Solutions
Digital token trading platform Bitfinex has enabled its users to deposit and withdraw Tether tokens (USDt) on the Avalanche transport protocol.
The launch of USDt on Avalanche, a decentralised smart contracts platform built for the scale of global finance, further expands the reach of USDt, the largest stablecoin by market capitalisation.
The Avalanche protocol is designed as a highly scalable ecosystem with the aim of delivering near-instant transaction finality while levying low transaction fees that are fractions of a cent.
“I’m sure our growing user base will appreciate the immediacy of access to Avalanche’s highly scalable and decentralised network,” says
Insig AI, a data science and machine learning solutions company providing ESG solutions to the asset management industry, has now delivered its ESG scoring tools to CarVal Investors (CarVal), a global alternative investment manager, to support its risk scoring methodology.
This follows the Company’s previous announcement “Insig to support CarVal Clean CLO Product Line” released on 23 July 2021.
Insig AI’s ESG solutions supports CarVal’s ESG risk assessment model measuring each asset across six themes:
Climate Change, including carbon emissions and carbon footprint
Natural Capital, including raw material sourcing and water stress
Pollution, including toxic emissions and waste
Human
Alter Domus, a provider of integrated solutions for the alternative investment industry with USD1.3 trillion in global AUA, and Canoe Intelligence (Canoe), a financial technology company redefining data management processes for alternative investors and allocators, have formed a strategic partnership to provide clients with alternative data management solutions that combine best-of-breed automated technology and data accuracy.
Enterprai – an AI-powered SaaS workstation for global macro professionals – has launched a set of products offering global macro portfolio managers, traders, and analysts a new way to stay on top of financial markets.
Off the back of strong demand for its product the Company is now embarking on its next funding round, seeking to raise a further USD10 million of growth capital to invest in tech and talent to further fuel client expansion.
Following 18 months of product research and development, Enterprai has built a proprietary event-driven architecture powering supervised machine learning models. From today, subscribers can scan, analyse,
Hedge fund strategies have lagged stock markets and traditional equity/bond portfolios in recent years, driving down management and performance fees – but firms led by women and minorities are pulling ahead of their industry peers when it comes to returns, new data published by Bloomberg shows.
BSO, a global infrastructure and connectivity provider, has become an approved international network provider for Brazilian stock exchange B3.
B3 (Brasil, Bolsa, Balcão), headquartered in São Paulo is the largest exchange in Latin America and BSO is now the lowest-latency vendor registered with the exchange and connecting international traders to the Latin American hub. By strengthening its Latin American offering and widening access to the region, BSO is providing international traders with faster, more cost-effective access to one of the world’s most promising financial services market.
The connection is bolstered by BSO’s recent introduction of a direct ultra-low latency
Digital asset investment products saw inflows totalling USD174 million last week, marking the 12th consecutive week of inflows, according to the latest Digital Asset Fund Flows Weekly report from Coinshares.
This brings year-to-date inflows to USD8.9 billion, significantly greater than the USD6.7 billion seen in 2020.
Bitcoin inflows in this eight-week bull-run now total USD2.8 billion with year-to-date inflows now at a record USD6.4 billion.
Tron, a digital platform focussed primarily on hosting entertainment applications, has seen inflows totalling USD79 million over the last seven weeks making it the eighth largest by AuM.
Cryptocurrency hedge fund Tyr Capital is tapping into growing investor appetite for digital assets with the launch of a new long-only fund next year, after its main multi-strategy vehicle increased assets and scored double-digit returns this year.
Its main multi-strategy fund, Tyr Capital Arbitrage, is now on track for a 25 per cent gain this year, with a Sharpe ratio above 3.5 since inception for its investors.
Launched in 2019, the strategy – which aims to generate alpha through a diversified set of arbitrage and relative value strategies – has quadrupled its AUM in 2021 thanks to surging investor demand,
After a rocky September and the crypto price crash wiping out hundreds of billions of dollars from the entire market, digital currencies quickly bounced back, driving the global crypto market cap to new record highs.
Credit Suisse will recommend hedge funds and other clients of its prime services business to BNP Paribas as part of a referral agreement between the banks, after the Switzerland-headquartered group unveiled plans to shutter its prime brokerage operations following losses stemming from the collapse of Archegos Capital Management.
