This Week’s Vendor News

NEW & UPDATED PRODUCTS

SimCorp launches SimCorp Alternatives. SimCorp Alternatives extends SimCorp's existing capabilities to also allow general partners, fund administrators, alternative investment fund managers, management companies and depositories to automate operational processes, regulatory reporting and consolidate data for the entire lifecycle of their private equity, private debt, real estate and infrastructure investments. SimCorp Alternatives is available as either a standalone solution or integrated within SimCorp One. ↗

Canoe Intelligence introduces Canoe Labs. Canoe Labs gives early access to alts-specific AI capabilities, to help advance private markets data workflows and insights. Canoe Labs, powered by Canoe AI, operates as a collaborative innovation center, offering direct access to a stream of emerging AI capabilities before they reach the broader market. With real-time user engagement, Canoe will continuously refine the capabilities available, so that solutions evolve with the alts industry. Canoe Labs launches with the following initial capabilities: 1 - AI-Powered Document Summarization – Transform lengthy fund documents into concise, actionable summaries. Synthesize insights across multiple quarterly letters to track strategy evolution over time, or accelerate pre-investment diligence by analyzing years of reports at once. Canoe’s alts-specific AI models understand fund terminology and structures that generic models miss, delivering investment-ready insights on portfolio changes, performance metrics, and strategic shifts. 2 - Real-Time Language Translation – Break down language barriers across global portfolios with translation of fund documents from foreign languages into English. Process international investment materials without waiting for translation services or risking misinterpretation of industry-specific financial terms. Maintain the meaning of alts-specific language while accessing opportunities in non-English markets. ↗

FIS launches AI-powered Neural Treasury Suite. FIS Neural Treasury is a suite designed for treasury operations that incorporates artificial intelligence, machine learning, and robotics technologies and utilizes the FIS Treasury GPT large language model. The cloud-native suite is designed to support automation, fraud mitigation and data visualization capabilities, helping treasurers optimize liquidity and facilitate efficient financial transactions. The solution suite can help corporate treasurers by increasing efficiency, reducing operational risk and unlocking cash flow to help fund strategic growth opportunities. Neural Treasury is intended to help improve treasury functions, by: 1 - Using the large language model designed for the treasury industry, Treasury GPT, to support enhanced data analysis, simplified client usage configuration, policy formulation and industry best practices access. 2 - Analyzing historical data and cash flow patterns to help predict cash flows and support proactive liquidity management. 3 - Continuously monitoring transaction patterns to identify potential fraud and adapt to improve detection capabilities over time. 4 - Automating elements of liquidity aggregation, reconciliation and accounting to help treasury teams focus on strategic, value-added activities while streamlining aspects of decision-making. 5 - Giving treasury and finance executives a view of treasury receivables and payables activity. ↗

Ark's arkLink is now live. arkLink is Ark’s new Excel plugin that gives back office teams a fast way to work with financials—right where they are already doing their reporting. Features include: 1 - Sync reports like your Balance Sheet, Income Statement, Trial Balance, GL, and Journal Entries. 2 - Compatible with in-sheet reconciliations as defined by users. 3 - Work in a structured, audit-ready format that mirrors the Ark platform. 4 - No reformatting or rework needed. ↗

Dealroom.co launches its Rwanda tech ecosystem platform. With this new platform. users can explore the Rwanda tech ecosystem, including detailed lists of more than 700 companies, including funding rounds, investors, universities, incubators and accelerators. ↗

Finster AI releases its latest feature: Screener. Screener combines quantitative filters with qualitative search across filings, transcripts, press releases, and more - delivering cited, auditable answers instantly. Now, Finster users have a fast way to generate ideas, flag risks, and expand coverage. ↗

Allvue rolls out its enhanced Fund Finance solution. This update provides fund finance teams with improved visibility, historical borrowing base reporting, workflow-aligned navigation, built-in risk monitoring, and enhanced reporting and collaboration. This enhanced solution is focused on the subscription line market, with support for NAV-based facilities on the way later this year. ↗

Nasdaq proposes enhancements to its listing standards to strengthen market integrity and protect investors. The proposed updates include: 1 - $15M minimum market value of public float for new listings under the net income standard. 2 - Faster suspension/delisting for companies with compliance deficiencies and market value below $5M. 3 - $25M minimum public offering proceeds for companies principally operating in China. These enhancements aim to foster a resilient and transparent marketplace that supports issuers, safeguards investor interests and fosters public confidence for all participants. ↗

