Latest News
SteelEye, a compliance technology and data analytics firm, has appointed Rob Friend as Chief Operating Officer, effective immediately.Friend’s 24 years of international financial services experience will be instrumental in scaling SteelEye’s business operations as it prepares to support increasing global demand for holistic, data-centric compliance solutions.
Since its launch in October 2017, SteelEye has gained more than seventy clients and now has a team of fifty serving clientele across seven countries. As the company plans for expansion into North America and Asia Pacific, and a Series-B fundraise to support further growth, Friend joins to scale SteelEye’s operations – optimising internal
PineBridge Investments (PineBridge), a global asset manager focused on active, high conviction investing, has appointed Brian McCarthy as Chief Risk Officer, Europe.McCarthy joins PineBridge Investments Ireland and will oversee all aspects of risk management in Europe. In his role McCarthy will ensure the effective operation of PineBridge’s risk management infrastructure, covering PineBridge Funds (UCITS and AIFs, across fixed income, equities, multi-asset and private market/alternatives), as well as oversight of the firm’s operational risk management.
McCarthy is based in PineBridge’s Dublin office, and will report to Tracie Ahern, Chief Financial Officer and Chief Risk Officer. He will also assume the
CMC Markets Institutional has integrated its comprehensive, multi-asset Direct API with Centroid Solutions. Read the full story at Institutional Asset Manager…
Truss Edge, an independent middle and back office technology solutions suite for fund managers, has further improved its data management, systems infrastructure and performance capabilities. The improvements come as part of its latest update to its core software.Other improvements have included enhancements to its navigation and transaction reconciliations systems.
The latest core software update is directed at helping client fund managers, including hedge funds, family offices and ETFs, deal with key operational challenges. Truss Edge assists funds and their service providers in automating data management and reporting functions.
Data management capabilities have been enhanced to allow Truss Edge analysts to
Hedge fund specialist Theta Capital Management has launched a new multi-manager fund vehicle for investors to access distressed credit market opportunities. Theta Capital has been waiting for the right time to capitalise on distressed markets and with Covid-19 causing such dislocation in the global economy, the firm feels now is the right time to invest with a select number of distressed managers.
Apex Group (Apex) has appointed Julie Ferguson as Co-Head of Throgmorton Compliance Solutions, working alongside previously announced Co-Head Mel Scotland.Ferguson brings an extensive record of accomplishment and experience across all non-investment areas. In addition to her background in the traditional asset management space, including extensive experience managing operational risk within a quantitative investment manager, Ferguson has an excellent understanding of digital assets and the emerging cryptocurrency industry. She has held senior operational and financial roles at firms including commodities trading house VCMT and FCA regulated investment advisory company Ashenden Capital Management. Ferguson began her career in prime brokerage at Morgan
The European Energy Exchange (EEX) intends to enable negative prices on its natural gas spot markets as of 1 October 2020, following a number of key price fluctuations which have taken place in the market over the recent months. Driven by EEX’s committment to always provide its customers with state-of-the-art services and support – as market-based solutions for trading, balancing or pricing – the move will allow the exchange to handle any price scenario that may arise in the future. The activation date has been set in coordination with regulators, infrastructure operators and trading participants to ensure a smooth implementation in
PwC has appointed David Selden as partner to lead its Alternative Investment Funds (AIF) team’s new legal business. Selden has joined PwC following 15 years, ten as partner, at US law firm Fried Frank. He brings experience of working on a variety of investment management and securities law matters across jurisdictions and asset classes, with emphasis on private investment vehicles, including hedge funds, private equity funds and real estate funds.
At PwC, Selden will provide the experience and credentials to support the firm in creating a new integrated tax, legal and regulatory service offering to AIF managers, investors and service
The Investment Consultants Sustainability Working Group has been formed by twelve UK investment consulting firms to improve sustainable investment practices across the investment industry.
SmartSearch a specialist in anti-money laundering software solutions has been named in the Sunday Times Sage ‘Tech Track 100’ for a second successive year. Read the full story at Institutional Asset Manager…
