DTCC-Euroclear Global Collateral has launched the Inventory Management Service (IMS), a solution that enables market participants to mobilise securities from the US to Europe for use as collateral amid rising demand for high-quality securities to back trades. With IMS, financial
The European Energy Exchange (EEX) and the Polish Ministry of the Environment have concluded an agreement under which EEX, in its capacity as the common EU auction platform, will auction off the Polish share of emission allowances until a national
Jersey has introduced a new regulatory framework for private funds which the Jersey Financial Services Commission believes will enhance the island’s competitiveness as a jurisdiction in which to establish funds. The new Jersey Private Fund consolidates and streamlines Jersey’s private
The Jersey Financial Services Commission (JFSC) has launched the Jersey Private Fund (JPF) Guide, setting out the criteria for Jersey’s new private fund product which can be marketed to up to 50 professional investors. The JFSC has launched the JPF
INDATA, a provider of software, technology and services for buy-side firms, has made functionality enhancements geared towards the MiFID II implementation date of January 2018. More than 350 changes have been made to the iPM Epic software suite. Numerous
Pacific Fund Systems (PFS), a provider of fully integrated fund administration software via its PFS-PAXUS application, has appointed Didier Lucotte as cloud services manager in the firm’s European operations team. Lucotte, who will based in the group’s Isle of Man
Protos Cryptocurrency Asset Management is planning to hold an Initial Coin Offering (ICO) to raise capital for a data-driven crypto hedge fund that will invest solely in cryptocurrencies and tokens. Protos tokens will be a security issued under the exemption
Bloomberg has signed an agreement to become the corporate sponsor of the EDHEC Business School’s MSc in Financial Markets. Students studying the Financial Economics track of EDHEC's MSc in Financial Markets can now access the Bloomberg Professional service, or Terminal,
Dealogic has combined its buy-side products into a single offering, Dealogic Connect, creating an MiFID II compliant solution that links a network of 250-plus investment firms to 150-plus sell-side partners. Dealogic Connect brings together Dealogic's acquisition of A2 Access' aggregated
London-based Garraway Capital Management has announced that it is to build on its strong 2016 performance with a programme designed to build its assets. Its Irish UCITS fund, Garraway Financial Trends, was launched in 2012, becoming a ‘pure’ UCITS strategy
