Digital Assets Report

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IPC Systems, a provider of communications and networking solutions for the financial markets community, is collaborating with OneAsia, a provider of connectivity, data centre, managed cloud and technology infrastructure services in Asia, to equip investors with the connectivity and technology for participation in the Chinese financial markets.   “IPC has a strong presence in the Chinese financial markets,” says David Dodd, SVP and managing director, Asia-Pacific, IPC. “Our relationship with OneAsia allows us to provide IPC’s global community with connectivity to the growing Chinese capital markets with both domestic and international connectivity solutions.”   Via the partnership, the IPC Financial
Elsen, a platform-as-a-service company for large financial institutions, is to support the launch of QA Point, a new Thomson Reuters product built on its cloud-based platform, in the Asia Pacific region.   QA Point, the first commercially available product built on the Elsen nPlatform, was introduced to the North American market in May.   As a result of positive feedback in North America, Thomson Reuters has accelerated its launch across Asia, introducing the product months ahead of schedule.   “We’ve been able to accomplish some major feats with Thomson Reuters in a relatively short period,” says Zac Sheffer (pictured), founder
Maitland, the global advisory and fund administration firm, has acquired Edinburgh based R&H Fund Services Limited from Jersey-based fund administrator R&H Fund Services (Jersey) Limited.   The move is the latest chapter of a period of global expansion for Maitland, following the acquisition of UK-based Phoenix Fund Services and the opening of offices in Miami and New York.   R&H’s Edinburgh office is primarily focused on the investment trust sector and currently service eight funds, representing a total assets under administration of approximately GBP2 billion (bringing Maitland’s total AuA worldwide to over GBP220 billion).   The deal will allow the
The US Commodity Futures Trading Commission (CFTC) has approved the creation of LabCFTC, an initiative aimed at promoting responsible fintech innovation to improve the quality, resiliency and competitiveness of the markets the CFTC oversees.   Located in New York LabCFTC will also look to accelerate CFTC engagement with fintech and regtech solutions that may enable the CFTC to carry out its mission responsibilities more effectively and efficiently.   LabCFTC is the agency’s focal point to promote fintech innovation and fair competition by making the CFTC more accessible to fintech innovators and serving as a platform to inform the CFTC’s understanding
BlueMountain Capital Management, a private absolute return investment firm with USD22 billion in assets under management, has expanded the responsibilities of three members of the firm’s executive team.   Marina Lutova Meyers, a partner and portfolio manager at BlueMountain, has been given expanded responsibilities for overseeing performing credit globally. She will also continue to lead the firm’s long/short credit portfolio in North America, as well as its index arbitrage strategies. Meyers also oversees global trade execution, and is a member of the management and investment committees.   Meyers joined BlueMountain in 2007 from Bridgewater Associates, where she began as a
Baird, an international wealth management, capital markets, private equity and asset management firm, has selected CAIS as the enterprise alternative investment platform for its financial advisers.   Established in 1919, Baird has more than 3,400 associates serving the needs of individual, corporate, institutional and municipal clients, and has more than USD170 billion in client assets under management.   “The CAIS platform provides the turnkey access to high-quality alternative investment funds that Baird has been looking for,” says Dayna Kleinman (pictured), director and senior product manager for alternative investments at Baird. “Baird advisers can now turn to the CAIS platform when
Non-bank prime services firm Invast Global’s CEO, Gavin White (pictured), has been nominated for appointment to the Board of the Japan-listed parent company, Invast Securities Co, Ltd.   Invast Global continues to enjoy remarkable success with its acclaimed PurePrime multi-asset offering and has gained recognition throughout the industry for the unique transparency and control afforded to clients wishing to gain leveraged access to FX, Metals, Energies and Equities markets. PurePrime is particularly popular with the more sophisticated end of the market – hedge funds, asset managers and brokerages. White has assembled an enviable team of experienced and talented staff at
Where the vulnerabilities are – It’s 3:40 on a Friday afternoon, and an urgent email hits a back-office employee’s inbox. As the employee scrambles to get ready for the market-close and head off to a three-day weekend, it looks like the portfolio manager for a major client needs him to wire USD125,000 to a bank in Grand Cayman.  His colleagues are tied up with other matters, and, since he’s eager to be responsive to this important client’s request, he follows the wire instructions in the email to complete the transfer – with just a few minutes to spare.   Bad
FAB Partners, a global alternative investment platform, has completed the acquisition of a majority stake in Halkin Asset Management, a London-based alternative asset manager.   The combined company will be rebranded as Centricus and will continue to target returns across all asset classes, sectors and geographies for its investors.    Halkin is a London-based FCA-regulated and SEC registered multi-manager platform, offering portfolio management and advisory services. It provides complete solutions to early stage and established portfolio managers.   The transaction will support the expansion of Halkin’s onshore asset management capabilities, as well as its corporate finance advisory business.   The
The past 12 months has seen The Bahamas review its existing legislative framework for investment funds, with a view to ensuring that it maintains its competitiveness. Under the existing framework, some of the innovations that The Bahamas has introduced, such as the ICON legal structure and the SMART Fund series, have raised the jurisdiction’s profile and helped attract new business.  However, it is time for a refresh of the 2003 Investment Funds Act which provided for these innovative instruments which support private wealth management.  As Tanya McCartney (pictured), CEO and Executive Director of the Bahamas Financial Services Board comments, while

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