This Week’s Vendor News

NEW & UPDATED PRODUCTS

Grata has introduced Ana, its AI-powered analyst for the private markets. Ana helps users with desktop diligence by answering questions about target companies quickly. Ana answers nuanced questions about competitive advantages, business drivers, and market trends affecting the business. ↗

Asset Class has launched its Investor Portal v3. With this launch comes a revamped user experience, including a redesigned interface for intuitive navigation. This launch also includes: an enhanced dashboard, informative investment view, streamlined investment resumption, expanded fund offerings view, and a new messaging feature. ↗

Cobalt has launched new data centers in various regions across the globe. The goal is to provide its clients with a choice of where their data is stored and processed. The new data centers will help mitigate data residency concerns and ensure that its clients can comply with their respective country's data regulations and their firm’s data governance policies. ↗

The Mercatus platform has been renamed Charles River for Private Markets. It's been two years since State Street acquired Mercatus and now Mercatus is taking the final step in its integration journey by renaming its whole platform. ↗

Allvue has launched its new IRR Hub within Allvue Portfolio Monitoring. The IRR Hub add-on allows users to: create IRR calculation scenarios (base, bull, and bear case performance forecasts), aggregate gross and net IRR calculations across entire funds, aggregate gross and net IRR calculations across industries or geographies, assign and modify hypothetical exit values by asset/investment, add fund-level expenses and configure cash flow mapping to align with varying IRR calculation methodologies or assumptions. ↗

S&P Global Market Intelligence has introduced S&P Global Marketplace Blueprints. Blueprints showcases how S&P Global datasets and solutions can be combined to solve common business use cases and workflows. ↗

ValueWorks has revealed its newest feature, The Forecasting Module. With this new feature, users get: 1) Comprehensive Forecasting: Utilize uploaded data or integrate directly with Google Sheets. Employ straightforward forecasting methods like linear progression or regression. 2) Future-Forward: Anticipate enhancements in upcoming versions, including exponential growth and seasonal factors consideration for nuanced KPI analysis. 3) Precision Planning: Evaluate the accuracy of various forecasting methods to tailor the best approach for your business needs. ↗

Visible has launched the Visible.vc AI Inbox, which is available to current users. The AI Inbox helps aggregate insights that exist siloed in data, files, and updates across a venture firm. Visible's AI Inbox works in three steps: 1) Forward emails to a custom AI inbox email address 2)Visible AI automatically maps data and files to portfolio companies 3) Investors can review and approve content before it is saved. From there, dashboards, tear sheets, and reports are all automatically updated on Visible. ↗

Mend.io has launched Mend AI. Mend AI helps users identify, track, and secure their AI and AI-generated code. Mend AI addresses critical, emerging, and growing needs for Mend.io's users using AI models. Mend AI can identify and provide information, including license, version, and any security notices, for all 350K AI models indexed on Hugging Face, an open source AI library and community. ↗ has launched Mend AI. Mend AI helps users identify, track, and secure their AI and AI-generated code. Mend AI addresses critical, emerging, and growing needs for Mend.io's users using AI models. Mend AI can identify and provide information, including license, version, and any security notices, for all 350K AI models indexed on Hugging Face, an open source AI library and community. ↗

Salesforce has announced its Data Cloud Spring ‘24 Release, which includes new updates to make data in Data Cloud more usable across Salesforce’s CRM applications and platform services. New updates include: Data Spaces is now GA, Model Builder is now GA, Data Cloud Related Lists is now GA, Data Cloud Copy Fields is now GA, Data Cloud for Industries Enhancements, Data Cloud for Industries Enhancements, Service Intelligence is now GA and lastly, Data Cloud Triggered Flows Enhancements. ↗

Similarweb has launched new product updates this month. App marketers can now access a complete view of their competitors' performance on both Android AND iOS platforms. Also, SEOs have access to an overview of their competitors' backlinks and referring pages, and Similarweb's keyword data has become more accessible. ↗

WealthBlock has announced a new feature on its platform. When using a custom calculcation in your report, users can now add it to their dashboard as a metric or chart. ↗

