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Russian market maker BCS Global Markets (BCS GM) has appointed Dmitry Trub as Chief Information Officer (CIO). Trub will be responsible for driving software development to maximise BCS GM’s investment banking functions drive efficiency in the service provided to BCS GM’s institutional clients.
Trub has almost 20 years of experience of both developing and making decisions related to technically complex solutions for corporate and investment banking to ensure that BCS GM continues to use the most advanced technology for the benefit of its trading teams and clients.
Previously Trub was a Director and Head of Global Market Equities, Russia at
Sidley Austin has appointed Oren Gertner as a partner in the firm’s premier Investment Funds practic in New York. Gertner joins from Davis Polk & Wardwell LLP, where he was in the firm’s Corporate department, practicing in the Investment Management group.
“Over the past two years, Sidley has prioritised the growth and development of our private equity funds and other illiquid private funds capabilities, particularly within international money centres like New York,” says William D Kerr, global leader of Sidley’s Investment Funds practice and a member of the firm’s Executive Committee. “The arrival of Oren, who is an exemplary talent
US Bank Global Fund Services has hired Chris Rosenthal as senior vice president, business development.
In this role, Rosenthal will be responsible for developing new business relationships nationally for asset managers, insurance companies, banks and other financial institutions. He will be located in the Hackensack, New Jersey office.
Rosenthal is an experienced senior executive who brings more than 20 years of experience in the financial services industry at organisations such as Bankers Trust Company and the United States Trust Company. Most recently, Rosenthal was director of asset servicing sales and relationship management at BNY Mellon.
“Our team continues to grow
Vistra, a global trust, fund administration and corporate services provider, has launched its Economic Substance Services and Solutions, starting with the British Virgin Islands (BVI) Economic Substance Classification Questionnaire designed to help clients determine the classification of their BVI company as it applies to the substance legislation.
Developed by Vistra’s in-house legal team, the BVI Economic Substance Classification Questionnaire is an efficient and effective service for any BVI entity to gain clarity on their status, supported by detailed analysis and tailored solutions.
Simon Filmer, Global Lead, Company Formation, Vistra, says: “It is now mandatory for all BVI entities to comply
Lee Capital Management (LCM) has appointed John Donaghey, CFA, CAIA as Head of Institutional Business, effective immediately.
Donaghey will join the firm as a Partner and will be responsible for organizing, building, and executing on all aspects of institutional sales, marketing, and consultant relations globally. He will report directly to the Management Committee. He will also join the firm’s Investment Committee.
“We are excited to have John join our firm. He has been a senior member of some of North America’s most successful asset management organisations and brings deep experience with alternative investments and institutional clients and knowledge of the
Eze Eclipse, SS&C Eze’s front-to-back office investment management platform, has signed on more than 70 hedge fund clients.
Eze Eclipse, a born-in-the-cloud platform, has been adopted by hedge funds looking to expand their business capabilities, optimise operational efficiency and minimise total cost of ownership. Recent upgrades include automatic requests for locates, flexible charting of accounts to match trial balance/general ledger with multiple administrators, enhanced reconciliation, streamlined swap templates, custom equity basket support and commission tracking.
“Start-up funds tend to run lean, so it’s very important to find partners that you trust and give you the attention that you need.
Algorithmic trading company, Vanguard Capital AG, has appointed Imran Lakha to its Senior Management team.
With his past experience working with some of the largest tier 1 investment banks, including his last role as portfolio manager working with global alternative asset managers, BlueCrest Capital Management, Lakha will be working in an advisory capacity to help drive business growth.
Effective immediately, Lakha’s expertise in investment appraisal and risk management will allow him to review trading across asset classes, whilst benefiting investors with his superior macro knowledge and insight.
With the goal of becoming the market leader in quantitative investment strategies, Vanguard
Tradeweb Markets, a global operator of electronic marketplaces for rates, credit, equities and money markets, has expanded its direct streams capabilities in on-the-run (OTR) US Treasuries.
During the second quarter of 2019, Tradeweb reached a new high for average daily volume (ADV) for Treasuries in direct streams as client trading activity more than quadrupled year over year. New functionality and capabilities introduced by Tradeweb will continue to simplify and streamline access to prices for clients including dealers, market makers, proprietary trading firms (PTFs) and institutional investors.
Direct streams offer access to competitive prices at potentially greater size while limiting
The SS&C GlobeOp Forward Redemption Indicator for July 2019 measured 2.69 per cent, down from 3.81 per cent in June.
“SS&C GlobeOp’s Forward Redemption Indicator for July 2019 was 2.69 per cent, closely in line with historical averages, though up slightly on a year-over-year basis compared to the very favourable 2.40 per cent reported a year ago,” says Bill Stone (pictured), Chairman and Chief Executive Officer, SS&C Technologies. “Overall, this result should be seen as a continuation of the favourable levels of hedge fund redemptions.”
The SS&C GlobeOp Forward Redemption Indicator represents the sum of forward redemption notices received from investors
SANNE, a provider of alternative asset and corporate business services, has appointed a new director and head of business development for Mauritius and India. The move comes following SANNE’s announcement last year to expand the business and open an office in Mumbai, India.
Based in SANNE’s Mauritius office, Varounen Goinden will have a key role in developing and driving the business development strategy for Mauritius and India while continuing to deliver on SANNE’s expansion strategy in the region by generating new business leads and growing the brand.
With more than 12 years’ of industry experience, Goinden joins SANNE from the
