Vistra, the Asia-based provider of business services, has appointed Fenergo, the provider of digital solutions for KYC, transaction monitoring and CLM, to deliver frictionless global onboarding. Vistra’s global incorporations team is collaborating with Fenergo to deploy its SaaS-based CLM product to digitally transform processes for global entity onboarding, KYC and ongoing due diligence.
Category: Independents
SS&C opens in GIFT City
SS&C has opened an office in India’s Gujarat International Finance Tec-City (GIFT City). The International Financial Services Centres Authority has licensed SS&C GlobeOp to provide fund administration and compliance services to alternative investment funds and other funds domiciled in the economic opportunity zone. SS&C has been in India since 2003, and now has 12 offices…
Apex hires India CRM head
Apex Group has appointed Sonal Gokhale as head of client relationship management for India. She is based in Mumbai, joining from Axis Bank.
Suntera hires IoM funds head
Suntera Global, the C.I.-based administrator, has appointed Alex Stokoe as head of funds in the Isle of Man. He joins Suntera from Apex.
Aztec appointed by Corten
Aztec Group has been appointed as fund administration provider to Corten Real Estate, a U.S.-based real estate investment manager. Aztec is providing Corten with fund administration, financial reporting and investor relations services from its Philadelphia office. Corten focuses on providing solutions and strategic capital to stakeholders across real estate sectors in the U.S.
Suntera opens in London
Suntera Global, the C.I.-based administrator, has opened an office in London. Headed by Jade Fellowes, client services director and head of intermediaries, the London office will complement Suntera’s existing network of offices in eight locations in Europe, Asia, the Caribbean and the U.S.
Awqaf partners with Apex
Apex Group has been appointed by Awqaf Investment, the investment arm of the General Authority for Awqaf in Saudi Arabia, as its new strategic partner. Awqaf provides investment services to the non-profit sector. Apex Group will be providing fund accounting, transfer agency, and middle & back office outsourcing. In 2023 State Street completed implementation of…
Gen II appoints European RA head
Following the completion of its acquisition of Crestbridge, Gen II Fund Services has appointed Alex Le Quesne as head of real assets – Europe. He was head of governance services at Crestbridge.
Varys appoints FundRock for ADGM fund
Varys Capital has appointed FundRock Investment Management Services (ME) Ltd, the Apex-owned fund management company, to manage a feeder fund, Varys Capital Ventures (CEIC) Limited in the Abu Dhabi Global Market. Apex Fund Services (AD) Limited has been appointed as fund administrator.
Citco launches fails management service
Citco has launched a standalone, settlement-exception management service that may help to prevent trade fails. Æxeo FailSafe provides alternative asset managers with an overview of all pre-and post-settlement trading information for their funds across multiple brokers, without the need to review several reports or access multiple portals. Covering pre-and-post-settlement, Æxeo FailSafe provides consolidated oversight across…