Solutions
SEI has acquired Finomial, an investor lifecycle management firm offering cloud-native financial technology. The technology is expected to be added to SEI’s existing investor-focused platforms to further enhance automation and digitisation capabilities, as well as reporting and transparency.
Align, a global provider of technology infrastructure solutions and Managed IT Services, has been voted as “Best Cybersecurity Provider” in the Hedgeweek US Awards 2021.
This recognition is based on an online peer-review survey in which investors, hedge fund managers and service providers are invited to nominate a “best-in-class” in a variety of categories.
Over the past 18 months, Align Managed Services and its dedicated Cybersecurity Advisory team have ensured that their clients were able to operate their firms seamlessly and securely while addressing the compliance, operational and security challenges associated with the pandemic and subsequent industry shifts.
“To meet
Bitcoin Latinum (LTNM), the next generation, insured, asset-backed cryptocurrency, has officially listed on the DigiFinex exchange, opening over 200 per cent in its first hour of trading. Bitcoin Latinum congratulates DigiFinex on a successful launch, and everyone who has supported the project.
Monsoon Blockchain, Bitcoin Latinum’s developer, plans for Bitcoin Latinum to officially list on seven top-tier public exchanges, under the ticker LTNM. In addition to DigiFinex, the exchanges are: HitBTC (the fifth largest exchange by volume at USD4 billion), FMFW (formerly Bitcoin.com and operating with USD3.3 billion in daily trading volume), Changelly (USD2.71 billion in daily volume), Changelly Pro,
Digital asset investment products saw inflows last week totalling USD1.47 billion, the largest on record by a significant margin, according to the latest Weekly Digital Asset Flows report from CoinShares.
During the week total assets under management reached a new record of USD79.2 billion but closed week-end at USD76.7 billion.
The record inflows were a direct result of the US Securities & Exchange Commission allowing a Bitcoin ETF investing in futures and the consequent listing of two Bitcoin investment products with inflows totalling USD1.24 billion.
Other altcoins saw inflows with the most notable being Solana, Cardano and Binance.
SS&C Technologies Holdings, Inc (Nasdaq: SSNC) has been chosen by Gordian Capital, an Asian institutional fund management platform, with AUM of USD7 billion, to expand its relationship with SS&C Technologies Holdings in Singapore and Japan.
BTIG’s Prime Brokerage division has been named the Best Prime Broker for Start-Up and Emerging Managers by Hedgeweek’s Americas Awards 2021.
Now in its tenth year, the annual Hedgeweek Americas Awards “recognise excellence among hedge fund managers and service providers in the Americas across a wide range of categories.”
According to Hedgeweek, 41,227 votes were cast in the process to select firms of which 44 per cent were submitted by fund managers, 20 per cent by investors and 36 per cent by service providers. BTIG’s award was announced at Hedgeweek’s awards ceremony on Thursday, 21 October, 2021.
“Our Prime Brokerage
Macquarie’s Commodities and Global Markets Group (Macquarie) and UK fund manager, Protean Capital LLP (Protean) have executed the first Quantitative Investment Strategy (QIS) index, that uses signals based on a reinforcement learning (RL) model to inform systematic FX volatility carry trading strategies.
Through its unique market position, Macquarie provides access to a range of specialised investment products, hedging and tailored financing solutions. Macquarie’s Quantitative Investment Strategies (QIS) team tailors systematic products, providing access to commodity, equity, FX and fixed income exposures.
Macquarie leveraged its pioneering technology platform, incorporating state-of-the-art machine learning models, to develop a RL algorithm. The algorithm sizes
ComplySci, a provider of regulatory technology and compliance solutions for the financial services sector, has launched an M&A growth strategy with the acquisition of National Regulatory Services (NRS), an provider of compliance consulting services and technology solutions for investment advisers, broker-dealers, hedge funds, private equity firms, insurers and other financial services firms.
The transaction further strengthens and expands ComplySci’s ability to support its financial services clients’ compliance needs by combining its technology, which automates and streamlines mission-critical employee compliance functions, with NRS’ longtime, hands-on expertise in helping clients navigate the ever-changing industry regulatory environment.
Moving forward, NRS – which
Macquarie Asset Management (MAM), the asset management division of Macquarie Group, has agreed to acquire New York-based Central Park Group (CPG), an independent investment advisory firm delivering private client access to institutional hedge fund, private equity, real estate and funds-of-funds.
The agreement underscores MAM’s commitment to offering individual investors a diversified platform of institutional-quality alternative investments managed by Macquarie and other leading sponsors.
With more than USD3.5 billion in assets under management, Central Park Group is a pioneer in providing financial advisors and their clients access to top alternative investment talent in structures specifically designed to meet the needs
Genesis, the low-code/no-code platform built for financial markets, has launched a beta version of Genesis Studio, a full-stack no-code builder tool, along with the Genesis Academy pilot education programme, as part of its newest platform updates.
Genesis Studio is a full-stack no-code development environment for building real-time applications for financial markets. It allows users to design their data model and user interface in a single tool, simplifying the creation of event-driven applications that require high performance and resilience. More on Genesis Studio:
Genesis Studio integrates directly with source control technologies such as Git, enabling a seamless development experience between no
