The concept of outsourced trading is not new to hedge funds, but its relevance has arguably come to the fore over the last 12 months as managers of all shapes and sizes seek out ways to run their businesses as cost-effectively as possible.
Clearstream, a provider of post-trading services, will from 2021 onwards use software products from BearingPoint RegTech to meet most of their regulatory reporting requirements.
Genesis, a global financial markets software firm, has launched FX Prime, a trade capture application developed for FX & rates trading desks with Prime Broker integration.
Genesis, a specialists in digital currency prime brokerage services, has appointed Dr Derar Islim to the newly-created position of Chief Operating Officer (COO).
Tourmaline Partners, an independent outsourced trading solutions firm, has marked the 10th anniversary of its business.
ACA Compliance Group has launched a specialist global environmental, social, and governance (ESG) advisory practice.
Data and analytics company BMLL has made the BMLL Data Feed available to sell side participants on the Kx Streaming Analytics platform.
RegEd has acquired the ComplianceMAX and FIRE Continuing Education businesses from National Regulatory Services (NRS), a provider of compliance and registration products and services for investment advisers, broker-dealers, hedge funds, investment companies and insurance institutions.
Apex Group (Apex) has launched Invest Check, a tool to help financial market participants collect the necessary data to report on and comply with the upcoming EU Sustainable Finance Disclosure Regulation (EU SFDR).
The Citco group of companies (Citco) has opened new offices in Abu Dhabi Global Market (ADGM), the international finance centre in the United Arab Emirates, after increasing its assets under administration (AUA) in the region last year by 400 per cent to approximately USD125 billion.