On 15 April 2015, Cordium, a leading global compliance consulting, accounting, tax and software provider to the financial services industry, introduced a new compliance software solution called Pilot. A cloud-based solution, Pilot is a more up-to-date, cutting edge version of
In the last few years, market complexity has grown in response to increased regulatory demands, increased investor due diligence requirements, more complex fund strategies and even how hedge funds manage their balance sheets with their prime brokers. These demands are
Northern Trust Hedge Fund Services has called on the hedge fund industry to leverage technology and adopt clearer industry standards in data management to help close a gap in transparency expectations between fund managers and investors. The recommendation follows a
Tullett Prebon Alternative Investments (TPAI) has developed and launched a screen-based matching engine called TP-AIME (Tullett Prebon Alternative Investments Matching Engine) to better facilitate transactions in alternative investments. In addition to functioning as a price discovery and matching engine, the
BlueBay Asset Management, a manager of fixed income and alternative investment products, has chosen Confluence’s Unity NXT regulatory reporting solutions to automate its data reporting processes. BlueBay will use Unity NXT AIFMD Transparency Reporting, Unity NXT Form PF Reporting and
Thomson Reuters and ICAP Information Services (IIS) have renewed a distribution agreement which adds new electronic data sources to the 19901 service – a reference source for USD interest rate swaps and US Treasuries. The 19901 service now provides Thomson
Euronext has expanded it Spotlight options offering with new options on IMCD, a distributor of speciality chemicals and food ingredients (ticker symbol: IMD). The options follow the company’s successful IPO on Euronext and are available for trading on the Amsterdam
KNEIP, a service provider for the fund industry, has partnered with AssetLogic to launch the Fund Information Network. Fund data management is ultimately the responsibility of the asset manager. For over 20 years, KNEIP has helped asset managers and administrators
Omgeo ProtoColl, Omgeo’s automated collateral and margin management solution, is offering a standard interface to The Depository Trust & Clearing Corporation (DTCC) Global Trade Repository (GTR). ProtoColl clients can leverage the new interface to meet the upcoming European Market Infrastructure
Years of history and painstaking development — component by component, some proprietary and some purchased — have shaped the operational frameworks that distinguish midsize to large hedge fund managers from each other. These substantial investments in back- and middle-office technologies
