SS&C has appointed Karen Geiger and Steve Leivent as co-heads of SS&C Advent. Geiger will manage the SS&C Advent asset management and alternatives solutions portfolio. She most recently led a team of 300 technologists as chief development officer. Leivent will manage SS&C Advent’s advisory focused business which includes more than 2,000 clients using several solutions,…
Category: FinTech
Archer hires Diana Russillo as director of product & technology
Archer, a U.S.-based technology services provider to the asset management industry, has hired Diana Russillo in a newly created role as director of product & technology. Joining from Cartesian, Russillo will work with asset managers to accelerate technology-related aspects of their growth plans, manage select testing aspects of Archer’s continuous-deployment technology process, and assist clients…
Sudrania launches admin platform for digital assets
Sudrania Fund Services has launched Seamless Crypto, its fund administration platform designed specifically to handle the unique operational needs of digital assets. Seamless Crypto allows investment managers to fully outsource their fund administration and back-office operations via a cloud-based solution, and provides all the functionality needed to manage cryptocurrency funds.
BNY Mellon launches new data & analytics solutions
BNY Mellon has launched three new data and analytics solutions offerings: Data Vault is a cloud-based data and analytics platform that supports the rapid onboarding of data to provide greater flexibility and accelerate client innovation and discovery. Combining this with a scalable, machine-learning approach to data quality, users can more quickly and easily interact with…
NES to administer OZ for Four Points Funding in Colorado
NES Financial, the Silicon Valley administrator that was recently acquired by JTC, has contracted to provide its purpose-built opportunity zone fund administration solution to Four Points Funding LLC, an OZ fund manager and fund sponsor with real estate and operating business investment offerings throughout rural Colorado.
BP2S uses NLG to generate client reports
BNP Paribas Securities Services is using natural language generation (NLG) to help clients with monitoring and oversight of their operations. Along with traditional monthly statistics reports providing in-depth data on their operations, BP2S clients will receive analysis and commentaries on their assets under custody, settlement, corporate actions and income activities. This one-page executive summary, written…
BNY Mellon to build out FX presence in Singapore
BNY Mellon plans to build a high-performance FX pricing and trading engine in partnership with the Monetary Authority of Singapore. The bank will establish new low-latency electronic FX infrastructure in Singapore, helping to improve execution quality and price discovery for clients initially in spot, and subsequently in deliverable and non-deliverable forwards and swaps. This follows…
BNY Mellon to service Legg Mason’s first semi-transparent ETF
Legg Mason and its affiliate, ClearBridge Investments, have launched Legg Mason’s first exchange-traded fund using the semi-transparent technology of Precidian Investments LLC, ActiveShares. BNY Mellon has been appointed to provide its new end-to-end digital solution to support the ETF.
Pierre Mottion joins Cleastream as head of DLT
Pierre Mottion has joined Clearstream as head of DLT and strategy within the company’s investment fund services business, reporting to Bernard Tancré. He was previously global head of transfer agency and fund distribution product at BNP Paribas Securities Services. Mottion will work closely with FundsDLT, the start-up distribution platform in which Clearstream has a stake.
HSS in India launches DerivEasy for F&O trade management
HSBC Securities Services in India has launched DerivEasy, a web platform that will allow HSBC’s institutional investors to get access to near real-time information on their futures and options trades. DerivEasy aims to simplify the trade validation process, whilst supporting investors in monitoring of margin requirements on existing and prospective trades, collateral utilisation, and position…