This Week’s Vendor News

NEW & UPDATED PRODUCTS

73 Strings introduces 73 Extract. 73 Extract transforms unstructured data into structured, actionable information. This allows for a fresh perspective on data, enabling more informed and strategic investment decisions. Key features of 73 Extract include: automated data extraction, natural language processing, data normalization & structuring, scalable data management and an audit trail & transparency. ↗

Arcesium launches the Aquata data platform. Aquata’s cloud-native technology and services are designed to enable firms to ingest, validate, harmonize, analyze, and distribute data across its portfolio of investments, funds, and investors. The self-service integration and analytics tools in the data platform allows organizations to derive insights from new sources, types, and data formats. Purpose-built for financial services, Aquata is developed to provide a synchronized source of information for all funds, asset classes, and datasets to power business operations, drive decision-making, and variabilize costs. ↗

MSCI unveils Private Credit Security Terms, to gain insights into the securities within private credit funds. Credit Security Terms were created for investors with a focus on private credit; this new offering provides visibility into the securities within the portfolio and their terms and conditions, along with proprietary data-driven insights, helping users to assess risk and make strategic decisions. With this new feature, data is continuously gathered from original source documents provided by managers, augmented with research, and classified and checked. How do clients use Transparency Data? 1 - GPs need to measure exposure, underlying performance drivers and macro investment/divestment activity to optimize portfolios. 2 - Fund-of-funds managers, asset managers, and advisers (both limited and general partners) who oversee diversified portfolios, need to monitor underlying holdings, identify trends and enhance decision-making. ↗

Daloopa introduces new Marketplace UI and Data Status Update & Notifications. Daloopa’s new marketplace UI is designed to be personalized around the analyst. The main benefits of this update are: 1 - Simple search to get to your coverage immediately, 2 - See your existing coverage right when you log in, 3 - Know instantly about data update status with ETAs and notifications, 4 - Take action with next steps, 5 - Set up notifications for how you want to be updated going forward, 6 - Get access to resources when you’re stuck. What has changed? 1 - Navigation panel 2 - Simplified Company or Ticker Search 3 - Personalized Homepage 4 - Easy Tabular Snapshot on Your Coverage 5 - Real-time Data Update Status. Additionally, Daloopa's new Data Update Status and Notifications feature is designed to give Daloopa Plus users real-time status and ETAs for data availability earnings—making workflows more efficient. saving time and stress. Benefits of this new feature include: 1 - Real-Time Visibility of Data Status, 2 - ETAs for Key Data Points, 3 - Dynamic Highlighting for Updated Data, 4 - Personalized Notifications. ↗

Fintent rolls out new platform features based on feedback from early adopters. These new features are: 1. Search bar + Company profiles: search for companies + view current and historical scores for companies of interest. 2. Screeners: monitor lists of companies with predictive signals like the M&A Score, CapRaise Score, Distress Score and Deal-Maker Score and get monthly email alerts as soon as the new scores are available. 3. Lists: upload known lists of companies for ad-hoc prioritization. Also, organize companies into lists to filter reports or to exclude from company searches. 4. Advanced search: search for companies by industry, company size, keywords within company's website text, transaction/funding data and more and use AI assist to help you zero in on relevant companies. Additionaly, all of the sections are now interconnected, so users can create a screener from an uploaded list or company search. ↗

Broadridge Financial Solutions launches AI-powered algorithm insights service. Driven by real-time liquidity mapping, the service is designed to allow asset managers, hedge funds, and other buy-side firms to achieve accuracy, seamless workflow integration, and proven cost-efficiency. This approach identifies the ideal algorithmic execution for any given order, reducing outliers to improve overall trading costs. Traders benefit from real-time alerts and in-trade analysis, allowing for in-flight adjustments to stay aligned with their objectives, ensuring optimal strategy selection throughout the trading process. ↗

Atominvest unveils its new website. The website can be found at: https://www.atominvest.co/ ↗

