Solutions
The Citco group of companies (Citco) has enhanced its Citco Data Services platform to enable clients to receive data directly via their own cloud provider.
The cloud delivery feature removes a number of steps for clients wishing to access their data, speeding up the process significantly for users and putting them in control of their data.
The upgrade means users of Citco Data Services – the group’s premium, web-based data integration and reporting platform – will now receive their data when and how they want via their own cloud providers.
The enhancement is destination agnostic for clients using Citco Data
Fintech-enabled fund manager TradeFlow Capital Management (TradeFlow), part of the Supply@Me Group (LON:SYME), and Baltic Exchange, a provider of global freight market information and other maritime services, have successfully completed a pilot escrow transaction as part of a commodity trade executed through TradeFlow.
The transaction, which involves a shipment of agri-commodities from India to China, heralds a new age in the fast and secure digital exchange of ownership of physical commodities and payment. The service will initially focus on the underserved segment of small and medium-sized enterprises (SMEs) operating in the bulk commodity markets.
This successful test case paves the
Symbridge Holdings, a digital asset exchange built specifically for future-minded traders, has secured a USD9 million strategic investment from newcomer investor Traxys North America (Traxys), a physical commodity trader and merchant in the metals sector.
One of the world’s biggest commodity traders, Traxys, is diversifying into new trading markets with its investment in Symbridge. The partnership will also support Symbridge in meeting increasing investor demand for digital representation of physical commodities.
Accelex and SimCorp have formed a partnership that combines technology solutions to benefit alternative investors globally.
VERMEG, a software house providing Banking, Capital Markets, Insurance and Digital solutions, and Cassini Systems, a provider of pre- and post-trade margin and collateral analytics for derivatives markets, have partnered to assist financial institutions in complying with Initial Margin (IM) requirements for uncleared over-the-counter (OTC) derivatives, exchange-traded derivatives (futures and options) and prime brokerage.
VERMEG has integrated Cassini’s margin analytics platform into its COLLINE collateral suite, giving its clients a powerful new tool for achieving cost efficiencies and helping to meet requirements of the Uncleared Margin Rules (UMR).
As margin requirements have continued to increase across different business lines
Trading Technologies International (TT), a provider of professional trading software, infrastructure and data solutions to proprietary traders, brokers, money managers, CTAs, hedge funds, commercial hedgers and risk managers, has invested USD6.35 million in KRM22, a technology and software investment company focused on risk management for capital markets.
This is the first investment TT has made since its acquisition by 7RIDGE in late December.
In addition, TT has entered into a distribution agreement to market and distribute KRM22 risk management products. The products will leverage TT’s Software-as-a-Service (SaaS) platform ecosystem and significantly expand the firm’s risk management offering. The initial
Franklin Resources, a global investment management organization operating as Franklin Templeton, has completed its acquisition of quantitative asset management firm O’Shaughnessy Asset Management (OSAM).
SW Capital, a USD50 million AUM Germany-based hedge fund, has seeded its decentralised spin-off SW DAO with USD750,000 in capital for its tokenised investment portfolios.
Some USD500,000 of capital has been deployed into SW DAO’s tokenised Yield Farming fund, SW Yield Fund (SWYF), while an additional USD250,000 of capital has also been deployed into SW DAOs flagship product the SW Alpha Portfolio (SWAP).
Both these products are tokenised variants of SW DAO’s public investment strategies which have shown alpha-generating results since their launch in mid-2020.
All profits generated from these SW Capital investments will be provided directly to the SW
Digital asset investment products saw inflows totalling USD9.3 billion in 2021, a 36 per cent increase from the USD6.8 billion seen in 2020, according to the data release bu CoinShares.
While the increase from 2019 to 2020 was significantly higher at 806 per cent, CoinShares says this represents a maturing industry, with total assets under management (AuM) ending the year at USD62.5 billion.
The total number of coins in investment product form has expanded from nine to 15, with 37 investment products launched in 2021 versus 24 in 2020 bringing the overall total to 132, a sign of the growing demand and popularity of digital assets, according to CoinShares.
Pico, a provider of technology, data and analytic services for the financial markets community, has acquired Redline Trading Solutions (Redline), a provider of high performance trading and market data software solutions.
The addition of Redline’s multi-asset software solutions will provide access to a common API for global markets, both real-time and historical, delivered via Pico’s global network. The combined offering reduces complexity by allowing trading firms to optimise market access and coverage and trading stack performance in a seamless manner.
Redline provides ultra-low latency software solutions and common APIs to over 180 global venues serving a marquee client roster that
