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State Street Corporation (NYSE:STT) has launched State Street MediaStats Macro Linkages, a new set of quantitative investment insights derived from digital media.
First launched in 2016 with State Street partner MKT MediaStats, LLC, the new solution collects unstructured data from tens of thousands of curated media sources in order to quantify leading indicators of market behaviour with respect to price and risk across global equity and foreign exchange markets.
“Better access to information influences the way investors behave and academic research shows that economic linkages play a vital role in asset pricing and security co-movement,” says Will Kinlaw (pictured), head
Harmonate, a data services platform for funds, has launched a full-scale deployment of its latest data operations platform for funds.
Harmonate says the platform can provide 20 per cent cost savings in year one of implementation, and 80 per cent savings in ensuing years. Harmonate has also demonstrated a capability to reduce reporting delivery timelines by more than 80 per cent.
“Harmonate now provides funds with agile yet exceptionally strong software architecture and services for data operations,” says Kevin Walkup, President and COO of Harmonate. “Our systems, and the combination of both the soft and technical skills needed to
Scorechain, a crypto-tracking and risk management solutions provider, has launched a new artificial intelligence (AI) tool, which is able to detect fraud patterns, in its Anti-Money Laundering cryptocurrency transaction monitoring software.
The AI feature aims to provide a more accurate risk-scoring for cryptocurrencies activity with more sophisticated blockchain services identification.
Scorechain Artificial Intelligence (SCai) allows the platform to predict the type of service a group of addresses stands for. The scalable model has given more than 92 per cent accurate predictions during the validation phase.
SCai predicts entity types when it is related to darkweb marketplaces, gambling, mixing
Estera Bermuda’s Insurance-Linked Securities (ILS) team has sponsored the listing of the Hexagon II Reinsurance DAC notes.
The Hexagon II Reinsurance DAC listing is the third EU domiciled ILS deal on the Bermuda Stock Exchange (BSX) in 2019. It follows the Estera sponsored listing of EUR45 million Atmos Re DAC notes and GBP75 million Baltic PCC notes from Ireland and the UK respectively. To date, there have been six ILS notes originating from foreign issuers listed on the BSX in 2019. Estera has listed all the deals originating in EU and UK.
The Cover Group sponsored the Hexagon II
BNP Paribas Securities Services has taken a strategic stake in the capital of fintech AssetMetrix. The partnership will enable BNP Paribas Securities Services to expand and digitalise its services to private capital clients and investors.
By deploying AssetMetrix’s leading technology and web services within its private capital business, BNP Paribas Securities Services will give its clients access to powerful analytics and reporting tools dedicated to the analysis of non-listed investments (private equity and debt).
This will enable clients to optimise decision-making and enhance risk monitoring. Asset manager clients will also be able to provide their end investors with individual
AxiomSL, a provider of regulatory reporting and risk management solutions, has appointed Claudia Thurner as EMEA general manager.
An experienced financial technology leader, Thurner has extensive expertise in client relationship management and solution and service delivery. She joins AxiomSL from SmartStream Technologies where she led European and Latin American Sales and Global Strategic Accounts. Previously, she was at Thomson Reuters based in Europe, Asia, and the US where she specialised in risk management business and product development.
“We are thrilled to welcome Claudia to AxiomSL during this important expansion period,” says Alex Tsigutkin, Founder and CEO of AxiomSL. “Her proven
MTS, part of the London Stock Exchange Group, has launched the first designated electronic trading platform for Euro-denominated Cypriot government bonds.
The addition of Cyprus to MTS’s interdealer market, MTS Cash, increases the number of countries on the market to 21. From 18 November 2019, primary dealers will be able to electronically trade Cypriot debt on MTS Cash, which offers a liquid, transparent and efficient European bond marketplace with real-time pricing from its central limit order book. MTS has been operating electronic fixed income markets for 30 years, developing technological expertise in both government and corporate debt market operations.
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Luminex Trading & Analytics, a buy side-owned trading venue delivering efficient, low-cost block executions, has added three veteran financial and technology professionals, spurred by growing engagement with the platform by its community of investment management firms.
Joshua Reed has joined as a Sales and Relationship Manager, Joshua Opper has joined as Director of Infrastructure and Robin Burr has joined as a Software Engineer.
Since its launch in November 2015, trading among Luminex’s participants has grown steadily, as the venue is fulfilling its promise as a destination dedicated to delivering low-cost block trading with minimal information leakage. In September 2019,
The Chairman of the US Securities and Exchange Commission (SEC), Jay Clayton, has backed the Dodd-Frank Act’s whistleblower reward law, saying that the whistleblower program is an “invaluable component” to the Commission’s “enforcement efforts.”
In a detailed report to Congress issued on the same day, the Commission reported that “the whistleblower program continues to have a significant positive impact on the Commission’s enforcement efforts and protection of investors and markets.”
The SEC confirmed the whistleblower program’s “positive impacts,” including:
• “Whistleblower cases have resulted in over USD2 billion in total monetary sanctions, including more than USD1 billion in
JTC, a provider of fund, corporate and private wealth services to institutional and private clients, has appointed Erika Schraner as an Independent Non-Executive Director.
Schraner brings to the Board a wealth of experience and expertise in professional services, with particular strength in the areas of commercial development, M&A and technology. A dual Swiss-US national, Schraner obtained an MS & BA in Mathematics from EPFL Switzerland before going on to complete a PhD in Management Science & Engineering at Stanford University, USA.
Schraner began her post education executive career with IBM Corp in Silicon Valley and also worked for global
