NEW & UPDATED PRODUCTS
Dakota launches new feature, Dakota Performance & Benchmarks. Dakota felt that private fund performance has traditionally been locked behind expensive paywalls, making it too costly for many due diligence analysts and investment teams. Dakota Performance & Benchmarks gives users: 1 – Performance Intelligence on 14,000+ Funds, 2 – Custom Benchmarks: Users can create peer groups that match their mandate, not a generic index. Compare performance by strategy, vintage, geography, fund size, or any combination they choose. 3 – Transparent Dashboards: No more stitching together spreadsheets. Dakota gives users a view of how a fund or portfolio stacks up, 4 – API-Ready Performance Data: Integrate Dakota’s performance universe directly into internal systems, analytics tools, or custom dashboards. ↗
Broadridge enhances platform for alternative investment managers with new general ledger capabilities and a redesigned user interface. The new general ledger capabilities extend Broadridge’s portfolio management system by embedding period accounting and financial statement reporting directly into the investment platform. The solution provides a fund-level general ledger that posts accounting entries for all investment activity, offers tools for period adjustments, introduces workflows to close the period, and provides financial statements. By offering a shadow book of record, clients can improve the accuracy and efficiency of their month-end close and compare against official fund administrator books and records. The integrated general ledger supports improved fiduciary controls, operational stability, and data accuracy. Additionally, Broadridge has introduced a redesigned UI that delivers a modern workspace for portfolio managers and traders. The updated UI optimizes workflows, and unifies portfolio management, risk management, analytics, and reporting into a single experience – reducing the need to navigate across multiple screens and enabling informed decision-making. ↗
Standard Metrics unveils new and improved MCP. The new hosted MCP helps all the firms on Standard Metrics use their data in any MCP-compatible tool, regardless of technical ability. Prior to this update, users connected with tools like Cursor and Anthropic’s GPT, Claude. Standard Metrics’ new MCP also makes the credentials process more secure. Users no longer need to create API keys, save them in a secure location, and then bring them into a JSON config file to be able to use the MCP. Instead, they are now pre-authenticated through their Standard Metrics login. Now, users can also leverage the Claude app for portfolio analysis. Claude will call Standard Metrics’ hosted MCP to answer questions quickly and accurately for its VC/PE customers. This works for: 1 – Answering a portfolio question when meeting with an LP, 2 – Checking something quickly before a partner meeting, 3 – Pulling up portfolio metrics without opening a laptop. ↗
PitchBook’s private capital market data is now available within the PitchBook app in ChatGPT. Users can now use natural language prompts to unlock company, deal, and investor intelligence without toggling between platforms or manually validating information. With PitchBook’s Model Context Protocol app, or Premium Connector, PitchBook is streamlining research workflows for fast decision-making backed by timely data. ↗
Backstop’s website is now found on the ION Analytics domain. Backstop’s website is now: www.ionanalytics.com/backstop/ ↗
DEAL ACTIVITY
Rundit acquired by Greenstep. Greenstep has acquired 100 percent of the shares of Rundit Oy to strengthen its position in the European fund services market. By combining Rundit’s technology with Greenstep’s fund services experience, the company will create a new end-to-end solution that enables automated and transparent fund back-office operations — from portfolio data and investor reporting to fund accounting and operational processes. Greenstep’s ambition is to scale the new solution across Europe and grow Greenstep’s market share in the evolving fund reporting landscape. With this acquisition, the two sides of fund reporting – investor and portfolio reporting on the frontend, and fund accounting and related processes on the back office – are brought together into one seamless end-to-end solution. ↗
Salesforce signs definitive agreement to acquire Qualified, a provider of agentic AI marketing solutions. Qualified provides an agentic AI marketing product designed to engage and convert inbound buyers. Bringing Qualified into the Salesforce ecosystem will allow users to deploy marketing agents that autonomously generate pipeline. Qualified’s capabilities will enable Salesforce to offer a comprehensive agentic marketing solution. The transaction is expected to close in the first quarter of Salesforce’s fiscal year 2027, subject to customary closing conditions, including the receipt of required regulatory approvals. ↗
PARTNERSHIPS & INTEGRATIONS
