This Week’s Vendor News

NEW & UPDATED PRODUCTS

OneTrust has launched Prompt, a monthly newsletter to keep users updated on the latest in AI technology and regulations. The first newsletter for January 2024 is "An AI inventory: your first step towards compliance and control". ↗

Nasdaq has updated its brand experience for Nasdaq eVestment, with its Brand Awareness Rankings. Nasdaq uses a metric based on both asset owner and consultant viewership in the Nasdaq eVestment database as a proxy for brand awareness at the combined firm and product levels. In this update Nasdaq shows the Top 20 firms ranked by their brand awareness scores across multiple categories – including changes in scores from the prior quarter, and provide the metrics involved in determining brand awareness scores. Allvue also highlights the importance of data population by including a list of highly viewed firms excluded from brand rankings due to failing to provide the basic metric of firm total AUM. ↗

Grata has introduced Grata Go, which gives users access to company data directly from your phone. Grata Go can provide information about a company’s size, growth trajectory, recent funding rounds, and executive teams. ↗

Nasdaq has unveiled the Nasdaq IPO Pulse Index, which offers insights into the future listings market and IPO activity. Nasdaq's Capital Access Platforms division launched this indicator to provide corporates and investors with an outlook for the direction of IPO activity with a high degree of predictability six months out. ↗

CEPRES has announced a number of new updates for its Fund Screener solution. To start with, the CEPRES platform now allows for viewing and editing non-operating cashflows in the Cash Ledger Page. Additionally, a new dropdown has been added to the page at the top section, which is shown on the fly when selecting a dataroom. This new dropdown gives the user three options to view: operating cashflows, non-operating cashflows and mixed cashflows. Withdrawal and deposit have been added as two new types of non-operating cashflows at the fund and deal level. Users also have the ability to switch between views and navigate to view the amount, date, and summation per each cashflow type and are able to sort, filter, and search per each view. The new updates allows users to view the non-operating cashflows in the dataroom by specific, customized timelines, including the following: “Show Dates Only “ view, “Show Quarters Only “ view and “Show Quarters and Dates “ view. The different operating modes are available in all views: Users can view the operating and non-operating cashflows together per fund or deal in quarters or dates (or both). And finally, users are now able to edit fund and deal data while viewing them in the Cash Ledger page. ↗

FINTRX has officially released its AI Search, powered by FINTRX. AI Search utilizes natural language processing and machine learning algorithms to deliver accurate and relevant search results, saving users valuable time while increasing productivity. ↗

Fundwave has unveiled a new feature on its platform. Fundwave has made it easier to collect KPIs from portfolio companies. Now users can setup an automatic schedule for companies to submit KPIs on time. ↗

DEAL ACTIVITY

Vidia Equity has announced the final close of the Vidia Climate Fund I, operated via Vestlane. The fund was oversubscribed and closed at €415m. ↗

Alto has announced the launch of Vint’s Futures and Casks Fund I on the Alto Marketplace. The Vint Futures & Casks Fund is strategically designed for wine and spirit enthusiasts as well as any accredited investor looking to diversify their portfolio. Vint is a real-alternative asset manager that has expanded access to wine and spirits investing by securitizing collections within the sector. ↗

PARTNERSHIPS & INTEGRATIONS

Carta has partnered with Merge to support 50+ HRIS. Carta is using Merge to power their integrations in Europe. ↗

Toppan Merrill has announced a partnership with Nasdaq for CSRD and ESG reporting. This partnership will provide a purpose-built solution for businesses at all stages of the ESG journey, from hyper-granular data collection to cross-referenced metrics, and guidance notes. ↗

Filament Syfter and S&P Global Market Intelligence have announced a new collaboration together. The goal of this partnership is to help private market users streamline their approach to building data analysis tools in-house, thereby enhancing their investment teams' ability to integrate, interrogate and enrich data. With the help of Filament Syfter, users can identify valuable insights and market signals. ↗