Kroll has launched two new digital solutions designed to help organizations identify and manage compliance, fraud and legal risks. Kroll’s Risk Analytics Monitor is a fraud detection solution that helps identify high-risk transactions and third parties that could lead to financial and reputational damage for an organization, providing an auditable trail of risk identification and response. Kroll's Managed Compliance Software helps financial services firms to proactively address changing regulations by streamlining and automating routine compliance tasks, supporting regulatory compliance while saving time and resources. ↗

DEAL ACTIVITY

Similarweb has acquired Admetricks, a Latin-American ad intelligence platform. Similarweb intends 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. ↗

PARTNERSHIPS & INTEGRATIONS

SimCorp and State Street Bank International GmbH have agreed to expand and extend their existing partnership. Under the agreement, SimCorp will supply technology components to State Street for its accounting servicing, fund administration and data processing services that are provided predominantly to asset managers in Germany (KVG clients). State Street will also leverage SimCorp’s Alternative Investments Manager solution that will enhance State Street’s accounting capabilities for alternative investments and provide automated intelligent document processing for its KVG business in Germany. ↗

Orion and CAIS have partnered together to expand alts access for advisors. Orion has selected CAIS to provide Orion’s Wealth Advisory and OCIO clients access to alternative investment funds and products, diversify client portfolios and deepen client relationships. CAIS’ platform will equip Orion’s advisor network with an end-to-end tech enabled alts platform, providing users with streamlined access to alternatives. Orion’s advisors will also have access to CAIS Solutions, CAIS’ new SaaS platform. ↗

Owlin has partnered with Trust Alliance Compliance Solutions BV. Combining Trust Alliance’s compliance and risk solutions and Owlin’s solutions for Third-Party Risk Management and Know Your Customer/Business (KYC/KYB), this collaboration helps users by offering them a combined end-to-end risk solution portfolio. ↗

Solid Bond has decided to partner with Beauhurst. Solid Bond will use BeauhurstInvest to gain full visibility over the whole UK market, identifying innovators and founders. ↗

JP Morgan Asset Management and iCapital have expanded its partnership to open up access for APAC wealth managers and their clients to JPMAM’s private market investment capabilities. The goal of this partnership is to enable APAC private wealth investors to explore a broader range of private market investment opportunities. These two companies have a long-standing relationship that dates back to 2018 when JP Morgan became a strategic investor in iCapital and the two companies initiated their first distribution partnership in Australia in 2023 to expand alternative solutions to wholesale investors in Australia. ↗

Ocrolus and Envestnet | Yodlee have announced a strategic partnership that will embed Ocrolus technologies into the Envestnet | Yodlee platform. With this partnership, Ocrolus technology will enable Envestnet | Yodlee users to gather financial data from uploaded documents, such as bank and income statements to supplement data from digital sources. By providing end-users with the option to either submit documents or digitally connect bank accounts, Envestnet | Yodlee has now expanded its document coverage capabilities. ↗

Cosmos Data Technologies has announced its partnership with Xpedition. Cosmos delivers cloud reporting and analytics built for Microsoft Dynamics 365 Business Central. ↗

SEI has announced that Cullen Capital Management has selected SEI Advisors’ Inner Circle Fund as its operational platform for the Cullen Enhanced Equity Income ETF. SEI is providing Cullen Capital Management with the operational infrastructure and advice they need to launch their active ETF product. Additionally, SEI will provide ongoing oversight of Cullen Capital's ETF fund. ↗

Circulate Capital has appointed SS&C as its fund administrator. S&C GlobeOp will serve as the official fund administrator for Circulate Capital's Singapore-based VCC fund and its Luxembourg feeder fund and provide anti-money laundering support. ↗

Position Green has welcomed four new customers to the Position Green community. Accurate Box Company, Airswift, Dart Container and ELLOS GROUP have all recently become customers of Position Green. ↗

