This Week’s Vendor News

NEW & UPDATED PRODUCTS

ApeVue rebrands to PM Insights (Private Market Insights). PM Insights’ expanded capabilities include: 1 - Integrated public market data, to draw conclusions between private companies and indices. 2 - Advanced analytic tools that assess private stocks beyond price, valuation,and return. 3 - Expanding data reach through key partnerships with asset infrastructure providers, allowing PM Insights to deliver comprehensive insights and analytics 4 - Expansion into new asset classes, delivering transparency across the private markets spectrum. ↗

SS&C launches FundCentre Fundraising. SS&C's new FundCentre Fundraising solution is an integrated platform built to help users seamlessly launch and close their next fundraise. This new fundraising solution automates your marketing outreach, while giving you real-time visibility into every aspect of your fundraising status. With FundCentre Fundraising, users can: track engagement, streamline investor onboarding and enhance due diligence. ↗

Fintent releases V2 of its deal-sourcing platform. What's new: 1 - Fintent sped up the platform and increased coverage/signal quality. 2 - The ability to track 1M+ US companies with predictive signals with screeners. 3 - Create screeners by uploading a list or using company search. 4 - Find companies by filtering by geo, industry, funding/transaction data + keywords that appear within company's website text. 5 - Download company searches/screeners/lists. 6 - Get email alerts for screeners. ↗

CB Insights launches its newest feature, Markets. With Markets, users can compare signals from a comprehensive list of markets to pinpoint the next big bet. Users can view industry leaderboards or evaluate markets across sectors based on equity funding growth, headcount growth, exits, and CB Insights' proprietary Mosaic and Commercial Maturity scores. Users can drill into each market to view direct quotes from buyers and vendors plotted on a quadrant based on Execution, Strength and Positioning. Data for the 1,400+ markets are curated by CB Insights' proprietary data science and team of analysts. ↗

RepRisk launches Regulatory hub to help users navigate ESG topics, regulations, and frameworks. Examples of topics include: The EU’s Corporate Sustainability Due Diligence Directive (CSDDD), biodiversity, global crackdown on greenwashing and supply chain due diligence. ↗

Markov Processes International has added tax-adjusted asset allocation simulations for financial advisors, wealth management firms and investment professionals working with taxable accounts. The functionality is within Stylus Pro, the firm’s flagship investment analytics software. MPI’s new tax-adjusted simulation capabilities will provide more realistic and appropriate forecasts of future outcomes, resulting in better asset allocation decisions for their clients. MPI also announced the addition of portfolio fee-adjustment capabilities so that wealth and investment management organizations can adhere to the new “Marketing Rule” directives. This enhancement will help MPI clients deliver compliant presentation of gross and net performance returns in published materials. ↗

Specter has new features on its platform. The new updates to Specter are as follows: an investor database, weekly funding & growth signals, Strategic Signals integration, all-new table design, updated HQ locations & filtering and new funding date filters. Specter's new Investor Database is an overview of 250,000+ VC funds, PE firms, angel investors, and more. Key features include: detailed profiles, funding rounds, acquisitions, IPOs, investor ranking, investor highlights, and updated filtering capabilities. With the release of the Investor Database, Specter also connected all investor profiles with Strategic Signals, so users can see who they are talking to right now. ↗

Drooms unveils Drooms Chat. With Drooms Chat, users no longer need to switch between email, Teams, and WhatsApp to get deals done. Users can instantly connect, securely share documents, and accelerate decision-making all in one place, without juggling between platforms. ↗

Affinity launches new Automation Builder. The Automation Builder lets users define and autofill predictable deal information, which reduces repetitive actions and fast-tracks deal discovery and engagement. Since users spend less time on predictable data entry, this helps to avoid human error and saves many hours of admin time. ↗

Predictions and Insights are now available in the Crunchbase API. Predictions and Insights offer predictive intelligence about private companies by combining Crunchbase's proprietary private company data with AI. Currently, users can access the following Predictions and Insights within the Crunchbase API: 1 - Growth Insights show a particular company’s growth trajectory so you can identify healthy companies for partnerships, investments, and sales. 2 - Funding Predictions show you the likelihood of a private company securing funding in the near future, helping you identify up-and-coming opportunities and gain an edge over your competitors. 3 - News Insights aggregate the most important news and extract key company and industry information – including new partnerships, product launches, and expansion plans – so you can closely monitor the companies you care about and quickly adapt to changing market circumstances. 4 - Investor Insights analyze an investor’s historical movements to generate patterns and give you an understanding of their investment thesis at a glance. This makes it easier to source investors that align with your goals, identify high-growth sectors in the market, and improve sales forecasting and lead qualification. ↗

