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Like many other firms, Alliant was very concerned with how the global shutdown was going to affect its clients, firm and people at the onset of the pandemic: its insurance advisory and brokerage business is collaborative and relies heavily on a high level of people interaction between clients, underwriters and colleagues.
Tourmaline Partners, an outsourced trading solutions firm, has made multiple key new hires. Brett Fischer has joined as Managing Director, supporting business development and strengthening relationships with existing clients.
In addition, Michael Maloney has joined as a Director on the firm’s US operations team, and Lavan Guruparan has joined as an Associate Director on Tourmaline’s Asia-Pacific (APAC) operations team.
With 25 years of institutional experience and deep relationships on both the buy and sell side, Fischer most recently spearheaded JP Morgan’s Americas electronic equity sales team. There, he led the business from outside the top ten to a top three
Given the cloud-based nature of its operating model, Arcesium had the advantage of being well-positioned for a quick, seamless transition to a fully remote, global operation when the pandemic began.
Dmitry Miller, SVP, Head of Technical Relationship Management at Arcesium, comments: “We were able to continue serving our existing clients and add new clients, without skipping a beat thanks to our cloud-native architecture and the hard work of our staff.”
Due to the pandemic, Arcesium’s clients experienced a series of events, including increased trading volumes, market volatility, forced transition to remote work, and other major impacts affecting their business.
Hedge funds operating in the US are bracing themselves for increased scrutiny, following the comments made by US Securities and Exchange Commission (SEC) Chair, Gary Gensler, at the Institutional Limited Partners Association (ILPA) Summit earlier in November 2021. The regulator chair outlined plans to enhance reporting and disclosures, and keeping close watch on the way private funds charge investors and measure performance.
The Citco group of companies (Citco) has navigated the minefields of the last 18 months with confidence. Jay Peller, Head of Fund Services, Citco Fund Services (USA) Inc, comments: “We have always maintained a commitment to best-in-class solutions which prepared us to make quick transitions without sacrificing the superior service we provide.”
The global pandemic presented a difficult time for everyone but, as a technology company, Copper was able to continue delivering digital asset product to its clients and flourished alongside the digital asset industry in a tough environment. The firm increased its employee numbers nine-fold since the start of this year, reaching about 200 people globally.
The biggest trend Copper has noticed is the increased search for alpha in digital assets within the hedge fund industry. With bonds around the world yielding close to zero, and stock market valuations near all-time highs, hedge funds are looking for better risk/reward investments, and
Excel, email, and Evernote are still some of the most commonly used technologies across investment firms during the research process. Yet, Excel is 36 years old, email over 50 years old, and even Evernote is approaching nearly two decades in the business. While these tools have played a valuable role in the investment research process, it’s safe to say their innovation has long been maxed out.
So when the pandemic hit, it upended how Sentieo’s customers operated, and every firm was forced to consider technology in ways they simply hadn’t before. Swati Tyagi, Vice President, Product at Sentieo asks: “If
The global pandemic accelerated digital transformation across a wide range of industries during the past 18 months, resulting in a growing demand for analysis into the digital performance of companies, in order to get insight into who’s winning and who’s losing market share of the all-important audiences these companies covet.
Over the last 35 years, SS&C has been on the front line, changing industry trends, and focusing on delivering the technology and services to help funds grow.
For UMB Fund Services, the past 18 months have been a lesson in adaptability, flexibility and commitment. According to Jill Calton, EVP, Executive Director Alternative Investments for UMB Fund Services: “We quickly adapted to a new working style in March 2020, and over the course of a weekend, transitioned our entire workforce to remote work.”
Strong policies and procedures, a highly skilled and trained workforce, and paperless processes made this transition possible. “We already had remote work integrated into our disaster recovery plan so we were able to implement those changes without service impacts to clients and stakeholders,” she adds.
