Fund administration
Simm May Come with a Side Benefit—A Common Data Standard
Buy-side firms using AcadiaSoft for Simm calculations must adopt the ORE XML data format.
This Week: MEMX; Paxos/Credit Suisse/Instinet; Blue River; CJC/TREP & More
A summary of some of the past week's financial technology news.
Intertrust Plans More US Expansion
Corporate services company aims to offer prime brokerage and trust services to asset manager clients.
Allfunds Sharply Boosts Asia Presence with Key Hires
The vendor’s open architecture model allows it to service new clients in Asia.
Storebrand AM Completes Move to SimCorp Dimension
Norway’s largest private asset manager finalizes the last leg of its technology consolidation project.
SS&C Unveils Singularity for AI-Enhanced Back Office
New platform will use robotics and machine learning to streamline accounting and reconciliations workflows.
Former Calastone Asia Head Joins UBS Asset Management
Sebastien Chaker will lead the Asia expansion of UBS’ wholesale funds platform.
Brown Brothers Harriman Releases Secondary-NAV Tool for Administrator Oversight
The firm has bolstered its middle-office outsourcing tools with the release of InfoNAV and aims to include AI features in the future.
MUFG Investor Services Taps Point Nine's Middle-Office Platform to Help with Reg Reporting
The partnership is exclusive to MUFG and will also help Point Nine add pre-trade analytics to its offering.
Delta Data Debuts FundBlast Corporate Actions Portal
FundBlast will provide a standardized, real-time means of communication that aims to mitigate risk, streamline operations and slash email notification volumes.
Northern Trust Buys Omnium Technology Development from Citadel
The deal is expected to close in the first half of 2018.
Waters Wavelength Podcast Episode 95: Bitcoin/Blockchain News, BNP's Acquisition, Post-Trade Tech
Anthony and James take a look at some of the biggest news events from the past week.
BNP Paribas Gets into 40 Act Business with Janus Henderson Deal
Andrew Dougherty of BNP Paribas Securities Services talks to WatersTechnology about this recent acquisition and what it means for unit going forward.
BNP Paribas Pursues 40 Act Acquisition, Readies Live Blockchain Implementation
The French bank looks to make a "big" acquisition, and will go live with an internal blockchain for corporate actions within "weeks."
Brexit Brings Boom to Bankenviertel as Tech Firms Eye Frankfurt
Eurozone's financial capital seen as the big Brexit winner as tech vendors begin to follow banks in launching new Germany-based services
SocGen Securities Services Appoints Davey MD
With more than 25 years of industry experience, Davey is charged with expanding SGSS' offering across all market, product and client segments.
To Reduce Cyber Vulnerabilities, Cut Back on Email Needs
Maitland's head of hedge fund services discusses cybersecurity and how the firm is restructuring.
Pimco Extends Investment Manager Services Outsourcing Contract with State Street
The two firms also agree on accounting, custody, fund administration and transfer agency services for additional assets.
SS&C Acquires Wells Fargo's Fund Admin Business
SS&C recently acquired Citi's fund admin business as it looks to expand through acquisition.
MainstreamBPO Buys Fundadministration as Part of Expansion
The deal is expected to bring MainstreamBPO's funds under administration to $94 billion.
Hello Form PF, My Old Friend
Even as Form PF has largely been solved for, blending those solutions with solutions geared toward other reporting structures will continue to cause headaches.
Citco Previews Soon-to-be-Launched CitcoOne Platform
The new platform was built from the ground up with a focus on data mining and visualization.
Calastone Launches Global Fund Distribution Solution
Tool can give fund managers full look-through, says company
MUFG Fund Services Taps Markit for Bond Pricing
The prices will support MUFG's NAV calculations for fund clients