DEAL ACTIVITY

SEI acquires LifeYield, a Boston-based, tax-smart technology provider. Through this acquisition, SEI will provide real-time, automated unified managed household capabilities in a bundled overlay solution, providing the industry with the ability to look across all account registrations and implement a financial plan to best optimize after-tax returns. LifeYield’s capabilities provide three benefits, which include improving efficiency for advisors and wealth managers, improving outcomes for investors, and enabling tax-efficient investing at scale. With the addition of LifeYield’s technology, SEI’s UMH capabilities will include: asset location, tax-loss harvesting, ongoing and tax-efficient multi-account household portfolio, management and rebalancing, ax transition services, withdrawal optimization across multiple household accounts and social security benefits for retirement income. All of LifeYield’s APIs will be integrated into the SEI Wealth Platform to help accelerate investment implementation across multiple accounts within the same household. SEI intends to expand these capabilities with a new front-end solution for on- and off-platform distribution to help financial advisors, institutions, and asset managers better manage and implement household accounts. As part of the acquisition, SEI will welcome LifeYield team members with technical, sales, client service, and marketing experience. ↗

OneTrust transitions its Convercent Ethics and Compliance solution to EQS Group. EQS Group is an international cloud provider in the areas of corporate compliance, investor relations, and sustainability reporting. As part of the deal, OneTrust's Convercent Ethics & Compliance team is moving over to EQS Group. This transition is limited only to the Convercent Ethics & Compliance solution and does not impact any other OneTrust solutions or its third-party due diligence capabilities. ↗

PARTNERSHIPS & INTEGRATIONS

Chronograph and Carta have integrated so mutual clients will now benefit from automatic data exchange and display of Carta cap table data within the Chronograph for General Partners platform. By integrating equity ownership data alongside portfolio company KPIs in a centralized platform, investors can gain a holistic view of their private equity portfolios and streamline reporting on Chronograph GP. Mutual clients can now view Carta cap table data directly within the Chronograph GP platform, with simplified configuration, access, and analysis. ↗

Datamara and Deloitte collaborate to support European businesses with their sustainability strategy and reporting needs. Under the agreement, Deloitte will use Datamaran’s double-materiality analysis software for clients in Italy, the Netherlands and Belgium, to monitor their sustainability risk factors and meet compliance demands. Datamaran’s software platform allows clients to monitor over 400 external risk factors, and its database of 9,000 companies lets customers benchmark themselves, set targets, and drive efficiency and profitability. ↗

J.P. Morgan Asset Management partners with CAIS to expand advisor access to alternatives. An evergreen private equity vehicle focused on secondaries and co-investments is now avalable on CAIS Marketplace with plans to scale the partnership and add additional J.P. Morgan strategies to the platform over time. J.P. Morgan Asset Management will also gain access to CAIS’ online education platform (CAIS IQ), digital marketing support, and integrations with custodians, reporting providers, and fund administrators. Additionally, the firm will benefit from a custom analytics dashboard designed to optimize their platform engagement, pipeline management, and sales efforts. ↗

Brunel Pension Partnership appoints AssetMetrix for data management and investor technology. Brunel has partnered with AssetMetrix to manage private markets data and enhance investor technology, streamlining data processing and aggregation while providing tools for reporting and analytics. This collaboration enables Brunel to focus on strategic decision-making and delivering long-term value for the pool, leveraging AssetMetrix’ platform to drive efficiency, transparency, and performance. AssetMetrix's platform will enable Brunel to streamline data processing and aggregation, while offering the toolset to give investors insights into private market assets. This will enable Brunel to focus on strategic decision-making and delivering long-term value for clients . ↗

