This Week’s Vendor News
NEW & UPDATED PRODUCTS
Broadridge has launched BRx Match, a holistic cloud-based reconciliation and matching solution. The new platform automates the entire reconciliation process, resulting in improved efficiency, transparency and accuracy, while reducing risk and total cost of ownership. ↗
Canoe Intelligence has announced that it has achieved a 100% increase in YoY revenue growth and with this comes a rebrand, expanded mission statement, and plans for an expanded product suite. Some new features will include comprehensive workflow management tools for alts documents and data across the front, middle and back offices, expansion of coverage to additional datasets key to unlocking insights in the front office and a more integrated and connected ecosystem across GPs, LPs and administrators. ↗
Accelex has announced that its platform is evolving with new functionality, expanded coverage, and wider adoption. Updated functionality includes automated document acquisition and data extraction. ↗
Data.ai has launched the Community. The data.ai Community was built for professionals to engage in peer-to-peer conversations, join industry-specific community groups, stay informed on the latest product updates, create product ideas, and attend events. ↗
MSCI has launched the MSCI Sustainability Institute, which aims to drive progress on the role of capital markets in creating sustainable value and tackling global challenges such as climate change. The Institute will support collaborative endeavors by offering: access to data and know-how, exploration of new approaches, decision-useful research and forum for debate. ↗
Eleven has announced that August's software releases brought several new features and more usability enhancements to its customers. New features include: Send messages from your own email domain, new onboarding center, clearer permissions for investment contacts and more. ↗
Owlin has added a new Consumer Review Data feature, specifically designed for Risk teams within Payment Service Providers. Key features include: real-time feedback and risk alerts, advanced analytics, enhanced engagement and trust building and in-depth risk profiles. ↗
Salesforce has introduced the next generation of its AI technology, Einstein. Einstein now includes Einstein Copilot, which is a conversational AI assistant built into the user experience of every Salesforce application. Einstein Copilot Studio. It also includes Einstein Copilot Studio, which is a way for companies to build an entirely new generation of AI-powered apps with custom prompts, skills, and AI models. ↗
S&P Global Market Intelligence has launched Entity Insights, which is a single-source solution with data for 27 million global entities. This is a new solution to improve efficiency, reduce risk and increase data transparency in the entity due diligence process by automating the manual processes for gathering, analyzing and monitoring entity data. ↗
Katipult has launched DealFlow Central, which enables connectivity between investment dealers, institutions and subscribers. DealFlow Central is a secure cloud-based platform that connects deal participants in real-time and facilitates investment participation anytime. ↗
Equitis has officially become IQ-EQ France. This rebrand marks the completion of its integration plan in France, uniting and streamlining its operations under a single global identity to ensure consistency, clarity and a seamless experience for clients and business partners. ↗
ERM has rebranded, along with a new logo. ERM’s original brand had its foundations in science and nature. Its new brand builds on this heritage and the central role of nature in the future through the continued use of a spiral. It also captures economic and societal transformation. ↗
PE Cube has launched digital on-boarding, which enables asset management companies to digitally manage their LPs' subscriptions. ↗
Linnovate Partners has rebranded its technology platform from SMPNet to RAISE. RAISE stands for Robust Alternative Investment System Exchange, symbolizing the platform’s evolution and expansion beyond its original objective of automating fund administration’s manual mid-to-back-office tasks. ↗
DEAL ACTIVITY
IQ-EQ has added to its regulatory compliance services with the recent acquisitions of ComplianceAsia and Lymon. Its capabilities now include a range of compliance, administration, asset, and advisory services to investment funds, global companies, family offices, and private clients on a global scale. ↗
Following its acquisition in 2022, Vauban by Carta is now Carta. ↗
PARTNERSHIPS & INTEGRATIONS
Atfinity has announced a strategic partnership with Scrive, an e-signature and identification provider, to reshape end-to-end digital onboarding and client lifecycle processes. This partnership aims to redefine the full end-to-end client lifecycle and enable businesses to redefine processes like KYC, KYB, client onboarding, and loan origination. ↗
Broadridge have announced a collaboration with Salesforce to help wealth management firms scale their businesses, accelerate digital transformation, reduce cost, mitigate risk and increase advisor productivity. Through this collaboration, Broadridge’s books and records data consolidation, securities lending and financial advisor marketing systems will be available to Salesforce Financial Services Cloud customers. ↗
NEW CLIENTS
BlackRock has implemented +SUBSCRIBE to provide digital onboarding and subscriptions for private market offerings. The goal is to provide a seamless digital experience for investor onboarding, electronic subscription documents, and order workflows for investors. ↗
Burns & Levinson Asset Management have chosen Addepar for its services. Based in Boston, B&L offers personalized portfolio management to high-net-worth families, individuals, foundations and endowments. ↗
HIRING & PERSONNEL
Apex Group has announced the launch of its business in Korea to provide solutions to global asset management clients. Apex's new presence in Korea will supplement its existing regional offices in China, Hong Kong, Japan and Singapore. ↗
Affinity has hired six new people to its team, including Drake Danford as Manager of Business Development. ↗
Christine Dye has announced her new position as Chief Financial Officer at Altvia. ↗
IDR has added to its people function with the appointment of Hannah Holmes as People Director and Nicola Hawkins as Talent Acquisition Specialist. ↗
VENDOR WHITEPAPERS
Moonfare has released a new Insights Blog titled: As default rates rise, private equity eyes distressed investments. One key takeaway is that distressed investment opportunities have been limited during the last decade, but as debt defaults and insolvencies climb, deal flow is accelerating. ↗
Preqin has released a new Insights + Report - Alternatives in North America 2023. This report details how alternative asset investors are managing high interest rates, volatile equity markets, and an overall risk-off, or risk-wary, environment. ↗
Inex One has released Behind the Scenes of Stellar Surveys: The Data Quality Edition. This is part 1 of a 2 part series on data quality in the survey world to give professionals the tools to find the right partner for your next survey. ↗
ShareVault has published a new blog: Understanding a Virtual Deal Room. A VDR is a secure, online platform that allows organizations to securely store, manage, and share confidential documents and information related to business transactions. ↗
Datasite has released a new Insights Report: Deal Drivers: Asia Pacific HY 2023. In this report, it was found that M&A in APAC in H1 2023 was marked by a slowdown in big-ticket deals and resilience in mid-sized transactions. ↗
FundCount has published a new blog titled: The Role of Client Communication in Successful Asset Management. ↗
KEY ESG has released a new Whitepaper: Decoding ESG management tools: A buyer's guide for Private Equity firms. ↗
Chronograph has released: Gaining an Edge: How a Flexible Data Model Enhances Private Equity Data Collection. ↗
AWARDS
Broadridge has been awarded the WealthManagement.com Industry Award for its AIF® Designation Diversity initiative in the Diversity, Equity, and Inclusion category for technology providers. ↗
Filament Syfter has been awarded the CogX Award for Best AI Product in the FS/Fintech category. The CogX Awards celebrates the innovators and change makers impacting the world in the last 12 months. ↗
FactSet has won the Best Performance Measurement award in the 2023 FTF (Financial Technologies Forum) News Technology Innovation Awards. ↗
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