OFFICE & PERSONNEL

Forge has announced the addition of two new hires to its Private Market Data team. Natasha Brooks is the new SVP, Head of Data Sales, and Harnalli DeepaSwamy is the new VP of Data, AI & Analytics Platform Engineering. Brooks is focused on accelerating the adoption of Forge data products and solutions among institutional and professional investors. Most recently, Brooks was the Global Head of Sales, Investors at ION Analytics. DeepaSwamy will drive innovation, building on the foundational platform technology that underlies Forge’s data offerings to deliver more value for data customers. DeepaSwamy was most recently at JPMorgan Chase where she was the CTO,MD : Head of Data & AI/ML. ↗

Apex Group has added to its regulatory consulting service with a few new, senior level appointments and promotions. Isabelle Agius has been promoted to Regional Head of Compliance Solutions – Europe. Agius has been with Apex Malta as Head of Regulatory Services since 2019. In the Middle East, Brian Reilly has been appointed as Regional Head of Compliance Solutions, responsible for regulatory consulting and compliance services primarily in the UAE. Reilly brings more than 25 years of experience in the financial services industry, including senior regulatory positions with the Dubai Financial Services Authority, BNP Paribas, and UBS AG. Ron Bass has been appointed as Regional Head of Compliance Solutions – Americas, responsible for delivering regulatory solutions and compliance services to private fund investment advisers in the United States. Bass has more than 20 years experience in regulatory compliance and most recently was the Compliance Director - Asset and Wealth Management Compliance at Charles Schwab. ↗

Bob Pisani is Addepar’s new Chief Technology Officer. Pisani joined Addepar in 2020 to head Addepar's Platform Engineering, where he built and managed the teams driving Addepar's data, compute, and AI developments. Prior to joining Addepar, Pisani served as CTO at Schonfeld Strategic Advisors. ↗

73 Strings has welcomed James Wheaton, its new Head of Global Marketing. Before joining 73 Strings, Wheaton was a Senior Director - GTM Strategy at FIS, where he spent the last five years and before that was a Marketing Director at Duff & Phelps. ↗

Stephen Gange has started a new position as Principal Product Manager at FactSet. Gange has been with FactSet for the last 20 years. ↗

Ontra has welcomed Leslie Olsen as its Chief Marketing Officer. Olsen will oversee strategic marketing for Ontra’s Legal Operating System, which leverages artificial intelligence to automate legal workflows across fundraising, portfolio investment, and fund operations. Olsen previously led marketing teams at C2FO, Fundbox and Medrio. ↗

IDR has announced two new appointments to its technology team – Victoria Newman as Head of Product and Tinashe Kunjana as Product Owner. Newman will lead the development of its technology platform, focusing on creating an intuitive and user-friendly interface to facilitate simple, streamlined and secure access to the private markets. Kunjana's background spans the banking, payments and gaming sectors with specific experience in the design and integration of KYC, AML and affordability products. ↗

The Customer Team at PE Cube has welcomed Tonin Rivory as a Data Scientist. Rivory recently received his Master's degree from IAE Caen in Asset Management Risk Control & Compliance, Finance, and is currently enrolled in the Master's program in Statistical Engineering, Actuarial Studies, and Data Science at the Université Paris-Saclay. The Product team at PE Cube is also expanding with the arrival of Thomas Charuel as a Full Stack Engineer. Charuel has an engineering degree and training in software development and design. ↗

OneTrust has announced the opening of its new London office as well as a couple new recent hires and promotions. Lucia Tyrychtr is now the Manager, Ecosystem Programs & Strategy. Tyrychtr has been with OneTrust for the last four years. Bhavya Guglani is a new Account Executive and has been with the company since 2021. Zach Neill has started a new position as and Enterprise Account Executive and was previously at the software company, Catchpoint. ↗

Moonfare has appointed Sonja Hilkhuijsen to its Advisory Board. Hilkhuijsen has almost 20 years of experience in regulatory compliance, data protection and ESG. Hilkhuijsen is the new Chair of Moonfare's Audit Risk Management Compliance Committee. ↗

Tamar Talmon-Engel is the new Head of Customer Success at Hypercore. Before joining Hypercore, Talmon-Engel was the Customer Success Manager at Stoke Talent (acquired by Fiverr). ↗

