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FeedStock, a provider of integrated interaction tracking and analytics software, is partnering with IHS Markit to provide an end-to-end investment research tracking, evaluation and analysis and payments tool for clients in fund management.
This alliance will see the delivery of a comprehensive solution that satisfies the buy-side’s need to accurately track, evaluate and pay for research, while managing inducements and trials, as required by MiFID II. Unlike other solutions requiring manual work and reconciliation of sell-side data, FeedStock’s tracking system is fully automated and independent.
Using the latest in AI and machine learning, FeedStock filters, tracks and classifies investment
Following a strong start to the year, February has been challenging for CTAs, with all Societe Generale CTA Indices finishing the month in negative territory.
The Short-Term Traders Index was down 4.29 per cent but remains positive YTD, up 1.19 per cent. Conditions were particularly difficult for trend-followers which were down 8.96 per cent, the worst monthly return since 2003 and the third worst since the inception in 2000. The Trend Index outperformed the Trend Indicator by 2.30 per cent in February.
The upward trends in Equity indices experienced steep reversals, leading to losses of 5.47 per cent in
A newly formed group of major finance industry players have joined an OpenFin-led initiative to bring universal connectivity and standards to all of the financial industry’s desktop applications.
The group, known as the Financial Desktop Connectivity and Collaboration Consortium or FDC3, is committed to addressing the increasingly fractured software landscape of capital markets. FDC3 standards will enable faster decision-making, improve productivity and streamline workflow. OpenFin, the first operating system created specifically for finance, and the industry’s only technology designed to be unifying and application-agnostic, has contributed the open-source code that serves as the cornerstone for this new initiative.
The financial
Three experienced figures in the alternative investment industry have partnered to form a new licensed fiduciary services company in the Cayman Islands.
Eze Software has signed on 60 broker-dealers to provide connectivity for Eze Eclipse, its cloud-based investment management solution, which supports the entire investment workflow and was launched in 2017.
Eze Software chose 20 emerging equity and event-focused hedge funds as exclusive first users on the platform. It plans to expand access to the platform throughout 2018 by targeting funds that would most benefit from a holistic, user-driven approach to managing the investment process. In 2017, Eze also continued to expand its already well-established presence in the start-up market with 56 start-ups signing on for Eze Investment Suite.
Nearly all
Link Fund Solutions, part of Link Asset Services, has appointed Andrew Lelliott to the post of Head of Transfer Agency.
The appointment reflects Link’s continued strategy to grow within the UK transfer agency market, building upon its strength in transfer agency and registrar services, as part of the company’s wider fund services offered in Europe.
Lelliott joins from Northern Trust where he was Senior Vice President responsible for the significant growth of their transfer agency business in the UK. Prior to this and with 31 years’ experience in financial services, Lelliott has worked for IFDS (now DST), Schroder Investment Management,
PostFinance, one of the leading retail financial institutions in Switzerland, is a new shareholder of SIX, the operator of the Swiss financial market infrastructure. SIX’s shareholder base of now includes 127 banks and all significant participants of the Swiss financial centre.
SIX operates the infrastructure of the Swiss financial centre, catering to a broad, international client base. The core business focus is on infrastructure services for shareholders and on the financial sector in the areas of securities, payment transactions and financial information.
SIX was formed in 2008 through the merger of SWX Group, SIS Group and Telekurs Group. The
AcadiaSoft, a provider of margin automation solutions for counterparties engaged in collateral management worldwide, has launched CollateralManager, which will provide complete end-to-end collateral management for all buy-side firms via the AcadiaSoft Hub.
The web-based platform covers all agreement types – OTC Bilateral, OTC-Cleared, Exchange Traded Derivatives, Repo, MSFTA, Securities Lending and Borrowing – and lends itself to asset managers, hedge funds and corporates who have regulatory and operational requirements to automate their internal collateral management process.
CollateralManager is fully integrated into AcadiaSoft’s MarginSphere, the industry standard margin confirmation service that streamlines communications between counterparties engaged in collateral management through
Exchange Data International (EDI), a provider of global security corporate actions, pricing and reference data, has launched a new Short Interest service.
Short interest is a market sentiment indicator that tells whether investors think a stock’s price is likely to fall. It can also be compared over time to examine changes in investor sentiment. By analysing this data, investors can then decide when to buy or sell a specific security.
Jonathan Bloch (pictured), CEO of Exchange Data International, says: “Given the current volatility of the market, investors should consider all sentiment, both negative and positive. EDI makes available information
Hedge fund performance fell in February as global equities declined, ending a streak of fifteen consecutive monthly gains for the broad-based HFRI Fund Weighted Composite Index.
The HFRI FWC declined 1.8 per cent for the month, led by losses in quantitative, trend-following CTA strategies, though all main strategy areas experienced losses for the month, according to figures released by HFR.
The February decline was the largest since January 2016 and pares the Index Value to 14,134, ending a streak of fourteen consecutive record monthly index levels. Inclusive of the February performance, the HFRI FWC has gained 0.5 per cent
