Solutions
Solium Capital, a provider of software-as-a-service for equity administration, financial reporting and compliance, has entered into a preferred partnership with Nasdaq Private Market.
Under the terms of the related agreements, Solium will enable NPM customers to manage their cap tables and share plans through Solium’s Shareworks platform, as well as access Nasdaq Private Market’s secondary liquidity technology.
“With the proliferation of companies choosing to remain private longer, private company investors and employees are increasingly seeking a mechanism that enables them to have liquidity events,” says Marcos Lopez (pictured), Solium CEO. “Nasdaq Private Market is the thought leader when it comes to helping private companies execute liquidity-related functions. This partnership will provide our private market customers with access to both NPM’s secondary liquidity technology as well as an opportunity to explore the
Increasing regulatory pressures and technology demands are putting more pressure on private equity firms to outsource their administration services.
Traditionally, private equity funds have been self-administered, but this has begun to change in recent years.
According to Preqin, the number of private equity and real estate funds availing of third party administration services is estimated to be 30 per cent today and is set to increase to 45 per cent by 2018.
Centaur says a key driver behind this trend is that the administration of private equity funds requires focus and attention to detail. Increasingly, private equity administration
Social engineering schemes continue to grow in their sophistication, and phishing campaigns, in particular, are causing concern as they make their way to employee inboxes. These fraudulent email campaigns appear legitimate and take advantage of employees who are often too busy or simply unprepared to identify a scam (disclaimer: phishing is not specific to email; scams occur via phone & other communication methods also).
In either case, if the employee clicks a link, downloads an attachment or provides credentials or financial information to a hacker behind the scenes, it presents a gateway to potentially compromising and very serious scenarios.
And
RavenPack, a big data analytics provider for financial services, has launched a self-service data and visualisation platform that enables financial professionals to analyse unstructured data for investing and trading and to support risk management and compliance.
The platform allows users to monitor market-moving events, and quickly surface insights by combining a wide variety of data sets, including stock prices, geopolitical events, newsflow, social media activity, payments data, weather, apps, and data from the internet of things.
By using RavenPack’s proprietary sentiment analysis technology, investors can generate predictive insights and evaluate investment opportunities in real time.
The new platform
ZEDRA, an independent fund specialist in trust, corporate and fund services, has placed an order with Sovos – the tax compliance software experts – for its AEOI Reporting solution.
Once implemented, the solution will help ZEDRA meet the demands of its tax, compliance and reporting obligations.
More than 100 tax jurisdictions have committed to the OECD’s global standard on Automatic Exchange of Information (AEOI) with 54 early adopters undertaking their first exchanges this year. The remaining 47 jurisdictions will exchange in 2018.
The OECD’s AEOI initiative lifts the burden associated with tax compliance with a solution that enables
Blockchain Capital, a venture capital firm investing in blockchain technology companies, is to raise its third fund via a combination of a traditional limited partnership called Blockchain Capital III and an additional fund offered via a digital token called the BCAP.
In line with its strategy to drive innovation based on blockchain technology, the partners decided to pursue a parallel offering of Ethereum-based tokens, issued by a Singapore entity, which would represent an evergreen fractional ownership in a new fund called Blockchain Capital III Digital Liquid Venture Fund.
"Blockchain Capital is the first venture fund to offer its own
Backstop Solutions Group, a provider of cloud-based productivity solutions for hedge funds, funds of funds, pensions, endowments, foundations, private equity firms, consultants and family offices, and ACA Technology Solutions, a provider of investment management and regulatory technology solutions, have completed an API integration of their solutions.
The hook-up connects ACA's NorthPoint Data Management and Security Master Solutions to Backstop's CRM, Research Management, and Portfolio Management Systems.
The connectivity with ACA allows Backstop clients to integrate data from multiple sources, including proprietary systems and other relevant data stores and providers, creating a seamless flow of information and ensuring users are
By Mary Beth Hamilton (pictured), Vice President, Eze Castle Integration – It’s inevitable for C-level execs at hedge funds and private equity firms to have differing opinions from time to time, and outsourced IT can sometimes be an area that breeds tension at the management level. On one hand, Chief technology officers (CTOs) are engrossed in every level of technology, from application management to security to disaster recovery, and they have a vested interest in concerns from user experience to business continuity and beyond.
On the other hand, you have chief financial officers (CFOs) focused on the bottom line, factoring in the
Jersey has introduced a new regulatory framework for private funds which the Jersey Financial Services Commission believes will enhance the island’s competitiveness as a jurisdiction in which to establish funds.
The new Jersey Private Fund consolidates and streamlines Jersey’s private fund offering and will enable funds with up to 50 investors to take advantage of a fast-track authorisation process and lighter ongoing regulatory requirements.
It is designed to provide a more flexible and versatile framework which will further improve the speed and ease with which funds marketed to professional investors can be established. The framework ensures continued compliance with
The Jersey Financial Services Commission (JFSC) has launched the Jersey Private Fund (JPF) Guide, setting out the criteria for Jersey’s new private fund product which can be marketed to up to 50 professional investors.
The JFSC has launched the JPF Guide after feedback from the industry on its joint consultation with the government which, undertaken in 2016, focused on the “rationalisation and consolidation of Jersey’s private fund and unregulated fund regimes”.
The regulator has also taken account of product developments in other jurisdictions.
The launch of Jersey’s new single private fund product will see the phasing out of
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