Passthrough now integrates with Ark, connecting investor onboarding to fund accounting and LP reporting. This integration creates automatic data flow from executed sub docs in Passthrough into Ark’s back office and investor relations solutions. This connection eliminates the manual work that occurs between fundraising and ongoing investor management. Passthrough’s integration with Ark creates a data pipeline from investor onboarding to fund accounting in 4 steps: Step 1: Investors complete sub docs in Passthrough. The customized workflows collect all the information your fund needs—capital commitments, entity structures, tax details, payment instructions, and contact info. Step 2: Documents get reviewed and executed. Your legal counsel reviews responses, requests revisions if needed, and marks documents as fully executed once the fund closes. Step 3: Data automatically flows to Ark. Passthrough generates structured data formatted specifically for Ark’s platform. Ark ingests this and maps investor information directly to LP records in your investor portal and general ledger. Step 4: You’re ready for operations. Your finance team or fund admin can immediately issue capital calls, generate LP reports, and manage ongoing fund operations with investor data already in Ark. Why this matters for different stakeholders: 1 – For fund managers: Your finance and IR teams stop wasting time on data entry and can focus on actual fund operations. You reduce errors that create reconciliation problems. And you accelerate time from fund close to first capital call. 2 – For fund administrators: Clean data flows automatically from your clients’ fundraising activities into your fund accounting workflows. You can offer investor onboarding services to clients while maintaining your existing operational processes in Ark. 3 – For finance teams: You get structured data instead of manually extracting information from PDFs. Capital commitments, entity details, and payment instructions are already formatted correctly for your general ledger. You spend less time fixing data errors and more time on financial analysis and reporting. ↗
Hebbia enhances platform with Preqin data. Hebbia, an AI platform for finance, is now collaborating with BlackRock Aladdin to integrate Preqin data into the platform. The integration enables LPs and GPs to leverage Preqin private markets data directly within Hebbia, allowing investors to make fast and informed decisions. Through this integration, joint Preqin and Hebbia users can seamlessly connect Preqin datasets, which span all private markets asset classes, including private equity, private credit, venture capital, infrastructure, and real estate, with Hebbia’s workflow tools. This allows firms to combine Preqin data with internal and third-party data sources to conduct due diligence, screen deals, benchmark against competitors, map relationships for fundraising, and monitor portfolios. ↗
Zest Equity and Carta partner to offer an enhanced cap table experience. The collaboration is designed to simplify fundraising and equity management for startups, particularly in the Middle East and Africa region. The core offerings include: 1 – Zest Equity’s Cap Table Simplification: Zest helps founders clean up historical shareholder structures, consolidating various investments (like SAFE notes or convertible notes) into a single Special Purpose Vehicle structure. 2 – Carta’s Equity Management Platform: Once the cap table is simplified, companies can use Carta’s platform to manage their ongoing cap table needs, equity plans, and future funding rounds. 3 – Bundled Offering & Discounts: The partnership includes a bundle where founders receive a 15% reduction on both Zest’s simplification services and Carta’s management platform. This integration aims to eliminate “cap table friction” which can often delay funding rounds, providing founders with a clear infrastructure for scaling their businesses. Key benefits of this partnership include: 1 – Streamlined Workflow: Founders have an aligned process from initial cap table cleanup to long-term equity management. 2 – Investor-Ready Reporting: The combined service ensures that investors receive professional and consolidated reports. 3 – Cost-Effectiveness: The bundled discount makes the process affordable for companies navigating private markets. ↗
LSEG and AgentSmyth form collaboration to bring LSEG Lipper Data into AI-native wealth workflows. This partnership will enable advisors to analyze fund universes, flows, concentration, and portfolio performance. AgentSmyth is an AI-native trading and research desk for institutional and wealth investors. SEG Lipper’s ETF and mutual fund dataset will be integrated directly into AgentSmyth’s agentic platform, beginning with its newly launched Wealth Agent “Agent W”. AgentSmyth will use LSEG Lipper’s global ETF and mutual fund coverage as the data core for Agent W, enabling advisors, CIOs, and portfolio teams to interrogate fund flows, performance patterns, concentration, and peer standing through natural-language queries. Agent W’s agentic architecture routes these questions through LSEG Lipper’s identifiers, classifications, and history, returning auditable outputs suitable for investment committees and client reporting. Building on this first deployment, LSEG and AgentSmyth intend to expand access to additional datasets over time, enabling broad agentic workflows in research, portfolio construction, and risk management. ↗
