aXpire has launched its latest technology innovation into the Fund Administration Services space. aXpire will initially serve to help asset and fund administrators and managers at banks, hedge funds, private equity firms and others to deal with the resource and time-costly process of allocating and apportioning outside vendor costs to each fund, or split of funds as is appropriate, based on the deal.
Datum is a decentralized and distributed high performance NoSQL database backed by a blockchain ledger. This technology allows anyone to securely and anonymously backup structured data from social networks, wearables, smart homes, and other IoT devices. Datum provides a marketplace where users can share or sell data on their own terms.