Addepar launches new trading platform. Addepar Trading is an all-in-one solution for trading and rebalancing, designed to deepen portfolio management capabilities. Benefits of the Trading Platform include the ability to: execute trades and rebalance at scale, streamline order initiation and validation, personalize strategies to meet clients’ needs and optimize order management. With Addepar Trading, users have access to: flexible model construction, bulk trading and household rebalancing, advanced order execution, pre-trade compliance checks and T-0 data. ↗

Addepar has also introduced Dashboards. Addepar Dashboards offer a customizable and way to view strategies, tasks, and portfolio data. Features include: 1 - Flexibility: create and customize dashboards with drag-and-drop elements, resizable widgets, and refresh scheduling. 2 - Enhanced design: Choose from custom color palettes and light or dark viewing modes to tailor the presentation. 3 - Interconnection: Seamlessly integrate data from across the Addepar platform for a cohesive data experience. ↗

Attio's newest feature launch is image support in notes. Now users can add images to any note or note template to keep all the context needed about a record in a single place. Users can also add captions to any image, and resize, realign, and rearrange it however they like. An additional new feature is the ability to view attribute edit history. Right-click on any attribute, users can now view its entire edit history. This makes it easy to understand how data has changed, who updated it, and when they made these changes. ↗

OneTrust has unveiled new capabilities to help operationalize compliance with the EU’s Digital Operational Resilience Act. Building upon its OneTrust Third-Party Management solution, OneTrust will now offer new capabilities such as automated DORA “register of information” report creation and screening and compliance data. These new features are: 4th- and nth-party risk management, two-click register of information reporting and enhanced risk and compliance data feeds. ↗

SS&C launches new mass email functionality. SS&C Tier1 clients can now send more mass emails with reliability and data analytics. Users can create targeted searches and distribution lists with speed, boosting mass email efficiency. ↗

Zapflow has unveiled three new updates coming to its platform. The first is fewer clicks equals more results; streamlined workflows so users can get more done. Next, is a fresh new look; a modern design that’s easy to navigate. Lastly, is personalization, users can customize Zapflow to fit their role and needs. ↗

Hyperscience has unveiled a few new platform features that will be dropping soon. The first is enhanced long-form extraction capabilities that will help users find the information they need in dense documents, saving time and reducing errors. The next new feature is improved workflow integration for smoother introduction of new documents into your system. Next is IT governance because Hyperscience is commited to achieving FedRAMP high accreditation by year-end. ↗

DEAL ACTIVITY

Integrum ESG has received a £3 million investment from YFM Equity Partners. This investment will fuel Integrum ESG’s next growth phase as they meet demand for transparent and timely ESG data. ↗

Salesforce signs definitive agreement to acquire Zoomin, the data management provider for unstructured data. Salesforce Data Cloud, with Zoomin’s capabilities, will accelerate the unlocking of unstructured data to power AI agents, making them more personalized and context-aware in customer interactions. With this, Salesforce’s Agentforce will gain new levels of intelligence, enabling customers to build AI that provides real-time, data-informed responses and actions tailored to individual customer needs. The acquisition is expected to close in the fourth quarter of Salesforce’s fiscal year 2025, subject to customary closing conditions. ↗

PARTNERSHIPS & INTEGRATIONS

Palmer selects Entrilia to leverage its technology platform for better operational efficiency and transparency. Through this partnership, Entrilia benefits from more efficient operational processes and real-time data-driven analytics to support enhanced internal and client decision-making. ↗

AirFund partners with IQ-EQ to structure its first feeder fund in private equity. AirFund is a digital marketplace established in 2021, which streamlines the distribution of private market funds (non-listed assets) to individual investors through specialized wealth management distributors. By partnering with IQ-EQ, AirFund provides a compliant structuring of the feeder fund in line with AIFM regulations. This strategic collaboration optimizes asset management and monitoring. ↗

Allvue and Octaura join forces to amplify trading in the leveraged loan market. By connecting Allvue’s Trade Order Management System to Octaura’s Electronic Loan Trading platform, this integration delivers improved trade order and execution management efficiencies, simplifying access to liquidity and execution strategies for financial institutions and asset managers. Users will benefit from the two-way connectivity that leverages Octaura’s access to liquidity and Allvue’s workflow solutions. Key advantages of this integration include straight-through processing of trades, real-time price discovery, and a seamless execution workflow. ↗

