Diligend, a cloud-based, digital due diligence software platform for the investment management industry, has rebranded as Dasseti. The rebrand comes alongside the successful close of the firm’s Series A Financing led by Nasdaq Ventures.
Apex Group is to acquire Bank of America Custodial Services (Ireland) Limited, the Irish depositary business of Bank of America. Apex will acquire BACSIL through its subsidiary European Depositary Bank.
PwC’s UK Deals Insights and Analytics team has chosen Doorda Data Products to augment its analytics capabilities for hedge fund, private equity, and corporate clients. Doorda researches, consolidates, links and updates open data from hundreds of publishers into a cloud data
Investors are demonstrating a keen appetite for alternative investments. However, they are simultaneously showing a need for a certain level of liquidity. This is leading to a growing demand for semi-opened-ended alternative funds being launched in European fund domiciles.
McKay Brothers International’s Josada team has extended its lowest latency market data service into Shanghai, with MBI claiming that its Quincy Extreme Data service is now the fastest way to receive select CME and ICE Futures market data, including: energy,
Crypto exchange Bybit has revamped its broker rebate programme aimed at enhancing its deep liquidity and maintaining minimal slippage on its spot trading platform. From 10 January, 2023, 10AM UTC, all spot trading fees generated from the broker platform on Bybit
xWIN Finance has launched an updated version of its robo advisor platform, xwin finance v2, on the Binance Smart Chain (BSC) and ethereum blockchain, which connects hedge funds and wealth managers to individual investors globally. The platform enables hedge funds,
Service providers operating in the British Virgin Islands (BVI) are witnessing a transformation in the type of work being carried out in the jurisdiction, as entities incorporated here are more active and engaged. “The BVI was known as a high
Investment managers have seen their regulatory and compliance burden inch upwards for years. The use of management companies in jurisdictions like Luxembourg has sought to ease this load. Investment managers are welcoming the additional support provided by a third-party ManCo,
Hedge funds and private equity funds were traditionally considered to be two completely different alternative investment classes, but as managers and investors increasingly seek to take advantage of exposure to both asset classes, the industry has witnessed a significant rise
