Funds industry

The transaction for the fund administration software unit is subject to the satisfaction of customary closing conditions and is expected to be completed in Q2.  

This collaboration aims to centralise Upvest’s operations with Clearstream, allowing for enhanced operational efficiency and broader access to a range of funds and markets.

This week’s fund services round-up features: CIBC Mellon, Maples Group, Citco, Praxis, Fasanara Capital, Allvue Systems, Komainu, Imperium, and Langham Hall. 

ActiveOps offers decision intelligence tools, including ControliQ, to enhance service operations by optimising productivity and capacity through AI-driven insights. 

The arrangement aims to simplify ODDO BHF’s operational processes and reduce administrative complexity in its fund distribution network. 

This week’s fund services round-up features: Gen II Fund Services, Amicorp Fund Services, Centralis Group, Financial Conduct Authority, Capitolis, FundBank, Universal Investment Group, Brown Advisory, Arrow Global Group, and U.S Bank. 

By mandating Clearstream, UBS aims to boost efficiency by simplifying processes and improving the management of trailer fee collection and contract oversight. 

Global Custodian sits down with founder and CEO of Apex Group, Peter Hughes, to discuss the strategic direction of the firm and how the organisation views the increasing retailisation of private markets.  

The Luxembourg-based bank will utilise Clearstream’s trade dealing and execution platform, Vestima, in addition to a range of fund services.