CEPRES has announced a strategic partnership with LeadingMile Consulting to provide an Open Integration Layer. The Open Integration Layer is pre-configured to connect system data structures to those of CEPRES, letting users of third-party systems integrate CEPRES data into their current tech stack. This partnership will also allow CEPRES customers to integrate data from third party systems into CEPRES' Predictive Intelligence solution, a portfolio simulation and tracking solution. ↗

Goji has announced its new partnership with Alchelyst, a full-service fund administrator based in Dublin. Alchelyst’s digital onboarding platform, enabled by Goji technology now includes: investor onboarding, KYC/AML compliance, investor notices & reporting and digitized documentation. ↗

Addepar has announced that konvergent wealth partners has joined the Addepar family of clients. konvergent, a Washington-based wealth management firm, helps families and business owners advance their wealth, achieve clarity and purpose, and maximize impact.

SimCorp has announced that one of the largest central banks in the Asia Pacific region, has chosen SimCorp to provide a front-to-back implementation of its investment management platform. This partnership aims to modernize the central bank’s reserve management and monetary operations. By consolidating operations into a single platform, the central bank will gain a total portfolio view of all its assets across public and private markets, whether managed internally or externally. ↗

HIRING & PERSONNEL

Alexander Caprio is the new Chief Accounting Officer at OneTrust. Most recently, Caprio was the Chief Accounting Officer at the SaaS company, Celonis. ↗

Leonardo Interlandi has joined OneTrust as Vice President of Customer Success. Most recently, Interlandi was Director, Customer Success (US Leader for Financial Services and Professional Services) at Workday. ↗

Charlotte Bradley is the new Vice President - Product at Ontra. Previously, Bradley was Vice President Product, Platform at AppFolio. ↗

Josh Defreitas is the new Vice President | Investments at CAIS. Defreitas has been with CAIS since 2020. ↗

Katie Hoag is the new Director, Accounting Operations at Tegus. Before joining Tegus, Hoag was a Controller at Mintel, a privately owned, global market research company. ↗

Tegus has also opened its EMEA headquarters at the IDA Business & Technology Park in Waterford, Ireland. The new location will facilitate the expansion of global content and deeper datasets, allowing the company to better support local customers as well as the growing number of international users already on the platform. ↗

Allvue Systems has announced several key appointments as the firm expands its customer experience function. Kevin Dunn has rejoined Allvue as Global Head of Customer Experience for the firm’s credit segment. Dunn has experience at tech startups and large organizations and spent more than 10 years with Black Mountain Systems (a predecessor of Allvue Systems). Pat McBrearty joined as Head of Partnerships. He has over 12 years of experience in B2B SaaS building and scaling GTM partnership functions. Prior to joining Allvue, he was the Vice President of Partnerships at Gainsight, a portfolio company of Vista Equity Partners. Michelle Wu joined as Head of Marketing and has over 15 years of experience in debt capital markets, fintech, and cybersecurity. Prior to joining Allvue, she was the Vice President of Product Marketing at SecurityScorecard. ↗

CAIS has welcomed six new members to the CAIS Executive Council. Alex Cavalieri - Director, Head of Marketing. Chris Crawford - Managing Director, Operations & Risk Management. Brooke Jones - Managing Director, Platform Solutions & Operations. Kristin Magnier - Director, Advisor Services. Judah Schulman, CAIA - Director, Product Specialist. Christopher Zuczek - Chief Product Officer. ↗

RepRisk has expanded its Board of Directors with two new members. Christoph Bieri and Marko Roeder have been appointed as members of the RepRisk Board of Directors. Bieri will reinforce the board with his experience in corporate finance and strategy development. Roeder will contribute with his experience in sales and marketing, international expansion, as well as team and culture development to the board. ↗

Josh Burke has joined Canoe Intelligence as the Director of Talent Acquisition and Compensation. Burke was previously Head of Talent Acquisition at Appcues. ↗

