The latest technology news in the wealth management sector from around the world.

London-based Gravis Capital Management, a specialist asset manager in the infrastructure and real asset sector, has launched Carapace, a cloud-based investment management platform.

Developed in-house over the past eight years, Gravis said the offering meets the demands of infrastructure, real estate, and real asset investments. It ensures that managers have a complete view of portfolios so that users don’t have to rely, as in the past, on spreadsheets to make calculations.

In other features, workflows are integrated with Microsoft PowerBI and Excel for bespoke reporting, and potential API links to Xero and Creditsafe, for bank feeds and counterparty monitoring. 

“Carapace has been specifically built in response to what we felt was a lack of alternatives that could actually meet Gravis’s requirements, and the bespoke needs of infrastructure and real asset investors. The system has streamlined portfolio data, calculations and automated periodic reporting, freeing up time to ensure the team can focus on the most value-adding portfolio management tasks,” Iryna Hanbury, portfolio manager at Gravis, said.