Compliance software

Kroll launches risk assessment tool

Offering includes portfolio monitoring and diligence, streamlined data collection and benchmarking

Carbon Accounting Alliance launches

Group of 35 organisations represents emissions of 24,000 companies

Magic ID secures €350k

KYC startup aims to use the funding to launch its range of ID verification tools in the UK and the EU

Hawksford acquires Paradigm

The fund administrator is expanding to the Cayman Islands

Katipult launches DealFlow Marketing

The add-on aims to optimise investor marketing operations

Apperio’s CEO steps down

Founder Nicholas d’Adhemar created the company in 2013 to improve the management of legal costs for PE firm in-house legal teams

Comply launches software and annual review service

Company aims to support chief compliance officers with growing regulatory demands

Novata expands ESG platform

The technology has improved its SFDR tools to assist fund managers with data analysis and reporting requirements

Ontra integrates GPT-4

The large language model will be incorporated into the firm’s AI engine Ontra Synapse

Deus Group launches Murphy

Founder Varun Khullar walks The Drawdown through his merger-filing tool, which aims to support GPs and deal lawyers in their deal completion process and associated regulatory filings

Apex acquires Watermark

The fund administrator has infiltrated the Portuguese market

BoE’s Financial Policy Committee promotes operational resilience around cybersecurity

Elisabeth Stheeman, external member of the FPC, outlines key risk factors for the finance industry

Delio integrates with SumSub

Partnership adds AML and KYC to Delio’s core platform

Canoe Tax launches

Canoe Intelligence has expanded its product suite to include automated tax document management

Kirkland launches SideTrack

Proprietary software to assist with side letter management, specifically most favoured nations clauses

Blueflame AI launches

ACA’s senior adviser Raj Bakhru has co-founded the generative AI tool to help GPs structure unstructured data

(De)generative AI

As AI technology develops, so do the associated risks

A&M teams up with Everlaw

Partnership to support A&M’s disputes and investigations practice with AI

Ontra expands legal operating platform

Ontra Atlas is an automated entity management solution

Amicorp launches ESG reporting and rating service

The new service includes audited ESG reports, analysis, business planning and policy implementation

GPs find brand perception key reason for ESG reporting

A survey conducted by Oliver Wyman and Novata highlights challenges for measuring ESG financial impact

Atfinity partners with Scrive

Partnership aims to improve digital onboarding and client lifecycle processes

Valutico partners with Integra International

Tax, audit and accounting association will offer Valutico’s valuation services to its clients

McGuireWoods ‘appoints’ AI legal assistant

Law firm to use Casetext’s CoCounsel to enhance quality and timeliness of legal services delivered

MSCI acquires Burgiss

MSCI will purchase the remaining 66% of the data provider

IDR secures Hamilton Lane investment

Hamilton Lane has also integrated IDR’s onboarding services into its own processes

ndaOK launches NDA review tool

The AI-based tool automates non-disclosure agreement processing

Quality control

CDP’s latest report analyses how a unified global regulatory approach can foster better ESG ratings and data products

Iceberg Data Lab launches Barbatus

The tool uses generative AI to produce ESG data analysis

Anduin secures $15.6m

The funding round was led by tech investment firm 8VC

Worldfavor partners with Northpeak

The collaboration will combine Worldfavor’s sustainability data platform with Northpeak’s ESG consultancy services

5 minutes with… Tim Andrews, IDR

Founder and CEO of the investor onboarding hub shares how its latest fund subscription service strengthens the platform

IQ-EQ grows compliance offering in Asia

Company has acquired compliance firms ComplianceAsia and Lymon

IDR appoints operations director

Karen Bee has two decades of experience in financial crime operations roles

The Drawdown Awards 2023: Winners announced

Congratulations to all of the winners of The Drawdown Awards 2023

AssetMetrix partners with Proof

Partnership sees launch of ESG tool focused on compliance with SFDR

Profile: Mark Pleaner, Lightrock

The chief compliance officer believes a dedicated compliance function is a vital catalyst across operations, deal-doing and culture

Daaappa rolls out standalone software

Company hopes to address needs around data transparency, customisation and aggregation

Intapp acquires Paragon Data Labs

The platform aims to accelerate compliance disclosure workflows

Jersey widens AML/CFT scope

Jersey private entities with a local administrator no longer exempt from regime

Impak partners with Good Circle to launch SFDR product

Partnership aims to support firms with commitments to sustainable finance

Comment: Empowering the middle office

Patrycja Dos Santos, middle office specialist at AssetMetrix, shares her thoughts on the need for a full middle office services platform and current trends towards tech-enabled solutions

TECHWORK 23: Christian Schumer, ICG

Christian led a review of the firm's corporate and business services function and is implementing the results

SimCorp partners with Matter

Partnership aims to assist investors with aligning their portfolios to the UN’s SDGs

TECHWORK 23: Robert Sciaraffo, The Riverside Company

Robert is looking to centralise the firm's data and reporting

ACA Group launches compliance programme

Scalable offering combines advisory services, regulatory technology and managed services

Comment: Antitrust in me

Merger enforcers turn up the heat on private equity: what can you do to stay cool?

Profile: Brian Mason, BC Partners

The head of technology discusses the human side of tech and its role in decision making

Novata raises $30m

ESG solutions provider aims to enhance ESG data collection, onboarding process and analytics

Juniper Square secures $133m

Partnership services provider aims to build upon its investor portal

The conversation: True outsourcing?

At a recent Breakfast Briefing event held in London, a panel of experts discussed the realities of co-sourcing, and asked if the approach really can allow CFOs to control their data

Citco partners with Fenergo

Citco to integrate Fenergo’s client lifecycle management platform

G for granularity

KEY ESG’s latest report suggests ESG reporting requires collection of more granular data

Valutico closes first financing round

The valuations platform has secured investment from outside investors, including PUSH Ventures, aws Gründerfonds and Erste Group

Crestbridge appoints senior risk and compliance officer

Marie Morris joins from Butterfield Bank to assume the roles of director and money laundering compliance officer

Diligend secures series A and rebrands

Financing round led by Nasdaq Ventures; Diligend becomes Dasseti

Core opens for business

The company offers a range of fund administration services for GPs based in Guernsey

Tackling tokenisation

As GP appetite for tokenisation increases, concerns around liquidity, security and regulation need demystifying

IDR launches next-generation fund subscription

The service aims to provide a smooth fund subscription service that easily connects GPs and LPs

Capital-raising punishment: Painful process

A sleek and streamlined onboarding process is vital to make sure hard-won commitments aren’t scared off