The Horseshoe Group was established in 2005 and is a leading provider of insurance management services to insurers, reinsurers, as well as insurance linked securities (ILS) structures such as sidecars and catastrophe bonds. In June 2016, Horseshoe acquired IKONIC Fund
For managers who may already be using an onshore Delaware LLC, they now have the opportunity to use a Bermuda LLC as an offshore vehicle. This follows the formal introduction of the Limited Liability Company Act 2016 (LLC Act), which
By Sally Penrose (pictured), Appleby – The Limited Liability Company Act 2016 (LLC Act) came into force on 1 October, 2016 and introduced into Bermuda its first new corporate structure in 100 years. Appleby is pleased to have been able
Bermuda's financial regulator, the Bermuda Monetary Authority, takes a risk-based approach to regulating and supervising the entities for which it is responsible, including investment funds, investment providers, fund administrators, trust companies, insurers and banks. The Authority's mission, says Melissa Morton (pictured),
The Deutsche Bundesbank and Deutsche Börse have jointly launched a functional prototype for the blockchain technology-based settlement of securities. The prototype is designed to provide the technical functionality for the settlement of securities in delivery-versus-payment mode for centrally-issued digital coins,
IBM Security and SIX, the operator of the infrastructure underpinning the Swiss financial sector, are planning to leverage IBM Watson for Cyber Security in a new cognitive Security Operations Centre (SOC). The new facility will be housed at SIX’s offices in Switzerland
Trumid, a financial technology company that improves trading efficiency and market intelligence in the corporate bond market, is to acquire fellow all-to-all trading platform Electronifie. The acquisition will increase the size and diversity of the Trumid user network and strengthen
Luxoft is to acquire derivIT, a Singapore-based financial services-focused technology consulting provider. derivIT provides experience of leading platforms in credit and risk management and capital markets. The completion of the transaction is subject to approval by the Reserve Bank
The European Energy Exchange (EEX) has registered its first trade in EUA options. The trade was registered in the December 2016 expiry period with a volume of 250,000 EUAs. The trade was conducted by CEZ and another counterparty on
Deutsche Börse will be offering a new market data feed, CEF ultra+ Xetra Order by Order. The new feed will provide insight into the entire visible Xetra order book with unlimited order book depth. Market Data + Services designed
