SS&C Technologies, a provider of financial services software and software-enabled services, has acquired full-service fund administrator Gravity Financial. The transaction, which adds 40 fund services customers and 10 staff, supports SS&C’s strategy of targeted growth and leadership in the alternative
GFI Market Data, a division of GFI Group Inc (NYSE: GFIG) and QUICK Corp have signed an agreement whereby GFI will supply QUICK with credit derivatives market data as of 23 April, 2012. GFI Group, via its GFI Market
Eurex Clearing and Pirum Systems announced have entered into a Connectivity Agreement to facilitate access to Eurex Clearing’s upcoming CCP service for securities lending. Pirum Systems is an acknowledged market leader in automating post-trade processes for the securities finance industry.
BTIG, a financial services firm specialising in institutional trading and related brokerage services, has secured a strategic investment from CLSA. BTIG and its global affiliates will continue to operate as fully independent organisations. CLSA, an Asian independent brokerage and
Citi has been awarded a mandate from Guggenheim Investment Advisory, a division of Guggenheim Partners, to provide a complete suite of services including middle office, fund administration and custody for Guggenheim’s hedge fund investment platform. "We are pleased to be
Absolute return manager GEMS Groups has received legal and regulatory approval for its acquisition of Kenmar-Olympia. Following the merger the combined business will be known as the GEMS Kenmar-Olympia Group and will be active in managing over USD2bn through a wide
Trient Asset Management AS (Trient), headquartered in Oslo, Norway and Tiger Management LLC (Tiger), headquartered in New York City, have announced a strategic partnership to focus on investing in a global macro strategy. Trient is a new investment company, whose
Paladyne Systems has teamed up with Advise Technologies LLC, a regulatory reporting solutions provider, to specifically support Form PF requirements. Paladyne Systems has integrated the Advise Technologies solution with the Paladyne Suite of data collection and data management products to
Weeden Investors, the parent company of Weeden & Co – a full-service institutional broker, has completed the acquisition of Saxis Group, a full-service prime brokerage business. Under the confidential terms of the agreement, Saxis Group becomes a wholly owned
Graham Stock (pictured), chief strategist at Insparo Asset Management comments on Bharti Airtel decision to sell a stake to Qatar investment group… Bharti Airtel’s desire to raise fresh capital to finance further investment in its African operations highlights the continuing
