Solutions
Graubündner Kantonalbank (GKB) agreed to acquire a stake of around 30 percent in the independent investment manager Twelve Capital Holding AG (Twelve Capital), which specialises in investments in the insurance sector and is headquartered in Zurich, Switzerland.
Subject to the approval of the competent authorities, the transaction is expected to close in Q2 2022.
A representative of GKB will serve as a member of the Board of Directors of Twelve Capital.
The Southeastern Alternative Funds Association (SEAFA) and the MidSouth Alternative Investment Association (MSAIA) have joined the Managed Fund Association’s (MFA) Partnership Program. The Partnership Program currently features members from Canada, New York, Connecticut, Texas, Florida, and California.
The MidSouth Alternative Investment Association (MSAIA) is an education and networking organisation that connects alternative investment professionals, raising the quality of discussion and deliberation in the region, through informal gatherings, panel discussions and fundraising for worthwhile local charities. The MSAIA has been active in Nashville since March 2008 and has grown to over 700 members.
The Southeastern Alternative Funds Association (SEAFA) is
Alpha Data Solutions (ADS), a provider of data services to the global asset management industry, has achieved ISO 27001:2013 certification for its information security management system (ISMS).
ADS has been certified for the provision of Enterprise and SAAS solutions to financial, asset and wealth management companies globally.
To achieve ISO 27001 certification, ADS was subject to a rigorous third-party audit to ensure the presence of a robust and systematic approach to managing and protecting data. It was also necessary to evidence an effective risk management process and comprehensive operation for preserving the confidentiality, integrity and availability of all customer data.
MSCI Inc, a provider of decision support tools and services for the global investment community, is partnering with Menai Financial Group (Menai), a provider of institutional-grade digital asset investment products and trading services.
This strategic alliance marks one of MSCI’s first collaborations in the digital asset space. MSCI will aim to develop innovative tools for institutional investors seeking to capitalise on the growth of blockchain technology and digital assets.
The collaboration between MSCI and Menai comes at a time when institutional investors are increasingly considering opportunities within the digital asset class. As investor interest grows, MSCI has recognised the demand
FLX Distribution – a Resource and Asset Management Platform (RAMP) for asset and wealth managers that provides modular-based front office solutions with on-demand resources, services, and investments – has partnered with Oasis, a Paychex company, focused on offering Professional Employer Organisation (PEO) solutions to its members.
Solving familiar HR challenges including high costs, limited options, complexities, and time-consuming personnel management, FLX is now delivering quality, efficient, and cost-effective solutions through this FLX-sponsored PEO.
Oasis is one of the leading Professional Employer Organisations (PEO) in the US, providing Human Resource Administration, Employee Benefits, Healthcare Reform (ACA), Payroll Administration and Risk
Horizon Software, a provider of electronic trading solutions and algorithmic technology, is expanding its presence in Poland with the support of Business France Poland.
The decision to collaborate with Business France is strategic, and fits into the wider business goals of Horizon, supporting the growth and development of the company’s global presence. This will allow Horizon’s technology to be deployed on a larger scale, providing sophisticated services to a wider range of clients.
This decision comes after a successful tie-up with Business France Middle East where the agency played a major role in strengthening client relationships and facilitating business
Hedge funds and other institutional investors are monitoring activity by groups of retail investors on social media-style platforms such as Reddit, according to a report in Financial News (FN).
FN quotes Patrick Ghali, Managing Partner at hedge fund consultancy Sussex Partners as saying: “The sudden increase in concerted efforts by a large group of retail investors – driven purely by sentiment and fuelled by online groups – is a new risk that fund managers need to consider and adapt to.
It’s a year since several hedge fund short-sellers got burned by armchair traders buying stock in US video game retailer
GTreasury, a treasury and risk management platform provider, has acquired Hedge Trackers, a provider of accounting, consulting, and software services to protect clients against financial risk.
The acquisition joins Hedge Trackers’ hedge accounting expertise and SaaS solutions with GTreasury’s unparalleled treasury and risk management platform. The combination of the two companies provides customers with best-in-class, integrated risk management technologies while continuing to expand GTreasury’s SaaS ecosystem built for treasury teams and the office of the CFO.
SteelEye, a compliance technology and data analytics firm, has announced a record year of growth. Revenues increased 88 per cent year-on-year in 2021 and the company now has over 120 institutional clients worldwide, with new clients including Oppenheimer Europe Ltd and JonesTrading.
SteelEye – which is headquartered in the UK and has offices in London, New York, Paris, Bengaluru, and Braga – has seen increasing demand for its services as financial firms’ regulatory compliance needs have grown across the globe. In response, the business expanded to the United States last year, backed by USD17 million funding rounds in 2020, and
CryptoUK, the trusted voice of the UK crypto industry, has appointed Teana Baker-Taylor as its new non-executive director (NED).
Baker-Taylor joins CryptoUK having held a number of critical leadership roles in traditional finance and the digital assets industry, working directly with regulators and Capitol Hill policy makers. She is currently the Chief Policy Officer for the Digital Chamber of Commerce, a leading US trade association representing the digital asset and blockchain industry, and leads the Chamber’s Policy and Government Affairs activities.
Formerly at Crypto.com and Binance, Teana was responsible for the UK and European market strategy, operations and business development,