Addepar welcomes wealth.com to its partner program. This new integration allows users to sync client asset data to wealth.com to feed into clients’ estate plans, including visual reports, estate tax analysis, and asset flow projections. ↗

Fundamatic is partnering and fully integrating with Bipsync to serve its mutual clients. Allocators use Fundamatic to automate fundamental fund documents and data processing tasks. ↗

Commerce Bank selects FIS to provide loyalty solutions for customers. By leveraging FIS’ loyalty engagement solutions and its underlying APIs, Commerce Bank’s loyalty program will have the benefit of new customer marketing with insight capabilities, faster product roll-out, and back-end support on processes such as fulfillment, reporting, customer servicing, and related tasks. Commerce Bank will also leverage FIS Premium Payback, allowing its customers to pay with reward points seamlessly at the point of sale. ↗

Northwestern Mutual is now leveraging Alkymi to scale investments capacity and mitigate risk. By automating processing for data workflows with Alkymi, Northwestern Mutual is reducing risk and increasing capacity to scale and grow its portfolio. Northwestern Mutual can now speed up time to market for its data through seamless interoperability between its loan management and accounting systems and Alkymi's platform. ↗

Data Collective Venture Capital selects Standard Metrics. By eliminating manual workflows, reducing data entry pain points, and simplifying the migration of outdated contacts from a legacy tool, Standard Metrics has provided DCVC’s investment and finance teams with a centralized “source of truth” for portfolio metrics. This allows them to manage their data, saving time for sourcing new opportunities and driving diligence work. With Standard Metrics, DCVC can collect data and benchmark portfolio company performance. ↗

Nasdaq has expanded its digital bank fintech presence in Latin America. Nasdaq has agreed to provide its AxiomSL regulatory reporting solution to Nubank, a digital bank with over 100 million customers across Brazil, Mexico, and Colombia. The agreement extends Nasdaq’s existing partnership with Nubank which includes providing the technology that underpins the bank’s treasury function - managing its fixed income and money market operations - and now the bank’s regulatory reporting obligations in Colombia. It also reflects the demand for third-party financial technology solutions in Latin America, driven by the growth and development of digital banking in the region and the need for technology that can support a short time to market for new products and services. ↗

OFFICE & PERSONNEL

Michelle Bové is the new Director of Client Engagement at InvestorFlow. Before joining InvestorFlow, Bové was the Director, Digital Transformation and Sales Enablement at PGIM Private Alternatives. She also spent 10 years at Deutche Bank Asset Management as the Vice President, Alternatives Relationship Management. ↗

Lantern appoints Piers Dixon as its new Head of Sales. Based in London, Dixon will lead Lantern’s sales efforts as the company accelerates its expansion. Dixon brings previoous experience in private markets and an understanding of the data and operational complexities impacting GP’s. ↗

73 Strings welcomes Harjot Singh as Head of Implementations. With over 15 years of experience in implementations, valuations, commercial strategy, and fund accounting, Singh will play a role in ensuring its clients achieve seamless implementations. He will also help streamline 73 Strings' processes and optimize workflows. ↗

Dealstack introduces Brian Gouws as its newest Senior Software Engineer. Gouws brings brings prior experience in senior and team leader roles within the fintech and banking sectors. ↗

IQ-EQ granted license from Cayman Islands Monetary Authority to provide trust services. With this license IQ-EQ’s Cayman Islands team can now assist with managing a range of commercial and private client trust structures designed to optimize the financial benefits for Ultra High Net Worth families, family offices and corporations. ↗

Northern Trust Asset Management appoints Lyenda Simpson Delp as Head of Global Institutional Client Group. Simpson Delp will become Head of the Global Institutional Client Group, effective December 3. Simpson Delp will lead the strategic direction and commercial success of NTAM’s institutional businesses in the Americas, Europe, and the Middle East, and Asia-Pacific regions. Simpson Delp will be joining NTAM’s leadership team and will report to NTAM President, Daniel Gamba. Additionally, Mark Hughes has been promoted to Chief Administrative Officer, Asset Owners Americas. ↗

Filament Syfter welcomes Catherine Hadkiss-Prince as its new Product Manager. Hadkiss-Prince has 7 years of experience as a Product Manager, primarily in startup environments. ↗

