Interactive Data, a provider of fixed-income evaluated pricing, is to provide hourly snaps from its continuous evaluated pricing feed to Algomi Honeycomb (Algomi). Interactive Data will provide evaluated prices to the Honeycomb platform for high-yield and investment-grade US and European
Thirteen global banks, ICAP plc and market infrastructures The Depository Trust & Clearing Corporation (DTCC) and Euroclear have joined forces with AcadiaSoft, to solve an industry problem involving margin flows. Four global banks, as well as ICAP, DTCC and Euroclear
Taliance, an analytics software provider in the alternative investment marketplace, has selected Hipercept, to serve as its channel partner for North and South America. Taliance’s software solution, GlobalAsset, complements the technology infrastructure of alternative asset investment firms through real-time, dynamic
CV Holdings has entered into a Securities Purchase Agreement and an Investor Rights Agreement with an affiliate of Tricadia Capital Management in connection with the sale in a private placement of shares of newly created Non-Convertible Senior Preferred Stock shares
Best Credit Data (BCD), a provider of end of day bond pricing data, is partnering with Exchange Data International (EDI), to distribute BCD Municipal Bond End-of-Day Pricing data to EDI clients around the world. BCD Municipal Bond Pricing provides end
Deloitte has formed an alliance with Recommind to deliver a managed service to investment banks, transforming the way Over-the-Counter (OTC) International Swaps and Derivatives Association (ISDA) agreements are managed. The new offering will consist of a Deloitte service wrapping around
361 Capital, an asset management firm specialising in liquid alternative investments, has entered into a strategic partnership with private equity firm Lovell Minnick Partners. Lovell Minnick Partners will assume a minority ownership stake in the Denver-based alternatives firm. Transaction terms
Man Group is to acquire Pine Grove Asset Management, a USD1bn US-based fund of hedge fund manager specialising in the management of credit-focused hedge fund portfolios. The transaction is subject to customary closing requirements and is expected to close in
North Street Global Fund Services, an alternative asset administrator, has closed on its acquisition of Los Angeles-based hedge fund administrator Hedge Solutions. North Street Global Fund Services chief operating officer Joseph Musto, who co-headed the acquisition team, says: “Hedge Solutions
UK-based hedge fund manager Man Group has confirmed that it is in talks to acquire Boston-based fund management group Numeric Investors. According to a short statement on the group’s website, the company says that it: “notes the recent press speculation
