Ninety One Adopts Fenergo for KYC, Due Diligence, Transaction Monitoring

Fenergo has been selected by investment manager Ninety One to supply its client lifecycle management and financial crime operations platform as part of a digital transformation programme.

The unified platform will merge Know Your Customer procedures, due diligence, transaction monitoring and automation across South Africa, the UK, and Luxembourg.

The decision forms part of Ninety One’s investment in a model to simplify lifecycle management, increase financial crime controls, and reduce disconnected systems across its £184 billion asset portfolio.

Cora Kielblock, head of global operations at Ninety One, said: “Fenergo’s industry expertise, continued innovation and long-term investment in its platform made it the right strategic partner to support our ambitions.”

The phased rollout will automate operational work, accelerate decision-making, and expand upon Fenergo’s existing partnerships with global financial institutions.

Creand Selects NeoXam GP4 Fund Accounting Platform for Wealth Unit

Creand Wealth & Securities, the Luxembourg-based asset servicing and wealth management banking arm of Creand Group, has chosen NeoXam GP4 as its fund accounting platform for private assets.

The agreement sees Creand Wealth & Securities replace its existing system to consolidate the administration of both traditional and alternative funds onto a single platform.

The decision follows growth in fund administration activity and the requirement to process private market valuation structures.

“NeoXam GP4 lets us run our traditional and alternative funds on one platform, handle the complexity of private assets, and produce Lux GAAP, US GAAP and IFRS figures from a single source,” said Sébastien Leleu, chief strategy officer at Creand Wealth & Securities.

The platform will be deployed on-premises, centralising workflows and supporting multiple accounting standards before going live prior to the end of the year.
Charles Sayac, managing director for Continental Europe at NeoXam, said the deal establishes a reference for private assets managed on the software, extending an existing relationship between the two firms.

GLEIF Signs eMudhra as Validator for Indian LEI Issuer

EMudhra, a global provider of digital identity, authentication, and trust services, has been appointed as a Validation Agent of Legal Entity Identifier India Limited (LEIL) in the Global Legal Entity Identifier System by the Global Legal Entity Identifier Foundation (GLEIF).

The partnership will enable eMudhra to embed Legal Entity Identifier (LEI) application and renewal services directly into established customer onboarding and identity verification processes.

Legal Entity Identifier India is the only issuer recognised by the Reserve Bank of India (RBI) under the Payment and Settlement Systems Act.

Kaushik Srinivasan, co-founder of eMudhra, said: “Becoming a Validation Agent of LEIL in the Global LEI System is a natural extension of eMudhra’s role as a trusted Certifying Authority.”

The integration will enable organisations across India to fulfil regulatory identity requirements while reducing the need to complete separate verification checks. India became the jurisdiction with the highest number of active LEIs in January following a master direction issued by the Reserve Bank of India (RBI).

State Street Launches PriceStats Superset for Daily Inflation Analysis

State Street has launched PriceStats Superset, a global dataset providing daily, item-level pricing data designed to give investors, policymakers and researchers earlier insight into the forces driving inflation.

The dataset builds on State Street PriceStats, its high-frequency inflation measurement service, by providing access to the underlying item-level data used to construct its indices. Covering 27 countries and millions of products and services, PriceStats Superset contains more than 50 billion price observations, allowing users to track price movements from individual products through categories and sectors to headline inflation measures.

State Street said the additional granularity should help users identify emerging inflationary pressures before they become visible in official government releases. The launch forms part of the firm’s broader Data Intelligence strategy and extends its work with PriceStats, which has provided high-frequency inflation research to State Street clients since 2011.

Tokenovate Executes CDM-Native Intraday Repo on Canton Network

Tokenovate has executed and settled an intraday repo transaction on the Canton Network using the FINOS Common Domain Model (CDM), with the cash leg settled in Circle-issued USDC expressed as USDCx Reserve on Canton.

The transaction used CDM-native event and state management across the full repo lifecycle, covering trade representation, lifecycle processing, collateral movements and coordinated settlement of both legs. Conducted in a controlled environment, the workflow was aligned with established repo market documentation.

Tokenovate said the combination of CDM, tokenised cash and distributed ledger infrastructure could enable faster collateral mobility, intraday liquidity management and more automated settlement while maintaining standardised workflows across traditional and digital infrastructure.

The company has also joined the Canton Foundation as a General Member, giving it a role in the governance and development of the network as it expands its programmable post-trade infrastructure across repo, collateral, derivatives and securities markets.

