OpenGamma, a specialist in derivatives analytics, has raised USD10 million in funding led by early-stage fintech and B2B software venture capital firm Dawn. The funding round includes participation from existing investors Accel, CME Ventures and ex-SunGuard CEO and prolific fintech
Saxo Bank has announced the launch of the Essential account – a price competitive solution for entry-level traders. The new account type has launched in the UAE and UK and will be followed by a roll out in Australia and
Conyers Dill & Pearman has launched an innovative Funds eTool – the first of its kind for offshore investment funds.
Northern Trust Corporation has reached an agreement with Citadel to bring Omnium technology development in-house – including a team of key development professionals as well as software development rights for its Omnium technology platform. The agreement gives Northern Trust greater
Fenimore Asset Management (FAM) has selected Ultimus Fund Solutions to provide services for its three mutual funds, with USD1.6 billion in net assets. FAM, a Cobleskill, New York based firm, converted the servicing of their funds to Ultimus after performing
Thomson Reuters has successfully gone live with its key MiFID II services, helping the financial services industry meet the new regulatory requirements. The new services are part of Thomson Reuters’ commitment to providing a comprehensive suite of solutions to assist
RegTek.Solutions has launched Validate.Trade for SFTR, an independent data quality assurance solution for ESMA’s Securities Financing Transaction Regulation (SFTR). Using the platform’s rich application, flexible API or simply Excel spreadsheets, clients can start testing the quality and integrity of their
ResearchPool, the leading global digital platform for investment research, has signed a new partnership with Invest Securities to offer investment companies a MiFID II-compliant solution to access reports and analysts. Invest Securities will also exclusively distribute its research on ResearchPool.com
Investcorp has formed a strategic partnership with Steamboat Capital Partners (Steamboat), a long-short investment firm, through its Hedge Funds Partnerships platform. As part of the relationship, Investcorp provided additional capital to Steamboat to accelerate growth and raise assets under management,
Gemini experienced record-breaking growth in 2017, with an 80 per cent increase in the number of registered fund launches executed during the year. When surveyed, clients cited the key drivers in selecting Gemini for their new funds, including: • Gemini’s
