French venture capital firm France Active has moved away from spreadsheets and manual processes and will automate its investment accounting operations as well as centralize its accounting book of record via a Clearwater Analytics platform. Based in Montreuil, France, France Active, founded in 1988, is a nonprofit that invests in “socially committed” French companies such… Read More >>
Keep Hope Alive for 2021
It’s next to impossible to predict what the major trends in securities operations will be in 2021. The industry is still focused on what the new world will be after the fatal COVID-19 pandemic is defeated by vaccines and new behaviors. We may be in a holding pattern for at least the first six months… Read More >>
Northern Trust to Help Launch Crypto Custody Service
Standard Chartered’s VC Unit Partners with Northern Trust Standard Chartered via SC Ventures and custodian Northern Trust are launching an “institutional-grade” custody solution for cryptocurrencies to help financial services firms invest in cryptocurrency-based assets, officials say. The custodian support is in response to the growing demand for cryptocurrency-based assets that will need support for transaction… Read More >>
NYC FinTech Lab Calls for Entries
New York’s FinTech Innovation Lab, co-founded by Accenture ACN and the Partnership Fund for New York City, is now accepting applications for its fifth annual, 12-week program to “help early- and growth-stage financial technology (fintech) companies accelerate product and business development by gaining exposure to top bank and venture capital executives,” according to the Lab’s… Read More >>
