Broadridge Financial Solutions has formed a strategic partnership with analytics solution provider Point Focal to bring Point Focal's alternative data-driven quantitative insights to NYFIX, Broadridge’s order-routing network platform.
Broadridge's NYFIX clients will now have access to automated reports that combine relevant data, visual analytics, and Natural Language Processing (NLP), and custom portfolios and watch lists, built from Point Focal’s aggregated, vetted, alternative data, delivered in digestible and actionable summaries.
Current reports from Point Focal that will be available on NYFIX include a pre-market report of recent news activity and sentiment scores, earnings recaps and outlooks; a post-market report summarising portfolio performance, and a weekly report summarising on-and-off exchange venue activity.
Hedge funds turn bearish on yen again as Japan-US rate gap persists
Hedge funds have swung back to bearish positions on the Japanese yen, rebuilding short bets as the currency continues to weaken against the…
More
Touradji Capital pay dispute heading back to court
One of the hedge fund industry's longest-running compensation disputes is heading back to court, with former Touradji Capital traders…
More
Hedge funds face September setback as rates, oil, and AI volatility hit returns
Hedge funds endured a difficult September as rising bond yields, stronger oil prices and sharp swings in AI-related stocks created a…
More