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.
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.
Africlear Global has announced its intentions to launch a platform that will enable investors to attend general meetings electronically and vote in real-time.
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.
Deloitte has acquired Frontier Advisory, as the company seeks to expand its operations in the African continent and in other emerging markets.
Exchange Data International (EDI), a securities and corporate actions reference data specialist, has added equity analytics data, Worldwide Equity Analytics, to its securities data offering.
S&P; Capital IQ has launched an enhanced SME Scorecard to measure credit risk for women-led SMEs (Small and Medium Enterprises) in emerging markets.
