This Week’s Vendor News

NEW & UPDATED PRODUCTS

SS&C has launched the SS&C Blue Prism Next Generation platform. The Next Gen platform unlocks the full potential of intelligent automation by offering organizations greater scale, agility, and access to the latest capabilities through burden-free infrastructure maintenance via the cloud. The platform's cybersecurity and compliance features are also designed to give access to organizations with sensitive data or restricted systems access. This first release features: process design, centralized storage, secure execution and cloud-based operations. ↗

Grandview Analytics has introduced Rivvit's newest feature, Viewbuilder. Viewbuilder enables users to configure customized dashboards and ad-hoc queries without writing code. Rivvit is Grandview’s fully automated investment data management platform and reporting software that allows you to see integrated data from all your disparate systems in one place ↗

Hyperscience has launched Hyperscience Hypercell, an all-in-one enterprise AI infrastructure software platform. Hypercell is designed to accelerate transformational AI initiatives at scale. Hyperscience also announced improvements to Hyperscience R39, including updated proprietary ML models, applications, and automation workflows. Hyperscience Hypercell with R39 delivers accuracy and automation across the entire spectrum of documents and information assets. ↗

Citco has launched Citco Document Intelligence, its new AI driven solution. Citco Document Intelligence is an ‘AI Plus Human’ platform that offers fund managers and allocators a fully-managed document management service by combining AI and fund reporting experts. The service is relevant to all fund managers, fund types and asset owners, especially FoF managers. CDI also supports asset allocators who require transparency reporting, such as validating various investments fees. CDI interprets, organizes, and transforms documents into discoverable information and insights. ↗

Forge has released Forge Pro. Forge Pro brings institutional trading capabilities to the private market by providing investors with analytics to monitor live secondary market data and conduct transactions from one platform. ↗

Grata has launched Review Data, to gain insights into offline companies. Using Grata's AI, it now aggregates Review Data for different locations of a business, integrating this information into a unified overview of a company's reputation and customer satisfaction. Benefits of Review Data include: intelligent sizing for "offline" businesses, instantly identify the market leaders and streamlined efficiency. ↗

Bipsync has introduced a new feature on its platform. Now users can restore recently deleted research. This new feature simplifies the process of recovering deleted research. With just a few clicks, users can now restore deleted content directly in the Bipsync web app. ↗

Wealthblock has announced a new feature on its platform. You can now filter accounts in your CRM based on whether they have signed an E-Sign document. ↗

Affinity has unveiled its Q1 2024 product release, which includes new CRM features. The Q1 2024 product release combines artificial intelligence, data, and Affinity's knowledge of private capital to help users: accelerate portfolio support and growth workflows by saving time on repetitive tasks, get instant insights on a target company’s competitors for faster and more informed diligence and quantify the value of your network with automated reporting. The new CRM features are: Affinity Notetaker, Industry Insights and Introductions Summary Reports. ↗

IQ-EQ has unveiled new features of IQ-EQ Cosmos. New features include: Solvency II reporting, enhanced performance analytics, carried interest calculations, investor overview dashboard, SharePoint list & Power Query and embedded PDFs & video links. ↗

In February, Canoe Intelligence released its newest enhancement to its platform, the Document Rules Engine. Now available for all users of the Canoe platform, the Document Rules Engine enables users to create custom rules that can be triggered for certain document types, for a specific set of funds. Users can add as many rules as they wish, edit existing rules, and delete them from the same interface. The Document Rules Engine ultimately provides Canoe users with more automation and flexibility, by giving the ability to tag specific documents, flag them for review, or automatically approve them for straight-through processing without any manual intervention. These rules-based automations ultimately allow users to efficiently allocate resources and time. ↗

DEAL ACTIVITY

FundGuard closes $100M Series C Funding Round. This latest round of investment was led by Key1 Capital and new investors, including Euclidean Capital and funds managed by Hamilton Lane. This funding round also saw participation from existing strategic investors, plus the company’s earliest financial investors: Blumberg Capital and Team8. The funds raised in this round will be strategically deployed by FundGuard for ongoing investment in product innovation and continued onboarding of existing and new customers. ↗

PARTNERSHIPS & INTEGRATIONS

KPMG and Sweep have announced a strategic partnership to accelerate corporate sustainability. This partnership aims to accelerate corporate climate and ESG strategies. By combining KPMG’s multi-disciplinary climate and ESG experience with Sweep’s technology, this partnership will help companies to integrate sustainable performance into their business models at a time of climate crisis. ↗

