The partnership comes as custodians turn to FinTechs and other technology providers to transform and automate unstructured data in the alternatives markets.
The new launch will strengthen Alter Domus’ offering for existing clients seeking to domicile alternative investment funds in Ireland.
The mandates adds to a growing list of Soc Gen’s depositary and fund administration business wins across Europe.
The bank has extended its services to support alternative assets, leveraging automation to improve operational efficiencies.
McAllister Kirschner, chief operating officer and global head of relationship management at MUFG Investor Services, explains fund administrators need to evolve their business model to meet the diversification of their clients.
Alternatives fund administrator Ocorian has hired JP Morgan's former head of global custody in a newly created role, overseeing product development and sales.
The escrow service will offered as a value-add to existing MUFG clients and provide them with end-to-end capabilities.
The US insurance company giant has adopted the SS&C SmartSource platform to manage the middle- and back-office for three of its insurance companies.
The partnership will enable IQ-EQ to provide loan agent and private debt loan administration services for a range of asset classes.
With its first office in Singapore, the tech vendor aims to capitalise on the growth of the region’s private markets.