The Bank of England has authorised ICE Clear Europe as a central counterparty (CCP) in accordance with the European Market Infrastructure Regulation (EMIR). In order to be authorised, ICE Clear Europe has demonstrated that the clearing house’s governance, operations, risk
PEGAS, the pan-European gas trading platform operated by Powernext, is to enable 24/7 trading for its spot spread contracts as of 22 September 2016. The availability of spread products on a continuous basis completes the range of PEGAS spot contracts.
In the first of a five-part series, SEI discusses the impact of five disruptive technologies and how they can be applied to the financial industry. The first of these five trends relates to IBM Watson, and the power of cognitive
Financial services provider SS&C Technologies has acquired Wells Fargo Global Fund Services, a provider of administration, middle-office, operations and cash/collateral management services to alternative investment managers. The terms of the deal have not been revealed. Wells Fargo GFS administers more
There are five ways to improve the impact of your hedge fund pitch book with institutional allocators, according to JD David (pictured), partner and chief operating officer at Meyler Capital. David says: “We produce a fair amount of marketing collateral…
The Gemini Companies’ affiliate Gemini Alternative Funds has completed a software integration with IASG Alternatives. As part of a strategic relationship, prospective Gemini Alt investors will have access to the IASG Alternatives managed futures database without leaving Gemini Alt’s Galaxy
McKay Brothers International (MBI) has reduced transatlantic latency on its Quincy Extreme Data (QED) service to the lowest available for financial market data services. QED’s new transatlantic fibre capability combined with McKay’s extremely low latency microwave on land in the
SimCorp, a provider of investment management solutions and services for the global financial services industry, has enhanced its partnership with FX Connect to provide SimCorp Dimension users with full foreign exchange netting capabilities. SimCorp leverages FX Connect’s cross-currency netting capabilities
TFG Financial Systems, a provider of real time risk monitoring solutions to investment managers, secured five new mandates in the third quarter from a Tier 1 bank, a mini-prime broker and three hedge funds globally. TFG believes the demand for
McKay Brothers, a specialist in low latency networks, has secured an investment from trading firm IMC. IMC will take a minority stake in McKay, providing capital for the improvement of McKay’s networks serving the latency sensitive trading community. Financial
