Latest News
Northern Trust has launched a range of new client dashboards for Omnium, its middle- and back-office technology platform for alternative fund administration.
Designed to provide clients with greater transparency into workflows and metrics critical to efficient fund management, the web-based dashboards exemplify Northern Trust’s commitment to solutions that support alternative investment managers.
Omnium client dashboards feature a streamlined interface to enhance the user experience and are optimised for mobile devices to provide key decision makers with real-time, on-demand access to their portfolio information wherever they might be. Additional features include interactive data visualisation capabilities, readily accessible static reports and
ACA Compliance Group (ACA) has appointed Carlo di Florio as Global Chief Services Officer (CSO).
Di Fiori will be instrumental in defining and executing the vision for ACA’s governance, risk, and compliance (GRC) service offerings. His responsibilities will include oversight, management, and strategic growth of ACA’s global regulatory compliance, cybersecurity and risk, AML and financial crimes, and performance practices. He also will focus on enhancing ACA’s infrastructure and technology for servicing, managing, and delivering its quality service-based offerings.
Di Fiori joins ACA from FINRA where he served as Chief Risk & Strategy Officer and as Co-Chair of the FINRA360
QuantHouse, a provider of end-to-end systematic trading solutions including market data services, algo trading platform and infrastructure products and part of Iress (IRE.ASX), today announced that they are partnering with SpiderRock Gateway Technologies.
SpiderRock Gateway Technologies has added its proprietary data & analytics service including implied volatility and option prints to the 150-plus data sources available through QuantHouse’s API.
SpiderRock Gateway Technologies provides option analytics as a service delivered in a normalised binary format. As part of this offering, SpiderRock delivers implied volatility, greeks, risk slides, and volatility surfaces across US-listed equity and futures derivatives in a real-time feed that
Managers of Cayman funds are being encouraged to act now to ensure they fully comply with the new obligations of the Cayman Islands Data Protection Law, 2017 scheduled to come into effect on 30 September 2019.
The new law will enact a framework of rights and duties to regulate the processing of individuals’ personal data broadly based on the same internationally recognised privacy principles that form the basis for other data protection laws globally.
Ogier partner James Heinicke says that the law will regulate the processing of all personal data in the Cayman Islands and will affect any entity
Unigestion, an independent specialist global asset manager headquartered in Geneva, has opened an office in Copenhagen to better serve investors across the Nordics.
The opening of the Copenhagen office provides Unigestion with a dedicated distribution capability in the Nordics, as it embarks on its growth strategy. The office will allow Unigestion to increase its investor base in the region and work closer with investors looking for unique investment strategies, including bespoke ESG solutions for those with more specific requirements.
The Copenhagen based distribution function will serve institutional investors and intermediaries in Denmark, Norway, Sweden, Finland, Iceland and the Netherlands.
A money market fund managed by asset manager Insight Investment has completed its first repo trade cleared via a central counterparty, providing investors in the fund with access to a fresh pool of liquidity and marking a further milestone in the structural development of the liquidity market.
Back in 2017, Insight, on behalf of its clients, became the first asset manager to clear on LCH’s RepoClear service, acting on behalf of a UK pension fund client.
This latest trade, placed by the GBP£24 billion Insight GBP Liquidity Fund, was cleared by the RepoClear ‘Sponsored Clearing’ service operated by global
The US Commodity Futures Trading Commission has issued two orders filing and settling charges against Tullett Prebon Americas Inc, an interdealer broker and CFTC-registered introducing broker headquartered in New Jersey, requiring the company to pay a total of USD13 million for failing to supervise employees and making false or misleading statements to CFTC staff.
The first order requires Tullett to pay an USD11 million civil monetary penalty; to cease and desist from violating CFTC regulations; and comply with certain undertakings for its failure to supervise voice brokers’ conduct on its US Dollar Medium Term Interest Rate Swaps Desk (the desk).
In consultation with almost 70 local and global fund managers, stock exchange, Chi-X Australia, has launched MatchPoint, a new market-on-close trading solution.
MatchPoint allows market participants to place anonymous orders, with minimum execution size protection, between 10:00am and 4:20pm. It will only execute at the closing price and therefore provides traders and investors with greater certainty that their orders, when executed, will fill without market impact.
Chi-X Australia Chief Executive Officer Vic Jokovic says: “With the Australian closing auction trending towards 25 per cent of the day’s volume, MatchPoint was developed to provide a flexible and competitively priced product
Ian Livingston, Chairman of the Man Group, has informed the Board of his intention to step down from the role on 31 December 2019, the end of the Company’s current financial year.
John Cryan, an independent non-executive director of the Company, has been appointed as Chairman of Man Group plc, effective from 1 January 2020.
The moves follow the announcement earlier this month of the departure of President and Executive Director John Sorrell.
Man Group president to step down
During 2019, the Nomination Committee of the Board has, consistent with its role and responsibilities, continued to review potential succession
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for August 2019 measured -0.43 per cent.
Hedge fund flows, meanwhile, as measured by the SS&C GlobeOp Capital Movement Index advanced 0.21 per cent in September.
“SS&C GlobeOp’s Capital Movement Index rose 0.21 per cent for September 2019, up from the 0.03 per cent gain reported for the same period a year ago,” says Bill Stone (pictured), Chairman and Chief Executive Officer, SS&C Technologies. “This increase marks the third consecutive favourable year-over-year comparison in monthly net flows. Investors clearly believe hedge fund managers can generate attractive returns in the current
