State Street Corporation (NYSE: STT) today announced it has entered into a new partnership with iCapital Network[1], the financial technology platform setting the industry standard for delivering access and efficiency in alternative investing. Read more »
The Bank of New York Mellon Corporation (“BNY Mellon”) today announced a new suite of oversight and contingent Net Asset Value (NAV) calculation solutions to complement its existing fund accounting capabilities for clients. These new services are designed to drive greater transparency, efficiency and risk management for asset managers and asset owners. BNY Mellon’s new NAV offerings, which are platform and provider agnostic, set a new industry... more Read more »
ING announced the spin-out of Katana, the advanced analytics platform that supports portfolio managers in making faster and sharper investment decisions. To enable further growth and to pave the way for an independent future for Katana, ING Ventures will invest a further £1.5m alongside other investors, as part of a £3 million funding round. Katana Labs ltd has incorporated in the UK and has its offices in London. Read more »
SimCorp grows its community of North American pension plans, with the addition of Pennsylvania Public School Employees’ Retirement System… Read more »
Today, Ripple is thrilled to announce $200 million in Series C funding—an investment that marks a record year for the business and further proves the value of blockchain technology in improving global payments and the broader utility of the digital asset XRP and the XRP Ledger. The Series C was led by Tetragon with participation from SBI Holdings and Route 66 Ventures. These notable investors not only underscore Ripple’s long-term potential, but... more Read more »
Foresight Group (“Foresight”) is pleased to announce a £2.0 million investment as part of a £3.3 million round into award-winning novel thin film ultrasound technology company Novosound Ltd (“Novosound” or the “Company”). The Foresight Williams Technology EIS Fund led the round, investing £1.5 million alongside £500,000 from the Foresight Scottish Growth Fund, financed by the Scottish Growth Scheme through a combination of Scottish Government... more Read more »
The Bank of New York Mellon Corporation (“BNY Mellon”) and SimCorp today announced a collaboration that connects BNY Mellon’s range of custody capabilities—including settlement, safekeeping, and cash and securities services—with SimCorp’s integrated front-to-back investment management system, SimCorp Dimension®. The new connectivity provides mutual clients globally with enhanced operational efficiency and transparency in core investment... more Read more »
DriveWealth, LLC, a U.S. based leader in global digital trading technology, today announced it has partnered with SV Capital in India to enable fintech firm Stockal and HDFC Securities – one of the largest stock brokerage firms in India – to increase accessibility to the U.S. Read more »
Natixis Investment Managers, one of the world’s leading asset management firms, has selected ALPIMA for web-based portfolio design, optimisation and visualisation within its Solutions group. Offered as an enhanced version of its cloud-based enterprise service, the ALPIMA platform will be delivered on a white-label basis and configured specifically to meet Natixis Investment Managers requirements. Read more »
Wealth management fintech firm JHC Systems (JHC) today announces that Finzo, a New Zealand-based integrated financial solutions provider, will be implementing JHC Neon (Neon). This means Finzo will be able to consolidate portfolios across all accounts to give a 360-degree view of client positions. This is JHC’s first New Zealand-based client, secured through its partnership with MyFiduciary, and represents the first FNZ platform client to... more Read more »
InvestCloud, a platform for the development of financial digital solutions, pre-integrated into the cloud with $2 trillion+ in assets, has released Open CRM, an enhanced customer relationship management system. Open CRM was created specifically for use in the investment management industry. The company also announced Integrated CRM, designed to overlay a client’s existing systems while leveraging the capabilities of the full version. Read more »
MUFG Bank today announced it has signed an agreement with the Saudi Arabian General Investment Authority (SAGIA) to promote Japanese investment in the Kingdom of Saudi Arabia. Read more »
Objectway, a leader in the Digital Wealth, Investment & Asset Management sector, and vdk bank announced today that they agreed to implement two components of Objectway’s WealthTech Suite: Portfolio Manager will provide portfolio management, branch-based advisory and execution-only capabilities; whilst Investor Portal will enable web apps for end-clients for self-directed investment management at a later stage. Read more »
Objectway achieved recognition from Celent, the renowned research and advisory firm focused on financial services technology, as a key player in the report Client Reporting: the shift in delivery from low-value data to high-value information. Read more »
Maven Capital Partners (“Maven”), one of the UK’s most active SME finance providers, has led a £750,000 equity investment into innovative ecommerce platform, Aero Commerce Ltd (“Aero”). Read more »
