Apex Group has partnered with AlphaCentrix with the goal of delivering powerful data management solutions to its clients.
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 user-friendly client facing dashboards and analytics.
AlphaFuse is a middle and back-office capital markets middleware data hub, which provides workflow orchestration, transaction processing, and reference data management.
AlphaSpring is a portfolio reporting, business intelligence and communications platform for asset servicers and investment managers.
Following a period of rapid growth and strategic acquisitions, Apex Group’s implementation of AlphaCentrix’ software aims to ensure consistency of processes, higher levels of automation, and will deliver greater operational efficiency and an enhanced client experience.
Founded in 2002, AlphaCentrix provides data management solutions underpinned with technology architecture, to simplify investment operations for investment managers, fund administrators, and prime brokers.
AlphaCentrix’s middleware and data warehouse solutions provide technology solutions for security master, trade capture, price control and review, corporate actions, and to meet complex custom reporting needs of the client.
Christopher Mulhern, chief product and technology officer at Apex Group (pictured), comments: “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.
“This partnership is further evidence of Apex’s commitment to constantly evolving and consolidating our operations to ensure we always provide exceptional service when delivering a single-source solution to our clients.”
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.”
