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…
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3EDGE selects SEI for ETF launches
3EDGE Asset Management has selected SEI’s Advisors’ Inner Circle Fund (AIC) series trust as its operational platform to launch four new NYSE-listed ETFs. AIC recently reached USD100bn in net assets, supporting 47 clients and 128 funds.
SimCorp appoints MEA head
SimCorp, the Deutsche Börse-owned fintech, has appointed Mourad Essofi as head of Middle East and Africa. SimCorp has regional offices in Abu Dhabi, Dubai and Riyadh. Essofi joined SimCorp following its merger with Axioma in 2024.
Resona expands with BBH
BBH has expanded its relationship with Resona Asset Management Co. Ltd., an investment management firm based in Japan, to include InfoFX, BBH’s automated third-party FX solution. Resona is the first Japanese investment manager to implement InfoFX, a securities-based FX solution that enables automated FX order generation with execution netting capability. InfoFX supports FX orders across…
Northern Trust wins UK pension fund
Northern Trust has been appointed by Cadent Gas Pension Trustee Limited as custodian for its public and private assets, as well as for performance and SORP reporting, for its GBP4.6bn (USD6bn) defined benefit scheme.
Southeastern selects Ultimus
Southeastern Asset Management, a value investing firm, has chosen Ultimus’ enterprise solution to service its nearly USD5bn portfolio. Ultimus will provide middle- and back-office services for Southeastern’s registered mutual funds, private funds and institutional SMA portfolios.
Raiven appoints Maples for new fund
Raiven Capital, a technology venture capital firm, has selected Maples Group to provide fund administration services for its new fund, domiciled in the Dubai International Financial Centre. The fund’s target size is USD125m.
Windstream deploys HUB
Windstream Partners, a C-suite outsourced solutions provider, is deploying HUB to automate performance reporting, standardizing factsheet generation, report scheduling, and improving its ability to respond to customised client report requests. HUB automates data preparation and validation, with configurable workflows and dashboards, and direct access to fully governed underlying performance data used in factsheet generation. Windstream…
FIIG appoints Equity Trustees as RE
FIIG Securities, an Australia-based fixed income manager, has appointed Equity Trustees as responsible entity (trustee) of its new fund, the FIIG Monthly Income Fund. FIIG has over 9,000 clients with more than AUD4.5bn AuM.
LemonEdge wins Seneschal mandate
Seneschal, the private equity and real assets fund administrator, has selected LemonEdge, the UK-based fund accounting solution for private markets funds, to build its back-office accounting operations. Seneschal provides fund administration and depository services to private equity and real assets funds. Seneschal currently offers services across UK, Luxembourg and Jersey, C.I.