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JP Morgan’s Securities Services and Bloomberg are collaborating on a solution that transforms the post-trade workflow through direct front-to-back process, product, and data integration. Bringing together Bloomberg AIM, a leading Investment and Order Management System, with JP Morgan’s cutting edge back office technology and operational expertise, it provides a seamless and fully-integrated real-time settlement process that mitigates buy-side clients’ operational costs. The offering is now live and in production with the first joint Bloomberg and JP Morgan’s Securities Services client and is being made available to other buy-side clients.
Clients can achieve real-time post-trade workflows, enriched with custodian data, while operating
RessCapital, a specialist boutique hedge fund manager, is generating consistent uncorrelated returns with a novel investment strategy that focuses on the US life insurance industry.
Although lauded for their ability to outperform broader market indices, hedge funds’ “Best Ideas” do not excel relative to the rest of their portfolios, according to a study produced by Epsilon Asset Management, a quantitative investment firm, in collaboration with New York University.
Northern Trust has entered into a strategic alliance with BlackRock to deliver enhanced operations, data, and servicing capabilities to mutual clients. These new capabilities, delivered through Aladdin, BlackRock’s investment management and operations platform, provide clients with increased efficiency, interoperability and transparency across the back, middle and front office.
The relationship with BlackRock currently supports mutual clients and is an extension of Northern Trust Whole Office, an approach that integrates Northern Trust’s global asset servicing platform with innovative partners, facilitating client access to new technologies, services and solutions.
“Our Whole Office ecosystem delivers global asset owners and asset managers scale, efficiency, flexibility
The European Power Exchange EPEX SPOT and its clearing house European Commodity Clearing (ECC) have launched their Intraday continuous trading and clearing services in Denmark, Finland, Norway and Sweden. The first dat of trading was 25 May.During the first two days, 5,754 MWh were traded by six exchange members in all 12 Nordic bidding zones. A total of 1,342 orders were submitted in the same period. The markets are coupled via the pan-European Single Intraday Coupling (SIDC, formerly XBID). Daily market results are updated on the EPEX SPOT website.
Based on the most advanced trading standard offered in the region
IronFX has set its sights on streamlined withdrawals for forex traders at its new research and development centre, which is set to open in Mumbai.
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BrokerTec, a provider of electronic trading platforms and technology services in fixed income markets, and TriOptima, an OTC derivatives market infrastructure specialist, have teamed up to deliver an end-to-end repo workflow solution, providing full automation across the lifecycle of a repo trade.
Connecting the BrokerTec Quote dealer-to-client Request for Quote (RFQ) trading platform with triResolve enables clients to enrich a trade from the point of execution with a unique trade identifier (UTI), before sending it for reconciliation. This means firms can more easily track and correct any back-office trade and evaluation mismatches in client systems, before reporting the trade
The Chartered Alternative Investment Analyst (CAIA) Association, the professional body for the global alternative investment industry, has appointed Graeme Griffiths, Chief Operating Officer with the Principles for Responsible Investment (PRI), to its Board of Directors.The PRI is the world’s leading proponent of responsible investment. An independent organisation supported by the United Nations, the PRI encourages investors to use responsible investment to enhance returns and manage risks and has so far gathered more than 3,000 signatories around the world with more than USD100 trillion in assets under management.
“We are at a very interesting inflection point in our capital markets. Investors
The DE Shaw group, a global investment and technology development firm, has concluded fundraising for its initial onshore investment fund in China. The firm, a pioneer in quantitative investing established more than 30 years ago, has been active in mainland China since the mid-2000s, with a presence in Shanghai for more than a decade.
“We’re grateful for the opportunity to manage capital on behalf of a broad range of onshore Chinese investors, including institutions, asset managers, and high-net-worth individuals, and we’re pleased the fund is off to a strong start,” says Julius Gaudio, Executive Committee member, the DE Shaw group.
The DE Shaw Razor China
Genesis, a specialist in digital currency trading and lending, has launched a new derivatives trading desk. The new offering, which follows last week’s announcement that Genesis is launching a prime brokerage service called Genesis Prime, expands the company’s suite of digital asset trading, institutional lending, custody, and prime services.
“Genesis is a one-stop-shop for sophisticated market participants and trading partners in the digital asset industry,” says Michael Moro, CEO of Genesis. “With a strong balance sheet and a team of talented traders with years of experience across product sets, Genesis is uniquely well-positioned to build a scalable derivatives desk. We also
