Drooms, a provider of virtual data rooms in Europe, and Oodrive, a European specialist in sensitive data management, have formed a strategic partnership and will market their joint solution in their respective markets: France and French-speaking territories for Oodrive, and
PwC has appointed David Selden as partner to lead its Alternative Investment Funds (AIF) team’s new legal business. Selden has joined PwC following 15 years, ten as partner, at US law firm Fried Frank. He brings experience of working on a
Man GLG, the discretionary investment management business of Man Group, has launched the Man GLG Innovation Equity Alternative, a global long-short fund managed by Priya Kodeeswaran. Available in UCITS format, the fund focuses on opportunities in companies or sectors undergoing
Convergex, an agency-focused global brokerage and trading related services provider, has deployed Ancoa’s market surveillance platform to monitor all trading activity across its domestic (US) and international cash equities and options brokerage businesses. The deployment monitors trading activity of all
Purpose Investments (Purpose) has launched the Purpose Enhanced Premium Yield Fund providing investors with a new way to access an alternative-income strategy. Purpose has completed the initial public offering of the fund which is now trading on the Toronto Stock
State Street Corporation has launched State Street MediaStats Central Bank Indicators and State Street MediaStats Thematic Indicators – two new quantitative investment insights derived from digital media. The new indicators collect unstructured data from tens of thousands of curated media sources
Hong Kong’s Value Partners Group is supporting business expansion beyond Asia by automating its front-and middle-office activities with the Charles River Investment Management Solution (Charles River IMS). A client since 2015, Value Partners recently went live on Charles River’s Post-Trade
The Depository Trust & Clearing Corporation’s (DTCC) full-service institutional straight-through-processing (STP) suite of products processed close to one billion trades for the first time in 2016, across equities, fixed income, equity swaps and repurchase agreements. DTCC’s products automate trade lifecycle
CME Group has declared a first-quarter dividend of USD0.66 per share, a 10 per cent increase from the prior rate of USD0.60 per share. The dividend is payable on 27 March 2017 to shareholders of record as of 10 March 2017.
Bitcoin expert Nicholas Gregory, founder and CEO of London-based cryptocurrency enabler CommerceBlock, comments on recent volatility in cryptocurrency prices… Prices of digital currencies have been on a rollercoaster ride lately but this violent volatility is actually all a bit of
