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The Depository Trust & Clearing Corporation (DTCC) has appointed Lynn Bishop as Chief Information Officer (CIO), effective immediately.
In this role, Bishop is responsible for the ongoing development and testing of all the technology that supports DTCC’s post-trade infrastructure, communications networks, processing and messaging systems, as well as the IT applications underlying DTCC’s broad range of products and services. Bishop is a member of the firm’s Management Committee and now reports directly to DTCC’s CEO, Michael Bodson.
Prior to this, Bishop served as DTCC’s Chief Development Officer (CDO) and, before that, was Chief Technology Officer (CTO). During her nearly
CMC Markets, a spread betting and contracts for difference (CFD) provider, has further expanded its range of bespoke indices, with the addition of 12 new forex baskets to its platform, offering clients a way to gain a diversified exposure to a dozen worldwide economies.
The new indices are bespoke to CMC and have been constructed on a trade-weighted basis, with the stability and liquidity of each currency pair within the index being taken into account. This helps ensure consistent pricing can be delivered, even in volatile markets, while the maximum weighting of any one cross has been capped at 40
JP Morgan Asset Management has held the final closing of its Lynstone Special Situations Fund (Lynstone), with USD1.06 billion in capital raised from a broad set of global investors comprising of pension funds, insurance companies, banks, foundations, endowments and family offices across the Americas, Europe, the Middle East and Asia.
More than half of investors are first-time investors in a JP Morgan Alternatives fund.
Lynstone will invest in stressed, distressed and event driven situations across North American and European private and public credit markets, where underlying assets are discounted due to illiquidity or market disruption and where an event
Style Analytics, a provider of factor-based portfolio and market analytical tools for investment professionals, has launched a new ESG factor simulation tool to help clients optimise the impact of ESG within their portfolios in collaboration with Sustainalytics, a specialist in ESG research, ratings and analysis.
Bolstering its long-standing ESG offering with new ESG data and analyses, Style Analytics now supports portfolio ESG guideline monitoring, portfolio-level ESG risk analysis, quick identification of portfolio investments in sustainable and ‘red-flag’ securities along with new ESG ‘what-if’ analysis. The Sustainalytics ESG data also enhances the Style Skyline which now provides traditional fundamental equity factor
Sanne, a global provider of alternative asset and corporate administration services, has appointed Paloma Gonzalez as a director in Madrid.
Gonzalez (pictured) has more than 19 years of industry experience and joins SANNE’s Spanish business to drive the European offering to a variety of clients and structure that invest directly or indirectly in alternative assets. She will be responsible for strategic implementation, financial reporting and business development. Prior to her appointment to SANNE, Gonzalez worked for CITCO where she headed up the Madrid office.
Manuel RodrÃguez, Country Head – Spain, SANNE, says of the appointment: “We are delighted to
Refinitiv, a provider of financial markets data and infrastructure, has signed an agreement with TP ICAP, an inter-dealer broker, to support its data needs for both brokers and technology platforms.
TP ICAP’s brokers and enterprise technology will gain access to enriched and integrated global data across multiple asset classes, including equities, fixed income, energy & commodities, FX and derivatives from Refinitiv. TP ICAP will meet its data needs that power its applications via the Refinitiv Data Platform and on the desktop via Eikon. Refinitiv will work alongside TP ICAP to analyse changing business priorities and focus on datasets from its
Allianz Global Investors (AllianzGI) has appointed Andreas Fruschki as head of the firm’s Thematic Equity team.
The creation of the Thematic Equity team reflects AllianzGI’s commitment to thematic investing, as more clients look to make investments in a way that aligns with their interests and values. The new team, made up of five experts in thematic investing, will focus on depending and expanding AllianzGI’s thematic investing capabilities as well as producing in-depth research. The team’s focus on providing stronger thematic research will benefit AllianzGI’s clients and other investment professionals.
AllianzGI currently manages around EUR10 billion in global thematic equity
Vela, an independent provider of trading and market access technology for global multi-asset electronic trading, and PlusWealth Capital Management, the stockbroking business of proprietary trading firm Plus Wealth, have added the National Stock Exchange of India (NSE) to Vela’s automated trading platform, Metro.
The availability of NSE access is an extension of existing support provided by Vela to Plus Wealth’s proprietary trading business.
PlusWealth Capital Management is a registered member of the Securities and Exchange Board of India (SEBI), active in multiple markets including cash equities, options, and futures, and is currently providing server hosting, market data and market
North American wealth management firms can now benefit from a strategic partnership between Refinitiv and Nomura Research Institute (NRI) announced in 2018.
The partnership enables global diversification for Refinitiv’s retail and institutional clients by including automated international post-trade processing for multi-market and multi-currency securities.
The successful go-live of the software integration of NRI’s I-STAR/GX software platform into Refinitiv’s BETA wealth management brokerage processing platform will benefit wealth management firms by providing automated settlement and straight-through processing of trades executed across all markets. I-STAR/GX allows these processes through a high-volume solution with single-stock record across all asset classes and markets,
GP Bullhound has invested USD10 million in RavenPack, a provider of alternative data and insights for financial institutions.
The company’s database, comprising over 19,000 sources spanning over 20 years, is used by financial institutions who subscribe to the platform in order to enhance performance and manage risk. RavenPack will use the proceeds to expand in Asia, as well as to go into other sectors beyond financial services.
RavenPack’s platform is used by some of the best performing hedge funds and largest banks worldwide. RavenPack uses AI to turn highly fragmented unstructured content into organised structured data for easier analysis
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