Next Gate Tech, a Luxembourg-based provider of technology solutions for the investment funds operations industry, has initiated a research project named NGT Intelligence. The project focuses on the integration of AI across various components of Next Gate Tech’s technology. The Luxembourg government has awarded a grant of EUR2.48m, which is part of a larger EUR5.5m…
Category: FinTech
FNZ hires head of ops & delivery
FNZ, the wealth management platform provider, has appointed Jan Wohlschiess as group head of operations and delivery. He will be responsible for overseeing FNZ’s global operations and delivery functions. He was most recently global chief operating officer at the private bank and wealth management business of Barclays Group. FNZ recently appointed a new CEO, Blythe…
Copper appoints new CEO
Copper.co, the UK-based provider of digital asset custody, collateral management and prime services, has appointed Amar Kuchinad as its new global CEO. Kuchinad takes over from Copper’s founder, Dmitry Tokarev, who has stepped back from his role as CEO after seven years. Tokarev will remain closely involved in Copper’s future, both as the board’s founder…
Enfusion hires senior managers
Enfusion, a provider of software SaaS solutions for investment managers, has appointed Arman Artuc as head of engineering and Jesper Cordes to head of client services Americas. Artuc was previously global head of liquidity technologies at Instinet. In his new position he will partner with newly appointed chief product officer Chris Sturhahn, who joined from…
Finbourne hires COO
Finbourne Technology, the UK-based fintech, has appointed Francesca Lubbock as chief operating officer. She will oversee Finbourne’s day-to-day operations, focusing on scaling business processes, optimising performance, and driving strategic initiatives to enhance client satisfaction and operational excellence. She was previously in private practice.
Altered takes stake in ZILO
Altered Capital has become a significant shareholder in ZILO, the UK-based technology company currently specialising in transfer agency and the investor experience. Altered has acquired a 6.5pct stake from several early seed investors. Altered joins other investors in ZILO, including Fidelity International Strategic Ventures, Portage, State Street and Citi.
AmerX deploys SFCM
Americas Executions (AmerX), a full-service broker-dealer, has implemented Broadridge’s Securities Finance and Collateral Management (SFCM) platform to support its newly launched securities lending business. SFCM will enable AmerX to manage its securities lending operations, including collateral management, trade lifecycle management and risk assessment.
Pirum links with BNPP
Pirum, the UK fintech for securities finance automation and collateral management, has connected its exposure and collateral management solutions to BNP Paribas’ securities services business. As a result of the collaboration, mutual clients of BNPP’s triparty collateral services and Pirum now gain automated exposure and collateral management processing visibility, efficiency and transparency across their securities…
BR launches eFront Provider
BlackRock has launched eFront Provider, designed to enable asset servicers to offer asset managers a modern fund servicing experience, complete with real-time views into their private markets investor, fund and investment data. eFront Provider complements BlackRock’s widely used fund administration, investor servicing and data management capabilities for private markets asset servicers. Apex has been onboarded…
Russell-Jones forms sales consultancy
Marc Russell-Jones has established a consulting business, AIMES Advisory, “dedicated to optimising sales strategies for securities services and fintech businesses seeking targeted growth”. He was previously at Broadridge, and has worked for many of the largest custodian banks.