Private Equity Info shares preview of AI Search, its new tool that brings natural language search to PEI's proprietary M&A data. PEI is launching a beta version with PEI subscribers in September, which will provide insights and help increase efficiency for users. Here's what you get from AI Search: 1 - Validate trends and theses, 2 - Uncover connections that are hidden or overlooked, 3 - Generate research more efficiently. ↗

MSCI launches the Private Credit Factor Model to help investors overcome the lack of transparency in the asset class and to help assess the long-term risks it presents in their overall portfolios. The Private Credit Factor Model integrates private credit into the framework that forms the basis of modern portfolio management. Powered by MSCI’s analytics and cross-asset modeling capabilities, the model offers institutional investors an integrated view of risk across public and private markets. Available through MSCI’s Analytics platform, the model enables risk teams to: 1 - Decompose risk across private credit strategies, including corporate lending and asset-backed debt, using region- and strategy-specific factors that capture market, structural, and idiosyncratic drivers of risk. 2 - Assess how private credit exposures respond to macroeconomic shocks and shifting credit conditions — and understand their impact on total portfolio risk through scenario analysis and stress testing. 3 - Model private credit exposures despite limited data availability, using MSCI’s proprietary estimation and mapping techniques to address illiquidity, lagged valuations and sparse pricing. 4 - Integrate private credit into total portfolio risk reporting to support investment decisions, board level oversights, risk budgeting and strategic asset allocation. ↗

AlphaSense unveils AI workflow enhancements on mobile. AlphaSense on the iOS mobile app acts as an research partner for users on the move. Benefits of this update include: 1 - Deep Research enables users to generate research outputs, build investment-grade briefings, and synthesize insights at scale. Users can run a Deep Research report via a mobile device from their morning commute, start the workday with meeting-ready analysis, or run impromptu searches during meetings. 2 - Market clarity: Listen to earnings calls in real-time, with a calendar view of the companies users select. Stay on top of competitor earnings, react fast to market changes and updated guidance, and quickly digest management or analyst commentary, enabling informed, real-time investment decisions. ↗

Robin AI introduces its document memory feature on its platform. This new feature surfaces deviations, flags risks, and suggests edits to clauses across uploaded documents. Robin AI built this feature to identify hidden contractual risks before they impact supply chain or delay transactions. ↗

DEAL ACTIVITY

Domos FS is now part of SimCorp. With this acquisition, SimCorp and Deutsche Börse are strengthening their ecosystem for the buy side, especially in Europe and France. SimCorp acquired a minority stake in Domos in 2021, and now SimCorp has acquired 100 percent ownership of Domos. This deal enables: 1 - An integration of Domos’ modular SaaS with SimCorp’s investment solution, offering a 360° functional platform for the buy-side (LPs & GPs). 2 - Enhanced automation, AI capabilities, and compliance solutions across private equity, debt, real estate, infrastructure, and more. 3 - A strengthened presence and scale in private markets, aiming to manage over €6 trillion in AUM on the combined platform. ↗

Position Green acquires Greenomy, a Benelux firm specializing in sustainability reporting and EU regulatory compliance. By joining forces with Position Green, Greenomy will be bringing ESG technology to the Benelux market. Leveraging combined expertise both in tech and regulatory, the focus will be on supporting companies to go beyond compliance, unlocking growth opportunities, and driving leadership in ESG technology across Benelux and Europe. Euroclear, the majority investor in Greenomy since 2022, will remain involved as a shareholder in Position Green. ↗

Juniper Square receives strategic investment from Nasdaq Ventures to accelerate innovation in private markets technology. In addition to the investment, Nasdaq and Juniper Square will establish a partnership which will explore ways to advance the development of integrated data and liquidity solutions for private fund managers. Together, Juniper Square and Nasdaq will collaborate on new opportunities to deliver the tools needed for a modern GP enterprise and improve private market liquidity, including through innovations in secondaries. ↗

Epiq acquires Inflection IT to enhance Intapp implementation capabilities. Inflection IT is a consultancy firm that supports the implementation of Intapp's platform and applied AI solutions. Inflection IT consultants will join Fireman, an Epiq company, the premier consultancy exclusively focused on serving the legal space, to expand law firm advisory services within Epiq. Epiq is a global technology and legal solution provider that works with corporate legal departments and law firms to deliver results through investments in AI, knowledge, technology, and process innovation. ↗

Yodlee is acquired by STG. STG is a private equity firm recognized for scaling transformational software, data, and analytics companies. This acquisition is not just a change in ownership, it is the official launch of a new, independent Yodlee brand. ↗

