asset managementRSS

Calypso lands IT overhaul deal with Invest AD

Calypso gains first tech site in UAE

Abu Dhabi Investment Company (Invest AD) is implementing new treasury and asset management software from Calypso, front-to-back office.

Banking tech vendor Ohpen acquires FYNN Advice for implementation capabilities boost

Ohpen

Core banking tech vendor Ohpen has acquired a fellow Dutch fintech firm, FYNN Advice, which specialises in core banking software implementations.

LarrainVial finally goes live with Temenos’ T24 core banking system

Temenos gains new live site in Palestine

Chile-based LarrainVial has implemented Temenos’ T24 platform – seven years on from signing the contract – as it seeks growth throughout the Americas including in Chile, Colombia, Peru, and the US.

Kempen ousts legacy reporting tech in favour of Simcorp Coric

Flag_of_the_Netherlands.svg

Kempen, a €49.5 billion asset manager in the Netherlands, is replacing its legacy client reporting solution with Simcorp Coric.

Linedata acquires outsourcing firm QRMO

Linedata takes over QRMO

Linedata has expanded its outsourcing business into Asia with the acquisition of Quality Risk Management & Operations (QRMO), a provider of outsourced middle-office, shadow accounting and risk monitoring services to the asset management and securities industries.

Vontobel in digital banking transformation with Appian

Vontobel in digital banking revamp

Appian, a US-based provider of low-code application platform, says it has been enlisted by Vontobel Bank “to execute its digital transformation strategy across all business divisions”.

When large projects go bad: leadership, operational change and a dose of reality

Steve Young, Citisoft

Large-scale operational projects within asset management firms are notoriously ambitious, incredibly complex and extremely hard to deliver. Global system implementations are a common culprit, where often multiple applications (some legacy) are being replaced.

StatPro to acquire risk and performance analytics business from UBS

UBS and StatPro agree acquisition deal

UBS is selling its risk and performance analytics service, UBS Delta, to StatPro Group, a provider of cloud-based portfolio analysis and asset pricing services for the global asset management industry.

Vermilion Software and Cymba Technologies acquired by FactSet

Factset in shopping spree

Factset, a US-based provider of financial information and analytics software to the investment management industry, has completed two acquisitions. These are Vermilion Software, a client reporting and communications software specialist and Cymba Technologies, which focuses on asset and investment management software and solutions.

PriceMetrix acquired by McKinsey

McKinsey acquires PriceMetrix

McKinsey has bought PriceMetrix, a Toronto-based data and analytics company focused on the wealth and asset management sector. McKinsey says that “PriceMetrix will retain its management team, brand and identity, and will work in close collaboration with McKinsey’s wealth and asset management team”. PriceMetrix’s tools – ValueOne, CommissionCheck and FeeCheck – are complementary to McKinsey’s […]

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