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Misys, the application software and services company, has launched Misys Risk Insight, a new way of visualising and managing risk across the organisation.
The solution from Misys is both a risk aggregation tool and a presentation dashboard that gives banks an intelligent and dynamic way to control and manage risk on all levels of the organisation.
Sitting at the heart of Misys Global Risk, which was launched in November 2012, Misys Risk Insight gathers together all risk information from each part of the organisation into one central place. Risk Insight is a valuable tool for anyone who needs to
ICAP, a markets operator and provider of post trade risk mitigation and information services, has begun trading in Sterling (GBP) on i-Swap, its electronic interest rate derivative platform.
This follows the launch of i-Swap in the US in Dollars in February 2013. Euro interest rate swaps (IRS) was launched on i-Swap in September 2010.
As with Euro IRS and US Dollar IRS, i-Swap’s shareholding banks – Citigroup, Bank of America Merrill Lynch, Barclays, Deutsche Bank and JP Morgan – will support the platform with streaming prices.
The i-Swap trading platform is for interest rate derivatives and enables
The European Securities and Markets Authority has published its technical advice evaluating the impact of the regulation on short selling and certain aspects of credit default swaps on European financial markets.
ESMA has prepared this in response to a European Commission request for technical advice to inform its report to the European Parliament and Council on the impact of the regulation, due by end of June 2013.
The advice was requested only a short time after the implementation of the regulation on 1 November 2012 and so there were limits to the market data available, and limited regulatory
Cordium, a compliance consultancy to the asset management industry and new name for HedgeOp Compliance and The IMS Group, has made two key appointments.
Peter Guarino, vice president, will join Cordium’s Boston office, and Vivek Pingili, vice president, will join Cordium’s New York office, both reporting to managing director and partner, Patrick Shea.
Guarino will bring nearly 30 years’ experience as chief compliance officer (CCO) and in-house counsel to bear in a role that will see him spearhead Cordium’s mutual fund division, an area of growth for the consultancy. Most recently, he served as the CCO for
Gottex Brokers, an interdealer broker in interest rate derivative products and a specialist in Swiss interest rate derivatives, has opened a London office focusing on agency brokerage.
The new office, based on Savile Row, will provide credit trading services in structured credits and rates, global high yield and investment grade credits, servicing both existing and new institutional clients in the UK/ Europe, the Middle East and around the world.
The new office will manage relationships with institutional investors such as asset managers, hedge funds, family offices and pension funds.
The opening of the new office is in
UCITS funds continue to be one of the most popular forms of foreign-domiciled funds in Asia Pacific according to an article written 30 May 2013 by Sanjay Jayant, Global Head of Product Solutions – Fund Services, HSBC Securities Services. Their popularity, says Jayant, is principally down to the level of protection their give investors and, if they are domiciled in Luxembourg or Ireland – as many UCITS funds are – certain tax advantages.
Fund promoters and managers in Asia are busy capitalizing on what has become an internationally recognized fund wrapper and as Jayant writes: “Fund managers are using UCITS to
Appleby has acquired Caledonian Trust (IOM) and Caledonian Fund Services (Europe) as part of the group’s ongoing strategy to grow its fiduciary and administration business.
Sean Dowling (pictured), office managing partner of Appleby (Isle of Man), says: “We have continued to look for new opportunities to build on the success of Appleby Trust (Isle of Man) Limited since its establishment in 2000. The staff at Caledonian are a great fit with our team – they strive for the high standards of service our clients are used to and we are pleased to welcome them on board.
“Appleby is committed
American Stock Transfer & Trust Company (AST) has been appointed as transfer agent to NexPoint Credit Strategies Fund, a closed-end fund managed by NexPoint Advisors, an affiliated adviser of Highland Capital Management based in Dallas, Texas.
AST Fund Solutions, the closed-end and mutual fund affiliate of AST, also serves as the fund’s proxy solicitor.
NexPoint Credit Strategies Fund invests primarily in below investment grade debt and equity securities and has the ability to hedge risk. NexPoint Advisors attempts to exceed the return of Dow Jones Credit Suisse Hedge Fund Index in a transparent, registered fund format with monthly
Finance professionals punched out in an eight-bout tournament at the seventh Xie Shares Hedge Fund Fight Nite.
In usual fashion, the event was conducted in a marquee set-up on the grounds of the Indian Recreation Club. At 6.30pm, guests dressed in black tie made their way to the show grounds for pre-event drinks courtesy of Links Concept.
HSBC supporters were anxious to see if HSBC would retain its undefeated title, while the fights that drew the most attention were the fight between Chinese fighter Jimmy Heng (Michael Page) and Sam Biggins (Colliers International), and the women’s fight of
The European Securities and Markets Authority (ESMA) has approved the co-operation arrangements between the Guernsey Financial Services Commission (GFSC) and the EU securities regulators for the supervision of alternative investment funds (AIFs), including hedge funds, private equity and real estate funds.
ESMA has negotiated the agreement with the GFSC on behalf of all 27 EU member state securities regulators as well as authorities from Croatia, Iceland, Liechtenstein and Norway.
The co-operation arrangements include the exchange of information, cross-border on-site visits and mutual assistance in the enforcement of respective supervisory laws. This co-operation will apply to Bailiwick of Guernsey
