Investment managers stand at a crossroads today. Faced with a rapidly changing digital world, they must determine which path to take to help them transform their business models and respond to the needs of a younger generation of investors.
Technology & software solutions
Nasdaq has acquired Solovis, a privately-held financial technology company offering multi-asset class portfolio management, analytics and reporting tools across public and private markets.
Glue42, a fintech providing intelligent desktop solutions for financial institutions, is helping a major hedge fund build its next generation trading platform.
Grant Thornton Ireland has selected Fund Recs to provide reconciliation and data transformation software solutions for its Financial Services Audit business.
SmartStream Technologies and Luxoft have formed a global alliance to help financial institutions digitally transform the entire post-trade lifecycle, enabling more efficient, streamlined and cost-effective middle- and back-office operations.
Duet Group, a global investment holding company, has implemented LiquidityBook's SaaS-based LBX Buy Side as its POEMS (portfolio, order and execution management system).
Simcorp has made an investment in start-up Alkymi as part of a new machine-learning initiative aimed addressing the current strain and costly challenge of processing unstructured data for alternatives investments
genesis, the international capital markets software firm, has appointed Felipe Oliveira as Global Head of Sales & Marketing, following a sustained period of growth and investment.
Hazeltree, a provider of integrated treasury management and portfolio finance solutions, has expanded Hazeltree Collateral Manager to include Standard Initial Margin Model (SIMM) calculations in partnership with AcadiaSoft.
Backstop Solutions Group, provider of a cloud-based productivity suite for institutional and alternative investors, has launched Agile Pipeline Management for capital-raising teams within asset management firms.