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The Charles River Investment Management Solution (Charles River IMS) now integrates with ChartIQ, enabling Charles River to provide institutional traders with visualisation tools that deliver greater insight into data affecting investment decisions. These capabilities help traders conduct pre-trade technical analysis, gauge in-trade market impact and better understand post-trade execution quality.
Charles River IMS combines an order management system (OMS) with multi-asset execution capabilities, creating a consolidated order and execution management system (OEMS). By integrating with solution providers like ChartIQ, the OEMS enables traders to work more productively at generating alpha, managing risk and helping inform their firm’s strategic investment decisions.
“ChartIQ’s
Horizon Software (Horizon), a provider of electronic trading solutions and algorithmic technology, has released a new version of its global EOMS product, adding significant and unique improvements for the automation of client order/execution workflow to its already market-leading solution. The enhancements, which will be available globally, include a more efficient workflow to create and trade derivatives strategies and improved performance, now supporting a trading scope of over 10 million instruments.
The multi award-winning EOMS has been used by sell-side Horizon clients in Asia for some time; this international launch sees the solution with added new features resulting from Horizon’s unique experience
Exablaze, a global provider of ultra-low latency network devices, is launching two new network adapters: ExaNIC X25 and ExaNIC X100. In both live trading and benchmark tests the new network adapters proved to be the fastest available, and have set a new record for low-latency performance. The exceptional speed of the new Network Interface Cards (NICs) is due to the unique hardware, software and firmware architecture developed by Exablaze. The ExaNIC X25 is available now, while the ExaNIC X100 is expected to ship in late Q1.
Dr Matthew Grosvenor, SVP of Technology at Exablaze, says: “There is a maxim in
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for December 2019 measured 1.65 per cent.Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index declined 1.84 per cent in January.
“SS&C GlobeOp’s Capital Movement Index for January 2020 of -1.84 per cent reflects net outflows consistent with seasonal patterns. It should be noted that the -1.84 per cent is well below long term averages for the calendar month of January, and is also lower than the -2.13 per cent reported a year ago,” says Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. “In effect, the relatively low level of
The managed futures industry closed the year with a second consecutive profitable month and rose 0.20 per cent in December, according to the Barclay CTA Index compiled by BarclayHedge, a division of Backstop Solutions. For the full year, CTAs returned 5.15 per cent.“A fourth month of rising equity prices and government bond yields provided a tailwind for momentum traders in December, but price reversals in agriculture and some currency markets created cross winds that reduced trading profits,” says Sol Waksman, president of BarclayHedge.
Only three CTA sectors posted positive results in December. The Discretionary Traders Index led the way with
Confluence Technologies (Confluence), a technology solutions provider for the money management industry, has appointed Annabel Giles to the newly created role of Chief Human Resource Officer (CHRO).The role was created to further develop the company’s human resources function, helping Confluence to develop its people strategy and continue to attract, retain and develop people successfully. As part of her role, Giles will be responsible for developing a talent management and resourcing strategy, as well as a global reward program, and for overseeing change management.
Annabel comes to Confluence with over 20 years of experience in human resources, mainly within the asset management
DASH Financial Technologies, a capital markets technology and execution provider, has launched an enhanced liquidity solution within its agency listed-options routing suite, SENSOR.DASH ATS is an innovative alternative trading system designed to solve the liquidity sourcing challenges inherent in today’s US listed options market. Through DASH ATS’ automated Request for Quote (RFQ) process, a diverse network of market makers and liquidity providers can respond to client orders with their quotes. By combining the DASH ATS with the SENSOR smart-routing suite, clients may seamlessly benefit from this liquidity within their routing workflow. When the RFQ response improves the NBBO – either
Global law firm Ropes & Gray has promoted six attorneys to counsel. Their experience spans private equity, hedge funds, finance, asset management, real estate, tax and estate planning. “These are best-in-class advisors who know their industries inside out,” says chair Julie Jones. “Our newly elevated counsel each have the experience and know-how to strategically tackle challenging client issues, and they are excellent collaborators and colleagues.”
“In the finest Ropes & Gray tradition, these lawyers are relentlessly focused on our clients,” says managing partner David Djaha. “They are in the trenches with them, digging into complex issues and securing the best results.”
Maitland, a global advisory, family office and fund administration firm, has appointed Natasha Head and Craig Rowland as Business Development Managers based in London.Natasha will be responsible for growing Maitland’s Management Company (ManCo) and Fund Administration businesses across the UK, Guernsey and Luxembourg. She brings over eight years’ experience working in the alternative investment industry, having previously worked at an independent fund administrator selling fund solutions to UK private equity and venture capital managers.
Rowland will be primarily focused on growing the UK domiciled ACD and Fund Administration businesses, bringing twenty years’ experience building sales teams across North America, Europe
ACA Compliance Group (ACA) has appointed Shvetank Shah as Chief Executive Officer (CEO) and member of the Board of Directors effective immediately. Shvetank previously worked at Gartner where he held many leadership roles including Senior Vice President of its Technology & Service Provider practice. Shah will be based in ACA’s Silver Spring, MD office.
As ACA’s CEO, Shah will oversee all global operations and the corporate growth strategy. His responsibilities will include executive leadership, management, strategic vision, and accelerating the growth of the business.
Shah has almost 30 years of experience as a business unit General Manager, strategic advisor,
