Citco, the asset servicer to the alternative investment sector, has launched Citco Japan Co KK. Citco has >USD2trn AuA and offers a suite of middle-office and back-office services to alternative investment companies. Citco Japan Co KK will operate as Citco’s local operational headquarters in the region. The team will offer fund accounting, fund operations and…
Richard
Fulcrum launches second LTAF with Waystone
11NOV24: The UK’s FCA has approved the launch of Fulcrum’s first commingled long term asset fund (LTAF), WS Fulcrum Diversified Private Markets LTAF. Waystone, the provider of specialist services to the asset management sector, will act as the Authorised Corporate Director. This follows the launch of Fulcrum’s first LTAF earlier this year, for a single…
Centralis to acquire Admina
Centralis Group, a Luxembourg-based alternative asset and corporate services provider, is to acquire Admina Fund Services. Admina is a provider of fund administration and corporate services based in Guernsey, C.I. Admina provides a full suite of integrated fund administration and company secretarial services to regulated and unregulated, listed and unlisted closed-ended limited partnerships, companies, trusts…
CBAM upgrades with SEI
Close Brothers Asset Management and SEI have formed a partnership to support CBAM’s operational transformation and growth. CBAM will adopt the SEI Wealth Platform (SWP) and SEI Data Cloud, which provides access to real-time data and analytics to leverage a fully integrated technology and operational outsourcing solution. A number of CBAM employees will also join…
Taskize adds to management team
Taskize, the investment ops collaboration platform and Euroclear-owned fintech, has appointed Helen Adair as global head of business development and Alfred Escobedo as head of business development for the LATAM region. Adair was most recently at Morgan Stanley, where she was global head of client onboarding having previously spent over 12 years at J.P. Morgan.…
Apex takes stake in Capcade
Apex has partnered with Capcade, a fintech in the private markets sector, which aims to redefine client engagement in financial services. This alliance is coupled with Apex taking an equity investment in Capcade.
Know Your Number!
Kevin Buschhold, patient advocate, Prostate Cancer UK, aims to raise awareness for men who may be oblivious to the risk of prostate cancer. Every year 12,500 men die from prostate cancer. Yet, if detected early, the outcome could be very different, with a good chance of getting treatment and surviving this silent killer. Prostate cancer…
Citi & Fidelity conclude PoC
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…
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…