Bain Capital to acquire Jensten Group, a UK insurance distribution platform. The investment is being made by the dedicated insurance investing platform of Bain Capital. Bain Capital will partner closely with Jensten’s management team to invest in sales and distribution, technology and operations to further enhance the company’s client service offering and drive margin expansion. The plan also includes a continuation of its M&A strategy focused on building out its regional operating footprint throughout the UK. The transaction is expected to close in Q4 2025, subject to regulatory approvals. Terms of the transaction were not disclosed. ↗

SS&C Technologies will acquire Curo Fund Services. The acquisition will grow SS&C’s fund administration business in South Africa. Curo Fund Services is a South African provider of fund administration solutions. The transaction is subject to approval by the South African Competition Commission. Terms of the deal were not disclosed. Around 300 employees will join SS&C in Cape Town following the close of the transaction. Curo Fund Services already leverages several of SS&C’s fund accounting and asset servicing technologies. The transaction will not affect Curo’s existing client administration arrangements. SS&C’s will enable enhanced solutions and improved service delivery. All parties are committed to ensuring a seamless transition. Independently owned by SS&C, Curo will join the Global Investor & Distribution Solutions group led by Nick Wright. This independence provides South African clients with access to a globally scaled technology and services provider, offering enhanced neutrality, innovation, and flexibility. Coupled with SS&C’s automation, data, and operational expertise, Curo will be able to expand its fund administration offerings, grow market share, and accelerate growth across South Africa and the African continent. ↗

PARTNERSHIPS & INTEGRATIONS

Finster partners with PitchBook to enhance private market data. Finster is integrating PitchBook data into its AI-native research platform. With this integration, users will be able to analyze private companies using the same traceable workflows they already use for public markets. Company financials and recent deals are pulled automatically and Finster's proprietary citations algorithm means filings and metrics data are cited at a sentence- and cell-level. The integration helps analysts monitor deal activity and surface insights into investor relationships in private companies. With PitchBook data, Finster will offer full-cycle research workflows across public and private markets. ↗

Capsa AI unveils partnership with FactSet. FactSet's financial intelligence now sits alongside deal documents, CRM data, and other sources in one Capsa workspace. Under this collaboration, investment teams can now: 1 - Access financial data and M&A intelligence for private and public companies within Capsa. 2 - Conduct market research through filings and transcripts without switching platforms. 3 - Generate comparables analysis powered by FactSet's datasets. ↗

The Private Office extends wealth management relationship with SS&C. The Private Office, a UK independent Chartered Financial Planning firm, has extended its service agreement with SS&C Hubwise. SS&C supports TPO’s wealth management platform, along with customer service, dealing, custody, settlement services and Client Assets Source Book regulatory support. TPO now leverages SS&C Hubwise to support more than 50 advisors serving 2,900 clients with $2.8 billion in aum. TPO also worked in collaboration with SS&C to create TPO Invest, a digital-first, adviser platform providing access to a variety of investment products. Advisers can deliver a range of client and reconciliation services, including pensions management, investing, tax planning and cash management. ↗

Northern Trust Asset Management appointed as sub-investment manager for Timeline's multi-asset fund. This partnership combines Timeline’s adviser platform with Northern Trust Asset Management's index capabilities and Northern Trust Asset Servicing's experience. Northern Trust will also provide custody, depositary and fund administration services. ↗

Attio and Granola integrate to send meetings notes to people, companies or deals from Granola into Attio. Features of this integration include: 1 - Granola notes now sync directly to the right company, person, or deal in Attio. 2 - CRM stays up-to-date without copy-pasting. ↗

Deepsense.ai is now an official AI ecosystem partner for Claude Code by Anthropic. As an ecosystem partner, deepese.ai can help enterprises: 1 - Analyze and map dependencies in legacy systems, 2 - Apply systematic refactoring strategies, 3 - Automate testing, validation, and compliance updates, 4 - Accelerate time-to-value by integrating with CI/CD and existing workflows. For enterprises facing technical debt, this means quick modernization, low risk, and scalable transformation. ↗

Nasdaq Verafin partners with BioCatch to fight financial crime. BioCatch’s platform analyzes up to 3,000 unique behavioral patterns in real time to detect user anomalies and stop fraud. The initial phase of this partnership will integrate BioCatch alerts and insights within the Nasdaq Verafin platform. This partnership offers: 1 - Fraud protection starting from behavior at the device level through to the financial transaction. 2 - Enhanced false positive reduction. 2 - Increased fraud detection. ↗

Aberdeen collaborates with Titanbay to simplify access to private markets. Under this partnership, UK wealth managers can now offer Aberdeen’s Global Private Markets Fund with speed, compliance confidence, and scale. Aberdeen said the partnership will “solve operational delays and lost investment opportunities caused by legacy systems and traditional trading platforms”. ↗

