Solutions
Hedgeweek Q&A with Mark Coriaty, Chief Strategy Officer, Eze Castle Integration
HW: Talk about the advancement and evolution of cloud services in recent years and how we’ve ended up where we are.
MC: If you step back and look at the landscape over the last four or five years, we have seen a lot of changes both on the technology front, as well as within the financial markets. Whether the result of fund raising challenges or increasing regulatory demands, the landscape for alternative fund managers has changed significantly.
We’ve therefore had to adapt to the market and this includes three
Increasingly, the search for alpha is pushing asset managers into the furthest corners of financial markets. New asset classes, new instruments and new geographies are conspiring to place huge pressure on pre-existing operating models as managers struggle to cope with the volume of investment data. Whereas previously the front office operated independently from the middle and back office, all three are converging to handle the data management task.
This, in short, is leading to a new investment management operating model; one that is more integrated, front to back. And is, in turn, being supported by service providers. Fund administrators, who
Over half of private equity LPs expect their infrastructure to suffer a serious cyber-attack within five years – a sharp rise on the one in twenty LPs who have suffered attacks in recent years, according to Coller Capital’s latest Global Private Equity Barometer.
Heightened security concerns will also affect LPs’ relations with their GPs: around half of investors say they will require cyber risk assessments both for GP management companies and for fund portfolio companies within the next few years.
Most LPs concede that their private equity returns could be improved by making changes to their own organisations, with
Synechron, a financial services consulting and technology service provider, is to join the Misys InFusion Partner Program. Synechron will develop two Centres of Excellence focused on Capital Markets and Corporate Banking to support clients across the United States, Europe, Middle-East and India.
The Capital Markets sites will cover the Misys FusionCapital suite of products for Treasury and Capital Markets. Corporate Banking will include the Misys FusionBanking solutions in Lending and Transaction Banking. This will complement Synechron’s prominent track record in these markets and its long-standing systems integration capability.
Brian Gibson (pictured), Vice President, Partners and Ecosystem at Misys, says:
Ipreo and Hamilton Lane have launched Private Market Connect, a joint venture developed to help solve the existing data challenges faced by Limited Partners and address the information inefficiencies that exist throughout the private markets globally.
Private Market Connect will focus on scaling, automating and normalising the information flow between General Partners (GPs) and Limited Partners (LPs) – ultimately resulting in straight-through processing.
This venture represents the latest evolution in an existing strategic partnership forged between the firms in 2012. Both Ipreo and Hamilton Lane continue to build upon their original shared goal of advancing industry cooperation and addressing
Options, a provider of cloud-enabled managed services to the global capital markets, has completed the annual Service Organisation Control (SOC) 2 Type II and Statement on Standards for Attestation Engagements (SSAE) 16 Type II audits.
Conducted by an independent auditor, the certifications verify that the system architecture and security controls across the Options platform continue to provide a highly secure, available and private cloud service offering.
Introduced in 2011 as the financial industry standard for private cloud and infrastructure-as-a-service firms, SOC 2 Type II and SSAE 16 Type II assessments provide third-party assurance about a provider’s internal operating practices
Fiduciary and administration provider, Estera, has acquired the Heritage Financial Services Group (HFSG), an independent business providing third party fund administration, depositary, trust and corporate services in Guernsey, the UK and Malta.
The transaction is subject to regulatory approvals, following which the business will be rebranded under the Estera name. HFSG employs approximately 100 people across three jurisdictions and all employees will remain with the business and become part of the Estera team.
Farah Ballands (pictured), CEO of Estera, says: ‘We are delighted to welcome HFSG to the Estera family; a team with an excellent reputation in client service,
Independent global service provider JTC Fund Services has established a Guernsey-licensed Management Company (ManCo) as it continues to strengthen its European fund services proposition.
Through the new Guernsey ManCo, JTC is able to support fund managers with a broad range of services, including portfolio management, risk management, compliance, and regulatory reporting.
The move significantly bolsters JTC’s pan-European fund services capabilities and means that it is now able to offer Alternative Investment Fund Managers Directive (AIFMD) compliant ManCo services, both onshore and offshore, to Undertakings for Collective Investment in Transferable Securities (UCITS) and Alternative Investment Funds (AIFs).


JTC’s Luxembourg
Specialist fund services provider Moore Management has achieved International Standard on Assurance Engagements (ISAE) 3402 Type II accreditation.
Building upon Moore’s previous level one accreditation, which was awarded to the business in 2015, this accolade marks the end of a large-scale project focused on further developing and aligning Moore’s operations in Guernsey, Jersey and the Isle of Man.
ISAE 3402 is a global assurance standard developed by the International Auditing and Assurance Standards Board (IAASB) for reporting on controls within a service organisation. The assurance report is issued by auditors to companies who are able to demonstrate that their
Cordium, a provider of governance, risk and compliance services, has launched a solution to help firms adapt to the new requirements of the Criminal Finances Act, set go into effect in September 2017.
Introduced by HM Revenue and Customs, the new legislation is intended to prevent the facilitation of tax evasion in the UK and abroad. All UK business entities are within the scope of the changes and must take appropriate steps to prevent criminal activity.
To assist firms with this process, Cordium has developed a solution aligned with the six guiding principles that constitute a reasonable prevention defence,
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
