Financial Recovery Technologies, a global securities class actions recovery provider, has formed a partnership with Ultimus Fund Solutions, enabling Ultimus to offer its fund administration and middle office investment management clients access to FRT’s class action monitoring, filing, and recovery solutions while leveraging Ultimus’ platform for data onboarding and ongoing support.
Category: FinTech
ID-Pal launches reusable KYC solution
ID-Pal, the fintech specialising in AI-powered identity verification, has launched ID-Pal Once, a reusable KYC solution that enables users to simplify operational processes, control costs and focus on growth. The solution allows verified identities of trusted customers to be securely reused, so returning users complete verification up to five times faster.
Goji & Endava join forces
Endava, a business transformation group, has formed a partnership with Goji, the Euroclear-owned digital solutions provider for private funds. Goji and Endava have developed an Accelerated Integration Gateway Framework, an out-of-the-box, scalable, adaptable solution that decreases time to market and maximises return on investment, helping Goji and its clients to experience and deliver value more…
Clearstream partners with Carlyle
Clearstream, Deutsche Börse Group’s post-trade services provider, has established a collaboration with Carlyle, the global investment firm, to broaden the distribution of Carlyle’s open-ended private markets solutions to wealth management clients. This partnership will leverage Clearstream Fund Services’ distribution platform, simplifying access to private market funds for a wider investor base. It aims to improve…
Broadridge to acquire Acolin
Broadridge Financial Solutions has agreed to acquire Acolin, a European provider of cross-border fund distribution and regulatory services. Acolin will extend Broadridge’s services in Europe, expand its regulatory fund communications services to include additional compliance operations, integrate capabilities to support fund creation, and broaden its distribution insights to better support the needs of European and…
LemonEdge appoints president
LemonEdge, the fintech, has appointed David Thomas O’Malley as president. He most recently served as president of Numerated,where he led international expansion and commercial strategy through to its acquisition by Moody’s. Prior to that, he held senior leadership roles at SAP, Oracle and FIS.
NTRS wins IDS mandates in Asia
Northern Trust has been selected by Hong Kong-based asset managers Clean Alpha Partners and Keyrock Capital Management Limited to deliver Investment Data Science solutions through its strategic partnership with Equity Data Science (EDS). Under the mandates, Northern Trust will provide access to EDS’ Research Management System, a workflow solution that integrates real-time quantitative and qualitative…
BBH upgrades InfoAction
BBH has launched an enhanced version of InfoAction, a corporate actions SaaS workflow solution for asset managers and financial institutions. Built on BBH’s Infomediary Data Solutions platform, InfoAction automates the event notification and response process, enabling efficient tracking and management of the entire corporate actions workflow and providing a golden record of data. The latest…
Clearstream launches private markets solution
Clearstream, Deutsche Börse Group’s post-trade services provider, is launching a digital solution to transform private market fund processing. Leveraging digital capabilities through its DLT-based platform, FundsDLT, and integrated with Clearstream’s Vestima fund platform, the solution – currently being introduced with selected clients prior to a full-scale rollout – streamlines traditionally manual processes, enhancing efficiency and…
Wesleyan expands with SS&C
Wesleyan Assurance Society, a UK-based financial services mutual, has partnered with SS&C to develop its digital-first wealth management platform. The platform builds on Wesleyan’s long-term relationship with SS&C, which has served as the transfer agent for the Wesleyan Unit Trust Managers range of funds for over 20 years. Wesleyan has selected SS&C Hubwise to deliver…