Planr welcomes Crossplane Capital to its platform. Crossplane Capital is an investor focused on the industrial lower middle market. ↗

NEW CLIENTS

CACEIS selects Broadridge's Global Proxy solution to enhance its client services. This implementation will provide global proxy services for CACEIS and its clients throughout the proxy voting lifecycle, enhancing corporate governance and investor stewardship across multiple international markets. ↗

Three US Banks pick DiligenceVault for its due diligence solution. The banks selected DiligenceVault's platform to modernize manager evaluation and ongoing oversight across manager research, ODD, ESG, and regulatory compliance teams. The platform helps them identify risk patterns, surface investment opportunities, and address compliance issues, enabling delivery of new solutions and offerings to high-net-worth clients through expanding private bank and advisor networks. ↗

Nephila Capital selects SEI as a global strategic partner. Nephila Capital, an investment manager specializing in reinsurance risk, picked SEI to support its back- and middle-office operations across North America and the UK. Owned by Markel Group, Nephila has offices in the US, Bermuda, and the UK. Nephila was seeking a strategic partner with the ability to provide comprehensive services, including reconciliation, payment processing, automation, data aggregation, streamlined workflows, and investor onboarding to enhance efficiency and support their business. ↗

Broadridge selected as Wedbush Securities’ strategic technology platform provider as the firm enhances its operations platforms. Now, Wedbush can grow its business, support new asset classes, and deliver client and advisor experiences in the clearing, wealth and fintech market. Wedbush will integrate with Broadridge’s trading and post-trade capabilities, workflow, corporate actions, tax and cost basis reporting, and regulatory reporting services. The collaboration will help Wedbush fuel digital innovation and business expansion, attract new talent, and deepen client engagement. With Broadridge’s wealth management platform, Wedbush will be able to seamlessly integrate third-party solutions and additional Broadridge services to address evolving business needs. ↗

OFFICE & PERSONNEL

Sanjay Gupta takes on new role as CIO of Proprietary Strategies and CEO of Moonfare USA. Gupta has relocated to New York to lead Moonfare in North America. Gupta, who has been with Moonfare since 2022, previously held the role of Chief Investment Officer, based in London. Before Moonfare, Gupta was a Senior Advisor at Wavecrest Growth Partners, Managing Director, Global Head of Private Equity Investing at UBP, Head of US Private Equity Funds at CDPQ and Executive Director - Head of US Private Equity at Adveq Management AG. ↗

Bunch welcomes Tim Ferguson as VP of Commercial. Ferguson brings over a decade of leadership in fintech and private markets technology, with senior roles at CARDO AI, Allvue Systems, and Black Mountain Systems. He has built and scaled sales organizations across EMEA, driven adoption of data-first platforms, and helped enhance how institutions operate in structured finance and private markets. At bunch, Ferguson will be instrumental in expanding its client footprint, deepening relationships, and accelerating adoption of its platform across Europe and beyond. ↗

Northern Trust appoints Michael Hunstad as new President of Northern Trust Asset Management. Hunstad will join Northern Trust’s Management Group and report to Chief Executive Officer Michael O’Grady. Hunstad is replacing Daniel Gamba, effective immediately. Since joining NTAM in 2012, Hunstad has held a range of senior leadership roles including most recently serving as Global Co-Chief Investment Officer. Before joining Northern Trust, Hunstad was Head of Research at Breakwater Capital and Head of Quantitative Asset Allocation at Allstate Investments. ↗

Sonata One welcomes Nikhil Ashra as its Senior Commercial Development Director to accelerate global growth. Based in New York, Ashra joins Sonata One as part of its commercial team. He will drive revenue growth through new client acquisition and the expansion of its strategic channel partnerships. Ashra brings over 15 years of experience in business development and relationship management within the alternative investment space. With a background in fintech and wealth management—gained through senior roles at iCapital and Canoe Intelligence—he has firsthand knowledge of the operational challenges facing private markets managers, and how technology can be deployed to drive scale and efficiency across the fund lifecycle. ↗

Benny Weisman promoted to Head of Sales at Passthrough. Weisman, who has been with Passthrough since 2022, helps fund managers transform investor onboarding and financial crime compliance. Before joining Passthrough, Weisman worked at MainStreet and Cantor Fitzgerald. ↗

Lantern appoints Jeff Williams as Chief Product Officer. Based in the United States, Williams’s appointment aligns with Lantern establishing its presence in North America in order to support its growing global client base. Williams brings over 15 years’ experience in private markets and technology. Most recently, he served as Chief Strategy Officer at Altvia, where he played a role in shaping product strategy, guiding product launches, and driving growth. ↗

