State Street Corporation is to provide digital and cryptocurrency asset fund administration capabilities for the firm’s private funds clients. 

PraxisIFM Group, a global financial services business listed on The International Stock Exchange (TISE), has agreed to sell its Fund Administration division to Sanne Group in an all-cash deal worth in excess of GBP50 million. 

Limina, the provider of the world’s first and only customisable cloud-native Investment Management Solution (IMS) for mid-sized asset managers, has bolstered its ESG capabilities for clients by integrating Bloomberg Enterprise’s industry-leading ESG datasets.

Eurizon SLJ Capital (Eurizon), the London-based asset manager of Italy’s Eurizon, has chosen SS&C’s Global Investor & Distribution Solutions (GIDS). Under the terms of the agreement, SS&C provides global transfer agency and shareholder services for Eurizon’s two new funds.

Gravis Advisory Limited (GAL), a subsidiary of Gravis Capital Management, has partnered with Manchester-based Racefields, led by founder David Gammond and Phil Woolas, former Labour MP and Minister of State for Local Government.  

Sudrania Fund Services (Sudrania), one of the world’s fastest-growing fund administrators, has opened its newest office in Toronto, Canada to introduce its end-to-end cloud-based fund administration platform to institutional investors. 

Diversified Trust, a wealth management firm with USD7.5 billion in assets under management, has selected SS&C as fund administrator for its private equity fund of funds platform. 

Curo Fund Services, South Africa’s largest third-party administrator, has gone live with Temenos Multifonds Global Accounting platform, completing the first phase migration of funds from its five legacy systems to a single instance of Temenos’ funds administration platform. 

Alveo, a financial data management solutions provider, has unveiled new environmental, social and governance (ESG) data management functionality, including an extension of the firm's standard industry data model and UI that helps clients understand data quality, data lineage and divergence between third party ratings.

FundRock, a leading European third-party UCITS Management Company (ManCo) and Alternative Investment Fund Manager (AIFM), has launched a new operation in Luxembourg that will provide fund distribution solutions to non-EU asset managers.