Gresham, an enterprise data automation solutions provider, has acquired S&P Global’s Enterprise Data Management (EDM) business, and this “strategic carve-out” is intended to expand Gresham’s presence among enterprise data services providers and, overall, bolster its offerings to buy-side participants, officials say. Gresham’s main efforts in offering capital markets data automation have been based upon reconciliation… Read More >>
FIS Revamps Software Suite for Private Equity
Financial technology systems and solutions provider FIS has reengineered its Private Capital Suite as a cloud-native, software-as-a-service (SaaS) solution, and integrated the suite into FIS’s recently launched Investor Services Suite, officials say. The integration has enabled the Private Capital Suite to serve “the full private equity lifecycle, covering investor onboarding, new portfolio monitoring, portfolio analytics,… Read More >>
Broadridge Buys Northern Trust’s DLT Platform for Private Equity
Broadridge Financial Solutions has purchased a distributed ledger technology (DLT) platform developed by Northern Trust for private equity asset servicing, and plans to develop a system that will offer additional capabilities for PE activities. “Broadridge is expanding its footprint in the asset management industry and the PE industry is ripe for disruption,” a Broadridge spokesperson… Read More >>
