Arcesium, a U.S.-based investment services fintech and administrator, has partnered with State Street Fund Connect, a global trading and analytics platform, to provide mutual clients with a consolidated view of their cash portfolios and a single point of access to multiple markets and fund providers.
With the support of Arcesium’s Treasury Suite and Fund Connect’s industry connectivity, the integration is designed to streamline workflows for the companies’ mutual clients. As a result, users can manage cash and payments within one ecosystem, interact with global digital liquidity networks for short-term investments, and reduce operational overhead. Arcesium’s integration with Fund Connect will also enable clients to access a variety of major money market fund products. These new cash management capabilities will help clients better identify where balances are located across counterparties, accounts, regions, and time zones, to confidently deploy their liquidity quickly and effectively.
Building on a platform developed and tested by investment and technology development firm, the D.E. Shaw group, Arcesium was launched as a joint venture with Blackstone Alternative Asset Management. J.P. Morgan, a client, later joined as the third partner. Arcesium claims to service >USD675bn with a staff of over 1,700.