Additionally, Jordan-Ross Olloe is the new Business Development EMEA at Canoe Intelligence. Most recently, Olloe was Business Development, Alternatives at SS&C. ↗

Leonardo Interlandi has joined OneTrust as Vice President of Customer Success. Most recently, Interlandi was Director, Customer Success (US Leader for Financial Services and Professional Services) at Workday. ↗

Meltem K. Moore is the new Director, Content Strategy, Planning & Analysis at AlphaSense. Until recently, Moore was Director, Portfolio & Program Management - Business Readiness, Data & Analytics at the London Stock Exchange Group. ↗

Standard Metrics has welcomed Brian Cloughley as its new Head of Customer Experience. Cloughley will oversee the entire journey for customers at Standard Metrics from implementation to customer success, support, managed data services, expansions, and renewals. Cloughley was previously at Affinity where he served as SVP of Customer Success and Revenue Expansion. ↗

SimCorp has welcomed Surika Vosloo to the company as Group Product Manager in its product development division. Most recently, Vosloo was Head of Product Management at TS Imagine. In recent years, SimCorp has invested a large portion of its R&D capacity to enhance its Front Office capabilities. ↗

VENDOR WHITEPAPERS

Drawbridge has a new post, "5 Essential cybersecurity steps for Portfolio Companies". In this blog post, Drawbridge explores some essential cybersecurity basics that private equity firms should consider in order to protect their investments and maintain trust with their stakeholders. ↗

FundGuard has a new post, "RFPs and Technology Transformation: Are You Asking the Right Questions?". In this piece, FundGuard has outlined some of the top RFI/RFP questions that it has seen over the last year and proposes how firms can evolve these questions to reflect the transformation they are trying to achieve. ↗

Deloitte has published a new post, "2024 M&A Trends Survey: Mind the gap". Deloitte feels that M&A market uncertainty has only gotten worse over the last year, but new research they conducted shows that going forward the pivots and shifts in M&A activity are helping dealmakers adapt to the new normal. ↗

Bite Stream has a new paper, "Bite Stream Insider: New SEC rulings continue push towards more transparent private markets". In this piece Bite Stream goes deeper into the implications, while offering fund managers insights and providing recommendations on how they can effectively navigate and respond to the latest developments. ↗

Intelligo has a new blog, "Bankruptcies, Background Checks, and Rudy Giuliani". In this blog, Intelligo states that a bankruptcy or any unmanageable debt can be a sign of a subject’s inability to handle financial responsibilities and commitments. Intelligo discusses both personal and corporate bankruptcies, and how together they can serve as a warning that entering into any kind of deal can pose a potential risk. ↗

Private Equity Info has a new blog, "Find untapped deal flow in aged portfolio company holding periods". PEI feels that access to quality deal flow is the largest determinant of success in M&A. And discusses that the steady flow of potential deal intelligence that remains somewhat untapped is aged private equity-backed portfolio companies that may be seeking an exit. ↗

Apliqo has a new blog, "Using driver-based planning to improve forecast accuracy". In this blog Apliqo writes about 3 main themes: how do you identify the key drivers? Driver-based planning is a continuous process and eliminating complication for its own sake. ↗

Owlin has a new blog, "The Benefits of Adverse Media Monitoring for KYB". In this blog, Owlin explores the role of adverse media monitoring in financial entities’ KYB processes, highlighting the potential it provides for risk identification, compliance with regulatory requirements, and enhancing overall risk assessment. ↗

StepStone Group has a new article, "Venture capital: Shedding the "access class" label". StepStone states that it used to be a generally accepted principle to invest only in established, top-quartile venture managers. StepStone feels that that approach to venture capital investing, which worked mostly for investors with inside connections to select managers, has become outdated. ↗

TrustQuay has a new blog, "Realising the true value of cloud migration". In this piece, TrustQuay examines the importance of market momentum, innovation and agility, and takes a look at some of the considerations for organizations yet to migrate to the cloud. Is there anything to worry about, what are the benefits, and how can businesses realize that value? ↗