FactSet and MT Newswires strengthen relationship to enhance financial news and AI capabilities. This mutual collaboration allows FactSet to deliver MT Newswires’ data through its AI delivery channels, such as The FactSet AI Partner Program and GenAI Data Packages. This provides data-driven technologists across financial services firms and fintech companies access to MT Newswires’ news, alongside FactSet’s structured and unstructured data solutions, to generate AI-powered insights via one unified source. Simultaneously, MT Newswires will deploy FactSet’s Media Flagship Workstation and datafeeds into their newsroom to provide reporters with financial content. FactSet’s data coverage enhances media companies’ value by providing insight into global companies, securities, markets, and sectors. This allows media companies to improve the quality and depth of their financial reporting and benefit their readers and viewers with accurate and insightful content. In 2025, FactSet will expand access to MT Newswires’ content via FactSet Mercury, the company’s conversational knowledge engine, which includes next-generation search intelligence, now enhanced by MT Newswires’ insights. FactSet and MT Newswires will also seek additional opportunities to distribute their content through FactSet's cloud solutions, targeting new ways for clients to leverage MT Newswires’ data. ↗

B4Finance launches strategic partnership with Dynamo Software. B4Finance delivers an AI-powered solution to simplify investor onboarding and automate KYC/AML processes globally. Together, both companies are introducing a fully integrated platform that streamlines operations across the entire investment lifecycle. ↗

PricingDirect and Aumni partner to deliver independent valuations for private equity securities. This collaboration leverages the strengths of both entities to offer a solution that enhances transparency and efficiency in the valuation process, helping investors navigate the complexities of private equity investments. By combining PricingDirect's experience in evaluated pricing and Aumni's private market and advanced data analytics capabilities, the partnership offers investors the ability to receive valuations that are both reliable and aligned with industry standards. The partnership is designed to assist investors in complying with the Financial Accounting Standards Board's ASC 820 and in meeting the requirements of the US Securities and Exchange Commission's Rule 2a-5, which governs the fair valuation of fund investments. A key component of this partnership is the integration of Aumni's private investment structuring capabilities and Market Insights product. By utilizing this tool, PricingDirect is able to deliver informed valuations, ensuring fair value calculations incorporate trends in private market valuations. ↗

Mantle and Nasdaq Private Market launch streamlined data and liquidity integration for private companies incorporating open cap table format protocol. Mantle, an equity management platform, and Nasdaq Private Market have partnered to simplify the process for structuring company liquidity programs. The Mantle and NPM tech integration will connect and deliver Mantle cap table data directly into the NPM SecondMarket Company Workstation for private companies to build custom liquidity programs. Through NPM’s Cap Table Connect product, Mantle clients can run tenders and send cap-table data updates through an API integration that adheres to the Open Cap Table Coalition’s Open Cap Table Format. Private companies that leverage the integration will have access to a secure framework to transport data, experienced product specialists to help structure and facilitate tenders and auctions, transfer and settlement technology to ensure the delivery of shares and funds post event, as well as reporting and monitoring with transparency for companies, employees, and investors. ↗

Ocorian launches GP analytics solution with AssetMetrix to enhance real-time data insights for clients. The platform equips general partners with tools for live web reporting, workflow management, and data transparency, powered by AssetMetrix. This new solution is designed to integrate data from various sources, enhancing portfolio analytics and streamlining reporting resulting in more efficient operations and decision making. ↗

Advyzon collaborates with iCapital to enhance alts capabilities and reporting for financial advisors and family offices. This partnership will initially include data and fund activity integration from iCapital’s curated menu of alternative investment strategies into Advyzon’s portfolio reporting platform, as well as a seamless single sign-on experience from Advyzon to iCapital. Future enhancements will incorporate iCapital’s Document Center into Advyzon’s document vault, allowing Advyzon to surface alerts and tasks such as capital calls or subscription updates that appear in Advyzon’s CRM and dashboard. The integration between Advyzon and iCapital will also be available in Auria, the new offering from Advyzon Institutional for family offices and UHNW clients, which launches in Q1 2025. ↗

Invise partners with Position Green to deliver HubSpot solutions. This partnership revolves around three areas where Invise will drive results for Position Green: 1 - Streamlined support management - handling incoming support inquiries effectively, ensuring that Position Green's teams can maintain focus on core activities. 2 - Clearing backlogs and enhancing HubSpot utilization - addressing existing platform backlogs while leveraging HubSpot’s tools and functionalities to their fullest potential for better outcomes. 3 - Implementing structured prioritization - establishing an actionable roadmap that enhances employee efficiency and aligns tasks with strategic goals. ↗