S&P Global Leads Investment in Kaiko as Series B Reaches $110 Million

S&P Global has led a strategic investment in digital asset data provider Kaiko, extending the company’s Series B funding to $110 million as it expands its data infrastructure for tokenised markets. The round also includes BNP Paribas, Bpifrance, Broadridge, Canton Foundation, Coinbase Ventures, DRW Venture Capital, Nasdaq Ventures, Royal Bank of Canada, Stellar and Susquehanna Private Equity Investments.

Participating institutions will join a Kaiko-chaired Strategic Industry Working Group focused on shaping data and infrastructure for bringing tokenised financial products into production.

Kaiko provides institutional market data covering more than 150 digital asset exchanges and protocols. It is extending this into onchain capital markets, including delivering market data to smart contracts and standardising onchain activity for off-chain consumption.

The investment follows Kaiko’s acquisitions of DeFi infrastructure provider Cometh and digital asset data specialist Amberdata, alongside the recent launch of digital asset indices with S&P.

smartTrade Extends into Post-Trade with Multi-Asset Flow Platform

smartTrade Technologies has launched smartTrade Flow, a multi-asset post-trade platform covering processes from matching and reconciliation through to settlement, accounting, regulatory reporting and audit.

The standalone platform connects to existing trading systems through APIs and integrates natively with smartTrade’s LiquidityFX and Commercial Banking & Payments products. It supports FX, precious metals, money markets, fixed income, crypto and derivatives.

Flow is designed to automate post-trade processes that continue to rely on batch processing, spreadsheets and manual intervention. Capabilities include real-time trade and cash-flow reconciliation against external data through SWIFT, CLS and APIs, alongside real-time tracking of balances, positions, limits and P&L.

The platform also provides configurable settlement workflows and automated regulatory reporting, including EMIR, MiFID II and DTCC formats, while allowing entitled business users to configure matching rules, reconciliation processes and maker-checker requirements without developer intervention.

LDA Launches Configurable Low-Latency Platforms for Trading and AI Workloads

LDA Technologies has launched two configurable hardware platforms designed to help capital markets firms scale low-latency connectivity and compute capacity while reducing infrastructure footprint.

OmniX combines FPGA-powered networking, Layer 1 connectivity and hot-pluggable storage within a 1RU platform, allowing firms to tap, timestamp and record data within a single device. Configurations can incorporate LDA’s Maze Layer 1 fabric, supporting connectivity from 10G to 25G, or its lower-latency Neo fabric.

Torus targets compute-intensive trading, high-performance computing and AI workloads, supporting eight-board configurations across expandable 1RU and 2RU deployments. Maze can also provide a configurable Layer 1 mesh connecting components within the chassis at latency of 3.6 to 4.2 nanoseconds.

The platforms are designed to allow firms to scale connectivity and processing without continually adding separate appliances, external switches and cabling, while supporting custom configurations based on individual workloads.

Following Restructuring, ConsenSys Focuses on ZK Layer 2 Network

A major corporate restructuring at Consensys Software, leading to the spin out of its consumer-focused MataMask wallet business, has also established a distinct entity (still called ConsenSys) focused entirely on institutional infrastructure based on the Linea zkEVM Layer 2 network.

Linea’s design features full Ethereum equivalence, allowing smart contracts, decentralised applications, and existing enterprise tools built for the Ethereum mainnet to run on Linea without any code modifications.

A zkEVM (Zero-Knowledge Ethereum Virtual Machine) is an advanced blockchain infrastructure technology. It combines the processing environment of Ethereum with zero-knowledge cryptographic proofs to execute smart contracts off-chain while proving their absolute mathematical validity back to the main Ethereum blockchain. Essentially, it allows a network to process thousands of transactions rapidly and cheaply while inheriting the exact, uncompromised security of the main Ethereum network.

tZERO Announces New Funding; Working Towards Strategic Transaction

Blockchain financial infrastructure provider tZERO Group has announced a new funding round led by prominent investors Marc and Max Cohodes and including participation from existing investors Intercontinental Exchange (ICE) and Bill Fleckenstein, alongside support from its partner Dinari and other contributors.

Additionally, Neighborhood Intelligence has committed to funding its portion of the financing once tZERO announces a binding agreement for a strategic transaction, such as a merger, sale of assets or a SPAC transaction.

CEO Alan Konevsky notes that the funds will directly support operations and execution as the firm commercialises and expands its tokenised financial market infrastructure.

This strategic injection of capital is part of tZERO’s broader, long-term capital plan designed to power its next phase of growth. The company is actively working toward a major strategic transaction to ensure long-term capital stability and independence. At the same time, this funding will help tZERO scale its infrastructure-as-a-service (IaaS) offering, which connects tokenisation, trading, custody, and asset servicing to help financial institutions bring blockchain-based assets to regulated markets.