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.

iCapital, a global fintech platform driving access and efficiency in alternative investing for the asset and wealth management industries, is to acquire and Stifel Financial Corp’s alternative investment feeder fund platform. Stifel’s feeder fund platform supports distribution of a suite of unique hedge fund strategies. Upon closing, iCapital’s white label technology will be leveraged to streamline and automate the onboarding, subscription processing and lifecycle operations for Stifel feeder funds, while providing support to Stifel’s advisors and their high-net-worth investors.  Stifel will continue to source alternative investments for its clients and provide them with guidance on the role of alternative investments

Quant Insight, a macro-economic insights provider, has partnered with with Omega Point, a provider of portfolio tools and services for the institutional investment community, marking its first significant expansion in US markets. The partnership will offer Omega Point users access to Qi’s rigorous macro analytics technology via Omega Point’s intuitive web interface and all-inclusive API. This enables users to quickly and easily discover specific macro factors driving asset prices, analyse their impact on portfolio holdings, and design and implement targeted mitigation solutions.   Qi macro analytics adds a new level of transparency across the macro landscape, allowing users to determine

Transaction Network Services (TNS) has entered into a new partnership to become a data vendor and connectivity provider with Spain’s principal stock exchange, Bolsas y Mercados Españoles (BME).  TNS can now offer market data and order entry access to the Spanish Equity Market SIBE platform (the exchange’s own electronic trading platform) as well as Mercado Español de Futuros Financieros (MEFF) derivatives.   BME manages all Spanish stock markets, operating Bolsa de Madrid, Bolsa de Barcelona, Bolsa de Bilbao, Bolsa de Valencia plus the derivates exchange MEFF.     TNS connects to BME via its BME London Hub in Equinix LD4

SS&C Technologies Holdings has launched GoCentral, an intelligent web platform that leverages Artificial Intelligence and Business Process Re-engineering (BPR) in an exception management-based approach to optimise front, middle and back-office services. SS&C GoCentral is a single unified platform to access the information and systems needed to manage funds. In addition, it features an intelligent exception management-based workflow designed to streamline the NAV process while providing greater transparency to SS&C’s alternative asset manager clients. The new GoCentral solution aims to deliver intelligent workflow automation technology to facilitate fund operations, with seamless workflows to strengthen oversight, as well as full operational transparency

Pico has achieved an early key expansion milestone for Redline Trading Solutions (Redline), a high performance trading and market data software provider it recently acquired in January 2022.  The addition of normalised market data for Shanghai Stock Exchange (SSE) and Shenzhen Stock Exchange (SZSE), extends Redline’s global coverage beyond US and European markets.     With the SSE and SZSE ranked among the largest exchanges in the world [, China is an important market for European and North American investors. Pico’s fully managed RedlineFeed™ simplifies access to these venues through optimised software and common APIs.   

Ocorian, a provider of corporate, fund and fiduciary administration services for private markets, has selected the full eFront Invest suite to support the ongoing growth of its Global Funds business. The announcement builds on Ocorian’s long-standing relationship with eFront by adding new capabilities such as Fund Administration, Investor Services, AIFM and Lite Depositary services. Ocorian provides bespoke technology-led specialist fund services across private market segments including private equity, venture capital, direct lending, real estate, and infrastructure focussed fund managers. 

Bullish, a technology company that operates the regulated cryptocurrency Bullish exchange, has reported average daily trading volume on the exchange of USD213 million in February and annualised monthly trading revenue of USD97 million. Since the platform opened in permitted jurisdictions to select institutional customers on 24 November, 2021, and to the public in late December 2021, total trading volume on the exchange has reached over USD14 billion. The platform offers five trading pairs, with more token listings expected this year.

Alter Domus, a provider of integrated solutions for the alternative investment industry, has seen assets under administration (AUA) soar to over USD1.6 trillion in the 12 month period ending January 2022, reinforcing its position as a top provider of fund administration services to the alternatives industry. In the United States, a key growth market, Alter Domus’s assets have increased by USD360 billion (over 50 per cent increase) over the same period. The growth comes on the back of increased client demand, particularly amongst private equity and real estate managers, and as the fast-growing alternatives industry faces an increasingly complex regulatory

Exchange services group Aquis Exchange is to add Czech and Hungarian blue-chip stocks to trading on its pan-European MTFs business, Aquis Exchange. During the second quarter of 2022, some 300 additional stocks will be made available for trading on the Aquis Exchange UK and Aquis Exchange EU platforms, including the 13 largest, most liquid, Czech and Hungarian stocks.  The expansion of the Aquis Exchange trading universe by the addition of Czech and Hungarian stocks brings the total number of markets covered by the exchange to 17.