FINTRX & Ultimus Fund Solutions form new partnership. This collaboration provides Ultimus’ asset management clients with seamless access to FINTRX’s private wealth intelligence, enhancing their product distribution strategies. Through this partnership, Ultimus clients will gain direct access to FINTRX’s platform, which features profiles and data on registered investment advisors, broker-dealers, family offices, and other private wealth entities. By leveraging FINTRX’s data and technology, Ultimus’ clients can enhance their outreach, identify new distribution opportunities, and build relationships with decision-makers across the private wealth ecosystem. FINTRX’s platform is designed to streamline workflows, save time, and uncover insights. By partnering with FINTRX, Ultimus clients will now have the ability to: 1 – Pinpoint targets within the private wealth space, 2 – Access data on family offices, RIAs, broker-dealers, and endowments & foundations, 3 – Leverage insights to optimize their distribution strategies, 4 – Utilize FINTRX AI Intelligence tools to uncover insights, streamline workflows, and enhance decision-making through AI-driven recommendations, 5 – Seamlessly integrate FINTRX’s data and tools with their existing CRM systems for improved efficiency and centralized management of client interactions. ↗
LSEG and Citi form multi-year data & analytics partnership to enhance client delivery. The partnership strengthens Citi’s data foundations, supports its modernization efforts and enhances the quality and speed of client delivery. Under the multi-year agreement, LSEG’s data and analytics will support Citi’s front-to-back workflows across markets, investment banking, wealth, trading, risk, finance and compliance. By consolidating data access and standardizing governance, usage rights and entitlements, the partnership will help Citi drive scale, efficiency and consistent data-driven decision-making throughout the bank. LSEG will provide AI-ready content, multi-asset class data spanning economic indicators, pricing and market information, company and reference data, benchmarks and indices, fund and Lipper data, deals data, commodities, news, risk-intelligence and regulatory data. This will support a range of activities, enabling clear insights and informed client conversations for Citi. The partnership gives Citi access to LSEG’s end-to-end workflow solutions, led by LSEG Workspace, supported by wealth and advisory APIs and enterprise platforms. This is complemented by multi-channel content delivery for real-time and historical pricing, news, investment and advisory content, wealth and trading feeds, FX and buy-side trading capabilities, and professional services. This new collaboration also strengthens Citi’s compliance, KYC and risk management frameworks. By integrating LSEG’s World-Check risk-intelligence data, Citi will enhance the consistency, auditability and coverage of its onboarding and monitoring processes across markets. ↗
Mend.io’s integrates with ServiceNow to help organizations manage application, network, and operational risks. With Mend.io integrated directly into ServiceNow Vulnerability Response, organizations can now centralize AppSec findings alongside network and operational vulnerabilities. Benefits include: 1 – All AppSec findings flow directly into ServiceNow, 2 – Enterprise teams can prioritize risk with full visibility, 3 – Automated workflows accelerate remediation, 4 – Teams no longer operate in silos. ↗
NEW CLIENTS
ODDO BHF AM selects Chronograph to enhance its portfolio monitoring capabilities, bringing automation to data collection, reporting, and analysis. ODDO BHF AM is an asset manager in Europe and part of the Franco-German financial group ODDO BHF. It offers investment solutions in equities, fixed income, asset allocation, private equity and private debt to institutional clients and distribution partners. ↗
Janssen Capital picks Enfusion by CWAN as its investment management platform. Backed by Votorantim, a Brazilian investment holding company, Janssen is growing its footprint in Europe and modernizing its portfolio operations from an in-company setup to a front-to-back investment management platform. CWAN is supporting Janssen throughout implementation and future growth. ↗
Clean Energy Ventures selects Harvest by Dasseti as ESG reporting software partner. Clean Energy Ventures will use Harvest to power its financial and ESG data collection, streamlining reporting and enhancing opportunities for value-added engagement. Clean Energy Ventures is a global venture capital firm funding early-stage climate innovations. Harvest will facilitate financial, impact, and ESG data collection and validation across CEV’s entire portfolio of companies. CEV relies on this reporting to monitor the progress of its investments in key sustainability areas. Harvest will enable CEV to provide support and promote best practice within its portfolio companies. ↗
OFFICE & PERSONNEL
Northern Trust unveils leadership changes, effective January 1, 2026. Clive Bellows, President of Europe, Middle East and Africa, and Guy Gibson, Global Head of Institutional Banking & Markets, have been appointed co-presidents of Asset Servicing, succeeding Teresa Parker, who will retire after more than 40 years of service with Northern Trust. Melanie Pickett, Head of Asset Servicing for the Americas, will assume the newly created role of chief transformation officer, leading the design and execution of initiatives firmwide that accelerate innovation and adapt to changes in the market. All three executives will report to Chief Executive Officer Michael O’Grady. Gibson and Pickett will join Bellows as members of the Northern Trust Leadership Team. ↗
Anaplan appoints Bill Guilmart as Senior Vice President of AI, Product and Solutions Marketing. In this role, Guilmart will strengthen alignment across Anaplan’s AI, application and platform capabilities to support sales, marketing and customer outcomes, while enhancing the company’s go-to-market strategy. Guilmart will also join Anaplan’s Executive Committee. Guilmart brings more than 25 years of experience at Workday, IBM, SAP, Hyperion Solutions and Oracle. Most recently, he served in senior leadership roles at Workday — across product management and product marketing — where he guided strategy and drove the development of new enterprise capabilities. ↗
