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Ideal Prediction, an independent trading analysis and data science company for capital markets, has added Natural Language Processing (NLP) to its automated analytics services.
By incorporating NLP with machine learning, Ideal Prediction’s service empowers clients to create and visualize new analytical graphs in real-time with no coding knowledge.
Prior to NLP, all potential cases required programming, offering only a prescriptive set of limited analytics. By adding NLP, Ideal Prediction enables clients to visualise and analyse calculations beyond those available in an out-of-the-box user interface (UI). NLP provides a flexible structure, with which clients can define for themselves what they want
KRM22, a technology and software investment company that focuses on risk management for capital markets, has appointed Garry Jones as an independent non-executive director of the company.
Jones will replace David Ellis, Independent Non-Executive Director, who notified the Board of his intention to step down from the Board with immediate effect after being with the Company since its IPO in early 2018. Ellis is stepping down to focus on other business commitments and a relocation to the United States.
Jones has over 35 years’ experience in financial services and has been CEO of three of the largest derivatives and
Digital Assets Data, a financial technology and data company focused on the crypto-asset industry, has launched with the support of a USD6 million se round led by Distributed Global, Digital Currency Group, Morgan Creek, Galaxy Digital, Jump Capital, CMT Digital, and Ritholtz Wealth Management CEO Joshua Brown, among others.
Digital Assets Data will now build out its crypto data platform and deliver institutional-grade information and insights to a broad customer base, including crypto hedge funds, family offices, and asset management research firms. The platform, launched in March, helps clients compound their knowledge about the digital asset space and build any
Investors are being left in the dark as to the huge additional costs their asset managers are incurring to transact highly complicated derivatives, according to research from analytics firm OpenGamma, which reveals that transaction costs incurred when trading FX Options can be misrepresented to investors by as much as 400 per cent.
Transaction costs are the difference between the price of a trade an asset manager decides to buy or sell, and the actual price of the transaction, which could include fees such as commissions and taxes.
When trading FX Options, asset managers have to factor in costs driven by
Traiana, an infrastructure service for trade life-cycle and risk management solutions, has made significant enhancements to its Credit Risk Hub.
FX prime brokers (FXPBs) can now define trade information in more detail to increase credit risk controls and reduce the risks of credit over-allocation.
Traiana’s Credit Risk Hub comprises two services; Designation Notice Manager (DNM) which helps FXPBs establish, monitor, amend and terminate FX Tri-Party Agreements with buy-side clients if they default on a trade; and CreditLink, a calculation engine which provides FXPBs with end-to-end control of how much credit is extended to buy-side clients.
Beginning this May, the Credit Risk
The 2019 Context Allocator Trends Report reveals strong demand for alternative investment strategies, with 72 per cent of respondents noting they are optimistic about the industry and 97 per cent planning to increase or maintain their net positions in alternatives by the end of the year.
The report is based on responses from nearly 450 institutional allocators in attendance at Context Summits Miami 2019.
Ron Biscardi (pictured), co-founder and CEO of Context Capital Partners, says: “Despite the doom and gloom headlines around the industry, our survey highlights that investors are not pulling back from hedge funds, but rather taking
Investment management consultancy Constellation Advisers (Constellation) has hired Frank Napolitani as its Global Head of Business Development and Marketing.
Napolitani (pictured) will be based at Constellation’s Headquarters in New York and will focus on expanding Constellation’s presence across the US and internationally.
“We are thrilled that Frank has joined our team. He is a veteran in his field with decades of experience in client service within the investment management and financial services arena. Frank’s experience within the industry and his dedication to client service makes him the ideal fit to lead our business development and marketing efforts. We are confident
Highland Capital Management has named Joe Sowin co-chief investment officer (CIO). In the role, Sowin will oversee investment activities for the firm’s multibillion-dollar alternative investment platform with a focus on driving information flow across investment teams and with the firm’s counterparties.
Sowin previously served as head of global equity trading. He will continue to manage the firm’s trading operations as co-CIO.
“The trading desk functions as a vital information hub,” says Jim Dondero, co-founder and president of Highland Capital Management. “Throughout Joe’s career at Highland, he has excelled at facilitating relationships with trading and research counterparties to maximize that
EEX Group significantly increased its sales revenue and annual net profit in 2018 achieving the best corporate result in its history so far.
On the power market, EEX Group again recorded the biggest power trading volume worldwide. On the markets for emission allowances and natural gas, EEX Group was the second- and, respectively, third-biggest trading platform worldwide in the past financial year. In North America, EEX Group launched new contracts for emission allowances and also strengthened its presence in Asia with the establishment of EEX Asia. In total, the Group has further expanded its global position and generated significant volume
Vela, an independent provider of trading and market access technology for global multi-asset electronic trading, and Enyx, a leading developer and provider of ultra-low latency technologies and solutions for the financial industry, have partnered to provide Vela clients with access to Enyx’s FPGA-based technology, initially focused on ultra-low latency market data solutions.
The two firms have successfully completed a Proof of Concept integrating the Enyx nxFeed, an ultra-low latency FPGA-enabled feed handler, into Vela’s award-winning software-based feed handlers to deliver wire-speed performance and jitter-free determinism at scale through a single, normalized API to access global markets. This allows Vela’s existing
