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Mercatus, an asset and investment management platform, has partnered with professional services firm, Alvarez & Marsal (A&M) to help customers accelerate digital and data strategies through Mercatus’ Investment Lifecycle Management product.
The new wave of digitalised investors that is emerging has data as a strategic core competence. The companies say that combining Mercatus’ software with A&M services will help accelerate the growth and data-driven intelligence of alternative investment funds globally.
“It’s an exciting time for investors in alternative assets,” says Tim Buchner, COO at Mercatus. “The sheer growth of the space – expected to reach USD80 trillion by 2030 – will
The Standards Board for Alternative Investments (SBAI) has increased its presence in North America with the appointment of new North American Committee members.
The new members include Bradley Belt, Vice Chairman of Orchard Global Asset Management, Marcus Frampton, CIO of Alaska Permanent Fund Corporation and Priti Singh, Head of External Portfolio Management at Canada Pension Plan Investment Board (CPPIB). The SBAI is the global standard-setting body for the alternative investment industry, supported by approximately 200 alternative investment managers and institutional investors who collectively manage USD3.5 trillion.
The Standards Board’s North American Committee was established in March 2018 with
causaLens, a tech startup that predicts the global economy in real-time, has appointed its Strategic Board of Advisors ahead of its upcoming funding round.
The lineup is set to include Jose Marques, the former Head of Trading at Bridgewater Associates and owner of Inferent Capital; Mark Roomans, the current CEO of Morningstar EMEA; and Theodore Mollinger, Director at Moody’s.
Founded in 2017, causaLens is in the process of developing the next generation of autonomous predictive technology for complex and dynamic systems, collectively known as the CLPU (causaLens Predictive Unit). Its technology is designed to help large organisations optimise business outcomes
Private equity firm Corsair Capital (Corsair) has made a majority investment in ZEDRA Group (ZEDRA), a specialist in trust, corporate and fund services.
Corsair has a long and successful track record of growing financial services firms across a diverse range of sectors, and its partnership with ZEDRA will support the firm’s continued growth and global expansion.
ZEDRA’s network covers 13 jurisdictions across 15 offices in Asia, Oceania, the Americas and Europe. Its team of nearly 500 industry experts creates and delivers bespoke trust, corporate and fund services solutions to clients, including high-net-worth individuals and their families, international corporations, institutional
Watson Wheatley, a provider of reconciliation solutions, has integrated its iRecs reconciliation solutions with Orchestrade’s core portfolio management and risk system.
The connection creates a standard interface for Orchestrade clients who wish to leverage the iRecs reconciliation system to solve complex reconciliation issues and increase operational efficiency. Watson Wheatley’s growing client base will derive many benefits from the connection including robust data delivery, standardised support and faster onboarding.
Tom Wheatley (pictured), COO at Watson Wheatley, says: “Alternative asset managers, especially those with complex requirements, have found it hard to find a provider that offers the complete cross-asset front-to-back office
Law firm Paul Hastings has appointed Ira Kustin, an established asset management lawyer, concentrating in the representation of private funds, as a partner in the firm’s Investment Management practice in New York.
The appointment of Kustin, who joins from Akin Gump, is part of Paul Hasting’s strategy to grow its credit, hedge, and private equity funds practice within its Investment Management practice.
“We are addressing the stay-awake issues our investment management clients are facing and are committed to helping them navigate growing regulation, seek new capital sources and form new strategic partnerships,” says Seth Zachary, chair of Paul Hastings. “Ira
QuantHouse, an independent provider of high performance systematic trading solutions including market data services, algo development tools and global network infrastructure, has appointed Emmanuel Carjat as Chief Operating Officer, and Denery Fenouil as Chief Technology Officer.
In the role of COO, Carjat is responsible for managing QuantHouse operations helping to drive and guide the continued growth of the business. Carjat was the co-founder of Atrium Network founded in 2006 which was subsequently purchased by TMX Group in 2011, where he remained in the role of Managing director until 2015. In 2017, the TMX Atrium business was acquired by Intercontinental Exchange
Bloomberg’s flagship real-time market data feed, B-PIPE, is now available on the cloud, offering customers a high-performance solution that delivers instant and reliable access to crucial trading data.
B-PIPE is now available on Amazon Web Services (AWS) and gives clients access to the same consolidated, normalised market data available through the Bloomberg Terminal, without any change in precision, quality or reliability. With B-PIPE accessible via on-premise, hosted, and now on the cloud, clients can choose their preferred deployment method for real-time data delivery.
Data is a vital part of the decision-making process in the front office, and enterprise applications require flexible,
eVestment, a specialist in institutional data and analytics, has expanded its popular quarterly institutional stock ownership report to include stock holdings information for companies based in the United Kingdom, Germany and Japan, in addition to the list highlighting the most widely held stocks globally.
The most recent report, based on data from eVestment’s Holdings Analysis solution, shows that US-based firms Microsoft, Google parent company Alphabet and Apple, in that order, are the top three most widely owned stocks globally in the institutional investment business. Several international firms also made the global top 20 list, including Royal Dutch Shell, Alibaba, Taiwan
Bitstamp, the largest cryptocurrency exchange by trading volume in Europe, is to implement the Irisium market monitoring platform.
Bitstamp has been a pioneer in crypto security and regulation since its inception in 2011. The exchange places an emphasis on customer protection through KYC/AML procedures, advanced security software and protocols. Its positive stance towards self-regulation paved the way for Bitstamp’s Luxembourg entity (Bitstamp Europe SA) to become the first crypto exchange with a payment institution license in the EU. It is among the four cryptocurrency exchanges that have provided pricing data for the Chicago Mercantile Exchange’s (CME) cryptocurrency indices since 2016.
