SS&C Technologies has released a new web-based application for Tamale RMS, which is designed to provide a secure browser experience and help front office professionals connect with their research anytime, anywhere. The release also features tools for viewing, filtering and
Hedge fund data provider HFR is at an advanced stage of working with one of the large global derivatives exchanges to develop a new investment product, the HFRI-I futures contract, a contract based on the HFRI-I Fund Weighted Composite Investable
The London Metal Exchange (LME) and Henry Bath, whose shareholders include CMST Development and Mercuria Energy, have set up a pilot programme for the launch of the LMEshield commodities safeguarding system in China. During the pilot programme, which will run
Nasdaq and SIX Swiss Exchange have extended their current technology contract, which includes X-stream INET Trading technology for all SIX markets, including equities, ETFs, structured products, funds and fixed income, as well as SMARTS Market Surveillance and Nasdaq Pre-Trade Risk Management. In addition,
Object Trading, a provider of multi-asset trading infrastructure, has been fully approved by BM&F Bovespa in Sao Paulo as a conformed ISV to handle market data, order entry and pre-trade risk constraints via its Direct Market Access (DMA) platform for
Millennium Trust Company, a provider of custody solutions for institutions, advisers and individuals, has expanded its fund custody solution to include custody for registered investment companies ('40 Act Funds) as well as verification services. "Millennium's fund custody solution was created
City Index has reduced its spreads across a wide range of FX pairs, with AUD/USD, EUR/USD and USD/JPY now to be priced from 0.5 pts and GBP/USD from 0.8 pts. The move signals a shift from fixed to variable spreads
The pace of consolidation within the hedge fund administration space shows no let-up, with MUFJ Investor Services, the asset servicing arm of Mitsubishi UFJ Financial Group, having just announced its latest acquisition; Rydex Fund Services, a 1940-Act fund administration business
In order for the alternative funds industry to evolve one point that needs to be addressed is that the term 'Hedge Fund Administration' is too narrow. Firstly, one cannot avoid a trend towards convergence within alternatives that has steadily gained
There is plenty of scope for further consolidation in the hedge fund administration space, but only those with a clear strategic vision and a willingness to reinvest in their businesses will likely emerge as tomorrow’s winners. Consolidation in the hedge
