Concerto Financial Solutions, an independent provider of capital market indices and data, has announced it will include local currency government bonds from Côte d’Ivoire in its African Bond Index series (CABI).
Norton Rose Fulbright, a global legal practice, has expanded its footprint in Africa by agreeing strategic alliances with leading law firms Shonubi Musoke & Co Advocates in Uganda, and Gill, Godlonton & Gerrans in Zimbabwe.
Interactive Data, a global provider of managed ultra-low latency technology and market data feed services designed to facilitate electronic trading, has partnered with GlobalRisk, a provider of real-time risk management and trade support software.
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.
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.
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.
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.
