Switch Datacenter Group has sold its AMS1 data centre and operations to Equinix, in an all-cash transaction for EUR30 million (USD34 million). Switch Datacenter Group sees the sale as a logical step on its path to strengthening its focus on
The Cayman Islands has recently taken a number of measures to reinforce its position in the global financial services market. It has overhauled its anti-money laundering and counter terrorist financing legislation, which includes explicitly bringing unregistered (ie not registered with CIMA)
SIX and Shanghai Stock Exchange have renewed their existing Memorandum of Understanding (MoU) with the intention of further deepening their collaboration which was initiated in 2015. A Swiss delegation visited the Shanghai Stock Exchange today, where the two parties signed
Sterling Trading Tech (STT), a specialist in professional trading technology solutions, and Nasdaq have created a video series outlining the primary features and benefits of utilising Nasdaq TotalView on Sterling Trader Pro professional trading platform. Nasdaq TotalView is the standard
The Cayman Islands is fast becoming the go-to jurisdiction for software developers and fund managers alike as they look to establish cryptocurrency funds and ride what is, if one looks at the price of Bitcoin, a hugely volatile wave. Funds
HPR (Hyannis Port Research), a provider of capital markets infrastructure (CMI) technologies, has launched CRM-X, the newest version of its Central Risk Manager (CRM). CRM-X provides a real-time, pan-regional view of risk that encompasses all equities markets globally, solving one
By Lucy Frew, Partner, Walkers – Significant developments in the regimes for data protection and cybersecurity, together with increasing investor awareness, mean that these are key issues for hedge fund businesses in 2018. Technological advances have brought great opportunities and
Q&A with Jude Scott, Chief Executive Officer (CEO) of Cayman Finance… How would you assess the current health of Cayman’s funds industry? Cayman continues to be a top jurisdiction for formation of Alternative Investment fund products, with the world’s top
A global financial compliance firm is expanding its cybersecurity service targeted towards the financial services sector, following new advice from the European Supervisory Authorities. Lawson Conner wants to encourage financial services firms to treat cybersecurity as a compliance issue, and
