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Trading Technologies International (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, and KRM22 plc (AIM: KRM), the technology and software investment company that focuses on risk management for capital markets, have revealed the first two KRM22 risk offerings that Trading Technologies is integrating into the TT platform.
The companies made the announcement at the start of the 2022 International Futures Industry Conference in Boca Raton, Florida.
In the second quarter, TT will launch KRM22 Limits Manager, a limit management system designed by KRM22 to combat time-consuming and potentially error-prone pre-trade risk processes by automating, maintaining
BidFX, an execution management system designed for the daily FX market, has integrated with Finastra’s Fusion Confirmation Matching Service (CMS).
This ensures capabilities right through from execution to settlement for mutual clients.
State Street Digital, State Street Corporation’s dedicated digital division, has added three veteran digital executives to its leadership team.
Katie Richards joins as global head of operations and Marcus Grubb as global head of product. Both report to Nadine Chakar, head of State Street Digital. Additionally, State Street announced that Derren Selvarajah has joined as Product PMO lead for the Product Strategy team. Selvarajah reports to Grubb.
Richards, based in Zurich, will be responsible for driving the execution of State Street Digital’s strategy and developing sustainable and scalable operational solutions.
Selvarajah, based in London, is joining as the Product PMO
The hedge fund industry gave up a bit of ground in February, falling back -1.00 per cent for the month, according to the Barclay Hedge Fund Index compiled by BarclayHedge, a division of Backstop Solutions.
Apex Group has expanded its digital assets capabilities with the acquisition of a majority stake in Fund Admin Chain (FAC), a distributed ledger-based network for launching, distributing, trading and settling collective investment funds.
FAC is designed to connect fund investors, fund managers and their service providers in a digital distributed ecosystem. In addition to simplifying and streamlining the investment funds’ value-chain, FAC delivers additional revenue opportunities for funds industry participants.
FAC is a pioneer in the application of new technologies to the funds industry and Apex’s position as majority shareholder will accelerate the adoption of these technologies and set
Macquarie Asset Management, the asset management division of Macquarie Group, has completed its acquisition of Central Park Group, an independent investment advisory firm that specialises in institutional-quality alternative investment strategies for high-net-worth investors.
Central Park Group is a pioneer in providing financial advisors and their clients access to top private equity, hedge fund, and real estate talent and strategies in structures specifically designed to meet the needs of high-net-worth and smaller institutional investors.
Central Park Group will form the cornerstone of Macquarie’s efforts to serve US high-net-worth investor demand for alternative investments.
Some of Brazil’s highest profile independent hedge funds have gurned to gold to protect their portfolios from the market turmoil caused by Russia’s invasion of Ukraine, according to a report by Bloomberg.
Cryptocurrency hedge fund Tyr Capital has appointed Olivier Trombert as CEO. The residing CEO, Nick Norris, will take over the operational side of the business as Chief Operating Officer (COO), following the launch of Tyr Capital’s new venture fund last month.
Trombert brings with him over 25 years of experience in the financial industry, having started his career at Société Générale where he progressed from junior trader to head the energy options trading desk.
In 2007, Trombert joined Standard Chartered Bank (SCB) to develop the energy trading in EMEA and US regions. Over a three-year period, he developed SCB’s
Omni Event Fund, a hard catalyst focused event-driven fund managed by Omni Partners, has commenced trading as Kryger Fund following the planned acquisition of the Omni Event business by its long-standing Chief Investment Officer, John Melsom.
Following the change of ownership, the firm has rebranded to Kryger Capital.
With over USD900 million in assets under management, the firm’s actively managed global event- driven investment strategy and investment team remains unchanged under the new brand. Kryger Capital’s focus is to deliver absolute returns regardless of the market environment by targeting equities and equity-related securities of companies undergoing significant corporate actions and
GAM has appointed David Dowsett as Global Head of Investments effective 4 April 2022. Dowsett will be responsible for leading all GAM’s investment teams and will report to GAM CEO Peter Sanderson.
Dowsett will use his investment expertise to act as a counsel and coordinator, enabling the firm’s investment teams to build on recent strong investment performance by facilitating an open and transparent investment culture. How experience of building an asset management business will enable him to provide input from an investment perspective to help deliver the best outcomes for our clients and deliver asset growth.
Juan Landazabal who is