Circleback now integrates with Attio. Circleback is an AI-driven meeting notes and action items platform. Circleback now integrates with Attio to automatically update your CRM with notes, action items, and other insights from meetings. Once you've set up a workflow with Attio, Circleback will look up the people you met with (using the emails invited to the calendar event) after meetings. For each person found in Attio, a note will be automatically added with the selected meeting outcomes. ↗

Atominvest has partnered with Vesper Infrastructure Partners, a European mid-market value-add infrastructure fund. Vesper invests in next generation infrastructure opportunities that align with global megatrends such as the energy transition, digital transformation, decarbonized mobility and logistics, and sustainable living. Atomivest's software will fully support Vesper's mission to create value for investors and will enhance their operational efficiency. ↗

Addepar has welcomed ORCA to its partner program. This integration syncs ownership and valuations information from Addepar to ORCA. ORCA uses this data to create dynamic structure charts that you can enrich with legal, tax, and compliance data. Benefits include: dynamic 360 degree view of legal structures, data all in one place, intelligent document management and zero-trust encryption. ↗

Since acquiring AdMetricks in early March, SimilarWeb is now integrating AdMetricks’ technology into the Similarweb platform. The plan is for Admetricks’ technology to form the core of a forthcoming Similarweb Ad Intelligence product, positioning SimilarWeb to help: brands and agencies better plan their digital ad strategy and media spend, publishers more effectively monetize their audience and all parties gain insights on ads, campaigns, advertisers, and industries. ↗

IQ-EQ has been appointed by Faros Point Capital Management. Faros Point has launched a new credit fund, which will focus on opportunistic credit investments in European public and private markets. Faros Point engaged IQ-EQ to provide a comprehensive suite of regulatory and compliance services in the UK and Ireland. ↗

IXS Holdings has selected SEI for cybersecurity and network operations through SEI Sphere. SEI Sphere’s network operation services, coupled with its cybersecurity program, will support better operational outcomes by streamlining network monitoring and management, threat detection, intelligence, and remediation. ↗

Corvus Group have joined the list of clients currently using TrustQuay Online. Corvus Advisers was founded in 2019 to provide legal, operational and compliance services to the private equity, venture capital and wider asset management industries. ↗

The corporate law firm, Warner Norcross + Judd LLP, has selected DealCloud as its relationship management platform. With DealCloud, Warner will have a single destination for its users to find and reference communications, workflows, and other data relating to client matters and engagements. Automated data capture and signature-scraping technology will help the firm build and manage a comprehensive view of its relationships with clients, prospects, and other contacts. By centralizing engagement data, Warner’s daily activities will provide new, actionable insights into client trends and industry developments. Warner will use DealCloud’s legal industry blueprint, which is preconfigured specifically for law firms. The blueprint includes features like automated contact management, relationship intelligence, opportunity tracking, and marketing capabilities. ↗

OFFICE & PERSONNEL

Validus Risk Management has welcomed Joseph Liberator as its Director of Business Development. Liberator will work with the existing team in New York to spearhead the continued growth of Validus’ presence in North America, with a particular focus on one of the firm’s core business pillars of risk advisory for private capital. Liberator joins Validus having spent a decade at Morgan Stanley covering foreign exchange and interest rate hedging for its private credit, private equity, infrastructure and real estate investing funds. ↗

Monica Wolfson has joined Markerr as its new Director of Sales. Wolfson has over 16 years of experience at Real Capital Analytics / MSCI, where she last held the position of Vice President, Sales Specialist. ↗

WealthBlock has announced the arrival of Richard Chmiel, its new Head of Strategy and Market Development. Chmiel has over 40 years of experience on Wall Street with knowledge of the investment management process and trading of all types of securities. He ran successful sales operations and grew revenue at multiple firms including Bloomberg and SunGard. ↗

Jean Robert has started a new position as Business and Product Development Executive at Verivend. Before joining Verivend, Robert was a Consultant and Investor at Strategic Guidance Advantage, where he spent over 7 years. ↗

Audra Spry is the new Director of Corporate Sales at AlphaSense, overseeing the Technology, Media, and Telecom industries. Spry has worked on sales teams at Thomson Reuters, ModMed and Gartner. ↗

Dana McAlexander is a new Strategic Accounts Director at OneTrust. Before joining OneTrust, McAlexander spent six years at DocuSign, where most recently she was a Strategic Account Executive- Southeast Region. ↗

Matthew Wollenhaupt has started a new position as Head of Product Operations at SS&C Technologies. Until recently, Wollenhaupt was the Vice President, Data Architecture and Business Intelligence at Benefit Street Partners. ↗

