Tether Gold (XAU₮), a digital asset providing ownership of physical gold (XAU) custodied in Switzerland, has witnessed increasing demand as the price of gold surpasses USD1,900 a troy ounce amid increasing geopolitical tensions.
Blockchain platform Telos has increased its staking rewards and funding for development. Stakeholders voted to approve these measures as part of the Telos Economic Development Plan 2.0, supporting core developers and the network’s increased adoption.
Real time data from SIX’s catalogue, which includes 1,800-plus global exchanges and trading venues, is now available via the Xignite Enterprise Microservices offering. Read the full story at Institutional Asset Manager…
Saxo Bank, a fintech specialist focused on multi-asset trading and investing, has added China A-shares to its global multi-asset offering. Saxo Bank clients are able to trade A-shares listed on the Shanghai and Shenzhen stock exchanges. Access will be enabled
Cassini Systems, a provider of pre- and post-trade margin and collateral analytics for derivatives markets, and business information provider IHS Markit, are partnering to automate the calculation of margin estimates within thinkFolio. The collaboration will, for the first time, provide
CoInvestor, a platform that digitises alternative asset transactions for advisers, fund managers, and private investors, has integrated its technology with financial advice back-office software supplier Intelliflo’s ‘Intelligent Office’ (iO), to deliver an upgraded service to customers. CoInvestor is now available
Danel Capital, an AI-driven analytics company, has partnered with Crux Informatics (Crux) to offer the Danel AI Score S&P 500 predictive stock scoring dataset to customers around the world. It will be available via Crux’s cloud-based data delivery platform, which connects
From public cloud to AI Ops, advanced technology is reshaping contingency planning and the future of work for hedge fund managers. Cloud computing has revolutionised the way hedge funds operate, and in many respects, has blurred the lines between office-based
Hedge fund redemptions continued to decline from their Covid-19 pandemic-fuelled peak of USD85.6 billion in March. Net redemptions in May were USD8.0 billion, 0.3 per cent of industry assets, according to the Barclay Fund Flow Indicator published by BarclayHedge, a
Increasing regulations around cybersecurity, data protection and privacy are reinforcing the proposition of outsourced third party service providers. They themselves already operate under a strict data governance framework and recommend robust risk management and data governance strategies to clients so
