Fund administration
Northern Trust offers internal fund accounting, data tools to clients
Regulations and a mandate to enhance quality and transparency in a bid to improve the investor experience are pushing buy-side firms to have more oversight of their third-party providers.
This Week: Cboe-Neo, Aviva-Macrobond, Iress, BNY Mellon, Options, MT Newswires-Bloomberg, and more
A summary of some of the past week’s financial technology news.
SFDR pushes fund administrators to rethink ESG offerings
Some fund admins prefer to build ESG products in-house, while others, notably Northern Trust, consider it ‘inefficient’ from a cost and time perspective.
This Week: JP Morgan, Deutsche Börse, Refinitiv, and more
A summary of some of the past week’s financial technology news.
Waters Wrap: Microsoft’s capital markets play (And Algorithmics thoughts)
Anthony takes a look at an interesting announcement between FactSet and Microsoft and what it could hint at as to Microsoft’s future in the capital markets. He also examines Algorithmics in the year after the SS&C acquisition.
The embrace of buy-side interoperability: State Street, SimCorp team up
The partnership between the two major players in the buy-side technology space reflects the shift in how rivals do business.
Temenos Continues Digitization of its Investor Servicing Portal
Following its acquisition of digital banking SaaS company Kony last year, Temenos will be updating the UX across all its products.
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."