ZILO, the UK-based fintech specialising in transfer agency, has gone live with its SaaS technology platform for global transfer agency services. ZILO’s technology offers clients a global cloud-based TA solution, delivering a single platform across multiple jurisdictions. Launching first in the UK, ZILO will expand its coverage in 2024, including Luxembourg, Ireland and Asian markets.
Category: Product
Hex Trust gains DASP status in France
Hex Trust, the Asia-based digital asset custodian, has obtained the Digital Asset Service Provider (DASP) registration granted by Autorité des Marchés Financiers and Autorité de Contrôle Prudentiel et de Résolution in France. The DASP registration enables Hex Trust to provide services including digital asset custody, the purchase/sale of digital assets for legal tender, and the…
State Street launches ETF portal in Australia
State Street has launched its Fund Connect ETF Portal in Australia. The portal offers online access for the creation and redemption of ETFs. This follows the 2022 launch of the platform in Singapore. Fund Connect ETF acts as a conduit between APs and issuers globally. It provides a single point of access to approximately 1,100…
Citco upgrades Æxeo
Citco has upgraded its Æxeo Treasury platform to enable users to transfer securities via Swift through its new securities transfer service, Securities View.
Pirum and Kingfield connect
Pirum, the UK-based fintech specialising in securities finance, and Kingfield, an exceptions processing fintech, have collaborated to develop connectivity to assist clients in fully automating income claims. With this new connectivity, mutual clients using Kingfield’s solutions can leverage Pirum’s CoacsConnect service, linking to all their trading counterparties. This allows matching, reconciliations, and automation of the…
SG-FORGE obtains DASP status
Société Générale – FORGE, a subsidiary of the Société Générale Group dedicated to crypto assets activities, has obtained regulatory approval as a Digital Asset Service Provider (DASP), or Prestataire de Service sur Actifs Numériques (PSAN), with the Autorité des Marchés Financiers (AMF). The move anticipates the implementation of the European MiCA regulation, which aims to…
RBC completes deal with CACEIS
RBC has completed the sale of the European asset servicing activities of RBC Investor Services, and its associated Malaysian centre of excellence, to CACEIS. CACEIS’ acquisition of the business of the UK branch of RBC Investor Services Trust and RBC Investor Services business in Jersey is expected to take place in the coming months, subject…
REYL acquires Carnegie
REYL Intesa Sanpaolo has acquired Carnegie Fund Services SA, a Swiss fund representative. Carnegie services fund management companies, boutique firms and large global asset management groups based in Europe, North America, Asia, and Australia, acting as a Swiss representative for over 100 managers and over 700 funds. Swiss-based REYL is part of the Intesa Sanpaolo…
Accelex enhances private debt reporting
Accelex, a UK-based fintech specialising in alternative investment data acquisition, reporting and analytics, has launched coverage of private debt and instrument-level data extraction for institutional investors and asset administrators. Investors in private market funds can now streamline data extraction for investments across multiple levels of the capital structure and across different funding rounds.
Arcesium links to Lionpoint
Arcesium, the U.S.-based administrator in which J.P. Morgan has a stake, has formed a partnership with Lionpoint Group, a global consulting firm focused on the alternative investments industry. The collaboration combines Arcesium’s technology with Lionpoint’s industry expertise to deliver enhanced operational efficiency and innovation for firms investing in private markets strategies.