Latest News
Ryan Hicke, Executive Vice President and Chief Information Officer at SEI, is to become the company’s next chief executive officer and a member of its board of directors, effective 1 June, 2022.
Hicke will succeed Founder Alfred P West, Jr, who is transitioning to the role of Executive Chairman after successfully leading and growing SEI for more than 50 years. The executive management team, currently reporting to West, will report to Hicke effective 1 June.
Throughout his 24-year career at SEI, Hicke has held a number of senior leadership positions across the company’s global businesses, playing an important role in
Hazeltree, a provider of integrated treasury and liquidity management solutions for investment managers, and LGT Capital Partners have completed the initial phase of implementation of Hazeltree’s cash and liquidity management solution.
This phase is focused primarily on aggregating and automating LGT Capital Partners’ cash wires activity, replacing a legacy application. It establishes the platform for further enhancing LGT Capital Partners’ fund financial management operations by aggregating, optimising and improving execution of its cash, debt and liquidity management processes.
Luxembourg fund administrator, EFA, has selected NeoXam for a core Trade Settlement service based on NeoXam Tracker3, with a strong focus on the CSDR (Central Securities Depositories Regulation) requirement, alongside a bespoke digital reporting project.
NeoXam Tracker3 allows EFA Middle Office service to track the entire settlement process of all active trades in near real-time.
A dedicated online dashboard application has been designed to enable EFA’s clients to have digital access to the settlement status of their trades.
NeoXam’s software is designed to meet CSDR’s objectives of improving the efficiency and transparency of settlements in Europe.
EFA is an independent
BlockFills, a global digital asset trading and financial technology company, has integrated with Sudrania Fund Services Corp (Sudrania), a specialist in digital assets fund administration.
The integration pairs two forces in the digital asset trading industry to provide improved customer service and access to traders around the world.
Using BlockFills’ industry-leading API, Sudrania’s global network of clients, who are seeking deep spot liquidity, derivatives, and lending services, will now be able to pull transaction data, balances, and history automatically and significantly ease reporting and administrative tasks. BlockFills’ market-leading end-to-end API features near instantaneous execution through the company’s liquidity network,
CAIS, an alternative investment platform, has named the members of the CAIS Advisory Council (CAC), a standing committee comprised of seasoned and next-generation RIAs, independent broker dealers, RIA aggregators, and custodians.
CAC members, offering a diverse mix of skills and experiences, will meet with CAIS’ Executive Committee on a quarterly basis. Specifically, the group will help identify technical opportunities to expand the platform, act as beta test users for new applications, assess the impact of CAIS-sponsored programs, and provide ad-hoc guidance around the overall engagement, needs, and new solutions impacting the alternative investment ecosystem.
The CAC members are:
Michael Bapis,
Neuberger Berman, a private, independent, employee-owned investment manager, has launched a new UCITS commodities fund.
The Neuberger Berman Commodities Fund is run by a highly experienced New York-based senior portfolio manager Hakan Kaya, PhD, and will be supported by five others within the investment team.
Neuberger Berman has managed a diversified commodities strategy since May 2010, and Kaya has managed the Neuberger Berman Commodity Strategy in the US since inception.
Utilising commodity-related financial derivative instruments, the fund aims to provide an attractive level of total return and capital appreciation, by seeking exposure to a broad range of commodities across various
The Exchange Council of the European Energy Exchange (EEX) held its first meeting of the year, chaired by Dr. Bernhard Walter, Head of Market Design and Regulatory Affairs at EnBW AG.
The Exchange Council of the European Energy Exchange (EEX) has discussed dot length the current market conditions set against the background of the Ukrainian conflict.
In light of the current events, energy markets are experiencing unprecedented price developments. In these turbulent times, it is the highest priority of the exchange and the clearing house to ensure the stability of trading and clearing for all listed energy and commodity contracts.
CryptoStruct has completed its normalised low-latency market data and order entry gateways to Bitfinex, a digital token trading platform.
By using the high-performance strategy framework, CryptoStruct’s clients can now easily scale their trading activity on to the exchange, thereby benefiting from the potential for higher revenue.
Thomas Schmeling, Managing Director of CryptoStruct, says: “We are pleased to announce that we successfully added Bitfinex to our product suite. This allows our clients to access this well-established crypto exchange in low-latency and scale their trading activities further.”
“In this collaboration with CryptoStruct, traders will have the capacity to execute advanced strategies, leveraging
Exabel, a data and analytics platform for investment teams, has partnered with Gridwise to deliver a new insights capability for Gridwise’s investment clients.
Gridwise Analytics for Investors will provide hedge funds and asset managers with curated insights based on the most comprehensive gig mobility dataset that exists. The new offering will provide users with easy to navigate dashboards, visualisations and KPI monitoring capabilities, and aid in the idea generation process by flagging trend shifts in Gridwise’s datasets.
Joining forces with Exabel provides alternative data vendors with a value-added presentation and monitoring layer and is powered by Exabel’s market leading Al
Alternative investment firm Angelo Gordon has appointed Alan Isenberg, former Head of Product Strategy and Marketing at Neuberger Berman, as Global Head of its Client Partnership Group.
In this role, he is responsible for leading the firm’s worldwide client and product functions, including new business development, client coverage, product development and management, and client service.
Isenberg will report to Josh Baumgarten, co-Chief Executive Officer of Angelo Gordon, and succeeds former Global Head of Investor Relations Garrett Walls, who will remain a senior advisor to the firm until his planned retirement at year-end.
