This Week’s Vendor News

NEW & UPDATED PRODUCTS

Ontra has launched Ontra Atlas, an entity management solution designed specifically for private investment firms. Ontra Atlas streamlines the organization and management of legal entities and workflows associated with firm and fund operations. ↗

Canoe has launched Email Notifications for Data Extracts, which aims to transform how alternative investors manage and utilize their data. This new feature was driven by the need to provide its alternative investor clients with flexible access to their data. ↗

M Science has launched the Public Cloud Instance Tracker and Data Center & AI Dashboard. Data Center & AI Dashboard tracks all major cloud component/semiconductor vendors. Public Cloud Instance Tracker follows major public cloud providers with data covering Cloud Service Provider Infrastructure-as-a-Service. ↗

Inex One has launched its AI-Powered Transcript Summary feature. This allows key insights to be extracted from your calls to generate executive summaries of each expert interview, using AI. The summary is automatically generated and available within minutes via email and on Inex One. ↗

S&P Global has released a new version of its Capital IQ Pro workstation, which integrates all of the data acquired via the vendor’s purchase of IHS Markit, along with new charting resulting from its acquisition of ChartIQ. And by year end, the S&P expects to add a generative AI search interface dubbed ChatIQ. ↗

Palico has released its new website. As secondaries continue to gain momentum, Palico created a streamlined and secure digital environment for PE secondaries. ↗

Delio has launched its new Vaults functionality as part of the flagship Delio Core platform. Vaults enables financial institutions to syndicate deals to selected industry partners, across wider ecosystems, or as part of a B2B2C distribution strategy, all while enhancing operational efficiency and reducing regulatory risk. This means that firms can create private distribution networks across a unified digital infrastructure. ↗

DEAL ACTIVITY

Deutsche Börse’s final tender result for its public takeover of SimCorp has been announced, with the company holding 93.97% of the share capital and voting rights in SimCorp upon completion of the acquisition. Deutsche Börse entered into a binding agreement to acquire SimCorp in an all-cash public takeover in April, with the acquisition at the time expected to complete in Q3 2023. ↗

PARTNERSHIPS & INTEGRATIONS

Addepar has announced a collaboration with London & Capital, an international wealth & asset manager based in the UK. This partnership will bring data modeling, portfolio analytics, tailored investment management and performance reporting to London & Capital's wealth management clients around the world. ↗

iCapital has partnered with Eurazeo, a global investment company with a diversified portfolio of €35 billion AUM. Eurazeo will leverage iCapital’s technology and iCapital Marketplace to support Eurazeo in distributing its suite of alternative offerings to wealth managers globally. ↗

Anaplan has partnered with Embark, a business advisory firm founded in 2010. This strategic partnership will offer tech solutions to provide data and analytics, which will help drive growth for the company. ↗

PE Cube has announced a partnership with Twenty First Capital. PE Cube will be the solution used by the Twenty First Capital teams as part of their new "Private Equity Fund Management" offer for PE management companies. ↗

Envestment | Yodlee has announced a partnership with Akoya to provide a secure and reliable network-based option for sharing consumer financial data. Envestnet | Yodlee plans to make Akoya network connection available to its client base by the end of the year. ↗

Partnership for Carbon Accounting Financials (PCAF) has launched a new activity to support the growth of consistent carbon emissions disclosures across the global financial system, and and has named Persefoni as among the first PCAF-accredited SaaS providers under the partner program. ↗

Carta has integrated with Assemble and users can now view Carta Total Compensation benchmarking data and cap table information within the Assemble platform, making it easier to build a startup compensation strategy. Previously Assemble customers had to log in to Carta separately to access Total Comp or their company’s cap table. With the new integration, you can view equity compensation data immediately after uploading your cap table into Assemble, allowing you to create a compensation strategy without toggling between the two platforms. ↗

HIRING & PERSONNEL

Apex Group has appointed Stephen Geddes as Regional Head – United Kingdom, responsible for overseeing the delivery of Apex Group’s single-source solution to global clients. Geddes joined Apex Group through the strategic acquisition of Mainspring Fund Services, where he was the Founder and CEO. ↗

Preqin has announced that Rochelle Daly has joined the company as its new VP Strategic People Partner – Commercial. Daly will partner with leaders in its Business Units, Product, Product Design and Strategy teams to support their growth and leadership ambitions. ↗

