The Besst Point Capital House hedge fund has now moved its trading infrastructure to the MetaQuote's MetaTrader 5 platform.
Technology & software solutions
Pico, a provider of technology services for the financial markets community, is to offer the Consolidated Tape System (CTS), the Consolidated Quotation System (CQS) and the Options Price Reporting Authority (OPRA) feeds from NMS-dedicated connectivity via a new separate, low-latency NMS network located in the Mahwah, New Jersey data centre.
Forex electronic trading platform and technology services provider EBS has connected its EBS Institutional (EBSI) execution management system to thinkFolio, a multi-asset investment management platform from IHS Markit.
Compliance and registration solutions provider RIA in a Box has launched a new platform to address the unique regulatory requirements faced by private fund advisers including venture capital, private equity, and hedge fund managers.
Digital asset trading platform Bitfinex has launched Bitfinex Terminal, a real-time market data feed to power algorithmic trading, available via Dazaar.
BornTec, a software solutions provider for trade data analysis and reporting, has released CrossCheck 2 (CC2), a wholly reimagined version of its platform CrossCheck platform.
The past six months have seen hedge fund managers deploy their disaster recovery plans which had probably been gathering dust since they were first drawn up. The shift to remote working has however uncovered key-person risk organisations were unknowingly exposed to. This in turn underscored the need for co-sourcing solutions to document and streamline all processes within a firm.
Technology has been critical to investment managers being nimble and adapting their processes to the fast-changing environment. This is also leading to new business outlooks as firms weigh up the benefits of making certain elements of the Covid-19 shift a permanent part of the way they operate.
By Robin Bedford, Opus Fund Services – The average hedge fund life expectancy is 3-5 years. Long-term viability is almost exclusively determined by ability to raise long-term capital. Many new managers launch without a major institutional ‘anchor’ investor, making it an instant chicken and egg problem. The smaller you are, the harder it is to raise capital.
As hedge funds become more comfortable with cloud database technology, the opportunity for new, more efficient ways of sharing data between organisations is starting to become a reality.