Solutions
Three tier one global investment banks have completed trials of Duco’s post trade reconciliation service, Duco Cube.
Duco Cube empowers operations teams to quickly set up and manage reconciliation controls themselves, without IT effort, and move away from labour and technology intensive solutions. This is made possible by artificial intelligence algorithms that match any data in any format, eliminate manual work and make it possible to identify risk points and react to regulatory demands faster than traditional solutions. In addition to bringing an “app-like” simplicity to operations, Duco Cube is operated on a flexible, pay by usage basis.
Duco
Woodfield Fund Administration, an independent third-party fund administrator, has chosen Smonik RECON to support the portfolio reconciliation needs of its diverse group of investment management clients.
Woodfield’s selection of Smonik RECON comes as investment managers are increasingly broadening their investment strategies across regions and asset classes in pursuit of investment returns. To support more dynamic investment strategies, firms must be able to quickly and easily modify middle- and back-office processes to minimise risk and ensure operational efficiency in the new market environment.
Smonik RECON’s platform design enables Woodfield to quickly onboard new clients providing them with straight-through processing
Linedata has added private equity administration functionality to its Back Office platform.
The private equity capability, available in the latest version of transfer agency software Linedata Mshare, will enable users of Linedata Mshare and Linedata Admin Edge to manage the administration of private equity funds, alongside traditional asset management, hedge funds, partnerships and master feeder structures on a single platform.
This is a significant addition to Linedata’s Back Office platform which covers fund accounting, transfer agency and reporting capabilities, with clients in 23 countries across the globe.
Private equity is a significant growth area in the asset
Abacus Group has launched FlexDrive, a file-hosting service that allows hedge funds and private equity firms to securely share and transfer files with other users and other devices.
FlexDrive provides on-demand cloud storage and sharing as well as instant file synchronisation, giving users access to their files no matter what computer or device they are using.
Hedge fund and private equity fund managers can now easily exchange and collaborate on files via desktop computer, mobile device or tablet. The FlexDrive server is located in the Abacus Group private cloud, where users get all of the inherent benefits of
Netage Solutions has introduced several new features in the v6.7 release of the firm’s alternative assets Dynamo CRM and integrated Investor Portal, currently employed by over 250 alternative asset fund managers and limited partners with over USD450bn in assets under management.
The Dynamo enhancements targeted automating investor relation teams’ operations to further increase investor transparency, and improve the workflow of deal management and accounting teams through core logic engine additions.
Included in the Dynamo v6.7 release, new options for enabling investors to upload documents to the portal for general partner review and retention were disclosed in an emphasis
InsightSquared has secured USD8m in series B funding from new investor DFJ and existing investor Atlas Venture, which seed-funded the company and led its series A.
Combined with previous funding rounds, InsightSquared has now raised a total of USD13.5m. The additional financing will allow InsightSquared to accelerate further development and reach of its Software-as-a-Service (SaaS) sales and marketing analytics product.
InsightSquared has added Court Cunningham, chief executive of Yodle, to its board of directors, and Mark Roberge, senior vice president of sales and services from HubSpot, to its board of advisors.
Within the last year, InsightSquared has
New Vernon Capital will use Gravitas Private Cloud for several core systems.
Gravitas Private Cloud is a secure, scalable and integrated solution built on VCE’s VBlock state-of-the-art virtualisation and cloud technology.
New Vernon Capital’s decision to migrate their infrastructure to the Gravitas Private Cloud provides it with a secure, best-of-breed technology infrastructure while minimising the overall costs and maintenance required when managing an onsite IT environment. The Gravitas Private Cloud will be customised for the specific needs of New Vernon’s business, which will include the configuration of a highly available messaging platform for their production and disaster recovery
DealVector has launched the first secure electronic communication network to allow fixed income and illiquid asset market players to know “who’s in their deal,” improving the efficiency of these markets by facilitating communication.
The DealVector platform fills a major gap in the current DTC/Street Name system by offering market participants the ability to directly message the beneficial owners of financial assets on a mutual opt-in basis. In doing so, DealVector allows issuers, investors, advisors, collateral managers and others to come together to address governance and restructuring issues, improve market surveillance, source illiquid assets and more.
Market participants
VIY Management (Venture Investments & Yield Management) has selected SS&C’s private equity software, TNR Solution, to manage its internal operations for its newly formed Luxembourg fund.
London-based VIY Management selected TNR Solution to provide automated management of its financial, performance and regulatory reporting. VIY was impressed with TNR’s portal capabilities and plans to use the web-based solution to set up investor details and CRM requirements.
“Having spent some time analysing the various products in the private equity software market, we chose TNR due to its strong positioning in the general partner market,” says Irina Svinar (pictured), chief financial
After nearly 12 months in operation, over 400 limited partner firms and more than 600 general partner firms from 60-plus countries actively use Palico.
LPs, GPs and advisers have connected on more than 500 investment opportunities posted on Palico in the past year.
Palico is the first regulated electronic platform for the full range of private equity fund investment options, including classic fundraisings, co-investments, secondaries and deal-by-deal structures. Using Palico, LPs, GPs and advisers, meet and engage with qualified counterparts on primary, co-investment and secondary opportunities.
Palico helps LPs and GPs connect in a private equity fund
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
