Global fintech Gresham Technologies (Gresham), a specialist in providing real-time solutions for data integrity and control, banking integration, and payments and cash management, is to acquire post-trade automation specialists, Electra Information Systems, (Electra). Read the full story at Institutional Asset
CSC has gone live on the Fund Recs Velocity Platform for cash, position, and trade reconciliations. Read the full story at Institutional Asset Manager…
Talos, an institutional technology provider for digital asset trading, has completed a USD40 million Series A investment round led by Andreessen Horowitz and including investments from PayPal Ventures, Fidelity Investments, Galaxy Digital, Elefund, Illuminate Financial, and STEADFAST Capital Ventures. Read
Trend-following hedge funds and CTA strategies remain in broadly positive territory heading into the final stretch of 2021’s first half, as defensive bets on fixed income look set to pay off against a backdrop characterised by economic recovery and rising
BMLL, an independent provider of harmonised, historical data and analytics, is to make its Data Lab available to École Polytechnique’s team of quantitative researchers. Read the full story at Institutional Asset Manager…
RIMES, a specialist in Managed Data Services (MDS) for financial institutions, has appointed Brad Hunt as CEO. The appointment comes as the business accelerates the development of its innovative data management solutions for the asset management industry. Hunt will lead
Linklaters has launched MFNiQ, a new tool built by the firm’s investment funds practice, technology and innovation teams in collaboration with iManage to automate the generation of ‘most favoured nation’ side letter matrices, reducing a task that could take several
London-based GWM Asset Management has launched a novel merger arbitrage hedge fund strategy which uses ESG (environmental, social and governance) factors in its investment process. The strategy, which rolled out in early May with USD270 million in assets, has a
Sovryn, a bitcoin-based decentralised finance (DeFi) protocol, has agreed a USD9 million investment from a consortium of partners, vetted for their strategic contribution and led by Anthony Pompliano’s Pomp Investments, after a proposal was formally accepted by the Sovryn community.
Macrobond, a provider of global economic, aggregate financial and sector data for finance professionals, has launched a Web API data feed to give customers direct access to millions of data points in real-time and on-demand. Read the full story at
