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Marex, a tech-enabled liquidity hub for participants in global commodities and financial markets has selected Genesis to fully digitise middle office workflows for its new equities market making business.
Read the full story at Institutional Asset Manager…
LiquidityBook, a software-as-a-service (SaaS)-based provider of buy- and sell-side trading solutions, has appointed Sayant Chatterjee as Chief Operating Officer.
Read the full story at Institutional Asset Manager…
Paradigm Governance Partners, a governance and financial services firm with a presence in the Cayman Islands and the US, has hired an experienced fiduciary professional to assist the business and to provide support to its compliance and regulatory team.
Tanya Jamieson joins Paradigm after several years working for Intertrust Corporate Services (Cayman) in a senior fiduciary role. She provided corporate secretarial and board support to an extensive portfolio of clients, which included some of the world’s largest Fortune 500 groups. She also worked closely with the unit trust team and the management board of Intertrust.
Prior to working for Intertrust,
Kepler Partners has successfully launched the KLS Athos Event Driven Fund on its Kepler Liquid Strategies UCITS platform, raising over USD70 million of external capital for this new alternative UCITS fund.
The KLS platform now has six funds and assets under management of USD1.4 billion.
The KLS Athos Event Driven Fund is managed by Athos Capital Ltd from their offices in Hong Kong, and follows the firm’s flagship, equity-biased Asian event driven strategy. The strategy focuses on short- dated and liquid hard-catalyst events, with a significant weighting to Asia. The firm’s flagship fund, upon which the UCITS is based has
The Power Spot markets, operated by EPEX Spot, increased by 3 per cent in May 2021 to a total volume of 52.7 TWh (May 2020: 51.2 TWh).
The Intraday markets mainly contributed to these results, registering a 27 per cent growth to 10.6 TWh (May 2020: 8.4 TWh) and posting new records on the Austrian (416.8 GWh) and Dutch (471.6 GWh) markets.
European Power Derivatives markets grew by 24 per cent in May and reached 391.8 TWh (May 2020: 315.5 TWh). While the Spanish (25.8 TWh) and Greek (2.0 TWh) markets posted new highs, the German, Austrian and Swiss markets
CIAM, the London- and Paris-based activist hedge fund, has launched a fierce attack on reinsurance firm SCOR SE’s corporate governance and management succession plans, and is calling for shareholders to vote against the re-election of chairman Denis Kessler and board directors and to oppose proposed remuneration policies at the company’s AGM later this month.
The activist hedge fund, which wrote to SCOR last year to address “significant corporate governance deficiencies”, has welcomed the separation of the roles of chairman and CEO following the departure of Kessler as CEO.
But in a letter addressed to SCOR’s board of directors and Augustin de
United Fintech is expanding into the US with the appointment of Mark Lawrence from Goldman Sachs as Director and Head of Americas. This is a major development for the firm, which was launched by Christian Frahm to help banks, hedge funds and asset managers to accelerate their transition to a digital world through access to fintechs specialising in capital markets.
Hazeltree, a provider of integrated treasury management and portfolio finance solutions for investment managers, has announced the general availability of Hazeltree Debt Manager, an integrated solution to track and manage credit facilities across multiple credit products, lenders and legal entities.
Hazeltree Debt Manager delivers near real-time credit data for decision-making, improves operational efficiencies in utilising credit facilities, and reduces risk of breaching critical covenants.
Hazeltree Debt Manager provides clients with benefits that include:
• Agreement Management – Define and track key credit agreement terms and conditions.
• Covenant and Limit Management – Manage and track credit facilities covenants and limits
SteelEye, a compliance technology and data analytics firm, has launched a new suite of communication compliance solutions to give financial firms of all sizes and risk profiles access to best-in-class record-keeping and oversight tools.
The Covid-19 pandemic has accelerated digitalisation in the financial markets, with increased adoption of cloud-based RegTech solutions. However, restricted by budget and resource, the options available to smaller financial firms have been limited. Many of the incumbent providers have not innovated in line with technological advancements, are still operating legacy platforms, and make it prohibitively difficult and costly for firms to access and use their data.
Bitcoin latinum, the next-generation insured bitcoin fork capable of massive transaction volume, digital asset management, cyber security, and capacity has announced a green initiative to achieve a carbon net-zero footprint, as a commitment to sustainable environmental practices and support of the Crypto Climate Accord.
This will be achieved through a Consensus protocol system for settling transactions. Bitcoin Latinum is also announcing its hard-fork and public trading availability for Q3 2021.
Bitcoin latinum is an enhanced Bitcoin fork. The bitcoin latinum algorithm and infrastructure break barriers and speed limits that have prevented some virtual currencies from achieving practical, real-time use. Bitcoin
