Latest News
Cboe Global Markets is to migrate the Cboe Options Exchange to the company’s proprietary Bats technology on 7 October 2019. The planned migration of Cboe Options Exchange to Bats technology follows similar migrations for Cboe Futures Exchange (CFE) and C2 Options Exchange.
CFE was successfully migrated to Bats technology on 25 February 2018, while the planned migration of C2 Options Exchange is on track for 14 May 2018. Upon completion of the planned Cboe Options Exchange migration, all of the company’s equities, options and futures markets will trade on proprietary Bats technology.
Cboe Options Exchange is the company’s largest
Castle Hall Diligence has appointed Dimitri Douaire as Director, RiskDiligence.
Douaire brings close to 20 years of due diligence experience, with a focus on liquid alternatives. Prior to Castle Hall, Douaire served as Director, External Public Investment & Credit Group for OPTrust in Toronto, where he developed all aspects of the due diligence process pertaining to liquid alternative investment strategies.
Douaire’s addition to the Castle Hall team responds to investor demand for the firm’s unique RiskDiligence offering.
“I’m excited to join the Castle Hall risk team,” says Douaire. “Castle Hall has identified a clear need in the marketplace to
Alternative investment firm Angelo, Gordon & Co has selected Intapp Terms to track and manage side letters, limited partnership agreements (LPAs) and other investor contracts.
Angelo, Gordon’s investor relations and compliance teams will use AI-assisted technology from Intapp to categorise the terms specified in each LPA and side letter as new clients are on-boarded, and then employ Intapp Terms to search and check individual investor requirements, and efficiently ensure compliance with those requirements.
The Intapp Professional Services Platform will also automate alerts to relevant employees or departments when information needs to be disclosed to investors, or when any other
Agio, a provider of managed IT and cybersecurity services, is to launch Agio SkySuite, a fully-hosted public cloud productivity and cybersecurity suite tailored for small and emerging alternative investment firms.
SkySuite is the first and only program of its kind, providing emerging funds with a fully-hosted infrastructure in Microsoft Azure’s Public Cloud. The program is an outgrowth of Agio’s ongoing partnership with Microsoft Azure, a leading public cloud service.
A comprehensive IT and cybersecurity solution, SkySuite is designed specifically for emerging funds and startups that may lack the necessary in-house resources to develop and manage their own infrastructure within
Ortec Finance, a provider of investment decision technology and solutions, has appointed Deon Dreyer (pictured), as UK Managing Director, taking over from Lucas Vermeulen who is moving back to the Netherlands.
Fred Heemskerk, Head of Global Business at Ortec Finance, says: “Since opening our UK office in 2008 we have been helping our clients, both institutional and retail, to manage, measure and monitor their investment decisions. This blend of technology and expert knowledge gives our clients unrivalled power to question their decision making processes. We are fortunate to be working with some of the largest, most innovative and forward thinking
SteelEye, a compliance technology and data analytics firm, has formed a technology partnership with Solgari, a provider of compliant, integrated omni-channel cloud communications services.
The partnership will integrate SteelEye and Solgari’s cloud platforms, allowing clients to meet many financial services regulatory requirements while opening up significant data analysis opportunities.
SteelEye’s software reduces cost and complexity for financial service firms meeting their MiFID II obligations for Record Keeping, Transaction Reporting, Trade Reconstruction and Best Execution, while allowing these firms to extend intelligence through Surveillance functionality and gain further valuable insight from their own data.
Solgari provides customers all the
In mid-March, we published the first of a two-part article series with SEI Investment Manager Services on how a top-down, bottom-up solution can go some way towards helping fund managers grapple with regulatory compliance demands as efficiently as possible.
Andrew Strange, PwC director, comments on this morning’s FCA Asset Management Market Study policy statement and consultation…
The FCA has struck a pragmatic balance between prescriptive rules and flexible guidance, and the rules should be welcomed by the industry and consumers.
Delivering value for money for investors has always been a key tenet of the asset management industry. Changes to focus on wider value, rather than just charges, will better enable firms to demonstrate this value to their customers, although the new public statements could risk overloading consumers with information. However, updating guidance to make it easier for firms
Katey Bogue has joined eVestment, a global leader in institutional investor data and analytics, as Head of Private Markets. She will be responsible for leading the growth and development of eVestment’s private markets solutions.
This will include expanding eVestment’s private markets database and growing the company’s market intelligence, analytics and due diligence solutions for private markets general and limited partners.
Bogue (pictured), joins eVestment from Nasdaq, eVestment’s parent company, where she served as Head of Alternatives for Nasdaq Private Market. Her appointment illustrates the opportunities to share expertise and personnel between Nasdaq and eVestment that made eVestment an attractive
CLS, a market infrastructure group delivering settlement, processing and data solutions, and NEX are extending the triReduce CLS FX service to third parties.
Banks, funds, non-bank financial institutions and multinational corporations that settle in CLSSettlement through a settlement member are now able to join the compression service, benefiting from reduced counterparty exposures and operational risk mitigation. Third parties will participate in the same compression cycles as CLS settlement members. After a compression proposal has been accepted, third parties will process the results of compression through their settlement members.
NEX’s triReduce and CLS pioneered the triReduce CLS FX service to