Intapp hires Dustin Sedgwick as Chief Marketing Officer. Sedgwick brings previous fintech and big tech experience to Intapp’s C-suite. Most recently, he served as CMO of J.P. Morgan’s Payments business. Before that, he held senior leadership roles at Microsoft and Google, where he drove marketing initiatives at global scale. Intapp has also promoted Edward Hay to the position of Director, Governance and Compliance. Hay has been with Intapp since early 2016. Additionally, Ryan Koch has been promoted to Senior Director, Strategy & Growth - Compliance Solutions. Koch has been with the company since July 2019. ↗

Marcela Sanchez Cifuentes joins fundcraft as Head of Business Analysis & Product Enablement. Based in Luxembourg , Cifuentes brings over two decades of experience in fund operations and oversight across venture capital, private equity, and fund of funds. She has led operations at firms such as GP Bullhound, Praesidium , and Advanced Capital (now part of Capital Dynamics), helping with scaling fund operations, regulatory reporting, and portfolio oversight. At fundcraft, Cifuentes will head fundcrat's newly created Product Enablement unit. ↗

Justine Fisher joins Nasdaq Private Market as a Managing Director in its Capital Solutions Group. Before joining Nasdaq, Fisher was the Chief Financial Officer at Svante, the Vice President and Treasurer at Teck Resources and Vice President at Goldman Sachs. ↗

Stuart Pinnington named IQ-EQ’s Global Head of Asset Owners. Pinnington is now taking on global leadership of the segment and IQ-EQ has relabelled it from ‘Private and Institutional Asset Owners’ to ‘Asset Owners’. Pinnington has garnered over 15 years’ leadership experience in the investor services space, including both operational and client-facing roles. Before IQ-EQ, he was Group Head of Institutional Services for another administrator. Pinnington joined the Jersey office in January 2018 as Group Managing Director of Corporate Services and since then has held a series of leadership positions, most recently Head of Alternative Assets. ↗

Holland Mountain welcomes Mark Dellasanta as an Associate Director based out of Massachusetts. Dellasanta brings previous experience in the alternative asset industry, having held senior roles at Finbourne, BlackRock, eFront Financial Solutions, AnalytX, and Summit Partners. He has a proven track record in product strategy, client engagement, and driving successful implementations. ↗

Dakota welcomes Stephanie Davis, Managing Director and Co-Head of US Private Wealth Solutions at Hamilton Lane, to the Dakota Advisory Board. Davis brings over two decades of experience in private markets and product development. At Hamilton Lane, she is responsible for leading the US business development team focusing on financial intermediaries and platforms. ↗

Hans Otto Engkilde joins CWAN as Head of DACH, Netherlands and Nordics. Engkilde has spent his career in investment technology, leading teams and driving growth across Europe and the Middle East. His leadership experience spans SimCorp, Elgin White, swissQuant, Alpha FMC, and Scalepoint Technologies. ↗

iCapital appoints Drew Carrington to lead its alternatives in retirement portfolios strategy. Carrington will helm iCapital’s efforts to accelerate the adoption of the full range of alternative asset classes and products in the defined contribution market. Carrington will also be responsible for partnering with alternative managers to develop and distribute new vehicles that deliver cost-effective, professionally managed alternative investment solutions designed to integrate seamlessly into the existing defined contribution ecosystem. Carrington reports to Dan Vene, co-founder, managing director, and co-head of iCapital Solutions for iCapital. ↗

Cadence promotes Alexander Davis and Laura Burgmane to Client Service Managers. Davis has been with Cadence since October 2022 and Burgmane since June 2022. ↗

VENDOR RESEARCH & WHITEPAPERS

Goji has a new article, "How can fund administrators keep pace with an evolving alternative investment landscape?". This blog analyzes the constraints that legacy systems place on fund administrators in the alternative funds landscape and explains how Goji is providing a solution that allows fund administrators to benefit from digitization, connectivity, and scalability. ↗

FundGuard has a new blog, "Legacy Tech and the Impact on NAV Resiliency". FundGuard writes that for asset managers and their service providers, one of the most critical operational outputs is NAV production. When this is disrupted, trading can grind to a halt, investors are left without transparency, regulators take notice, and reputational trust can be shaken. In this blog, FundGuard goes over the increasing pitfalls of legacy tech. ↗

AWARDS

Addepar's Chief Technology Officer, Bob Pisani, named CTO of the Year in the Technology Providers category at WealthManagement.com’s annual awards. ↗

S&P Global Market Intelligence wins Best Market Data Provider and Best AI Technology Provider in this year’s Waters Rankings. These awards are for the S&P Capital IQ Pro offering. ↗