FNZ, a global wealth management platform, has agreed to acquire International Fund Services & Asset Management SA, a Luxembourg-based B2B fund platform, serving all types of investment funds, including hedge funds, private equity and venture capital funds.

Fintech Save has launched a new savings account portfolio built on an 'absolute return' strategy favoured by hedge fund managers, that seeks "to generate steady, positive returns in all market environments".

Zodia Custody, a crypto asset servicing provider for institutional investors and a subsidiary of Standard Chartered, has formed a joint venture with SBI Digital Asset Holdings Co, to establish a Japan-based crypto assets custodian for institutional clients.

Horizon Software, a provider of electronic trading solutions and algorithmic technology for the global capital markets, has launched new module updates to its Horizon Extend offering, a cross-asset electronic platform for principal and agency trading.

Qomply has launched QomplyDirect – an integrated solution for firms wanting to take control of their transaction reporting and their costs. QomplyDirect enables firms to send their reports directly to the FCA eliminating the need for an ARM.

LightPoint Financial Technology and FactSet, a global financial digital platform and enterprise solutions provider, are collaborating to offer hedge funds, institutional asset managers, and family offices a fully integrated front-to-back solution with greater data flexibility.

Jensen Partners, an executive search form focussed on the alternative investment management industry has opened a new office location in Miami, Florida, as part of its wider commitment to expand client relationships and access to talent pools in growing financial hubs around the world. 

BNY Mellon has launched a new outsourced trading offering for buy-side institutions globally, including asset managers and asset owners. The offering by BNY Mellon Capital Markets, LLC will be powered by xBK, the buy-side trading division that executes more than $1 trillion in volumes on average annually for the company’s Investment Management franchise. 

Cryptocurrency derivatives exchange Deribit has selected multi-asset class trade surveillance and market risk solutions provider Eventus' Validus platform to provide market abuse monitoring on the exchange.

BTIG, a specialist in institutional trading, investment banking, research and related brokerage services has launched the Tactical Hedge Fund Group with key hires Bella Brandon, CFA and Zoe Henderson. Brandon and Henderson both join the team as managing directors and will be based in BTIG's London office.