FinTech firm Finbourne has released an early access programme for its flagship cloud-based investment data management platform, LUSID.
MUFG has made a big push in its real estate and private markets franchise in order to capture the market demand for limited partner services.
The partnership is the latest in JP Morgan’s strategy to collaborate with FinTech firms and provide its clients middle and back-office data to front-office decision makers.
The acquisition is an extension of MUFG Investor Services’ partnership it signed with Point Nine last year.
JP Morgan’s securities services division goes live with post-trade FinTech firm’s transaction status solution
The bank’s securities services division has been developing a single end-to-end data integration framework aiming to break down the barriers in the post-trade lifecycle
Recent fines to investment banks over data reporting failings on trades have shown the importance of accuracy and quality.
Blockchain start-ups are now facing serious assaults from established market infrastructures and custodians that are developing their own solutions.
iCapital will assume oversight of 115 Morgan Stanley feeder funds which invest in alternatives assets for the bank’s wealth management arm.
The report suggests custodians are no long the central hub of technology for RIAs, with tech vendors now providing direct competition over data and analytics.