Latest news with #FundApps
Finextra
15-07-2025
- Business
- Finextra
FTV invests in FundApps
FundApps, a leading compliance monitoring and reporting technology platform, today announced a significant growth equity investment from FTV Capital, a sector-focused growth equity firm with a strong track record of investing in high-growth capital markets technology companies. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. With industry-leading shareholding disclosure and position limit monitoring capabilities, FundApps will leverage this investment to accelerate growth through the expansion of its product offering—both through organic development and opportunistic inorganic growth. Through these initiatives, FundApps aims to enhance its position as a trusted partner for regulatory compliance needs of buy-side and sell-side clients. The ever-evolving regulatory landscape and increased volume of cross-border trading activity, taken together, are compounding the challenge of staying compliant across jurisdictions. At the same time, investment managers and sell-side firms alike are under pressure to contain costs and do more with less. Faced with expanding regulatory demands and complexity, capital market participants are rapidly turning to software solutions to manage regulatory compliance more effectively. Today, the vended market for shareholding disclosure and position limits is sizable and growing quickly against a significant adoption curve. Founded in 2010, FundApps automates regulatory compliance for financial institutions and is widely recognized as a best-in-class platform for shareholding disclosure and position monitoring and reporting. FundApps differentiates by operating agnostically across both buy and sell-side institutions, enabling it to serve a wide market of asset and wealth managers, hedge funds, capital allocators and banks globally. FundApps currently serves over 160 clients across North America, EMEA and Asia, representing more than $29 trillion in combined assets under management. Strengthened by a vast and growing client community, FundApps' rules and calculation engine incorporates industry best practices and provides enterprise-grade compliance with high-integrity assurance that regulatory obligations are consistently met. 'This strategic investment is a powerful validation of our differentiated offering and strong growth to date, and we're thrilled to be partnering with the FTV team for this next chapter,' said Andrew Patrick White, Founder and CEO of FundApps. 'FTV brings not only capital to support our ambitious growth plans, but also deep expertise in our industry and access to a global network of blue-chip buy and sell-side institutions, both of which will be integral as we continue to scale our platform and strengthen our position across the financial ecosystem.' 'As capital markets continue to undergo rapid technology change, FundApps has established itself as a mission-critical platform providing financial institutions with the regulatory assurance they need to navigate an increasingly complex and evolving landscape,' said Brad Bernstein, managing partner at FTV Capital. 'We are confident that the company's consistent growth at scale and exceptional customer retention – combined with FTV's track record of scaling capital markets services businesses – will make this partnership a powerful proponent of FundApps' continued momentum.' "FundApps' reputation in the financial ecosystem speaks for itself, as evidenced by its blue-chip client base and increasing penetration of top-tier institutions," added Richard Earnshaw, partner at FTV Capital. 'Against a growing market backdrop for trading regulatory compliance solutions, we have strong conviction that FundApps occupies a leading position today, and are confident that our shared vision for growth will position the company to expand in this critical sector moving forward.' This investment comes during a pivotal year for FTV in Europe, following notable recent investments in Windward, N2F, Validus and Orbus Software. As part of the transaction, Brad Bernstein, Richard Earnshaw and Max Weber joined FundApps' board of directors. The transaction represents a full exit for existing growth equity investor Scottish Equity Partners (SEP). Arma Partners served as financial advisor to FundApps, and Raymond James served as financial advisor to FTV Capital. Financial terms were not disclosed.
Bloomberg
15-07-2025
- Business
- Bloomberg
Blackstone-Backed FTV Invests in Compliance Platform FundApps
FTV Capital has invested in compliance monitoring and reporting technology platform FundApps, taking three board seats at the startup as part of the transaction. The Blackstone Inc. -backed firm is providing a significant growth equity investment to FundApps, according to a statement reviewed by Bloomberg News. The deal values the compliance monitoring platform at about $500 million, people familiar with the matter said, asking not to be identified as the information is private.
Finextra
05-06-2025
- Business
- Finextra
FundApps integrates with BlackRock's Aladdin platform
FundApps, a market leader in shareholding disclosure monitoring and Aladdin, BlackRock's technology business, today announced a partnership to integrate FundApps' cutting-edge compliance service with the Aladdin platform. 0 Serving some of the world's largest hedge funds, asset managers, pension funds, and investment banks - monitoring 17% of global assets under management as of 1st January 2025 - FundApps is at the forefront of regulatory technology. With global shareholding disclosure requirements becoming more complex and far-reaching, the FundApps integration with the Aladdin platform delivers to common clients a streamlined shareholding disclosure monitoring and reporting offering that fits effortlessly into their daily investment workflows. This complements the Aladdin platform's robust set of capabilities for managing guideline and regulatory compliance. Integrating FundApps' solution with the Aladdin platform demonstrates a fundamental shift in how investment professionals manage threshold disclosures - moving it from a fragmented, manual process to an integrated, automated solution within a unified investment management process. 'This partnership is a testament to the growing demand for scalable, automated compliance solutions,' said Andrew Patrick White, CEO & Founder of FundApps. 'FundApps' integration with Aladdin enables investment managers to stay ahead of evolving regulations without disrupting their investment processes. No more manual monitoring or fragmented processes - just seamless, automated compliance.' The integrated capabilities will be available to common clients in the second half of 2025, delivering an automated solution for managing global disclosure requirements with Aladdin. It's a strategic move to integrate with a proven regulatory technology partner, offering a scalable compliance solution that grows with client needs.