Broadridge has welcomed Ryan Wade as its General Manager of Corporate Issuer Solutions. Until recently, Wade spent most of his career at Georgeson, where he held positions such as the Global Chief Strategy Officer, Global Chief Operating Officer and CEO. ↗

Oskar van Eeden is the new Strategy Director at Floww.io. van Eeden is on the strategy team and has a goal of streamlining transactions and international expansion. Before joining Floww, van Eeden was the Head Of Business Operations at CodeSandbox. ↗

IQ-EQ has appointed Andy Ogier as Director of Private Wealth in Guernsey. Ogier has over 30 years of industry experience and most recently was the Director at Hauteville Trustees Limited. ↗

Moonfare has announced two updates to its leadership team. Magnus Grufman was a Managing Director and is now a Premier Digital Investment Manager. Grufman has been with Moonfare since 2017. Additionally, Sanjay Gupta is the new Chief Investment Officer. Gupta has been with the company since 2022 and was previously at Wavecrest Growth Partners. ↗

José Orellana is the new Senior Team Manager, Ad Intelligence at SimilarWeb. Orellana spent the last six years as Lead Technology at Admetricks. ↗

Holland Mountain has welcomed Thomas Bacon as a Senior Consultant. Before joining Holland Mountain, Bacon was a Solutions Design Consultant at Iress, where he spent over seven years. ↗

Nic Gillies is now an Associate at Forge. Gillies has been with Forge since 2019. ↗

Liam McGlynn is a new Office Manager at FactSet. Most recently, McGlynn was a Facilities and Office Services Assistant at the Australian law firm, Clayton Utz. ↗

Dana Wadsworth is a new Investor Relations Associate at iConnections. Until recently, Wadsworth was an Analyst at Titan Advisors. ↗

Sarah McLoughlin has been promoted and is now a Senior Associate, Business Development at SS&C Technologies. McLoughlin has been with SS&C since July 2022. ↗

VENDOR RESEARCH & WHITEPAPERS

Apperio has a new blog, "New SEC private fund rules: Compliance requirements and priorities for legal teams". In this blog, Apperio delves into how leaders are balancing compliance requirements with private equity business priorities. ↗

DiligenceVault has a new whitepaper: "8 Ways Fund Service Providers Are Using Form ADV Dataset". This paper focuses on how service providers for asset managers leverage the ADV dataset. ↗

Sweep has published a new blog, "What are the SEC climate disclosure requirements?" This blog goes over the history of SEC’s climate legislation, what are the SEC's focus areas, and how a company can prepare. ↗

Astrella has a new blog, "5 Must-Haves in Cap Table Management Software". In this blog, Astrella provides an overview of what to look for when selecting a software solution for your business and discusses the benefits and potential risks. This blog hopes to help you understand how cap table management software can improve your company’s financial operations. ↗

Intelligo has a new blog, "Politically Exposed Persons (PEPs): What Investors Need to Know". In this blog, Intelligo covers the basics of what it means to be a politically exposed person and what potential risks you should consider when getting involved with a PEP. Intelligo goes over who is considered a PEP, different types of PEPs (domestic, foreign, and international), how long someone is considered to be politically exposed for, and some of the challenges and risks involved when partnering with someone that has political exposure. ↗

Betterfront has a new post, "Best Practices for Collecting, Maintaining, and Presenting Track Record Data for Private Equity & Venture Capital Funds". In this piece, Betterfront goes over six best practices to ensure your track record data is well-maintained and transparent. ↗

FundCount has a new blog, "Blind Spots Cost Money: Identify Family Office Strengths and Weaknesses". FundCount feels that family offices face unique challenges in ensuring efficiency, accuracy, and cost-effectiveness in back-office operations. These challenges are further amplified by the evolving landscape of financial technologies and best practices. ↗

Tove Lundgren has started a new position as Sales Development Representative at OneTrust. Until recently, Lundgren was a UK Client Representative at Morningstar. ↗

Richard Cramer has started a new position as Senior Product Manager at Bipsync. ↗

Northern Trust has revealed that 907 employees have officially been promoted throughout the company. ↗