Morningstar, a provider of independent investment research, has launched Morningstar Investment Management South Africa, an investment management business in Cape Town.
Prescient Fund Services (PFS), the fund administration business in the Prescient Group, has announced the addition of global execution services to its offering, providing investment managers with a comprehensive execution service with access to global markets.
Electra Information Systems (Electra), a provider of software solutions for the asset management industry, has released Electra Reconciliation Dynamic Snapshot, a real time month-end reconciliation feature.
Xignite, a provider of market data from the cloud, has become a distributor of the MSCI Global Equity Indexes via its cloud API platform.
Trendrating, a provider of momentum factor analytics for global investment managers, has added Strategy Builder as a new module within the Trendrating Momentum Analytics Platform (TMAP).
Capricorn Fund Managers, a Johannesburg and London-based hedge fund manager, has selected Viteos for a complete middle office services solution on a co-sourcing model.
Alacra, a provider of business information solutions for financial institutions, corporations and professional service firms announced the launch of Alacra-On-Demand, a comprehensive research service provided by Alacra’s global team of business information specialists.
Ashburton Investments, FirstRand Group’s investment management business, has implemented FINCAD’s F3 Excel Edition for the key building blocks to develop its front office portfolio management toolkit.
Africa’s largest pension fund, the Government Employees Pension Fund (GEPF), has chosen Standard Bank to provide a full range of investor services product solutions for its more than R1.5trln of assets under management.
SS&C; Technologies Holdings, a global provider of financial services software and software-enabled services, will acquire Advent Software, a provider of software and services for the global investment management industry, for $2.7bn in cash, equating to $44.25 per share plus assumption of debt.
Global legal practice Norton Rose Fulbright has advised Norfund on the agreement to purchase of a stake of 12.223% in Equity Group Holdings from Helios Investment Partners.
S&P; Dow Jones Indices (S&P; DJI), a provider of financial market indices, has announced the launch of the S&P; Quality South Africa Index, which is designed to measure high quality stocks in the South African equity market.
Allen & Overy has re-launched its derivatives services business as aosphere at a crucial time for financial institution clients, who are facing a combination of increasing compliance requirements, reduced budgets and significant financial consequences should they be found to be in breach of regulatory obligations.
African Capital Alliance (ACA), Nigeria's first institutional private equity fund manager and one of Africa's leading alternative asset management firms, has automated and streamlined its operations via FrontInvest, eFront’s flagship solution, which includes an investee portal.
