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CubeLogic, a provider of enterprise risk management solutions, has launched a new Risk-as-a-Service (RaaS) offering developed in partnership with Numerix and IOWArocks. The new service delivers advanced credit, market and compliance risk analytics in a flexible, scalable solution with both end-of-day and real-time capabilities.
The new RaaS managed service solution comes with a set of pre-configured options which have been specifically designed to meet the unique needs of financial services institutions and energy and commodity firms alike.
Launched in response to client demand, highlights include:
• RiskCubed risk engine, powered by Numerix advanced valuation and risk analytics, offering the full range
THETA, a specialist provider of buy-side trading technology as a service, has appointed Neena Dholani as Head of Business Development and a Board Member.Dholani has 25 years of experience in Capital Markets, specialising in fixed income e-commerce and technology sales to the buy-side. She has an in-depth knowledge of applying technology solutions for multi-asset trading across the full order-execution life cycle, including front to back workflows and regulatory frameworks.
Dholani joins THETA from FIX Trading Community, where she was Global Marketing and Membership Director. Previous roles include Head of e-Commerce Sales at Commerzbank and Societe Generale, and senior fixed income
Miami International Holdings (MIH), the parent holding company of the MIAX Exchange Group, and the Minneapolis Grain Exchange (MGEX), a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), has completed the acquisition of MGEX for a combination of cash and MIH common stock. MGEX will continue as a wholly owned subsidiary of MIH.
With this acquisition, MIH adds a well-established futures platform on which to continue its expansion and which will allow MIH to list both options and futures on new products that will be exclusive to its exchanges.
Thomas P Gallagher, Chairman and Chief Executive Officer of MIH, says:
The short-term outlook for liquid alternatives in Europe remains pessimistic, but the promise of uncorrelated returns is expected to boost demand over the medium term as investors diversify their portfolios, according to findings from the latest issue of The Cerulli Edge—Global Edition.“Net new flows of liquid alternatives in Europe will likely be negative for a second consecutive year in 2020, although net new outflows are expected to moderate in the latter part of the year,” says Andrius Dovydavicius, a research analyst with the European institutional team at Cerulli Associates.
However, Cerulli believes that the greater transparency provided by liquid alternatives,
Franklin Templeton is rolling out a new emerging markets-focused hedge fund strategy on its FTAF liquid fund platform, and aims to tap into sovereign and corporate debt opportunities with a “global macro style” of alpha generation.
The Franklin K2 Emso Emerging Markets UCITS strategy, a sub-fund of the firm’s Franklin Templeton Alternatives Funds (FTAF) range that launched last year, will trade an assortment of EM sovereign and corporate debt securities and currencies, including derivatives, long and short.
The new Emso fund replicates the investment strategy currently housed within Franklin Templeton’s UCITS compliant multi-strategy vehicle, the Franklin K2 Alternative Strategies Fund,
Index provider S&P Dow Jones Indices is partnering with Lukka, a New York City-based crypto asset software and data company to launch global cryptocurrency asset indexes.Read the full story at Institutional Asset Manager
The European Spot markets as operated by EPEX SPOT increased by 11 per cent to 52.4 TWh in November, largely driven by the good performance in both the Intraday (+18 per cent to 9.5 TWh) and the Day-Ahead markets (+10 per cent to 42.9 TWh).On the European Power Derivatives market, the total volume increased by 35 per cent to 494.8 TWh with Belgium, Slovenia and the Nordics setting new monthly records respectively.
The German (+44 per cent to 313.4 TWh), French (+22 per cent to 58.8 TWh), Spanish (+30 per cent to 20.4 TWh) and Hungarian (+29 per cent to
BMLL, an award-winning data and analytics provider, has joined IOWARocks fast-growing data owner community. This partnership means the BMLL advanced analytics data feed is now available to capital markets users via the IOWArocks marketplace. The BMLL Data Feeds cover venue analytics, trading costs, alternative pricing, pricing analytics and trading analytics.
BMLL Technologies provides advanced analytics on global market microstructure data and unlocks the predictive power of pricing data, giving clients the tools to improve their competitive edge. BMLL’s Data Feeds are pre-computed from the most granular, full depth order book data, providing market participants actionable insight on the markets they trade.
SureFire Capital’s SureFire Multi-Strat has secured a top ranking from global data provider Preqin. The multi-strategy fund was ranked No1 by Preqin as of 30 September, 2020 in four different Hedge Fund of Funds categories: Year-to-date 2020 net return, Cumulative 12-month and three-year annualised returns, and Sharpe Ratio. SureFire Capital’s Investment Club, formed in 2016 with five members, now exceeds 1,100 family office and high net worth investors from multiple countries.
“We are honoured to receive this fund performance recognition for SureFire Multi-Strat, LP, while steadfastly aligning with our investors on multiple levels, including SureFire not charging management fees, adhering to
Swedish multi-strategy hedge fund firm Brummer & Partners has capitalised on last month’s equity surge, with its flagship Brummer Multi-Strategy vehicle generating strong returns across its underlying funds as November’s coronavirus vaccine breakthrough and US election result sent risk appetite soaring.
The Brummer Multi-Strategy (BMS) fund – which invests in a range of single-strategy hedge funds – advanced 3.1 per cent in November in both its USD and SEK classes, to put its year-to-date return to 7.7 per cent.
The Brummer Multi-Strategy 2xL twice-levered version has meanwhile gained more than 14 per cent in the 11 months since the start