Additionally, Matt Leveille is a new Director, Fund Accounting at SS&C Technologies. Before joining SS&C, Leveille was at BNY Mellon for 10 years. ↗

SS&C Technologies is also expanding its global footprint by opening a new office in Abu Dhabi, United Arab Emirates. The Financial Services Regulatory Authority has granted SS&C full approval to deliver fund administration services within the Abu Dhabi Global Market. The newly established office in the Al Maqam Tower will enable SS&C to offer end-to-end hands-on fund administration services to clients.The fund administration offering in ADGM completes SS&C's full range of services to alternative fund managers in the Middle East. ↗

SS&C Technologies has announced another new addition and one promotion at the company. Neil Giavara is the new Director, Business Development and joins from Intertrust Group where he was Director, Senior Vice President of Business Development, Fund Services. Meghna Mergu has been promoted to Team Leader- Financial Services Operations and has been with the company for the last four years. ↗

Albourne has announced five new Partners at the company for this year. Ashli Aslin, Ash Gupta, Chantal Berendsen, Lucy Berrington, and Ronan Cosgrave have all been made Partner this year. ↗

Anduin Transactions has announced two new employees with the company. Jimmy Brasco is the new Relationship Manager at Anduin Transactions. Until recently, Brasco was a Senior Customer Success Consultant at Qualtrics in New York. Zaina Zaki is a new Account Executive. Zaki comes to Anduin from S&P Global where she was an Executive of Sales, Digital Transformation. ↗

T-Rex has introduced its newest team members, Sara Ferrari and Qian Liu. Ferrari was most recently a Senior Data Analyst at Cutove and Liu was a Financial Engineer at Moody's Analytics. ↗

Brian Park has joined Alkymi as its newest Project Implementation Manager. Before joining Alkymi, Park was an Assistant Vice President at iCapital. ↗

ERM has announced four new appointments at the company. Eleanor Barber is a SAP EHS Functional Consultant. Charles Barnett is a Senior Consultant (Aboriginal heritage). Wesley Tang is a Managing Consultant in Hong Kong. Garnet Agustin is a Consultant (Mineral Exploration). All four have joined ERM in March. ↗

Ontra has added five new team members to its company. Katy Heasty is a new People Business Partner. Ryan Hanni is a Director, Quality Engineering. Troy Fiedlander is a Staff Product Manager. Juwan Kadir is a Senior Sales Engineer. Christian Campos is a Senior Accountant. ↗

Arthur Salles has joined IDR as Client Services Manager for EMEA. Before joining IDR, Salles has been a Project Manager - Participant Recruitment Manager, at a couple of different companies in London over the last few years. ↗

Tracey Meleza is the new Interim SVP of Total Rewards at Preqin. Until recently, Meleza was the Vice President, Total Rewards and Recognition at Planet and before that she spent 14 years at Calypso Technology. ↗

VENDOR RESEARCH & WHITEPAPERS

Hypercore has a new post, ""Data Management 101" - A primer on what lenders need to think about to have better data management practices". This guide provides a walkthrough, how to overcome challenges, and leverage data effectively. ↗

AlphaSense has a new blog, "Debunking 5 Popular Expert Network Myths". In this blog, AlphaSense explores popular myths about expert networks and shows users how newer models can debunk those common misconceptions and reshape the future of primary research. ↗

Astrella has a new blog, "How To Remove An Investor From A Cap Table". In this article, Astrella covers the steps involved in removing an investor from a cap table as well as tips for navigating the process. ↗

Dynamo has a new blog, "Are Clunky CRMs Killing Your Deal Flow?" In this blog, Dynamo explains how tailored fintech can transform deal making and empower investors to win in the complex and competitive landscape. ↗

Quva has a new blog, "Build Vs. Buy: Exploring the Pros and Cons of Building vs Buying an Investment Platform". In this blog, Quva delves into the top x3 pros and cons of each approach to help users navigate this critical choice for your business. ↗

Asset Class has a new blog, "How Technology is Changing the Way Private Equity Firms Raise Capital". In this blog, discover how technology is revolutionizing capital raising for private equity firms through digital platforms, automation, and modernized investor interactions. ↗

AWARDS

Maestro has won at the 2024 Private Equity Value Creation Awards. Maestro took home the Value Creation Software Solution Award at the Actum Group awards n London last week. ↗

MSCI has been recognized as the 'Best Smart Beta Index Provider' at the SRP Europe Awards 2024. This is the second consecutive year that MSCI has received this award. ↗