Latest news with #funddistribution
Globe and Mail
29-07-2025
- Business
- Globe and Mail
Apex Group Unveils Apex Digital 3.0: The First Global Asset Servicer to Bridge Traditional and On-Blockchain Finance Markets at Scale
The launch of Apex Digital 3.0 delivers a digitally enabled single source solution across the whole value chain from asset and fund creation to distribution. With the use of its existing technology infrastructure, and its global footprint on over 50 jurisdictions, Apex Group will act as the industry lynchpin with Apex Digital 3.0, bringing together industry stakeholders from across the private markets ecosystem to enable a wider group of investors to access these asset classes. This development will provide the infrastructural rails for the investment ecosystem needs of today and the future. Hamilton, Bermuda--(Newsfile Corp. - July 29, 2025) - Apex Group Ltd. ("the Group"), the leading global financial services provider, today announces the launch of Apex Digital 3.0, a globally digital infrastructure that will empower the financial ecosystem for the next era of fund distribution. Building on Apex Group's existing technology infrastructure, Apex Digital 3.0 enables clients to transition into digital and on-blockchain finance by unlocking access, enhancing liquidity and driving asset growth and higher returns. As an established global asset servicer, operating across 52 countries and servicing over $3.5 trillion in assets, Apex Group will focus on future proofing clients for the evolving digital asset landscape while ensuring compliance with the rapidly changing regulatory landscape. Apex Digital 3.0 will reshape asset servicing as we know it by enabling the transition from traditional to on-blockchain finance through a scalable, compliance-first, programmable infrastructure. In doing so, Apex Group can offer a compliant single-source, end-to-end solution for digitising assets across the complete investment lifecycle, with fully integrated blockchain capabilities. Apex Group is laying down the infrastructure rails for the investment ecosystem of the future, bringing together issuers, investors, aggregators and distributors. Its global relationships across the industry uniquely position the Group in connecting these stakeholders while creating a seamless client experience. Apex Group can represent traditional assets in digital form or create natively tokenised assets, enabling broader accessibility, fractionalisation and the democratisation of investment opportunities. This evolution enables asset managers to unlock new distribution channels, streamline operations and participate in the next era of programmable finance. The announcement is supported by recent acquisitions, such as tokenisation solutions provider Tokeny, as well three central new hires to the team: Daniel Coheur as Global Head of Digital Assets, Luc Falempin as Head of Product & Architecture for Apex Digital and Angie Walker as Head of Commercialisation for Apex Digital, three industry pioneers who have been at the forefront of the digital assets evolution since it began, and will be responsible for spearheading Apex Digital 3.0. The Group is also extending its established stablecoin services to offer a wide range of capabilities to stablecoin issuers on a modular basis, from manufacturing or minting, issuance and distribution to ongoing proof of reserve. This same capability and operating model will also be used to extend Apex Group's service offering to the issuers of tokenised money market funds. Bringing an operating model that can service these instruments 24/7 will be a key product enabler for stablecoin issuers as they drive for institutional adoption. Peter Hughes, Founder & CEO of Apex Group, added: "Apex Digital 3.0 is a true milestone for our business, and the extensive financial ecosystem we serve today. Bringing forward investment management products in a format that will enable a new group of investors to have access to them will provide investors with a more diversified portfolio and better risk adjusted returns as well as more retirement security. We aim to enable institutional adoption of digital assets by ensuring that regulatory and compliance requirements are met across the globe and giving confidence to all investors that these new investment products bear a similar risk profile to traditional asset classes when structured institutionally. -ends- Notes to editors About Apex Group Apex Group is dedicated to driving positive change in financial services while supporting the growth and ambitions of asset managers, allocators, financial institutions, and family offices. Established in Bermuda in 2003, the Group has continually disrupted the industry through its investment in innovation and talent. Today, Apex Group sets the pace in fund and asset servicing and stands out for its unique single-source solution and unified cross asset-class platform which supports the entire value chain, harnesses leading innovative technology, and benefits from cross-jurisdictional expertise delivered by a long-standing management team and over 13,000 highly integrated professionals. Apex Group leads the industry with a broad and unmatched range of services, including capital raising, business and corporate management, fund and investor administration, portfolio and investment administration, ESG, capital markets and transactions support. These services are tailored to each client and are delivered both at the Group level and via specialist subsidiary brands. The Apex Foundation, a not-for-profit entity, is the Group's passionate commitment to empower sustainable change.
