Fund/Asset ManagementRSS

Profile Software’s tech gets new live site in UK, Dolfin

Profile Software gains new client in UK

London-based investment management firm Dolfin has gone live with Profile Software’s IMSplus and Axia systems.

AlgoMe brings Tinder touch to asset management talent hunt

algome 1

AlgoMe, a London-based start-up offering career development and job placements in asset management, has launched its beta phase. The firm says it’s “rather like a dating app in that you get to determine if the match is right for you before your data is shared”. The web and mobile-based membership community is led by CEO […]

KBC Asset Management in technology modernisation

Are we there yet? Image source: KBC AM

KBC Asset Management, Belgium’s largest investment manager, is implementing a new investment book of record (IBOR) platform, Simcorp Dimension, and Axioma’s risk management engine.

IBM and Northern Trust debut blockchain for private equity

IBM working with Standard Life and ING Direct Australia

IBM and financial services firm Northern Trust have launched the “first commercial deployment” of blockchain for the private equity market. The blockchain is based on the Hyperledger Fabric and is available for use for managing the administration of a private equity fund managed by Unigestion, a Switzerland-based asset manager with $20 billion in assets under […]

Vontobel selects SimCorp Coric for fund reporting

Simcorp signs large deal with SEB

Swiss-based Vontobel Asset Management has chosen SimCorp Coric to automate its client communications and fund reporting processes. Vontobel will deploy SimCorp Coric as a hosted solution via Microsoft Azure and the agreement will see the Coric solution replace in-house manual processes as well as an existing incumbent third-party solution. Stuart Keeler, managing director of SimCorp […]

Linedata adds a touch of Gravitas

Linedata

Investment management software from Linedata has acquired Gravitas Technology Services, a provider of middle office and technology services to the asset management industry. Gravitas is based mainly in New York and Mumbai, and the deal is part of Linedata’s ambitions in North America. It follows last year’s purchase of fellow investment management software provider, Derivation. […]

Drooms acquires Swiss fintech firm DealMarket

Drooms logo

Drooms, a provider of virtual data rooms, has agreed a deal to acquire DealMarket with effect from 1 January 2017 to boost its service portfolio for the entire asset lifecycle. Zurich-based DealMarket has developed a cloud-based software package for private equity investors, family offices and corporate finance experts, allowing them to manage the deal flow […]

UK’s Financial Conduct Authority kicks some asset management

FCA keen to explore regtech

The UK’s Financial Conduct Authority (FCA) says there is weak price competition in a number of areas of the asset management industry. The FCA launched the market study in November 2015 to assess whether competition is working effectively. The UK’s asset management industry is the second largest in the world, managing almost £7 trillion of […]

Equity firm Martin Currie picks Vermilion for reporting

Vermilion Software

Vermilion Software, a UK-based supplier of client reporting and communications software, has been selected by active equity specialist Martin Currie. Edinburgh-based Martin Currie has chosen its client reporting suite and pitchbook facility as a means of “consolidating” its reporting and marketing materials. In addition to adopting Vermilion’s V4.0 reporting technology, Martin Currie has also purchased […]

Talanx and FinLeap create Elinvar for asset management digitalisation

Finleap logo new

German insurance firm Talanx and fintech developer FinLeap have founded a joint venture to provide a digital platform for independent asset managers and private banks. Under the name Elinvar, the start-up offers a white-label platform – so asset managers can offer their own brand and corporate design. The solution includes new client onboarding, automatic creation […]

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