Deutsche Bank joins in $20 million funding round for AccessFintech
Previous investors JP Morgan, Citi and Goldman Sachs also contributed to the round, taking the total raised by AccessFintech to $37 million since 2018.
Previous investors JP Morgan, Citi and Goldman Sachs also contributed to the round, taking the total raised by AccessFintech to $37 million since 2018.
The partnership with London-based FinTech firm H4 will help transform the client contract onboarding experience.
Asset manager becomes the first to go live on JP Morgan’s InvestOne platform in Australia and New Zealand.
Custodian pilots new solution with BlackRock, digitising the custody account opening workflow through Saphyre’s technology.
JP Morgan's Collateral Transport tool will act as the 'brain' for buy-side firms to manage assets used for securities lending or to meet margin calls.
Capitolis intends to use the funds from this latest investment to further accelerate its technology and product development.
Providing real-time data services for its buy-side clients has been a core focus area for JP Morgan's securities services business.
The mandate comes as JP Morgan renews its focus on global custody after undergoing a strategic review of its securities services business in the region.
Among the swathe of recent appointments, the former head of investor services for Ireland at Citi has joined to lead BNY Mellon's Irish fund services business.
The decision comes after a strategic review on its securities services businesses in the region, and has instead opted to focus on its global custody product.