Adjusted profit before tax (PBT) at Man Group was USD145 million for teh first six months of 2017, an increase of 38 per cent on the H1 2016 figure of USD98 million, according to the company’s latest interim results. Funds under management
Finbourne Technology has launched LUSID (Liberated Unified Secure Investment Data-machine), a new cloud-based asset management platform designed to replace existing in-house software and hardware. Finbourne says LUSID can dramatically cut operational and capital costs, modernise capability and liberate managers from
Eurex, Europe's largest derivatives exchange, is offer total return futures on the Euro Stoxx 50 Index from 2 December. The new futures complement the Eurex suite of equity index derivatives and support the market in complying with new financial market
SmartStream Technologies, a financial Transaction Lifecycle Management (TLM) solutions provider, has partnered with RegTek.Solutions, a specialist in regulatory compliance technology, to launch Reconcile.Trade, a managed service that provides independent, turnkey reconciliations that directly address regulators’ demands for the proactive oversight
Elliptic, a specialist in crypto asset risk management solutions, has integrated its blockchain analysis solutions for transaction and wallet risk screening with Fireblocks’ institutional platform for storing, transferring, and issuing digital assets, automating anti-money laundering (AML) compliance for shared institutional
Intercontinental Exchange is planning to launch a new London Silver Daily Futures contract on 5 September, 2017, pending regulatory review. The contract offers physical delivery of unallocated silver held in a London Precious Metals Clearing Limited vault. The launch of
Saxo Bank Securities Ltd (Saxo Bank Japan) has selected Torstone Technology’s Inferno to replace the bank’s legal ledger and comply with regulatory reporting requirements in Japan. Saxo Bank Japan will initially use InfernoRC to bring greater efficiencies to its post-trade
Westchester Capital Management (WCM), a registered investment adviser focusing on liquid alternative investment strategies, has added two members to its team to support its expanding lineup of alternative investment funds. Reny Mathew, who joined as Associate Director of Sales and
MUFG Investor Services, the global asset servicing arm of Mitsubishi UFJ Financial Group, has appointed Ben Griffiths (pictured), as Managing Director, Global Head of Fund Financing. He will be based in London and will report to John Sergides, Global Head
The Managed Funds Association (MFA) will host Commodity Futures Trading Commission (CFTC) chair Timothy G Massad at the Outlook 2016 Conference. Massad will make a keynote address at the association’s annual leadership conference in New York on 21 October.