Yahoo
21-07-2025
- Business
- Yahoo
Carlyle Exits Calastone As SS&C Expands Global Fund Reach
SS&C Technologies Holdings Inc. (NASDAQ:SSNC) has signed a definitive agreement to acquire Calastone, a major technology player in the wealth and asset management space, from global investment firm Carlyle (NASDAQ:CG) for approximately £766 million, or around $1.03 billion. The deal marks a major expansion move for SS&C in global fund distribution and automation. Based in London, Calastone connects over 4,500 financial organizations across 57 markets. The transaction is expected to close in the fourth quarter of 2025, pending regulatory clearance. SS&C will integrate Calastone's 250-person workforce across seven global offices into its Global Investor & Distribution Solutions unit, led by General Manager Nick Wright. The acquisition, to be financed through a mix of debt and cash, is expected to become earnings accretive within 12 Chairman and CEO Bill Stone said the combination will help build a more intelligent and automated global fund infrastructure. 'Together, we will create a more connected, automated, and intelligent global fund ecosystem,' he said. Calastone's platform aligns with SS&C's strengths in fund administration, AI, and automation. The merger aims to cut costs and risks for clients while improving scalability and investor services globally. Julien Hammerson, Calastone's CEO, said joining SS&C will help speed innovation and deliver new capabilities to asset and wealth managers. Fernando Chueca of Carlyle added that the firm is confident SS&C is the right partner to carry Calastone forward after a period of substantial growth. SS&C Technologies held $515.0 million in cash and cash equivalents as of March 31, 2025. Related ETFs: iShares Global Tech ETF (NYSE:IXN), Financial Select Sector SPDR Fund (NYSE:XLF). Price Action: CG shares are trading lower by 0.10% to $60.11 premarket at last check Monday. SSNC shares closed 0.18% higher at $83.41 on Friday. Read Next:Image via Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? SS&C TECHNOLOGIES HLDGS (SSNC): Free Stock Analysis Report This article Carlyle Exits Calastone As SS&C Expands Global Fund Reach originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Finextra
03-07-2025
- Business
- Finextra
Broadridge to acquire Acolin
Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR) today announced its agreement to acquire Acolin, a leading European provider of cross-border fund distribution and regulatory services. 0 The acquisition will create a robust pan-European fund distribution network, facilitating broader, more efficient access to investors and distribution partners while supporting the ongoing transformation and efficiency of fund distribution for asset managers worldwide. "Acolin's fund distribution technology and compliance capabilities complement Broadridge's distribution data, intelligence and regulatory communication solutions, creating a simplified and modernized process for launching and distributing funds in Europe," said Michael Tae, Broadridge's Group President of Funds, Issuer, and Data-driven Solutions. "By optimizing the management of fund launches, distribution and compliance, we will enhance global distribution and help asset managers reach clients more efficiently." Acolin will extend Broadridge's services in Europe, expand its regulatory fund communications services to include additional compliance operations, integrate capabilities to support fund creation and broaden its distribution insights to better support the needs of European and global asset managers. "Broadridge and Acolin are a natural fit," said Theo Splinter, CEO of Acolin. "The combination of Acolin's fund distribution and regulatory solutions with Broadridge's fund reporting and analytics capabilities will create an end-to-end solution for setting and executing a manager's fund distribution strategy, providing our clients with faster time-to-market and delivering significant efficiencies." Acolin, based in Zurich, is a specialized distribution support provider with over 350 clients and access to over 3,000 distributors across 30+ countries. Rather than connecting directly with multiple fund platforms and distributors to access regional European markets, asset managers engage Acolin to access many platforms and distributors, and centrally manage distributor data, contracts, commissions, and compliance needs. Acolin supports fund registrations, legal representation, and ongoing compliance across Europe on behalf of its clients. Broadridge helps asset managers streamline investment operations, comply with changing regulations, and drive revenue and profitability with advanced data, analytics, and global market intelligence. Broadridge's European fund business serves nearly 500 asset managers, and tracks $110 trillion of assets under management, providing fund clients with an unparalleled global view into investor and asset trends. The transaction is not expected to have a material impact on Broadridge's financial results and is expected to close in the first half of Broadridge's 2026 fiscal year, subject to customary closing conditions, including regulatory approvals.
