DTCC-Euroclear Global Collateral, a joint venture of Euroclear and The Depository Trust & Clearing Corporation (DTCC), and fintech company NEX, have formed a new partnership which is aiming to improve OTC derivatives margin call processes. As a new member of the GlobalCollateral Partner Program, NEX
Tax transparency has been an evolving focal point for the world’s economies as governments look to satisfy rigorous global compliance standards and shore up their tax revenues. Western media have focused on international financial centres following recent years’ cyber breaches
Man Group, the world’s largest listed hedge fund, has reported net inflows in the first quarter of 2017 of USD4.8 billion, driven by strong inflows into alternative risk premia, European long short and emerging market local currency strategies. These inflows
Crytocurrency exchange Coinbase has appointed Alesia Hass as its new Chief Financial Officer (CFO). Hass (pictured), joins Coinbase from hedge fund firm Och-Ziff Capital Management where she held the same position. At Och-Ziff, Haas oversaw all aspects of accounting, tax,
BlackRock is to acquire Tennenbaum Capital Partners, an investment manager focused on middle market performing credit and special situation credit opportunities. The acquisition augments BlackRock’s position as a leading global credit asset manager and advances its goal of providing clients
The team behind London-based credit investment specialist PVE Capital is forming Prosperise Capital. The establishment of Prosperise involves a new legal structure, new partners, new offices in London and further offices globally, but the original investment team and their credit
Northern Trust Hedge Fund Services (NTHFS) has launched Cash Optimization, an automated service for viewing and efficiently managing cash across all currencies and counterparties to meet funding needs, maintain target reserves and generate alpha by investing excess cash. Developed in
CompIQ, an enterprise software platform that provides investment management firms with real-time compensation benchmarking and related compliance services, has launched the second version of its enterprise platform following extensive customer feedback. CompIQ’s initial focus has been on real estate, venture
Lazard Asset Management (LAM) has appointed David Gibson as a Managing Director. Gibson will lead a New York-based team, which will implement a hybrid strategy at the intersection of human- and algorithmic-driven investment approaches. “David brings a wealth of both
OpenFin has appointed Mark Yallop as a non-executive board director. Yallop (pictured), serves as an Independent Member of the Prudential Regulation Committee at the Bank of England and as Chair for the Fixed Income, Currency and Commodities (FICC) Markets Standards
