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Progressive Capital Partners (Progressive Capital), an independent Swiss investment boutique specialising in niche alternatives and managed futures strategies, is to acquire Vontobel Asset Management’s “Alternative Fund Solutions” unit.
Further to an existing mandate and a fund solution, their current team of four specialists will be joining Progressive Capital. More than 80 per cent of the assets under management within this unit originate from pension funds. The team of experienced alternative investment specialists have been developing investment solutions for institutional clients such as pension funds, insurance companies, trusts, and family offices for years.
Ilario Scasascia will head the Customised Solutions units, which
Chainalysis, a blockchain analysis company, has appointed three new business development leaders to manage growing demand for its cryptocurrency investigation and compliance software.
Jason Bonds joins as Chief Revenue Officer, Chris Manouse as Vice President, Public Sector, and Debra Brown as Vice President, Americas to streamline customer engagement with cryptocurrency across the public and private sectors. By connecting every part of the cryptocurrency ecosystem – financial institutions, government agencies, and cryptocurrency businesses – Chainalysis provides common, data-driven insights and builds trust in blockchains.
Bonds joins Chainalysis after spending over 11 years at Ping Identity, most recently serving as General Manager
MayStreet, a market data platform, has assumed the role of market data provider for the US Securities and Exchange Commission’s (SEC) Market Information Data Analytics System (MIDAS).
The SEC has transferred the vendor contract by novation from the previous provider, Thesys Technologies, following MayStreet’s acquisition of Thesys’ business unit that operates MIDAS.
The SEC’s MIDAS platform combines advanced technologies and empirical data to enable the Commission to monitor and understand short and long-term market trends and achieve dramatically better insight into the functioning of the capital markets.
“We are thrilled to be taking over the MIDAS system for
BTIG Limited (BTIG) has created a Fixed income Credit division in London to service clients across EMEA.
The team comprises sales and trading professionals and mirrors BTIG’s rapidly-expanding fixed income credit business unit in the US market. The European Fixed Income Credit team will be tasked with broadening BTIG’s credit capabilities across the continent.
The team will be led by Michael Carley, Sr, Managing Director and Head of European Fixed Income Credit. Carley joined BTIG in 2018 as Managing Director within the Fixed Income Credit in New York.
Bobby Dziedziech, CFA, Director and Senior High-Yield and Distressed Trader,
State Street Corporation (State Street), a global provider of integrated financial information and analytical applications, has partnered with FactSet to distribute the State Street MediaStats Equity Indicators on the Open:FactSet Marketplace.
“We are thrilled to partner with FactSet, a leading provider of data and analytics for investment professionals,” says Will Kinlaw (pictured), senior managing director and head of State Street Associates, a global centre for technology that combines differentiated datasets with innovative thinking from some of the foremost academic institutions in the world. “FactSet’s scale and data integration capabilities will help more asset managers and analysts access State Street MediaStats.
Resolute Investment Managers (Resolute), a diversified, multi-affiliate asset management platform with more than 40 affiliated and independent relationships, is to acquire a majority interest in National Investment Services (NIS), an asset manager specialising in fixed-income strategies.
With offices in Milwaukee, Chicago and Sarasota, NIS focuses on differentiated, taxable fixed-income strategies that seek to provide institutional investors with consistent performance and downside protection. NIS offers a wide variety of investment strategies, including traditional and alternative fixed-income options and dynamic fixed-income offerings tailored to meet a client’s investment objective or desired level of risk.
“NIS has established itself as a fixed-income leader
KRM22, a technology and software investment company that focuses on risk management for capital markets, has partnered with deltaconX, a provider of regulatory reporting services for European financial-, energy- and commodity trading organisations.
The deltaconX SaaS-based service, which will be available through KRM22’s Global Risk Platform, enables firms to meet regulatory reporting requirements including EMIR, FinfraG, SFTR, MiFIR and MiFID II, and REMIT. The application simplifies the reporting process through automation and dynamic error handling, minimising manual work and the likelihood of human error.
Saeed Patel, Director of Product Strategy at KRM22, says: “With a rise in the number
FIX Trading Community, a non-profit, industry-driven standards body for global financial trading, is too hold the FIX EMEA Trading Conference on 12 March 2020.
The event will be held in association with a number of Trade Associations for the second year running, including: the Association for Financial Markets in Europe (AFME), the Alternative Investment Management Association (AIMA), the German Investment Funds Association (BVI), the European Debt Market Association (EDMA), the European Fund and Asset Management Association (EFAMA), the European Venues and Intermediaries Association (EVIA), the Investment Association (IA), the International Capital Market Association (ICMA), and the Swedish Securities Dealers Association
Hong Kong is increasing its efforts to formally regulate cryptocurrency exchanges in the city.
The Securities and Futures Commission (SFC) has released a newly drafted regulatory framework, which allows the securities watchdog to issue licenses to crypto trading platforms.
In 2018, the SFC announced a regulatory sandbox providing a confined environment for fintech companies to explore regulatory innovations and frameworks. At the latest HK FinTech Week, Ashley Alder, head of the SFC announced that the city’s securities watchdog has now established a new comprehensive set of regulations for cryptocurrency exchanges in Hong Kong.
The rules are focused on
Drawbridge Partners, a cybersecurity software and services firm specialsing in the needs of hedge fund and private equity managers, has launched DrawbridgeConnect-R, a Vulnerability Management as a Service (VMaaS) platform.
DrawbridgeConnect-R continuously analyses a firm’s vulnerabilities – rather than providing a mere point in time vulnerability assessment – and helps firms identify, prioritise and remediate organizational cybersecurity weaknesses that leave data at risk. Complementing Drawbridge Partners’ existing services offering, DrawbridgeConnect-R enables firms with limited in-house cybersecurity resources to manage both external and internal vulnerabilities associated with client networks.
With DrawbridgeConnect-R, companies are equipped with:
• Vulnerability Scanning: Ongoing
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