Transaction Network Services (TNS) is enabling firms wanting to co-locate and directly access the London Stock Exchange Group (LSEG) to seamlessly move trading operations when the LSEG datacentre relocates from its current London City location to a new London site
AI enabled fintech company Qraft Technologies has closed a USD146 million investment from SoftBank Group Corp. (SoftBank), which includes primary growth capital and secondary capital that will be used to fund share purchases from investors.
Digital asset investment products saw outflows totalling a weekly record of USD207 million last week, according to the latest Digital Assets Fund Flows Weekly report from Coin Shares. This follows the outflows that began mid-December with the four-week run now
X-Meta, a brand-new crypto exchange powered by Binance Cloud, is providing customers around the globe with an easy-to-use and highly secure crypto trading exchange service, offering a host of powerful and unique features. The exchange was developed as the main
Using managed services, and co-sourcing arrangements, will not be suitable for all fund managers. It will always depend on the individual manager’s circumstances: How new is the business? How big is the team? What are the long-term objectives?
Another key operational challenge facing managers is keeping on top of what can often become numerous legal entities, as they build out their investment programmes in private credit. This might involve setting up workflow processes that span both closed-ended and
To avoid the strain on in-house back-office teams, fund managers have, in recent years, increasingly turned to cloud-enabled hosting and managed services to support their operations. In addition to providing robust accounting and world-class fund administration, SS&C is well-positioned
The global private credit market has experienced significant growth in recent times. At the start of last year there were 436 private credit funds in the marketplace. By October 2020, that number had risen to 520, according to the Financial
Spouting Rock Asset Management (Spouting Rock), a multi-boutique manager platform providing investment solutions and services, is to merge with Old Hill Partners Inc (Old Hill), an alternative asset manager focused on asset-based lending transactions with small- and medium-sized businesses. A
The Citco group of companies (Citco) has enhanced its Citco Data Services platform to enable clients to receive data directly via their own cloud provider. The cloud delivery feature removes a number of steps for clients wishing to access their
