Solutions
Watson Wheatley, a provider of reconciliation solutions, has integrated its iRecs reconciliation solutions with Orchestrade’s core portfolio management and risk system.
The connection creates a standard interface for Orchestrade clients who wish to leverage the iRecs reconciliation system to solve complex reconciliation issues and increase operational efficiency. Watson Wheatley’s growing client base will derive many benefits from the connection including robust data delivery, standardised support and faster onboarding.
Tom Wheatley (pictured), COO at Watson Wheatley, says: “Alternative asset managers, especially those with complex requirements, have found it hard to find a provider that offers the complete cross-asset front-to-back office
As discussed in the first part of our discussion with SEI on the potential of natural language processing (NLP) – click here to read – the company is currently in the early stages of exploring how NLP might enhance the way staff and clients interact with data. The aim of this initiative is to increase the overall level of engagement and grant users the flexibility to choose their preferred method of navigating information.
NWT, a Mauritius-based full service fund administration firm that forms part of the AXYS group of companies, has selected the Pacific Fund System’s PFS-PAXUS fund administration system for its third-party fund admin business operations.
PFS-PAXUS offers a complete back-office fund accounting, portfolio valuation, fund pricing and transfer agency administrative solution that includes regulatory reporting, on a single, fully integrated system that satisfies the needs of the most sophisticated fund administrators.
NWT provides a full array of fund administration services for both open and closed-ended collective investment schemes including hedge funds, private equity investment vehicles and venture capital funds.
Independent fund research company, Monterey Insight, has confirmed the Aztec Group is the leading fund administrator in Jersey for the third consecutive year, administering USD126.0 billion net assets and 181 funds.
The annual Monterey Report provides a comprehensive analysis of the Jersey funds industry and its service providers by giving an insight on both the number of funds advised and the total assets under management. It revealed 2018 was another strong performance for the island, as fund assets administered in Jersey increased to USD391.7 billion at the end of June 2018, a 20.9 per cent increase on 2017. Aztec Group
The Romanian office of the regional law firm Wolf Theiss has assisted Search Corporation, a Romanian engineering company providing planning, design, consulting and management of road and air transport infrastructure services, in the sale of its part in Plaza Development SRL, the owner of Crystal Tower, the first Romanian office building equipped with a heliport, located in the heart of Bucharest.
The transaction was closed on 20 November 2018 in Bucharest and the buyer is the Czech investment company, PPF Real Estate. Wolf Theiss assisted Search Corporation and the other two minority shareholders of Plaza Development SRL in all stages
Cryptech World, an investment firm acquired by private equity investor Berkeley Assets in June last year, is on a mission to bring blockchain and cryptocurrencies to retail investors.
Omar Jackson (pictured), director of Cryptech World, explains that the company’s USD50 million fund is 80 per cent invested in venture capital projects based on cryptocurrencies and blockchain and 20 per cent invested in cryptocurrencies themselves.
Performance year to date is 40 per cent up in the cryptocurrency portfolio and 70 per cent up in the venture capital segment. The next few weeks will see Cryptech World offering a venture capital only fund.
Getronics, a global IT services group, has launched a new technology and IT services division focussed exclusively on meeting the needs of private equity and investment banking communities seeking to unlock or create new value from companies.
Getronics’ new Investment Services Group (ISG) will provide a one-stop IT shop for investors, spanning pre-transaction audit, initial integration, transformation and managed service/IT outsourcing propositions from Getronics’ core IT platform.
Pre-acquisition, ISG will leverage Getronics’ deep expertise to complement the due diligence activities of PE firms, auditing target companies for their value-creation potential: digital transformation expertise will help PE companies understand the
KNEIP, a Luxembourg-based fund industry specialist, is launching a new digital service platform to the London market, allowing more transparency as well as greater efficiency in the funds industry.
The new single layered platform manages the entire fund lifecycle from end to end. KNEIP has digitalised all aspects of investor data and streamlined processes including document management, which will allow for more transparency and better efficiency of reporting and hugely reduced costs.
Historically, an asset manager who might want to launch a fund was required to use a fund registration team to compile the data and build reports, then
Independent fund and corporate services provider, the Aztec Group, has been appointed to provide administration services to VinaCapital’s Vietnam Opportunity Fund (VOF).
Established in 2003, VOF is a Guernsey-domiciled, closed-ended investment company listed on the Main Market of the London Stock Exchange. With approximately USD1 billion in assets, VOF provides investors with access to the Vietnamese market across a range of sectors and asset classes, including listed and unlisted equity and private equity.
VOF’s objective is to achieve medium to long-term returns through investment in assets either in Vietnam or companies with a majority of their assets, operations, revenues
Citco has launched Æxeo Treasury, a new software-as-a-service (SaaS) offering that allows alternative fund managers to manage treasury functions through a new tool running on Amazon Web Services (AWS).
Citco says Æxeo Treasury adds value by improving operational efficiencies and workflows, and provides a secure, centralised module for treasury operations.
Æxeo Treasury is a stand-alone solution that enables firms to centralise their treasury functions, including funding investments, settling OTC trades and margin, making transfers between accounts or paying invoices, and other transactions through Citco’s SWIFT Service Bureau functionality.
Additionally, this new platform offers unprecedented flexibility and utility by:
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
