As a first step in a multi-stage acquisition, United Fintech has obtained a 25 per cent stake in US-founded Athena Systems, aiming to obtain another 26 per cent in two years, and the remaining 49 per cent in three years
The collaboration will help to mitigate UMR challenges for buy-side and broker-dealers as they face a growing volume of margin activity, says Transcend
TMF Group has acquired Paraty Capital, a Brazilian fund administration platform specialising in private equity, infrastructure, venture capital and private debt funds
Global financial services consulting firm Sionic, now part of the Davies Group, has appointed Matthew Davey as a partner within its asset management practice
The association’s members included Apex, Ultimus Fund Solutions, Centaur Fund Services, Circle Partners as well as Horseshoe, IPS, Basiz and Sudrania Fund Services, among others