Altvia welcomes Sebastian Holst as Chief Product Officer. Holst will play a key role as Altvia advances its product vision, accelerates its roadmap, and builds solutions that help private-capital firms unify relationships, intelligence, and workflows. ↗
Joshua Lloyd-Lyons joins 73 Strings as Head of Corporate Development and M&A, EVP. Lloyd-Lyons will be working across M&A, strategic partnerships, and corporate development. ↗
S&P Global appoints Matt Calderone as Chief Financial Officer of the Mobility business. Calderone will be joining the company by March 1, 2026. Calderone will serve as the CFO of the standalone public company through its planned separation from S&P Global and will oversee all aspects of the company’s Finance function. He will report to Bill Eager, President of S&P Global Mobility, and CEO-designate of the future standalone company. S&P Global expects to complete the separation of the Mobility business within 12 to 18 months from the date of the separation announcement, subject to the satisfaction of customary legal and regulatory requirements and approvals, including final approval by the S&P Global Board of Directors and the Form 10 registration statement being declared effective by the US Securities and Exchange Commission. Calderone is the outgoing CFO of Booz Allen. In this capacity, he led financial strategy and execution to drive growth and shareholder value. He oversaw the company’s strategic finance, forecasting and planning, investor relations, acquisitions and corporate ventures, capital structure and deployment, and accounting. ↗
Jared Geer starts new position as Director, Client Success at Blueflame AI. Geer has been with Blueflame AI for the last 1.5 years and until recently was the Associate Director, Client Success. Prior to Blueflame AI, Geer was at Cassini Systems for six years. ↗
Fundcraft unveils two new senior hires at the company. Jan Lazar joins as Head of Digital Transformation, and Benjamin Epstein joins as Head of Sales, Institutional Clients. Lazar joins fundcraft with over 20 years of senior global experience in private markets, product development, structuring, and operating-model engineering. His career spans leadership roles at Credit Suisse and Stableton, and advisory mandates across private equity and private debt. Lazar will spearhead fundcraft’s Digital Transformation Advisory Practice, supporting managers undertaking operational change. The practice introduces a multi-phased engagement model to help firms co-design their future digital and scalable operating model, from defining scope and performing gap analysis to operational shadowing, onboarding and migration planning. Epstein brings more than 15 years of experience across capital markets, private markets, portfolio management and enterprise sales. His background includes Goldman Sachs, Citi and most recently he served as Director, Scale-up Venture Debt and Innovation Banking at Raiffeisen Bank International. Epstein will lead fundcraft’s commercial efforts with asset managers, with a focus on expanding the firm’s footprint in private equity and private debt. ↗
S&P Global adds Hubert Joly to its Board of Directors. The Board of Directors at S&P Global has approved the addition of Joly to the Board, effective January 2, 2026. Joly is the former Chair and Chief Executive Officer at Best Buy and is now a senior lecturer at Harvard Business School. Earlier in his career, Joly served as President and CEO of Carlson, a global hospitality and travel company. In addition to his teaching post at Harvard, Joly is a member of the Board of Directors of Johnson & Johnson and was until recently on the Board of Ralph Lauren Corporation. Joly will serve on the Board’s Audit and Compensation and Leadership Development Committees. ↗
VENDOR RESEARCH & WHITEPAPERS
Decimal Point Analytics has a new blog, “Reimagining Vendor Strategy for Talent and Resilience”. Decimal Point Analytics states that “vendor management is no longer a back-office concern, it is a boardroom capability”. In this blog, Digify explains why it feels that way. ↗
Bite Investments has a new blog, “The 2025 Investor Shift: What it Means for Private Capital Managers in 2026”. In this blog, Bite looks at how investor preferences are shaping the strategies and operations of investment managers to stay ahead of their competition and build long-lasting relationships with valued investors. ↗
Digify has a new blog, “What Is Information Rights Management and Why Does It Matter in Modern Dealmaking?”. In this blog, Digify breaks down what IRM is and what it actually does. ↗
Cofi.ai has a new blog, “The margin for error is gone…Why pe capital deployment in 2026 demands a quantifiable edge”. Cofi.ai states that “for 2026, Private Equity success requires surgical capital deployment”. By reading this blog, readers can learn 3 new rules for GPs: 1 – transparent “Glass-Box” valuation, 2 – quantifiable Value Creation Plan attribution, 3 – and real-time risk quantification. ↗
AWARDS
Allvue Systems named Best Data Provider at the American Financial Technology Awards 2025 for its Private Credit Intelligence product. The AFTAs, hosted by WatersTechnology.com for over 21 years, celebrates outstanding innovation on both the vendor and end-user sides. ↗
