Bermuda has a long history of commitment to upholding compliance with international best practices, while understanding and recognising the need for continuous improvement and management of the various stakeholders of the jurisdiction. Bermuda has prudently taken strides to adapt, augment
Leading British Virgin Islands-headquartered offshore law firm Harney Westwood & Riegels has announced its merger with the Cayman Islands firm of C.S. Gill & Co.
The Standards Board for Alternative Investments (SBAI) has launched its Alternative Credit Working Group to explore current institutional investor priorities in the credit space, as well as standards and practices. The Standards Board has also welcomed Angelo Gordon, Bridgewater Associates
The Depository Trust & Clearing Corporation’s (DTCC) expansion of its Sponsored Service of its subsidiary Fixed Income Clearing Corporation (FICC) has been approved by the Securities and Exchange Commission (SEC). DTCC views this as the latest milestone in the transformation
Broadway Technology, a provider of high-performance fixed income and foreign exchange solutions, has acquired 100 per cent of Barracuda FX, a global provider of FX order management technology. With this acquisition, Broadway will continue to expand its product suite and
Vela’s fully-hosted and managed Direct Market Access (DMA) Platform is now available in the Japan Exchange Group (JPX) site in the Tokyo region. With a tier 1 investment bank among one of the first major clients at this co-location space,
Low-touch electronic trading across European equity markets will account for nearly EUR2.1bn in commission revenue by 2010, up from 1.8bn in 2008, according to European Equity Trading 2008
The modern-day hedge fund typically consumes vast amounts of data and leverages its IT providers for next-generation tools and analytics to keep it at a competitive edge. And whereas the private cloud was deemed an ideal environment in which to
Tennyson Fund Solutions, a Bermuda- and UK-based provider of full service fund administration services to hedge funds and funds of hedge funds, has announced the launch of its North Americ
Intertrust, a provider of administrative services to clients operating and investing in the international business environment, has strengthened its fund servicing platform in Ireland with the launch of a new fund administration business. Intertrust will provide administration services to both
