DMS Governance has gone live with Funds Recs’ cash and position reconciliation modules, which are part of the Velocity platform, and ensure all open positions and cash balances held are auto reconciled back to the custodian/broker. Delivered as a fully
For Liquid Holdings Group, a comprehensive technology and services firm that focuses on supporting small- to mid-sized hedge funds, the time has never been better to redefine the ‘mini-prime’ model with a stable environment for managers to generate investor and
Nasdaq has made a USD190 million all cash recommended public offer to acquire Cinnober, a Swedish financial technology provider to brokers, exchanges and clearinghouses worldwide. Nasdaq’s acquisition of Cinnober would strengthen its position as one of the world’s leading market infrastructure
Société Générale Securities Services has opened a new office in Hong Kong to offer transfer and registrar agent services.
Silk Road Management has launched the Silk Road Iraq Index (SILKIQ) and Silk Road Iraq Oil Index (SILKIO), two debut equity indices that include largest Iraq-focused companies, listed on the Iraq Stock Exchange (ISX) as well as international bourses in
For award-winning boutique prime brokerage Global Prime Partners this year has seen the firm go from strength to strength, laying further foundations to their reputation as one of the hedge fund industry’s ‘go to’ service providers to small and medium
The Bermuda Monetary Authority (BMA) has released an Information Bulletin outlining what documentation is required when submitting an application for a digital asset business (DAB) licence. The Digital Asset Business Act 2018 (the Act) makes provision for DAB licenses. To
Issuance is developing a platform that aims to give the increasing supply of digital securities offerings (DSOs) direct access to institutional and retail investors alike. Issuance will offer compensation and early access to high quality deals as incentives for its
In many, if not most, cases, capital introduction teams at prime brokers have tended to function as ‘quasi marketers’ for their hedge fund clients. The name of the game appears to be getting their clients in front of as many
Mini primes and those looking to establish new prime brokerage businesses are currently a big focus for SS&C Advent, according to Roger Woolman, Business Development Director, Asset Management & Alternatives. Over the years the firm has built long-running relationships with