Drawbridge has another new blog, "Cybersecurity trends from 2023 for Wealth Management Firms". In this blog post, Drawbridge delves into trends from 2023 that demonstrate why wealth management firms must prioritize cybersecurity-specific solutions in 2024. ↗

Broadridge has a new post, "What's next for 2024 - A tipping point for AI, blockchain, ESG, and more". Some of Broadridge's predictions from this post include: key emerging technologies approach a tipping point, AI will turbocharge the power of blockchain and ESG won’t be canceled — it’ll be rebranded. ↗

KEY ESG has a new article, "ESG regulation and framework updates in 2024: important dates for your diary". ESG regulations are set to undergo significant changes in 2024, as a host of new regulatory guidance comes into effect. In this article, KEY ESG goes over these regulations and important dates to be aware of over the course of 2024. ↗

qashqade has a new whitepaper, "LPA Validation - trust but verify". This whitepaper includes: The regulatory response to GP fee miscalculations, examples of misinterpreted terms and their consequences, a solution: LPA Validation from qashqade and a case Study: How LPA Validation for a large pension fund discovered discrepancies with the GP’s calculations and led to amounts being credited back to the client. ↗

Chronrograph has a new blog, "2024 Venture Capital Outlook". Chronograph feels that over the course of this year, modest stabilization in fundraising and a continued shift towards more realistic valuations will shape the venture ecosystem. Additionally, VC investors will refocus their priorities to favor sound business strategies, efficient growth, and strong business fundamentals. This blog explains why Chronograph feels this way. ↗

Apliqo has a new blog, "Navigating private markets: crafting your investment timeline". Apliqo believes that one of the most important components of successful private market investing is to get your investment pacing right. This piece discusses why investment pacing is so important and what analytical portfolio management tools can support this. ↗

Decimal Point Analytics has a new blog, "Unlocking Success: Key Trends For Asset Management In 2024". Decimal Point feels that macroeconomic headwinds, evolving regulatory landscapes, and the march of technological advancements present challenges and opportunities for both investors and asset managers. This article explores the nine essential paths that Decimal Point believes will shape the year ahead and offers knowledge to navigate this year. ↗

Alkymi has a new blog, "Speed up CIM review with LLMs". In this blog, Alkymi goes over the 7 steps that it believes a CIM workflow should look like in order to speed up the process. ↗

AlphaSense has published a new blog, "M&A Due Diligence: A Complete Guide". In this piece, AlphaSense discusses how and why due diligence is critical to justifying valuation, as well as exposing potential liabilities that may jeopardize a transaction’s success. AlphaSense feels that whether the M&A landscape is booming or scaling back, the importance of conducting comprehensive due diligence is more critical than ever in order to secure lucrative deals. ↗

Drawbridge has posted a new blog, "The Importance of Independence". In this piece Drawbridge states that independent governance and vulnerability management can meaningfully protect investors from harm. This includes risk assessments of both the fund and their service providers, effective policies, training and phishing tests, incident response simulation, and technical vulnerability checks in the form of daily scans and penetration tests. ↗

Anaplan has posted a new blog, "10 tips to elevate finance leaders in 2024". For this piece Anaplan put together the top 10 recommendations to enable faster, more informed decision-making in 2024. ↗

Ontra has published a new blog, "9 Key challenges private equity firms face in 2024". Ontra feels that for private equity firms, in particular, their digital transformation will be key to continue growing and generating value through tumultuous years going forward. In this piece, Ontra goes over 9 challenges it believes private equity firms will face this year. ↗

AWARDS

KnowledgeNet has been awarded the Best Functionality & Features award at the GetApp awards. GetApp is a software company based in Barcelona. ↗

Bite Stream has won ‘Best Fundraising and Investor Management Software Solutions UK 2024’ at the Global Business and Finance Magazine Awards 2024. ↗