Category: FinTech

HUB, the fund services provider in which State Street has a stake, has been appointed by Gresham House Ireland to provide HUB Performance Reporting, a SaaS solution designed to automate and simplify performance reporting and factsheet production. Gresham House Ireland, an alternative asset manager, will use HUB to automate performance reporting, standardise factsheet generation, and…

Temenos, the banking software company, has signed an agreement to sell Multifonds, its fund administration software business, to Montagu Private Equity, a European private equity firm, for a total enterprise value of about USD400m, including an earnout. The Multifonds executive management team will invest alongside Montagu. The transaction is subject to customary closing conditions and…

IDR, a private markets investor onboarding platform, has hired Kevin Skorzewski as senior commercial development director, based in New York. He joins IDR from BNY where he led the bank’s alternative asset managers business development team for the Americas.

Highvern, Telemos Capital and Permian have signed binding agreements to combine Highvern and Permian to create a funds and private capital services provider. Existing shareholders will re-invest alongside both senior management teams. Telemos, backed by the Jacobs family, will ensure the new group has the financial support to continue investing in its service offerings, people…

Tom Kinnally, a former Morgan Stanley & BlackRock managing director, has Joined Saphyre, the specialist fintech. He will focus on accelerating Saphyre’s client engagement and growth. Kinnally will assist Saphyre’s executive leadership to deploy intelligent solutions for trade settlement.

Temenos the Swiss based fintech, has appointed Sairam Rangachari as chief product officer, Reporting to Temenos chief product and technology officer Barb Morgan, he will lead the development of Temenos’ solutions and define the company’s overall product strategy. Most recently, he founded and led the product and technology function at Tandym, a digital payment wallet…