Hazeltree, a New York-based cloud-based treasury and liquidity management solution for hedge funds and private equity firms, has announced a partnership with Necto API, a fintech transforming corporate finance and treasury departments by aggregating bank APIs.
This will enable Hazeltree to enhance its banking connectivity network, helping its clients access a range of financial data sources efficiently.
Clients of Hazeltree’s zConnect platform will now aim to benefit from Necto’s multi-bank API aggregation, which provides a “single endpoint” for real-time bank connectivity, bank account balances, and intraday payments.
This integration offers support for hedge funds, private equity firms, and fund administrators by delivering real-time visibility into liquidity, “enhancing operational efficiency, and reducing the risk of manual errors.”
With a rich history of supporting large and complex hedge funds, Hazeltree’s zConnect platform initially focused on connecting counterparties such as “prime brokers, custodians, and ISDA counterparties for collateral management.”
Hazeltree zConnect has reportedly expanded to support fund administrators and larger private equity firms with their global banking needs, “enhancing its capabilities to manage complex entity structures and investment strategies.”
By leveraging both bank APIs and P2P connections, Hazeltree provides the scalability required to meet the “diverse needs of its clients.”
Bank connectivity is a core component of Hazeltree’s treasury management and liquidity platform, enabling “automation of financial data flows and reducing operational complexity.”
With Hazeltree’s zConnect platform, hedge funds benefit from “liquidity management, securities financing, and streamlined interactions with prime brokers.”
Similarly, private equity clients gain access to global banks, “manage subscription lines and credit more effectively, and maintain cash liquidity for GP/LP structures.”
Necto’s network of banking APIs complements Hazeltree’s connectivity, expanding access to thousands of global banks.
This connectivity supports reconciliation, real-time data visibility, and security through standardized protocols.
Hazeltree is a cloud-based treasury and liquidity management platform, serving hedge funds, private equity firms, and other investment managers.
Hazeltree’s solutions help firms enhance liquidity, manage cash, and minimize operational risks via a banking network and connectivity solutions.
Necto is a fintech focused on transforming corporate finance and treasury departments through innovative banking API aggregation.
By providing a platform for financial data, Necto helps organizations optimize liquidity, manage risk, and boost operational efficiency.