Associated Press
03-07-2025
- Business
- Associated Press
Broadridge to Acquire Acolin, Accelerating Modernization and Transparency in Cross-Border Fund Distribution
Acquisition will enhance Broadridge's global fund distribution, data and regulatory service capabilities and reinforce its role at the intersection of funds and distributors LONDON and NEW YORK, July 3, 2025 /PRNewswire/ -- Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR) today announced its agreement to acquire Acolin, a leading European provider of cross-border fund distribution and regulatory services. The acquisition will create a robust pan-European fund distribution network, facilitating broader, more efficient access to investors and distribution partners while supporting the ongoing transformation and efficiency of fund distribution for asset managers worldwide. 'Acolin's fund distribution technology and compliance capabilities complement Broadridge's distribution data, intelligence and regulatory communication solutions, creating a simplified and modernized process for launching and distributing funds in Europe,' said Michael Tae, Broadridge's Group President of Funds, Issuer, and Data-driven Solutions. 'By optimizing the management of fund launches, distribution and compliance, we will enhance global distribution and help asset managers reach clients more efficiently.' Acolin will extend Broadridge's services in Europe, expand its regulatory fund communications services to include additional compliance operations, integrate capabilities to support fund creation and broaden its distribution insights to better support the needs of European and global asset managers. 'Broadridge and Acolin are a natural fit,' said Theo Splinter, CEO of Acolin. 'The combination of Acolin's fund distribution and regulatory solutions with Broadridge's fund reporting and analytics capabilities will create an end-to-end solution for setting and executing a manager's fund distribution strategy, providing our clients with faster time-to-market and delivering significant efficiencies.' Acolin, based in Zurich, is a specialized distribution support provider with over 350 clients and access to over 3,000 distributors across 30+ countries. Rather than connecting directly with multiple fund platforms and distributors to access regional European markets, asset managers engage Acolin to access many platforms and distributors, and centrally manage distributor data, contracts, commissions, and compliance needs. Acolin supports fund registrations, legal representation, and ongoing compliance across Europe on behalf of its clients. Broadridge helps asset managers streamline investment operations, comply with changing regulations, and drive revenue and profitability with advanced data, analytics, and global market intelligence. Broadridge's European fund business serves nearly 500 asset managers, and tracks $110 trillion of assets under management, providing fund clients with an unparalleled global view into investor and asset trends. The transaction is not expected to have a material impact on Broadridge's financial results and is expected to close in the first half of Broadridge's 2026 fiscal year, subject to customary closing conditions, including regulatory approvals. About Broadridge Broadridge Financial Solutions (NYSE: BR) is a global technology leader with the trusted expertise and transformative technology to help the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences. Our technology and operations platforms process and generate over 7 billion communications per year and underpin the daily trading of more than $10 trillion of securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 14,000 associates in 21 countries. For more information about us, please visit Forward-Looking Statements This press release and other written or oral statements made from time to time by representatives of Broadridge may contain 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. Statements that are not historical in nature, and which may be identified by the use of words such as 'expects,' 'assumes,' 'projects,' 'anticipates,' 'estimates,' 'we believe,' 'could be,' 'on track,' and other words of similar meaning, are forward-looking statements. These statements are based on management's expectations and assumptions and are subject to risks and uncertainties that may cause actual results to differ materially from those expressed. These risks and uncertainties include those risk factors described and discussed in Part I, 'Item 1A. Risk Factors' of our Annual Report on Form 10-K for the year ended June 30, 2024 (the '2024 Annual Report'), as they may be updated in any future reports filed with the Securities and Exchange Commission. All forward-looking statements speak only as of the date of this press release and are expressly qualified in their entirety by reference to the factors discussed in the 2024 Annual Report. Broadridge Contact Information: Investors [email protected] Media [email protected] View original content to download multimedia: SOURCE Broadridge Financial Solutions, Inc.
South China Morning Post
03-07-2025
- Business
- South China Morning Post
HKEX launches order-routing service to enhance mutual fund distribution ecosystem
Hong Kong Exchanges and Clearing (HKEX) has launched an order-routing service on its fund platform as part of its move to diversify its business and support the government's ambition to strengthen the city as an international wealth management centre. Advertisement 'This centralised platform will connect participants of all sizes across the fund value chain, fostering greater collaboration and elevating operational efficiencies for the fund distribution industry,' CEO Bonnie Chan Yiting said at a ceremony to launch the service on Thursday. 'This offering underscores our commitment to further advance the development of Hong Kong's fund distribution ecosystem and to enhance its position as a leading hub for wealth and asset management in the region.' The order-routing service on the exchange's fund platform was designed to facilitate seamless interaction between fund distributors and transfer agents with mutual fund companies. The funds' subscription and redemption information will be available electronically via the platform. HKEX CEO Bonnie Chan Yiting said the launch of the order-routing service further advances the development of Hong Kong's fund distribution ecosystem. Photo: Edmond So A total of 33 firms, mainly mainland Chinese banks and fund houses, will use the order-routing services. This includes 17 fund distributors like Bank of China (Hong Kong), Bank of Communications (Hong Kong), Chief Securities, China Construction Bank (Asia) and Haitong International Securities. Advertisement Ten fund houses, including BOCHK Asset Management, Bosera Asset Management (International) and CCB International, as well as six transfer agents like Bank of Communications Trustee, BOCI-Prudential Trustee, and State Street Bank and Trust, will use the platform.
