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Capital markets software firm genesis and OpenFin are partnering to provide clients with scalable and interoperable technology and desktop solutions, built and deployed at great speed.
The partnership aims to help drive front to back office digital transformation projects across capital markets – from the server to the desktop – bringing together genesis’ ability for agile software development and OpenFin’s application interoperability across financial desktops.
genesis provides a micro-services technology framework designed specifically for the world of capital markets, to address the digitisation challenges participants face as they look to meet the growing demand for smarter, end-to-end workflows
Axioma, a provider of enterprise risk management, portfolio management and regulatory reporting solutions, has added a new Emerging Markets risk model (AXEM4) to its Equity Factor Risk Model Suite.
AXEM4 incorporates the latest methodologies and research, plus a deep daily history with historical coverage since 1997, enabling investment managers to obtain a better picture of emerging markets’ exposures, risk and investment performance.
“The market environment can change fast, especially this year,” says Joel Coverdale (pictured), Managing Director, Asia Pacific, at Axioma. “With pressing global events, such as the US-China trade war, looming over markets, the only way to sleep well
RBC Global Asset Management (RBC GAM) is to strengthen its responsible investing and impact investing team in the United States with two new senior management roles.
Ron Homer, Managing Director, Institutional Portfolio Manager and President, Access Capital Strategies has assumed the new role of Chief Strategist of Impact Investing for the US, and Catherine Banat, Institutional Portfolio Manager has assumed the new role of Director of Responsible Investing in the US.
Homer will be responsible for educating investors on the potential role of impact investments in their portfolios and working with clients and prospects to match their unique investment
OSMO Partners, a provider of outsourced front, middle and back office services has deployed Watson Wheatley’s iRecs system to provide daily trades, positions, cash and balance reconciliation along with NAV, balance sheet and EMIR/DTCC reconciliations.
Daily, monthly and ad-hoc reporting from iRecs will also be used to streamline operational processes and keep a tight audit trail on any breaks or issues raised.
Richard Harris, COO, OSMO Partners, says: “OSMO spent significant time reviewing the various market offerings within the automated reconciliations space. Following a full due diligence process and a number of recommendations we selected Watson Wheatley to provide
Finitive, a financial technology platform providing institutional investors with direct access to alternative lending investments, has added seasoned fintech investor and executive Neil Wolfson to its board of directors.
Wolfson, who has significant public company board experience, spent the last decade as President and CIO of SF Capital Group. In this role he oversaw all debt and equity investing, asset allocation, and investment management for the billion-dollar multi-generational family office. At SF Capital he invested in over 30 direct debt and equity investments in emerging technology companies with a focus on fintech companies.
“Finitive has established an innovative platform
Analytics Ventures, a fund dedicated to creating and building venture companies that harness the power of artificial intelligence (AI) technologies, has added AlphaTrAI – a proprietary AI-based automated trading platform that fuses the latest explainable AI (XAI) techniques with multiple sophisticated trading strategies – to its venture portfolio.
With three-year back-testing results extending into the current volatile trading atmosphere, AlphaTrAI has outperformed the Standard & Poor’s (S&P) 500. The company is now moving to live, real-time trading for the next phase of validation.
“AlphaTrAI consistently outperformed top hedge funds during back testing due to the proprietary end-to-end trading algorithms
Krypton Fund Services Holdings Ltd, a boutique independent fund services company based in Bermuda, has selected Pacific Fund Systems’ PFS-PAXUS fund administration system for its third-party fund administration business operations.
An established market-leading product, PFS-PAXUS offers a complete back-office fund accounting, portfolio valuation, fund pricing and transfer agency administrative solution that includes regulatory reporting, on a single, fully integrated system that satisfies the needs of the most sophisticated fund administrators.
Krypton provides fund administration, registrar and transfer agent, regulatory reporting, project management and setup, to a wide range of family office investment portfolios, investment funds, private and special purpose
Crestbridge has appointed former Director General of the Jersey Financial Services Commission (JFSC), John Harris, as non-executive Chairman of the Crestbridge Group, effective 1 January 2019.
This newly created role reflects the significant success and growth of the Group, which now employs over 280 staff across its offices in Bahrain, the Cayman Islands, Jersey, London and Luxembourg.
Bringing extensive private and public sector experience in international financial services institutions to the role, Harris (pictured), will join Crestbridge as one of a small number of professional and non-executive director commitments following his retirement from the JFSC earlier in the year.
SYZ Group has launched SYZ Capital, a private market investment and advisory specialist. As the fourth business arm of the group, it focuses on selecting attractive investment opportunities across private markets, offering tailor-made solutions through thematic funds and co-investment vehicles, as well as advisory services around financing solutions and capital structuring.
SYZ Capital is a private markets investment and advisory specialist founded by entrepreneurs for entrepreneurs. It focuses on investment opportunities in segments of private markets overlooked by traditional market participants because of size, complexity or varying investment horizons.
Based in Zurich, Switzerland, and co-managed by Marc Syz and
The Warsaw Stock Exchange is to start to calculate and publish three dividend indices – WIG20dvp, mWIG40dvp, and sWIG80dvp, from 27 December 2018 – which will track aggregate dividends paid by the stocks participating in the underlying index (WIG20, mWIG40, sWIG80, respectively) in the calendar year.
“We are starting to publish the new indices because they are a great source of information about dividends paid in our market. Such information is particularly relevant for investors who are looking for attractive and stable returns. GPW lists many companies which regularly pay dividends in excess of interest paid by debt instruments. They