Steven Scally has joined SS&C in the UK as technology solutions director. He had a brief spell at HSBC after working at BNY Mellon for four years.
Month: September 2022
Fundnode launched in Singapore
Marketnode, the Singapore-based joint venture between Temasek and SGX, has launched Fundnode, an industry-wide investment funds utility using distributed ledger technology. Fundnode will begin by streamlining fund processes, facilitating simplified subscription, redemption, and record-keeping workflows for funds offered to retail investors (Authorised Collective Investment Schemes). Pilot phase participants of Fundnode will include fund distributors, fund…
Apex to acquire Mainspring
Apex has announced plans to acquire Mainspring, a UK-based provider of venture capital fund administration and accounting services. Mainspring provides outsourced administration and accounting services to small and medium-sized venture fund managers in the UK. Mainspring also operates an FCA-regulated custody business for fund managers offering managed account investments such as EIS funds. Mainspring has…