Alto expands its leadership team with new hires. Alto has appointed Mark Bruno as Senior Vice President, Head of Product and Engineering and Alicia Mcllhinney as Vice President, Head of Marketing. Bruno was hired as Head of Product earlier this year, and was recently elevated to SVP of Product and Engineering. In his new role, Bruno will be responsible for ensuring Alto delivers on its strategy of enabling tax deferred investing in alternatives. Prior to joining Alto, Bruno was the VP of Product at Sensible, a weather-tech platform, and has over a decade of leadership experience leading product development at fintech companies. With more than two decades of experience, Mcllhinney joins Alto with a background in marketing and communications including marketing strategy, brand management, public relations, corporate communications, and growth campaigns. Most recently she was Head of Marketing at Archer, an operations-focused fintech company that works with investment managers. Mcllhinney has also held strategic marketing roles at FS Investments, SEI, and Lincoln Financial Group. ↗

Acuity Knowledge Partners appoints Gopakumar Gopalakrishnan as Senior Director, Head for Data & Technology Services Business Unit. Based out of Bangalore, Gopalakrishnan will focus on growing the business and brand in the custom technology space, formulating strategic decisions, driving P&L growth, leading pre-sales activities for Acuity's digital engineering practice, and developing bespoke technology solutions for its clients. He will also focus on positioning new technologies and AI-led solutions and will also oversee all client engagements within Acuity's Data and Technology Services business unit. Gopalakrishnan brings over 26 years of experience in the technology and consulting space, having held leadership roles at organizations such as LTIMindtree, Cognizant, EDS, and HCL Technologies. ↗

Bryan McCooey is the new Director of Business Development at Stavtar Solutions. Before joining Stavtar, McCooey was the Managing Director at IQ-EQ. He also spent time at Blue River Partners, Centaur and Kaufman Rossin Fund Services. ↗

Michael Lane has started a new position as Head of Asset Management at SEI. Before joining SEI, Lane was the Managing Director, Chair of US Wealth at BlackRock, where he spent over six years. Lane also spent more than 13 years at Dimensional Fund Advisors where his last role was Global Head, Strategic Retirement Initiatives. ↗

Moonfare hires Adam Banks as Head of Asia-Pacific. Banks has 12 years of financial industry experience including at private equity & asset management firms Blackstone, Brookfield Asset Management & EQT Group. ↗

Floww has secured FINRA registration, allowing it to offer private market investment services in the US. This registration permits Floww to act as an intermediary in buying and selling securities, providing its clients access to new opportunities while ensuring investor protection and regulatory compliance. ↗

Ontra has welcomed Milind Khandare as its new VP of Product Marketing & Content. Khandare will lead its global product marketing and content marketing teams, driving growth through thought leadership, strategic content, and initiatives. Before joining Ontra, Khandare was the Vice President, Product Marketing, Brand & Comms at C2FO. He also held senior marketing roles at SoFi and Intuit. ↗

James Hutchinson is the new Director of Business Development, EMEA & APAC at Stavtar Solutions. Before joining Stavtar, Hutchinson was the Sales Director, EMEA at Hazeltree. He also spent nearly five years at Northern Trust Corporation working in business development. ↗

Iain MacPherson is the new Head of Middle East at Titanbay. Until recently, MacPherson was the Sales Director at Artemis Investment Management. He also spent nine years at Standard Life Investments. ↗

Arcesium's office in NYC has moved. Arcesium is now located in Hudson Commons. ↗

VENDOR RESEARCH & WHITEPAPERS

Grata has a new blog, "AI's Transformative Impact on Private Equity". In this article, Grata breaks down how AI can help private equity firms stay competitive in a fast-evolving market, how firms can use the tech most effectively, and the challenges to avoid. ↗

Tablecloth has a new article, "The Investor's Playbook: Guiding Entrepreneurs with Metrics That Drive Success". Tablecloth writes that entrepreneurs are often laser-focused on scaling their businesses and may view ESG as a peripheral concern rather than a strategic priority. However, when private investors frame ESG within the context of growth, risk mitigation, and operational efficiency, the conversation shifts. This article explains how an investor can articulate the value of ESG. ↗

KYC3 has a new blog, "How to create a strong Customer Identification Program – CIP?". In this article, KYC3 delves into the key elements of creating a strong CIP and explains its role within the larger compliance ecosystem. ↗

AWARDS

S&P Global Market Intelligence has been awarded the Buy Side Risk Solution award at the Asia Risk Awards 2024. S&P's Buy Side Risk Solution, a cloud-hosted risk-as-a-service, provides asset managers with a suite of investment risk analytics covering valuation, market risk, stress testing, and emerging risk factors. S&P Global Market Intelligence also won the Best AI-Based Solution for Data Discovery at the Data Management Insight Awards USA 2024. ↗