Citi and Fidelity International have run a PoC of an on-chain money market fund with a digital foreign exchange swap solution which delivers real-time settlement. This on-chain solution could enable investors to conduct seamless and real-time settlement of multi-asset positions in different currencies. The collaboration is under the aegis of Project Guardian, a Singapore-based collaboration…
Month: November 2024
Thomas Miller deploys ALTO
Thomas Miller Investment, a UK-based manager, has selected Amundi Technology, the provider of investment management technology and solutions, and its ALTO Investment platform, to streamline its operating model and consolidate its investment management systems. The ALTO platform encompasses a range of components, including portfolio analysis, data management, trading, cash management, investment compliance, performance contribution, reporting,…
Johnson Investment Counsel expands with Ultimus
Johnson Investment Counsel has appointed Ultimus Fund Distributors, a division of Ultimus Fund Solutions, to deploy Ultimus’ distribution services to support growth, improve efficiencies, and increase accessibility to its funds. Ultimus already provides fund accounting, financial reporting, and transfer agency. Johnson Investment Counsel, an independent advisory firm managing >USD20bn, has selected Ultimus Fund Distributors, LLC…
Allvue launches platform for administrators
Allvue Systems, a U.S.-based provider of technology solutions for alternative asset managers and administrators, has launched Fund Administration Essentials, a suite of technology solutions purpose-built for emerging fund administrators to enhance operational efficiency and optimise the investor experience. The solution is tailored for emerging fund administrators to provide support for GPs and their investors. Fund…