Funds industry

The solution will allow asset managers to access blockchain ecosystems and reach a growing class of investors operating exclusively within these networks. 

The integration is expected to accelerate account setup, reduce manual workflows and improve fund distribution efficiency.  

This week’s fund services round-up features Ultimus, Citco, Alter Domus, STP, Maples and Calder, Arrowpoint Investment Partners, Zedra and PACT Capital. 

The solution aims to reduce costs and time to market for investment managers. 

Citco Fund Services’ head of middle-office solutions, Ryan Fitzgerald, discusses the reasons behind the outsourcing trend, and the fundamental role that data now plays for market participants.  

Some 97% of asset management professionals report a strong or moderate interest from retail investors in private funds.  

The transaction for the fund administration software unit is subject to the satisfaction of customary closing conditions and is expected to be completed in Q2.  

This collaboration aims to centralise Upvest’s operations with Clearstream, allowing for enhanced operational efficiency and broader access to a range of funds and markets.

This week’s fund services round-up features: CIBC Mellon, Maples Group, Citco, Praxis, Fasanara Capital, Allvue Systems, Komainu, Imperium, and Langham Hall. 

ActiveOps offers decision intelligence tools, including ControliQ, to enhance service operations by optimising productivity and capacity through AI-driven insights.