Singapore Exchange (SGX) saw year-on-year growth in its commodities, clearing and fixed income activities in January 2012. Securities daily average value was notably 47% higher at SGD1.3 billion in January compared to a seasonally quiet December 2011, but down 27%
The Alternative Investment Management Association (AIMA), the global hedge fund industry association, has formed a new AIMA Council, its global board of directors. The former US SEC commissioner Kathleen Casey (pictured) continues as non-executive chairman. The newly elected members
Volante Technologies has launched its SWIFT Funds Migration Accelerator, which is designed to increase firms’ readiness to support ISO 20022 funds message types. In November 2015, SWIFT will remove the ISO 15022 funds message templates from SWIFTNet. The 2015
Advise Technologies has released upgraded reporting and electronic filing software for the Alternative Investment Fund Managers Directive (AIFMD) to coincide with the new guidelines released by the European Securities and Markets Authority (ESMA). On 1 October, ESMA released final guidance
AIMA Canada, the national group of the Alternative Investment Management Association (AIMA) in Canada, has appointed its board for 2014-2016. Michael Burns assumes the role of chair, succeeding Gary Ostoich, a founding member of AIMA Canada who has served as
Torstone Technology has released a new Inferno module that consolidates OTC derivative trades from multiple front office systems and feeds them into Global Trade Repositories (GTRs) such as DTCC, automatically. The aim is to help financial institutions comply more
Singapore-based investment firm 3 Degrees Asset Management has announced that Michael Gilmore has joined the firm as a managing principal.
Heptagon Capital, a USD2bn specialist asset management business set up in 2005 by former Morgan Stanley executives, has hired Tapio Pekkala as a vice-president in its investment management
PerTrac has launched a new service that offers hedge fund administrators the ability to deliver performance tear sheets to their hedge fund clients, including how well the funds performed relative to benchmarks. Hedge fund managers can offer these alternative tear
CameronTec has integrated its FIX platform with the Object Trading’s global DMA platform for equity, derivative and FX markets. As sell-side firms wrestle with the opposing requirements to reduce business cost and complexity without diminishing client service, they increasingly look
