Apex Group, the Channel Islands based financial services provider, has partnered with AlphaCentrix to enable the delivery of data management solutions to its clients.
AlphaCentrix provides data management solutions to simplify investment operations for investment managers, fund administrators, and prime brokers. AlphaCentrix’s middleware and data warehouse solutions provides technology solutions for security master, trade capture, price control and review, corporate actions, and to meet the complex custom reporting needs of the client.
Under this new partnership, Apex Group will integrate two AlphaCentrix apps into its client offering: AlphaFuse and AlphaSpring, which provide a flexible workflow orchestration designer, as well as client facing dashboards and analytics:
- AlphaFuse is a middle and back-office capital markets middleware data hub, which improves efficiencies through workflow orchestration, transaction processing, and reference data management.
- AlphaSpring is an innovative portfolio reporting, business intelligence and communications platform for asset servicers and investment managers.
Following a period of rapid growth and strategic acquisitions, the Group’s implementation of AlphaCentrix’ software will ensure consistency of processes across the Group, higher levels of automation, and will deliver greater operational efficiency and an enhanced client experience.
Christopher Mulhern (pictured), Chief Product & Technology Officer at Apex Group comments: “We are excited to be partnering with AlphaCentrix. We selected AlphaCentrix due to their strong track record, as well as for the scale and flexibility that their apps offer, which will enable us to respond quickly and support the fast-changing requirements of our client base throughout their business lifecycle.”
Charles Ross, Head of Global Business Operations at AlphaCentrix adds: “We’re incredibly pleased to partner with another premier global financial services provider like Apex Group. Apex Group is well positioned to achieve strategic platform benefits from the powerful reference data management, trade processing, and enterprise reporting capabilities provided by AlphaFuse and AlphaSpring. We continue to aggressively reinvest in these solutions as well as our global delivery team to provide large financial institutions with greater operational scale and an enhanced client experience.”