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DTCC-Euroclear Global Collateral Ltd (GlobalCollateral), a joint venture of Euroclear and The Depository Trust & Clearing Corporation (DTCC), and Lombard Risk, have formed a strategic alliance to drive further improvements in collateral management operations.
Lombard Risk has also joined the GlobalCollateral Partner Program. The first initiative under this alliance will link GlobalCollateral’s Margin Transit Utility (MTU) with Lombard Risk’s COLLINE solution, providing a streamlined and centralised collateral management process across all asset classes.
Under the alliance’s first initiative, Lombard Risk COLLINE users will be able to access MTU message statuses directly from their user interface, enabling a straight-through collateral management process across all asset classes – from entering trades and positions, to managing
Street Diligence, a provider of fixed income analytics software, has launched a new corporate structure offering which is designed to complement the company’s existing buy- and sell-side data and analytics.
The new offering enables credit analysts’ access to the most complex corporate structures, their debt guarantees and a view on subordination risk, augmenting Street Diligence’s existing coverage of specific deal terms and covenant analysis on fixed income securities.
“This is a significant addition for our rapidly growing client base,” says Stephen Hazelton (pictured), Founder and CEO of Street Diligence. In an increasingly competitive investment environment, our clients must seek
Mounting signals that the latest leg of the bond market rally has started to reverse fuelled hedge fund strategies last week. Most recent inflation prints outpaced expectations both in the US and the UK, as consumer prices rose 1.9 per cent and 2.9 per cent year over year in August, respectively.
That’s according to Lyxor’s latest Weekly Brief, which also reveals that Sovereign bond yields rose in developed markets, in particular in the UK, and yield curves steepened somewhat. Meanwhile, equity markets extended their winning streak both in developed and emerging markets.
Such developments have been largely supportive for
After a tough start to 2017, macro UCITS strategies began to recover during the summer months. In line with the broader hedge fund market, performance in this category was led by CTA/Managed Futures funds progressing 1.06 per cent during the month of August, still showing -2.19 per cent YTD losses.
Also the relatively smaller group of Currency Arbitrage UCITS funds showed positive performance for the first time in 2017, advancing 0.47 per cent .
Tracking the average fund performance, the LuxHedge Global Alternative UCITS Index continues to grow at moderate pace with a performance of +0.16 per cent during
Fintech research veteran Amar Rajani has joined the FeedStock Advisory Board, effective immediately.
Rajani is Founder and Managing Director of Argella Limited, an advisory firm specialising in FinTech and with specialist knowledge in the research and regulatory space. Prior to this, he spent the past 17 years at Bloomberg LP, where he was Global Product Manager for their research management business with responsibility for the MiFID II research stream. During this period, he was also a founding member of Bloomberg’s Enterprise Products and Solutions team, as well as manager of several teams including London buy-side.
Charlie Henderson, Managing Director
The total value of funds business in Guernsey grew by GBP4.5 billion (1.6 per cent) during the second quarter of this year, the eighth straight quarter of growth for the sector. The island has not experienced a drop in total funds business value since the second quarter of 2015.
Figures from the Guernsey Financial Services Commission (GFSC) show that, at the end of June 2017, the net asset value of all funds under management and administration in Guernsey stood at GBP271 billion. For the year since the end of June 2016, the total net asset value has increased by GBP23.9
By George Ralph, RFA – Outsourcing your IT support may seem like a luxury in austerity Britain, but it can save time, drive efficiencies and actually give firms a competitive edge. Employees are key stakeholders in defining the perception of a firm, and if they receive a great service when they have an issue with their IT, it will reflect well on the firm’s reputation.
By outsourcing IT support, firms can avoid downtime before it affects business. Reliable partners will make a significant investment in technology to monitor infrastructure, quickly identifying issues and often resolving them before they are brought
SimCorp and TradingScreen have formed a new strategic alliance which, by combining the companies’ respective expertise and products in the order and execution management system (OEMS) space, is aiming to provide the the global buy-side with aseamless and tightly-knit solution for use across the entire investment and trading lifecycle.
The new solution acts as a central repository for trading data and reporting, integrating the OMS and EMS, and tackling many of the pain points associated with current OEMS offerings in the market. The solution meets the much-needed requirement for workflow simplification in the front office by enabling institutional investors to
Linedata has launched an updated interface between its order management system (OMS) Linedata Longview, and The Depository Trust & Clearing Corporation’s (DTCC) strategic platform for the central matching of cross-border transactions, CTM, as the sector readies itself for MiFID II implementation in January 2018.
Linedata’s partnership with DTCC allows asset managers and hedge funds, using either deployed or hosted versions of Linedata Longview, to directly interface with CTM, which is a major component of DTCC’s Institutional Trade Processing product suite, thereby enabling all users to send trade allocations to their broker/dealers and automatically generate affirmations for matched trades in real-time.
Singapore Exchange (SGX) has launched of SGX Iron Ore Futures Indices, a suite of inverse and leveraged indices calculated off the SGX TSI Iron Ore CFR China (62 per cent Fe Fines) Index Futures.
This is the first series of SGX commodity-based indices to be used as benchmark for tradable products and they will be licensed to Daishin Securities Co Ltd, a Korea-based securities and investment firm.
The suite is made up of two total return indices that offer investors both long and short exposure to the seaborne iron ore market based on the underlying US dollar denominated SGX
