ALPS Fund Services is to expand its Denver-based hedge fund administration business with the acquisition of Kaufman Rossin Fund Services (KRFS), an independent, full-service provider of specialised administration services to the financial community. Established in 1994, KRFS has offices in
Linedata, a global solutions provider dedicated to the investment management and credit industries, and Electra Information Systems (Electra), a provider of state-of-the-art reconciliation solutions for the asset management industry, have integrated Electra Reconciliation and Linedata Mfact, Linedata’s global fund accounting
IHS Markit is partnering with OpenText, a specialist in Enterprise Information Management (EIM) to allow Counterparty Manager users to use OpenText’s Perceptiv Contract Analysis to automatically digitise and extract key terms from documentation. Tighter integration of IHS Markit and OpenText
Cowen, following the closing of its acquisition of Convergex Group (Convergex), has made the strategic decision to discontinue the Millennium ATS midpoint matching offering. Millennium’s Form ATS has been amended to reflect this change and all subscribers and trading partners
The Grand Court of the Cayman Islands has ordered that redemption payments made to an investor of the failed Weavering Macro Fixed Income Fund prior to the commencement of its liquidation are to be repaid. The Court ruled that the
Ernst & Young’s Global Information Security Survey 2015, entitled ‘Creating Trust in the Digital World’ provides a comprehensive insight into how organisations view their cyber defences. The data presented reveals a number of inconsistencies that illustrate a lack of real
Colt now provides connectivity to the pan-European exchange Equiduct through its financial extranet Colt PrizmNet, making it easier for firms to meet their best execution requirements under MiFID II. Colt PrizmNet connects to key equity trading venues as well
It’s June, which means hurricane season is upon us, and it’s time to shore up business contingency plans. As we all remember, many firms in New York and New Jersey were impacted by Hurricane Sandy back in 2012, and since
Eze Software, a provider of investment management technology, is investing in its EMEA operation and has appointed David Quinlan (pictured), an 18-year veteran of Eze Software, Executive Managing Director, EMEA. Quinlan will be leading EMEA business development, sales and client services
Global advisory and fund administration firm Maitland has appointed David Hathorn, until recently the CEO of FTSE 100 packaging and paper giant Mondi, to the firm’s board as a non-executive director. Hathorn (pictured) will also act as chairman of
