FINANCIAL MANAGEMENT, FINTECH
Businesswire | April 28, 2023
InvestCloud, the global leader in digital transformation for the financial industry with over $6 trillion in assets, has been selected by BUNKER, a US-based fintech seeking to democratize access to the US markets for Latin Americans, to help launch a pioneering mobile-first digital investment platform. The new BUNKER platform is especially designed to help Latin American affluent and high-net-worth-individuals access US investment markets, making it easier to open and manage overseas investment accounts and pursue their financial aims.
Apex Fintech Solutions Inc. (Apex) is also key to the launch, providing custody and broker-dealer support through its subsidiary Apex Clearing Corporation for the new platform. Apex is a US market leader in the fintech ecosystem, providing custody and clearing, advisory, institutional, digital assets and SaaS solutions across its combined businesses.
BUNKER is a digital financial advice platform developed by SEC-regulated investment advisor Smartadvisor LLC, offering affluent and high-net-worth investors in Latin America a simple, digital, trustworthy and exceptional investment experience. BUNKER enables clients to invest in the professionally regulated investment markets of the US, with a long track record of rule of law and investor protection. Launching simultaneously throughout Latin America, BUNKER offers multi-lingual client communication blended with financial education and wellness tools, supported with AI-powered digital advice to deliver better investor outcomes at transparent and competitive pricing.
Partnering with InvestCloud is critical to BUNKER’s strategy. InvestCloud’s cloud-based platform enables best-in-class communication, planning, shopping and selling experiences, all centered around a single Digital WarehouseTM to unlock the power of data. BUNKER is leveraging InvestCloud’s technology to provide tailored, end-to-end client communication and advice, including automated onboarding and prospecting through to full client lifecycle management (CLM) – all at scale. This solution is an example of the global reach of Digital Advice, particularly with a specific focus on the mobile experience.
Francisco Sosa del Valle, Co-Founder and CEO of BUNKER, said: “We’re very excited to be launching this solution for so many Latin Americans that are looking for an easy and friendly way to invest in safe, well-regulated markets to achieve their long-term financial goals. And we are proud of our key partners: InvestCloud, as a provider that offers trustworthy, unique and engaging investing experiences; and Apex, as a leading provider of custody and clearing services.”
Will Bailey, Chief Strategy Officer of InvestCloud, said: “We’re excited to partner with a visionary organization that recognizes the power of digital to drive expansion. Partnering with BUNKER showcases InvestCloud’s ability to deliver global digital solutions for the financial industry. Not only did BUNKER pursue a mobile-first design, but they have implemented our core behavioral science principles across the client lifecycle management (CLM) apps. In a market that is asking for increasingly personalized experiences, BUNKER exceeds end-client expectations with this solution.”
"Apex is proud to provide broker-dealer and custodial support for InvestCloud and BUNKER’s innovative digital offering, underpinning our mission of enabling frictionless investing for investors across the globe,” said William Capuzzi, CEO of Apex Fintech Solutions. “We continue to see growth in diversity and applicable solutions within the investing ecosystem and are pleased to support this cross-regional platform for the Latin American market.”
BUNKER is here to help millions of affluent Latin Americans seeking a better financial future. With BUNKER, investing in US markets just got easier.
InvestCloud is a global company specializing in digital platforms that enable the development of financial solutions, pre-integrated into the cloud. The company offers on-demand client experiences and intuitive operations solutions using an ever-expanding suite of modular apps, resulting in powerful products including Communication (client portals, advisor portals, mobility and more), Planning (goal-based, cashflow, digital advice, proposals and more), Shopping & Selling (digital marketplace for financial products) and the App Library (IBOR, ABOR, performance and more). Headquartered in Los Angeles, InvestCloud has over 20 global offices including New York, London, Geneva, Singapore, Tokyo, and Sydney, supporting trillions in assets across hundreds of diverse clients – from the largest banks in the world to wealth managers, asset managers and asset services companies.
InvestCloud’s clients today include over 150 asset managers, over 400 wealth managers and over 140,000 individual financial advisers. In North America alone, InvestCloud has eight of the top 10 US banks and seven of the top 10 US managed account sponsors.
About Apex Fintech Solutions
Apex Fintech Solutions is a fintech powerhouse enabling seamless access and frictionless investing for all. Apex’s omni-suite of scalable solutions fuel innovation and evolution for hundreds of today’s market leaders, challengers, change makers, and visionaries. The Company’s digital ecosystem creates an environment where clients with the biggest ideas are empowered to change the world. Apex works to ensure their partners succeed on the frontlines of the industry via bespoke custody & clearing, advisory, institutional, digital assets, and SaaS solutions through its Apex Clearing™, Apex Advisor Solutions™, Apex Silver™, and Apex CODA Markets™ brands.