Hollyport Capital chooses Canoe Intelligence for its portfolio monitoring process. Hollyport has engaged Canoe Connect to automate its alternative investment document collection workflow and Canoe Intelligence to systematize its data extraction processes. The firm will also leverage Canoe’s API to integrate with Holland Mountain Atlas for downstream data needs. In its exploration of portfolio monitoring solutions, part of a broader technology stack refresh, Hollyport was drawn to Canoe for its ability to ingest documents automatically and the platform’s simple user interface and data accuracy. ↗

Northern Trust appointed by First Sentier Investors as third-party administrator. Under the terms of the new mandate, Northern Trust will integrate a range of front-to-back solutions for the manager’s public market fund business in Australia, Ireland, Singapore and the United Kingdom. Services provided include custody, depositary/trustee services, fund accounting, share-class hedging, transfer agency and regulatory reporting services. Northern Trust has provided US custody and fund administration services to First Sentier Investors since 2005 and will continue to offer middle office solutions, which it has provided since 2020. ↗

First Abu Dhabi Bank has chosen Broadridge Financial Solutions to support the build out of its global agency securities finance business. This collaboration helps with the expansion of securities finance within the UAE and the broader Middle East region. By leveraging Broadridge’s Securities Finance and Collateral Management solution, FAB will enhance its coverage of global fixed income and equities markets. ↗

First Merchants Private Wealth Advisors adopts SS&C Trust Suite. First Merchants Private Wealth Advisors has implemented the SS&C Trust Suite to support its private banking and trust businesses. SS&C was chosen following a six-month RFP and review process of several technology and service providers. The decision was driven by the level of integration among the SS&C's components and the team's support. Recently, First Merchants outgrew its legacy trust accounting system, CRM platform, and investment reporting tools. As a holistic wealth advisory firm, they sought a more integrated, scalable solution for both their advisors and clients, ultimately selecting SS&C. ↗

Lux Capital chooses Standard Metrics to streamline its portfolio monitoring process. Lux Capital, a venture capital firm based in New York City and Silicon Valley with $5+ billion AUM, sought a solution that would help offer a user friendly, customizable and interoperable solution for their front, middle, and back office teams. With the Standard Metrics platform, Lux Capital’s portfolio companies will be able to save time by replacing their current manual reporting process while offering new benchmarking insights and a source of truth when it comes to company performance. Once implemented, the Lux Capital team will leverage Standard Metrics as their source of truth for KPIs and investment data, and to streamline their audit, LP reporting, and portfolio reviews. ↗

OFFICE & PERSONNEL

Anaplan names Neil Thomas as Senior Vice President of Applications - Finance. Thomas will lead the development of Anaplan Applications for the Office of the CFO - solutions that leverage capabilities and configurability of the Anaplan Scenario Analysis and Planning Platform. Thomas began his career in finance as Vice President of Finance for datacomms startup Tricom Group. Since then, he’s spent more than 20 years selling to and serving finance leaders in senior Go-to-Market roles at organizations including Prevedere, Adaytum, Adaptive Insights, and Vena Solutions. In his new role at Anaplan, Thomas will report to Anaplan’s Chief Product and Technology Officer, Adam Their, and will collaborate with the company’s Go to Market team. ↗

IDR appoints Gray Sain as Business Development Director. Based in New York, Sain will focus on forging strategic new client relationships leveraging his network across the legal, investment banking, and private wealth sectors. Sain joins IDR from the international law firm Willkie Farr & Gallagher, where he led business development initiatives for their Asset Management Department, with a focus on Private Funds, Registered Funds and Regulatory & Enforcement practice groups. ↗

