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Xignite has enhanced two of its financial data cloud APIs. Now offering functionality built for greater speed and specificity, these APIs enable fintechs to provide their users with the ability to follow worldwide business news and track upcoming earnings announcements. Demand for these capabilities has increased significantly since the pandemic started as Covid-19 has had a dramatic impact on corporate financials.
Unlike other financial data APIs, Xignite’s APIs are cloud native and offer a robust selection of use case-based end points. These end points are ready-to-use pieces of code that developers can easily integrate into their product or app, regardless
Activist hedge funds and certain other special situations strategies are still holding off from piling into longer-term buy-and-hold stocks amid the continued market uncertainty, instead choosing to trade opportunistically around cyclical names recovering from their coronavirus battering.
Managers running special situations funds have made hay in the recent recovery in cyclical names, but “have not shown the same appetite for bargains than in previous sell-offs,” Lyxor Asset Management strategists said this week.
Traditionally, event driven and activist funds tend to underperform in risk-off markets due to their long structural beta, but typically rebound quicker by eschewing short-term volatility patterns.
They
The product provided by GK8, a high-security custody solution for safeguarding and managing digital assets, is now insurable via Aon UK Ltd utilising insurance provided by a panel of insurers led by Arch Underwriting at Lloyd’s Syndicate 2012, which is part of the Lloyd’s insurance market. GK8 clients can activate the insurance policy to protect their assets under custody at a coverage cap of potentially USD500 million. The company’s custodian technology is already operational and helps to securely manage digital assets for world renowned companies like eToro.
The move marks a major breakthrough for GK8 and its institutional clients, as one
ONE regulatory has been appointed by Maitland to implement R-ONE, a cloud-based compliance technology and workflow tool.“With an ever-expanding portfolio of clients, one of our biggest challenges is how to use technology to create robust and scalable governance processes and manage our workflows,” says David Kubilus, Managing Director – ManCo Services at Maitland. Tobias Ettlin, Partner at ONE: “Our ability to provide customised, bespoke service solutions for our clients positions us perfectly to support Maitland.
“We were looking for an independent partner offering a standalone product, with a tailor-made and integrated compliance solution that wouldn’t comprise the security of our
Sucden Financial, a global multi-asset execution, clearing and liquidity provider, has joined TrueFX, a purpose-built OTC market designed for the buy-side, as a TrueFX Clearing Member (TCM).Launched earlier this year, the TCM network allows buy-side firms of all sizes to directly access liquidity on TrueFX from leading market makers without an intermediary. Clients of TrueFX have the option to clear through Jefferies FXPB, the central credit counterparty for TrueFX, or open an account with a TCM and gain access.
“We are pleased to be joining the TrueFX network as a clearing member and offer our clients access to this
Lacero, a governance technology provider for digital assets, has launched FlowOS, offering advanced transaction control and permissioning. FlowOS is now live with major cryptocurrency liquidity provider B2C2.FlowOS enhances existing wallet and custody solutions, giving users direct, independent control of their policies, procedures and rules. A radically different solution, it is the first platform to leverage blockchain technology to create a decentralised, immutable security architecture by constructing policy from independently certified smart contracts.
Introducing real-time governance, traceability and auditability, it makes it impossible to substitute, manipulate or circumvent approved policies and procedures, and enables reliable exception-based processing with a combination of
AQR Capital Management (AQR) has launched the AQR Diversifying Strategies Fund, which is designed to be a single solution to gain exposure to liquid alternatives with attractive long-term risk-adjusted returns by investing in a portfolio of AQR’s alternative mutual funds.
Leveraging AQR’s 20-year track record in alternative investing and position as a leader in liquid alternatives, the Fund is intended to serve as a complementary addition to an investor’s traditional stock and bond portfolio. The Fund will offer exposure to multiple alternative return sources that are independent from traditional stock and bond markets, which creates the potential to do well
Specialist fixed income manager, BlueBay Asset Management (BlueBay) is taking on the US CLO Management business of Royal Bank of Canada (RBC), BlueBay’s parent.
The US based CLO Management business has moved across to BlueBay to be integrated into BlueBay’s CLO management platform, under the leadership of Sid Chhabra, who joined BlueBay in 2018 to build the firm’s structured credit and CLO capabilities.
The US based team of four experienced individuals and the USD500 million CLO they manage expands BlueBay’s capabilities in US Leverage Loans and CLOs and strengthens the 26 strong leveraged finance team of investment professionals, who manage
London-based RJ O’Brien Limited (RJO Limited), sister company of Chicago-based independent futures brokerage and clearing firm RJ O’Brien & Associates (RJO), has appointed a veteran team of brokers to establish a new specialty in soft commodities.
Gary Papier, James Hunt and David Cutler have extensive experience in futures and commodities, particularly in coffee, sugar, cocoa and cotton.
The team reports to Renée Laird, RJO Senior Managing Director and Global Head of Commercial Agriculture and OTC Markets. Papier and Hunt are both Senior Vice President and Soft Commodities Co-Head. Cutler is Vice President, Soft Commodities. Papier and Hunt have worked together for the
Quantumrock, the German volatility-focused quantitative hedge fund manager, is on a roll this year, its flagship fund’s performance surging into double-digit territory with an equity futures-and-treasuries model built around AI trading throughout the market cycle.