BUNKER uses best-in-class technology to provide people from Latin America access to global financial markets through a simple, safe, and cost-efficient platform. Our mission is to provide a financial tool that anyone can easily access and use in order to obtain sophisticated financial advice at razor thin costs, regardless of where they live, how much money they have, or how financially savvy they are. Bunker is here so everyone can have a shot at building long-term wealth, anywhere.
FINANCIAL MANAGEMENT, FINTECH
PRnewswire | March 20, 2023
CQG, a leading global provider of high-performance technology solutions for market makers, traders, brokers, commercial hedgers and exchanges, today announced a strategic partnership with global Fintech leader, Broadridge Financial Solutions Inc. (NYSE: BR) that will integrate the two firms' Execution Management System (EMS) and Order Management System (OMS) respectively. The combination of CQG's front-end trading technology with Broadridge's Order Management System and the NYFIX network will be a first of its kind out-of-the-box solution for institutional customers who wish to take advantage of a full front-, middle- and back-office technology suite. These types of partnerships complement Broadridge's open architecture approach of the OMS.
CQG completed a FIX connection into Broadridge to allow for order flow from CQG directly into Broadridge's infrastructure to be managed and routed out to its network of exchanges and liquidity providers. Additional development underway will complete the effort to allow for seamless workflow between the two systems. Viewing and managing orders will be achievable and in-sync in either system. Customers can stage orders, apply algorithmic logic to existing orders, splice and bundle orders, manage allocations, and much more. Traditionally, clients have been tasked with piecing together a solution with a variety of technology providers and have the added effort and cost of making those tools work together.
CQG CEO Ryan Moroney said: "We believe this strategic partnership will bring ease along with significant savings opportunities to our mutual customers. Rather than making a choice between an OMS and an EMS, customers will be able to deploy an enterprise solution that offers both to their internal desks and clients alike."
Together, Moroney said, CQG and Broadridge look forward to enhancing the workflow of their institutional customers and providing best-in-class execution and order management.
CQG provides the industry's highest performing solutions for traders, brokers, commercial hedgers and exchanges for their market-related activities globally, including trading, market data, advanced technical analysis, risk management, and account administration. The firm partners with the vast majority of futures brokerage and clearing firms and provides Direct Market Access (DMA) to more than 45 exchanges through its global network of co-located Hosted Exchange Gateways. CQG technology serves as the front end for a variety of exchanges and is increasingly employed as the over-the-counter matching engine for important new markets. CQG's server-side order management tools for spreading, market aggregation, and smart orders are unsurpassed for speed and ease of use. Its market data feed consolidates 85 sources, including exchanges worldwide for futures, options, fixed income, foreign exchange, and equities, as well as data on debt securities, industry reports, and financial indices. One of the longest-serving technology solutions providers in the industry, CQG has won numerous awards for its trading software, technical analysis and multi-asset trading platform. CQG is headquartered in Denver, with 16 sales and support offices and data centers in key markets globally. For more information, visit www.cqg.com.
FINANCIAL MANAGEMENT, WEALTH MANAGEMENT
PRnewswire | May 23, 2023
Arcesium, a leading global financial technology firm, and BlueCrest Capital Management, the prominent private investment firm led by Mike Platt, announced their agreement to commence the implementation of Arcesium's fully integrated technology platform and Financial Operations professionals, which will, once deployed, support BlueCrest's operational teams.
BlueCrest will seek to leverage Arcesium's cloud-based infrastructure, which assists with post-trade operations and middle- and back-office workflows. BlueCrest will also look to take advantage of Arcesium's global Financial Operations capabilities to augment its sophisticated in-house operations and technology team.
"Since opening the Arcesium London office in 2020 as part of our continued global expansion, we have seen a growing appetite from large, complex asset managers looking to optimize their businesses whilst reducing costs and inefficiencies. BlueCrest is a perfect example of this, and we are delighted to work with them," said Chris Barrow, Head of Arcesium Europe.
About Arcesium LLC
Arcesium is a global financial technology company delivering pre- and post-investment and enterprise data management solutions to some of the world's most sophisticated financial institutions, including hedge funds, banks, institutional asset managers, and private equity firms. Expertly designed to achieve a synchronized golden source of data throughout a client's ecosystem, Arcesium's cloud-native technology is built to systematize the most complex workflows and help clients achieve scale.
Today, Arcesium services over $675 billion in global client AUM with a staff of over 1,800 software engineering, accounting, operations, and treasury professionals. Arcesium was built from a platform developed and tested by investment and technology development firm, the D. E. Shaw group, and launched as a joint venture with Blackstone Alternative Asset Management. J.P. Morgan, another large client, later made a strategic investment in the company, helping Arcesium further its mission: to power the entire investment lifecycle.