Amid rising operating costs and a shortage of experienced talent in Europe’s financial services sector, daappa Ltd and OneNexus announce a strategic partnership aimed at helping asset owners, fund administrators, and managers navigate these pressures with greater efficiency and control.
daappa, a leading provider of Private Asset fund accounting, administration, and data management solutions, will combine its mature, scalable hosted platform within a secure managed cloud infrastructure, with OneNexus’s expertise in outsourced fund accounting, transfer agency, managed data, reporting, and middle office services. This alliance offers clients a seamless, integrated managed service that balances cutting-edge technology with hands-on BAU and project operational support.
OneNexus stands apart through its flexible engagement model, serving as an extension of clients’ teams rather than a conventional outsourcing provider. Their experienced professionals operate across multiple teams and provide extensive coverage and scalable infrastructure, ensuring accuracy, speed, and regulatory compliance across critical fund operations.
The partnership directly addresses an evolving regulatory landscape and operational complexities faced by private markets participants, enabling, among others, startups and boutique firms to reduce internal overheads, improve scalability, and maintain transparency and control.
Nicholas Wright, Chief Operating Officer at daappa, stated:
“In today’s challenging market environment, financial firms face mounting cost pressures and fierce competition for skilled talent. Our collaboration with OneNexus delivers a practical, scalable approach that integrates proven technology with expert outsourced services—helping clients strengthen operational resilience while optimising costs.”
Chetan Agarwal, CEO of OneNexus, commented:
“We are excited to partner with daappa in providing a technology-enabled managed service that truly acts as an extension of our clients’ teams. Together, we empower to meet complex regulatory requirements, improve operational efficiency, and enhance investor servicing without the burden of internal resource constraints.”
The combined offering is available immediately to new and existing daappa clients seeking to elevate their fund accounting, transfer agency, middle office, and reporting capabilities.