 9 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.
BNY to Acquire Archer, a Leading Provider of Managed Account Solutions to the Asset and Wealth Management Industry
- 3 months 6 days ago
- Asset Management
The Bank of New York Mellon Corporation ("BNY"), a global financial services company, today announced BNY has entered into a definitive agreement to acquire Archer Holdco, LLC ("Archer"), a leading technology-enabled service provider of managed account solutions to the asset and wealth management industry.
Avaloq Rolls Out Digital Asset Platform at Zürcher Kantonalbank
- 3 months 6 days ago
- Asset Management
Avaloq has successfully integrated its secure and scalable digital asset platform at one of Switzerland’s leading banks, Zürcher Kantonalbank (ZKB), in partnership with Fireblocks. The bank’s new offering addresses growing market demand for trading and custody of digital assets. Avaloq deployed its digital asset platform for Zürcher Kantonalbank on the cloud and manages it in a software as a service (SaaS) model.
BNP Paribas Enters into Exclusive Negotiations with AXA for the Acquisition of AXA Investment Managers and a long term partnership in Asset Management
- 4 months 1 week ago
- Asset Management
The BNP Paribas Group announces today that it has entered into exclusive negotiations with AXA to acquire 100% of AXA Investment Managers, representing close to €850bn assets under management, together with an agreement for a long-term partnership to manage a large part of AXA’s assets.
Linedata Unveils Global Study Results on AI Integration in Asset Management Firms
- 5 months 4 days ago
- Asset Management
Linedata, a global provider of asset management and credit technology, data, and services, today announces the results of its report, "What’s Next: A closer look at Artificial Intelligence in Asset Management," conducted in collaboration with Global Fund Media, a leader in market trend analysis for hedge fund and private equity professionals.
Moonfare Hits €3B in Assets Under Management as Interest in Private Equity from Individuals Continues to Grow
- 6 months 1 week ago
- Asset Management
Moonfare, the world’s largest digital business-to-consumer platform for private equity investing by assets under management (AUM), has reached €3bn AUM and expects further growth this year as individual investors continue to allocate to the asset class.
Ai for Alpha Integrates New Generative Artificial Intelligence into Its Investment Process
- 9 months 4 weeks ago
- Artificial Intelligence, Asset Management
Ai for Alpha, a leading fintech company specializing in leveraging machine learning for advanced investment strategies, announces the integration of Gen AI into its asset management models.