73 Strings has announced the appointment of Himanshu Gothi to Toronto team as Vice President. Most recently he was a Senior Associate at Valuation Research Corporation. ↗

Broadridge has announced the appointments of Michael Tae and Doug DeSchutter as Co-Presidents of its Investor Communication Solutions (ICS) business, effective October 1, 2023. In their new roles, Tae and DeSchutter will be responsible for all aspects of the company’s ICS business segment, including the bank broker-dealer, corporate issuer, mutual fund and retirement, and customer communications solutions businesses. Additionally, current President Bob Schifellite will move into a new advisory role engaging with clients and advising Tae and DeSchutter. ↗

Anaplan is moving its headquarters to Miami after more than a decade in San Francisco. Anaplan, which has about 2,000 employees worldwide and was acquired by Thoma Bravo for $10.4 billion last year, will relocate to an office it’s opening in early 2024. ↗

Allvue has published: Private Equity Deals: The Biggest Transactions of the Year So Far. One finding is that the private equity market in general is experiencing a slowdown compared to years past. ↗

73 Strings have hired Matt Sargent as VP of Sales. Most recently he was Head of Enterprise Sales for Private Equity, Venture Capital, and Fund Administration (Americas) at Allvue. ↗

Jo Barnett has joined Preqin as its SVP, Talent, Culture & Engagement. In this new role, Barnett will be looking after all touchpoints in the employee life cycle centered on experience. Most recently she was Strategic Director Learning, Culture & Belonging at Onfido in London. ↗

DealCloud has announced that Chris Webb is now Vice President, Head of Account Management, EMEA & APAC. Most recently has was Director, Head of EMEA Account Management at DealCloud. ↗

VENDOR WHITEPAPERS

Preqin has published: Service Providers in Alternatives 2023: Preqin Report. One key finding is that with alternatives set to hit $23.3tn AUM by 2027, service providers remain well-positioned for continued growth, which has attracted more GPs to the market. ↗

Position Green has a new report called, Cracking the ESG Code in the US: Double Materiality Assessments Unleash Hidden Financial Potential. This article discusses the critical role of materiality assessments for US companies, highlighting their financial value and outlining their importance in identifying and prioritizing ESG issues. ↗

Decimal Point Analytics has released: Shaping the Future of Finance: Sustainability, AI, and ESG Insights. In this blog, they find that financial services should look at climate change not as a survival threat but as an opportunity for growth and positive impact. ↗

Position Green has released a new Insights Report: Why ESG due diligence in private equity is business critical, and can drive positive change. ↗

Pepper has released a new blog: Why AI is not just a Buzzword for Asset Managers. ↗

DiligenceVault has published a new whitepaper: Building A Scalable Sustainable Investing Framework. One key finding is that scalable & sustainable investing framework requires an integrated focus on three elements – good governance, data collection, and analytics & reporting. ↗

Cyndx has released a new blog, Why is it Hard to Raise Funding? Cyndx found numerous factors that contribute to the difficulty of raising growth capital, ranging from market conditions, changing investor preferences, the competitive position of the business proposition, and networking capabilities. ↗

KEY ESG has released a new whitepaper titled, The ultimate guide to CSRD compliance. It includes implementation timelines, eligibility criteria, a metric overview and an explanation of new CSRD reporting requirements such as double materiality assessments, digital reporting and data assurance. ↗

Titanbay has released a new report: Artificial Intelligence and the Shifting Technology Landscape. One finding is that while AI is poised for even greater transformation, it also has the potential for significant disruption. ↗

Maestro by Accordion has published: Renewing a Focus on Value Creation Planning to Meet IRR Expectations. Some examples of how value creation planning can identify any number of untapped or out-of-the-box initiatives that could lead to new growth, are: Utilizing data to predict customer purchasing behavior, raising prices on existing products and services and introducing new products. ↗

OneTrust has released - Embracing responsible AI: Presenting OneTrust AI Governance. This blog addresses the growing challenges of AI governance, ensuring visibility, lifecycle management, and risk mitigation. ↗

Gain.pro has released its latest report: "The Europe 250," where they have analyzed and ranked the largest, most active investors in Europe. Rankings are based on the size of the underlying portfolio and is calculated with a proprietary Gain.pro algorithm that captures both the geographical element as well as the investor specific technicalities. ↗

AWARDS

Decimal Point Analytics has been awarded the Intel Oracle Global Leaders Award for ISV of the Year in the APAC region for 2023. ↗