Bain & Company makes leadership changes in its digital practices—including AI, Insights, and Solutions and Enterprise Technology—to scale its capabilities as the firm continues to experience client demand across these areas. To start, Chuck Whitten has rejoined the firm as the global head of its digital practices to lead its work across Bain’s digital capabilities, including artificial intelligence, data science, enterprise technology, innovation, and design, with a focus on ensuring the effective adoption and integration of these digital capabilities across all of Bain’s core practices and client work. Whitten returns to the firm from Dell Technologies, where he served as Co-chief Operating Officer, following a previous 22-year career with Bain, including as a member of the firm’s Board, chair of its strategy committee, and managing partner for Bain in the US Southwest. Bain has also promoted Sarah Elk to the role of Americas leader of its AI, Insights, and Solutions practice. She previously served as global leader of the firm’s People and Organization practice. Stuart Sim will lead the global delivery team with responsibility to drive and grow its AI, data, analytics, architecture, and engineering teams. Roy Singh will be responsible for AI strategy and solution development for the firm. He will work with the firm's AI ecosystem to develop market-leading AI solutions that drive value for the firm's clients. Miles Cook will lead the firm’s alliance partnership group, managing relationships with third-party firms who support Bain client projects. In the digital arena, this includes Bain’s partnerships with AI labs, cloud service providers, SaaS application vendors, and AI, technology, and business services providers. ↗

Stephanie Clarke has been promoted at Broadridge and is now its new Head of International Strategy and Corporate Development. In her new role, Clarke will lead strategic initiatives, collaborate on mergers and acquisitions, and establish an International Market Advocacy Platform. Clarke brings experience from her previous role as Senior Vice President of Data and Analytics. She will also continue her leadership in promoting diversity, equity, and inclusion within the organization. ↗

SUBSCRIBE welcomes Mutaz Qubbaj as Chief Revenue Officer. Qubbaj brings over 25 years of leadership experience across finance and fintech – focusing on driving growth and innovation. Prior to joining SUBSCRIBE, Qubbaj led the business development efforts at NowCM, a global DCM issuance automation company and in various roles at financial institutions such as Morgan Stanley, Credit Suisse, PIMCO, and Citi. In 2015, Qubbaj founded Squirrel, a UK personal finance fintech. ↗

SEI files exemptive application for ETF multi-share class. The type of fund structure can provide investment flexibility and growth opportunities for investment advisors. SEI has filed the exemptive application with the Securities and Exchange Commission, seeking approval to establish an ETF multi-share class structure of mutual funds administered and distributed by SEI. ↗

Sruthi Rajasekaran has been promoted to Global Research Manager at Finquest. During her almost-four years at Finquest, she has led projects across diverse industries, refined research processes, and also played a role in setting up the data operations and research teams in Finquest's Toronto office, contributing to the establishment of its North American presence. In her expanded role, Rajasekaran will oversee process improvements to enhance efficiency and she will manage the collaboration between Research and Technology teams to continually refine its product offerings and operational capabilities. ↗

Liz Davenport has joined PortF, where she will be advising on Marketing and Communications. Davenport will continue her role at Hertalis, while providing dedicated support to PortF along their growth journey. ↗

VENDOR RESEARCH & WHITEPAPERS

Mergermarket has a new blog, "Private equity and AI: GPs turn their focus toward portfolio company upgrades". In this blog, Mergermarket goes over three key beliefs of private equity and AI - 1 - PE firms must inject AI into portfolio companies to ensure optimal exit outcomes. 2 - AI integration should be a holistic process to account for wider industry disruption. 3 - Assessing AI readiness in companies’ data will be a new due diligence priority. ↗

IQ-EQ has a new blog, "Why outsourcing your financial statements preparation is becoming a must rather than an option". In this blog, IQ-EQ explains why it feels that outsourcing the preparation of annual financial statements offers numerous benefits to investment managers, ranging from access to specialized expertise to a smoother audit process. ↗

AWARDS

Canoe Asset Data has been named "Best New Technology Introduced Over the Last 12 Months" at the WatersTechnology.com American Financial Technology Awards. Hosted by WatersTechnology, the aim of the American Financial Technology Awards is to recognize the deployment and management of financial technology within the asset management and investment banking communities. The AFTAs honor this by recognizing the third-party technology providers who create these solutions and the firms that utilize them to optimize their operations, including banks, brokers and asset managers. ↗