Backstop Solutions Group, a cloud-based productivity suite for institutional and alternative investors, has launched IntellX, the newest offering in the group’s suite of data products and services. Using artificial intelligence and machine learning, Backstop IntellX ultimately aims to automate inbound
BSO, an Ethernet network, cloud and hosting provider for the financial services industry, is now providing connectivity solutions to Gemini, a cryptocurrency exchange and custodian, directly from the global BSO network. BSO’s global Crypto Connect network provides specialist solutions for
Confluence Technologies, a specialist in investment data management automation for regulatory, financial and investor reporting, has acquired StatPro Group, a provider of cloud-based portfolio analytics, asset data services and data management tools for the global asset management industry and asset management
Fulcrum Asset Management (Fulcrum) has launched the Fulcrum Diversified Liquid Alternatives Fund (the Fund), an unconstrained portfolio investing across real assets, alternative credit and diversifiers. The Fund has a target return of cash +4 per cent per annum over rolling
Glencore Agriculture, located in Rotterdam, the Netherlands, and Glencore Ltd of Stamford, Connecticut are to pay a USD2 million CFTC penalty for exceeding cotton futures position limits. A CFTC Order finds that on multiple trading days during May 2013, June
Vela, an independent provider of trading and market access technology for global multi-asset electronic trading, has launched its latest ultra-low latency Ticker Plant Appliance for US Equities. In partnership with Enyx, a developer and provider of ultra-low latency technologies and
PGIM Investments has made senior-level hires across its marketing and technology functions, as well as expanding the roles of two senior executives. PGIM Investments is the global manufacturer and fund distributor of PGIM Inc, the USD1.3 trillion global investment management
Ocorian, a provider of trust, administration and fiduciary services to corporate, institutional and private investors has appointed Pamela Valasuo as Head of Sales for Luxembourg and the Netherlands. Valasuo brings over 20 years’ experience of professional and financial services experience
Style Analytics, a provider of factor-based portfolio and market analytical tools for investment professionals, has appointed Damian Handzy as Chief Commercial Officer. Based in the US, Handzy will be responsible for a broad range of both strategic and tactical functions
Fund administrator Apex Fund Services (Apex) has appointed Richard Dinn as Global Head of Custody and Depositary Sales following the acquisitions of Deutsche Bank AFS and MM Warburg in Luxembourg. Dinn brings with him over 20 years of broad industry
