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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.
BSO, an Ethernet network, cloud and hosting provider for financial institutions and high-frequency trading firms, has launched its official partnership with Amazon Web Services (AWS).
As an official AWS technology partner, BSO is delivering high-performance, reliable, secure, direct private connectivity to the Amazon Web Services (AWS) cloud from multiple data centres, offices and co-location environments via the dedicated AWS Direct Connect Service (DCS).
Customers are able to connect to AWS on-demand cloud and on-demand service resources from any of the 100+ PoPs currently on BSO’s global backbone. BSO are working with clients, wishing to scale and grow their businesses,
VTFinTech, a technology provider of index management and research evaluation services, has appointed Amar Rajani to its Board with immediate effect.
Rajani is the Founder and Managing Director of Argella, an advisory firm specialising in fintech with specialist knowledge in research, data and analytics. Prior to launching Argella, Amar spent 17 years at Bloomberg LP, where he was responsible for a range of products that serviced its core buy and sell-side clients.
Vishnu Thurpati, CEO of VTFinTech, says: “Amar’s knowledge and experience of portfolio, data and research workflows is invaluable for us as we grow VTFinTech’s core research
The Association for Financial Markets in Europe (AFME) has published an updated version of its Due Diligence Questionnaire (DDQ) which aims to harmonise and simplify the process of completing questionnaires for global custodians, sub custodians and banks that hold client money.
The aim of the document, now in its third iteration, is to reduce time and resources used by market participants to complete the annual due diligence process.
The AFME Due Diligence Questionnaire Task Force, comprised of approximately twenty Network Managers, diligently reviewed submissions proposed throughout the year by market participants.
Alan Cameron (pictured), Head of Market Strategy-Brokers,
