Cowen has entered into an agreement to cooperate with Global Prime Partners (GPP) to transition GPP’s International Prime Brokerage business to Cowen. Cowen and GPP will work together to implement this transition efficiently and with a commitment to best serve GPP’s
AiX has launched what it says is the world’s first natural language Artificial Intelligence (AI) broker platform, facilitating automated peer-to-peer trading in institutional over-the-counter (OTC) markets.AiX aims to transform OTC markets through its unique AI-driven negotiation and matching engine, executed through the AiX chatbot,
Truss Edge, a specialist technology platform for ETF and hedge fund operations, has updated its true STP Safari platform, which grew out of the operational and reporting needs of a large macro hedge fund, and now serves the front, middle
AcadiaSoft, an industry provider of risk and collateral management services for the non-cleared derivatives community, is to launch a joint initial margin analytics service with Clarus Financial Technology (FT). The service, enabled by AcadiaSoft’s Access application (part of AcadiaPlus), allows Clarus
The European Energy Exchange (EEX) has launched the “InsightCommodity” platform giving users the possibility to establish a comprehensive overview of available data products, services and providers around the energy and commodity markets of EEX Group. Dr Marcus Mittendorf, EEX Director Market
EQT is to make a significant growth investment in RIMES Technologies, a provider connected data insights to the investment industry. Read the full story at Institutional Asset Manager…
Cayman Island’s based Paget-Brown Trust Company has implemented FundCount software to support its expanding fund administration business. Paget-Brown is using FundCount for the accounting and reporting of its investment fund clients. Automated processes for calculation of net asset value (NAV),
Asia-Pacific region broker Straits Financial Services is now providing prime-of-prime (PoP) brokerage services to Spotex, a developer of modular, technology systems for foreign exchange brokers and institutional ECN operator. The agreement enables clients to access institutional FX liquidity via Straits Financial
Liquidnet, a global institutional investment network, has appointed Vicky Sanders as Global Head of Investment Analytics.In this newly created role, Sanders will lead the team for the company’s new business vertical, Liquidnet Investment Analytics (IA). The new business leverages the
By Frank Napolitani (pictured), Constellation Advisors – Given today’s challenging capital raising environment, it is more important than ever to ensure that key, non-investment functions of an investment management firm are being addressed and managed properly. Operational Due Diligence (ODD) plays
