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Athena Systems announced new versions of its Spark Investment Management platform to meet the needs of several growing capital markets segments that are underserved by the current vendors and systems.The four new product offerings are aimed at hedge funds, institutions, brokers, and outsourced trading desks.
“We have updated and re-organised our Spark product to help several different players on both the buy and sell-side of the street,” states Scott Sykowski, Director of Research at Athena. “For example, many order/position management system (OMS/PMS) vendors were forcing users into their ‘one-size-fits-all’ way of thinking about analysis, strategies and workflows; this is clearly
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AcadiaSoft, a provider of Risk and collateral management services provider AcadiaSoft has announced a soft launch to help Phase 5 firms comply with the extended 2021 deadline for Uncleared Margin Rules (UMR).
BiKi Group’s BiKi Industry Fund has made a strategic investment of USD3 million to Kmex, a contract trading platform.In early March, BiKi Group announced its expansion into the contract business to provide users with a one-stop trading experience, combined with other existing products and services. This astute move will further develop and advance BiKi’s mission to ensure a simple and smooth contract trading experience for platform users.
The BiKi Industry Fund is the investment arm of BiKi Group, with a mission of supporting excellent blockchain entrepreneurial teams to form an upstream and downstream collaboration within the BiKi ecosystem. In 2020,
Hedge funds that trade emerging markets mounted a partial comeback last month following bruising double-digit losses earlier – but total invested capital in EM funds tumbled as the coronavirus crisis took its toll.
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
