Latest News
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
Axiom Alternative Investments, a French asset manager with USD2.4 billion under management and offices in London and Paris, has appointed Amélie Kesler to the newly created role of Head of Legal.
Based in Paris, Kesler will report to David Benamou, Chief Investment Officer and will support Axiom on all legal matters as it continues to diversify and expand its growing fund range.
Kesler began her career as a Legal Officer at Lazard Frères Gestion SAS in 2015 and was promoted to Deputy Head of Legal Asset Management in April 2019.
Kesler holds a Master’s degree in Financial Law
Well-known hedge fund bear Russell Clark is questioning how valuable bitcoin is under the stock-to-flow model, a framework traditionally used for precious metals such as gold and platinum, in light of recent sharp price volatility.
CMC Markets Connect, a global provider of institutional trading and technology solutions, has upgraded its tech stack to facilitate faster price construction and increase the range of asset classes available to trade.
Read the full story at Institutional Asset Manager…
Eventus Systems, Inc, an award-winning global provider of multi-asset class trade surveillance and market risk solutions, has announced that OSL Digital Securities (OSL), Asia’s first and only SFC-licensed, Big-4 audited, and insured digital asset platform for institutions and professional investors, and member of BC Technology Group (stock code: 863 HK), has added Eventus’ transaction monitoring capabilities, growing its deployment beyond OSL’s ongoing use of the Eventus Validus platform for trade surveillance.
OSL started working with Eventus in the fall of 2019, and was the first digital asset platform in the Asia Pacific (APAC) region to use Validus for trade
Hedge funds saw USD19.1 billion in new assets flow into the industry in March. Coupled with a USD28.5 billion monthly trading profit, total hedge fund industry assets rose to more than USD4.07 trillion as March ended, a new record high, according to data released by BarclayHedge.
Most hedge fund sectors experienced net inflows in March. Fixed Income funds set the pace adding USD6.9 billion to assets, while Sector Specific funds brought in USD5.8 billion, Emerging Markets – Asia funds saw USD5.6 billion in inflows, Event Driven funds took in USD3.0 billion and Multi-Strategy funds added USD2.9 billion.
Notable among sectors
AquaQ Analytics and Alveo have formed a partnership to provide advanced data management and analytics for the financial services industry.
One specific deliverable of the relationship has been the integration between Alveo’s Prime data mastering and data quality management solution and AquaQ’s kdb+ data capture solution, TorQ. Building on AquaQ’s experience with TorQ and kdb+, Alveo and AquaQ have created bi-directional integration which allows customers to easily take mastered pricing and reference data from Prime into kdb+.
This integration addresses different use cases across the trade lifecycle including independent valuation, trading, liquidity assessment, execution quality monitoring and risk factor preparation.
