FINCAD, a provider of valuation and risk analytics for multi-asset, multi-currency portfolios, has added several key enhancements to F3, its object-oriented valuation and risk platform.
Housing and Development Bank (HDB), an Egypt-based commercial and investment bank that is approximately 60% state owned, has selected Wolters Kluwer Financial Services to provide its risk, regulatory reporting and operational risk software solutions.
Maitland, a global advisory and fund administration firm, has announced that it is now able to act as an alternative investment fund manager (AIFM) for private equity and real estate (PERE) alternative investment funds.
SS&C; Technologies, a global provider of financial services software and software-enabled services, has announced the latest release of HiPortfolio, an investment accounting and asset servicing software.
Rasmala, a London-headquartered independent investment manager, has selected IMSplus, an investment management platform from Profile Software, to improve operational efficiency, flexibility and competitive approach across investment management transactions.
Africlear Global, The Central Securities & Clearing System (CSCS Nigeria) and the Central Depository & Settlement Corporation (CDSC Kenya) have announced their plans to establish a platform aimed at facilitating post trade services including cross-border clearing and settlement of capital market transactions between Nigeria and Kenya.
FinMark Trust, an independent trust based in South Africa, and the Centre for Financial Regulation & Inclusion (Cenfri) of South Africa, have announced a $9.6m partnership with the MasterCard Foundation to launch and support a data facility for financial service providers.
Africlear Global has announced its intentions to launch a platform that will enable investors to attend general meetings electronically and vote in real-time.
CLS Group (CLS), a provider of risk management and operational services for the global foreign exchange (FX) market, has announced that FirstRand has joined CLS as a settlement member.
Maitland, a global advisory and fund administration firm, has entered into a contract with MMI Holdings, a South Africa based financial services group listed on the JSE, to perform independent third-party administration services for its domestic portfolios, which together represents $30bn in assets under management.
FxPro Financial Services has been authorized by the South Africa Financial Services Board (FSB) to operate as a financial service provider in the country.
BDO East Africa, member of BDO International, and Creed Capital, a Beirut-based corporate finance advisory firm, have joined forces to provide financial services between the MENA region and East Africa.
As the rush among institutional investors to reduce their carbon exposure intensifies, MSCI, a provider of research-based indexes and analytics, has said it will report the carbon footprint of its flagship global indexes.
Compliance and regulatory reporting remain the largest factors driving reconciliation for top-tier financial institutions, including many with significant operations in Africa, according to a study released by SunGard and Aite Group.
