JP Morgan has been selected by investment management firm Palmer Square Capital Management, a manager of hedge fund-of-funds partnerships and customised alternative investments, to provide Prime Custody Solutions for the recently launched Palmer Square Absolute Return Fund, the firm’s first open-ended
List Group, the electronic trading provider behind 15 of Europe’s electronic markets, has launched its standard alone grid computing platform, FMR Grid. The platform enables financial institutions to conduct complex risk analysis simultaneously across asset classes, improving risk management performance
Advent Software has unveiled a major new release of Geneva, its award-winning global portfolio management and fund accounting solution. With the 8.5 enhancements, Geneva is one of the only solutions available that provides portfolio through fund and investor-level accounting on
SVM Asset Management has chosen Calastone to manage its order routing service and to provide its electronic, interoperable re-registration solution. Calastone’s provision of an order routing service for SVM will reduce the complexity and number of links in the funds
ABC Quant has released Quant Suite 2009, an analytic platform offering solutions for hedge fund risk assessment and portfolio construction. Quant Suite applications cover the broad range of aspects of hedge fund risk management and asset allocation including: • Risk-return valuation
The testing of technology infrastructure relied upon by financial services firms to carry out their day-to-day operations is insufficient to protect against failure. That’s according to a survey undertaken by SunGard Consulting Services. The smooth implementation of upgrades or
Linedata has launched Linedata Global Hedge, a platform supporting the full investment lifecycle for hedge funds and alternative investment managers. Linedata Global Hedge covers trading and order management, through portfolio, risk and compliance management and middle office to investor accounting
ACE IT Solutions has partnered with IBM to provide security services that help hedge funds mitigate cyber security risks and meet SEC mandates. The SEC has just issued a risk alert detailing its plans to examine financial firms' cyber security
Torstone Technology has secured a new contract for the provision of Inferno for post-trade securities processing and trade accounting at London-based Daiwa Capital Markets Europe. The four year deal, negotiated with Daiwa Institute of Research – the global systems integration
NYSE Technologies, the commercial technology unit of NYSE Euronext, is actively expanding its SuperFeed product suite to Asian markets. SuperFeed is NYSE Technologies’ fully managed and hosted data ticker plant, with microsecond latency and coverage of major markets in North
