As fund administrator, Northern Trust will provide fund accounting, fund administration, regulatory administration, transfer agency and global custody services to the Driehaus Mutual Funds
While Ultimus currently provides services for both active and passive ETFs, the firm now offers servicing of active semi-transparent ETFs through its series trust solution
FundRock will provide oversight of the delegated functions, risk and compliance monitoring, as well as distribution support services for the new structure and its sub-fund
The deal combines the Fondcenter business with Clearstream’s existing fund desk for global fund distribution support with over $290 billion assets under administration
24 September 2020 Connecticut Reporter: Maddie Saghir
Itaú USA Asset Management (IUAM), the US investment management arm of Itaú Unibanco, Brazil's largest non-government bank, has selected SS&C GlobeOp as its fund administrator
21 September 2020Hong Kong Reporter: Rebecca Delaney
Investment manager Blue Creek Capital Management has launched its operations on SS&C Technologies’ cloud-based front-to-back office platform Eze Eclipse