Latest News
Invast Global, a multi-asset prime brokerage firm in APAC, has selected OneTick Surveillance, to be hosted and fully managed by OneMarketData.
With increased regulatory requirements and pressures placed on financial services firms, Invast Global can now ensure that all trades carried out globally are protected and monitored appropriately as part of an auditable workflow.
Invast Global will take advantage of the OneTick Surveillance integrated web dashboard designed for the efficient review of surveillance alerts, rapid examination of new alerts and for assigning, reviewing, annotating and archiving them to meet compliance obligations. The solution includes pre-built, configurable alert rules and monitors along
Hedge fund pioneer Jerrold Fine raced to the forefront of the financial world in the years when a new generation upended the status quo on Wall Street and forever changed investing. He has been a founding managing partner of a hedge fund since he was twenty-four years old.
Drawing from his own experiences in the turbulent ‘70s and ‘80s, Fine (pictured) blends a heartfelt story of a young man, Rogers Stout, fiercely intent on achieving independence, with a fascinating insider’s look at the perks and pitfalls of a high-stakes life in the world of financial markets in his debut novel
Cappitech, a provider of regulatory reporting and intelligence solutions for the financial services industry, has launched Insights, a product that aims to allow compliance teams and risk managers to gain a competitive advantage by improving regulatory reporting and allowing them to benchmark their performance to their peers.
Following the introduction of MiFID II over a year ago, the focus of financial institutions has moved from simply complying with regulatory requirements to improving the data quality of reports. As such, there has been strong demand for a tool to help them monitor submissions, identify key areas for improvement and track their
Confluence, a specialist in investment data management automation for regulatory, financial and investor reporting, has appointed Joe Bree as Senior Global Strategic Account Executive.
In this role, Bree is responsible for expanding Confluence’s global relationships with fund and asset management clients, as well as other service providers and intermediaries. In addition, he will work with the broader Confluence sales team to coordinate, streamline and enhance direct sales plans and strategies for the firm’s largest global accounts. Bree reports directly to Domenic Ionadi, who was recently promoted to Vice President, North America Business Development.
Bree comes to Confluence with 20 years
Powernext has been granted the status of Recognised Overseas Investment Exchange (ROIE) for the United Kingdom by the British Financial Conduct Authority (FCA), effective 26 March 2019. 


The ROIE status ensures that the French-based exchange will be able to continue operating its services related to derivatives trading in the UK, regardless of the consequences of the United Kingdom leaving the European Union (Brexit). 


This follows the confirmation that Powernext’s clearing house, European Commodity Clearing (ECC) will benefit from the Temporary Recognition Regime by the Bank of England (BoE) which enables ECC to continue offering clearing services in the UK
Singapore Exchange (SGX) has acquired a 20 per cent stake in BidFX, including an option for additional shares to gain a controlling interest, for a total cash consideration of USD25 million.
The strategic investment is part of SGX’s strategy to build core pillars of growth across multiple asset classes. BidFX, a specialised trading platform for global FX markets, plans to utilise the funds to further grow its reach and offering among institutional investors.
BidFX was spun off as a division of TradingScreen (TS), a provider of a multi-asset execution and order management system, in January 2017. It offers a
UMB Bank, a subsidiary of UMB Financial Corporation has added six new team members to its Institutional Banking division.
Joining the Institutional Banking team are: Rick Menchaca, senior vice president, public finance banker based in San Antonio, Texas; Douglas Hess, vice president, senior client service manager, UMB Fund Services based in Milwaukee, Wisconsin; Michael Hawn, senior vice president, business development officer, UMB Fund Services based in Denver, Colorado; Josh Horvath, vice president, business development officer, Institutional Custody based in Des Moines, Iowa; Vinnie Quealy, vice president, business development officer, Institutional Custody based in Boston, Massachusetts; and David Massa, senior vice president, corporate
Thasos, an alternative data intelligence firm that transforms location information from mobile phones worldwide into real-time, objective and actionable insights, is to offer geolocation data on FactSet’s Open:FactSet Marketplace (OFM).
The OFM will feature Thasos’ ConsumerStreams product, which covers over 120 publicly-listed consumer companies, providing daily foot traffic data from their US locations, with historical data available back to 2015 for time series analysis. The agreement is emblematic of the rapid growth in the use of alternative data, as banks and traditional market data firms strive to provide a complete picture of economic and business activity for their investor clients.
Edward Park, Deputy CIO at Brooks Macdonald, comments on Wednesday parliamentary votes…
Wednesday saw many twists as the indicative vote options began to be revealed. Theresa May’s offer to step aside as Prime Minister should backbenchers support her deal initially allowed the government’s bill to regain some life, supporting sterling, however post the announcement that the DUP would be voting against the current bill this rapidly receded. Whilst parliament did not reach a majority on any of the available options the ‘softer’ proposals of a customs union or a second referendum were the closest to passing. Oliver Letwin has suggested
Scope Analysis, a specialist in the analysis and rating of asset management companies and certificate issuers, as well as mutual funds and alternative investment funds, has published an updated Asset Management Rating Methodology for Alternative Investments.
Asset managers and investors can comment on the new methodology until 23 April 2019. The final version of the new rating methodology will be published after the commenting phase.
With the adjustments to the rating methodology, there will be an even stronger focus on the concerns and needs of investors. For example, the skills and competencies in the areas of investor reporting and
