Capita Asset Services is working with Irish fintech start-up, Fund Recs, to automate its cash and portfolio reconciliation process. The cloud-based software will automatically reconcile broker and custodian data to Capita’s fund accounting system, InvestOne Enterprise. Clients will benefit from
Options has partnered with Observable Networks, a specialist in security analytics, to provide dynamic endpoint modelling for client networks. Observable’s Dynamic Endpoint Modelling analyses all network endpoint devices in order to help identify early-stage indicators of suspicious behaviour and potential
Dyal Capital Partners, a division of Neuberger Berman Group, has acquired a strategic minority stake in private credit and special opportunities alternative investment manager, Atalaya Capital Management. Dyal will become a passive, non-voting partner in Atalaya. All of the proceeds
Intercontinental Exchange’s (ICE) subsidiary, Interactive Data, is to work with AllianceBernstein (AB) to help the firm evaluate its trade execution quality and perform transaction cost analysis (TCA). The work will be done across various mutual funds and separately managed portfolios using
The US Commodity Futures Trading Commission (CFTC) has issued an order granting Eurex Clearing AG (Eurex Clearing) registration as a derivatives clearing organisation (DCO) under the Commodity Exchange Act (CEA). Under the order, Eurex Clearing will be authorised to provide
The January 2016 average daily transaction value on the Euronext cash order book stood at EUR8,682 million (+0.6 per cent compared with January 2015). The first twelve months of the year are the best month ever in terms of number
Blenheim Capital Management has reached an agreement with the employees of its Amsterdam-based affiliate, Blenheim Capital Management BBV, to establish the Dutch outfit as an independent entity. Blenheim and BBV will continue to have a working relationship, but the two
Karson Management, a provider of reserve, capital and collateral financing solutions, and BNY Mellon have successfully completion of the first K-Note reinsurance collateral financing transaction in Canada. The patented K-Note financing platform has been designed by Karson around a number
HazelTree has partnered with AcadiaSoft to enhance the Collateral Management capabilities of the HazelTree Integrated Treasury Management Solution. The enhanced solution aiming at delivering seamless integration between the industry’s leading treasury management and margin automation solutions. It is expected to
Singapore Diamond Investment Exchange (SDiX), the world’s first commodity exchange for physically settled diamonds, has raised USD10 million in Series B+ financing. The round, which closed on June, was led by existing investors Vertex Ventures and SDiX Chairman Alain Vandenborre
