Allvue Systems, LLC, a fintech provider of alternative investment solutions, has acquired PFA Solutions LLC, a provider of compensation and carried interest software solutions for firms across private equity, private debt and venture capital.
Category: FinTech
Citi launches CSLA in Asia
Citi has struck an innovative deal with Maybank Securities in Singapore, enabling Maybank Securities to facilitate the lending of retail clients’ global equity holdings using Citi’s platform, Citi Securities Lending Access. Maybank Securities will leverage its position in Singapore and its large ASEAN client base to utilise the CSLA platform. Launched in 2021, CSLA combines…
Conway joins SimCorp board
Jeff Conway has joined the board of directors at SimCorp, the Deutsche Börse-owned fintech. Conway spent more than 30 years at State Street, where he was a long-standing member of the firm’s management committee and held positions including head of global delivery and business transformation, as well as CEO for EMEA.
CSC builds FCM team
CSC has expanded its newly combined funds and capital markets (FCM) division with the appointments of John Hebert and Venkat Srinivasan. Hebert will extend his current role to incorporate funds, moving from president of global capital markets to become president of the FCM division. Srinivasan has been appointed global head of funds and enterprise capabilities,…
Premier selects PAXUS
Premier Financial Services Limited, a Mauritius-based management and trust company, has selected PAXUS, the Apex-owned fintech, as its platform provider to support its recently launched fund administration business line.
Saphyre links to Aladdin
Saphyre, the fintech company helping to solve pre-trade and post-trade issues, has established a partnership with Aladdin, BlackRock’s technology platform. This collaboration aims to enhance efficiency, reduce operational risks, and simplify workflows for common clients by integrating Saphyre’s onboarding and data management solutions with the Aladdin platform.
DigitalBridge deploys HUB NAV solution
DigitalBridge has selected HUB NAV Oversight, a SaaS solution designed to optimise and automate NAV processes. DigitalBridge, a global alternative asset manager dedicated to investing in digital infrastructure, is using HUB NAV Oversight to enhance and scale its NAV oversight process. UK-based HUB is backed by a consortium that includes State Street.
FAB selects Broadridge
First Abu Dhabi Bank has chosen Broadridge to support the build-out of its global agency securities finance business.
Ocorian and AssetMetrix launch platform
Ocorian, a C.I.-based provider of fund administration, fiduciary, and compliance services, has launched a reporting and analytics technology platform in a partnership with AssetMetrix. The platform equips general partners with tools for live web reporting, workflow management, and data transparency, powered by AssetMetrix, a provider of digital solutions for private markets.
Valu-Trac to deploy Multifonds SaaS
Valu-Trac Investment Management Limited, a UK management firm, has selected Temenos Multifonds SaaS to support the development and growth of its fund administration and transfer agency business. Valu-Trac will replace its in-house, on-premise systems with the full end-to-end solution, Temenos Multifonds Global Accounting (MFGA) and Multifonds Global Investor (MFGI), Valu-Trac, offers a range of services,…