Solutions
The Alternative Investment Management Association (AIMA) and ITN Productions are collaborating to raise awareness of alternative investments and the latest sector innovations that are benefitting investors, markets, and supporting the global economic recovery.
INDOS Financial (Ireland) Depositary Limited, a JTC Group company, has received regulatory approval from the Central Bank of Ireland to provide depositary services to private equity, real estate and other alternative investment funds under Regulation 22(3)(b) of Ireland’s AIFM Regulations.
The approval builds upon INDOS’ alternative investment fund depositary offering in the UK providing full depositary and depositary-lite services to 75 managers, 150 funds and USD38 billion of hedge, private equity, real estate and infrastructure funds.
Bill Prew, CEO of the INDOS Financial Group, says: “We are delighted to have obtained a specialised depositary licence in Ireland. We established operations
Exberry, an exchange technology pioneer, is providing its “Marketplace as a Service” technology at the heart of ProMEX, the digital marketplace for physical commodities.
The new technology partnership will enable ProMEX to create new products and markets at speed, and securely offer trading in a wide variety of commodities in new ways.
ProMEX delivers an end to end digital experience in physical commodity trading. The platform provides direct, real-time trading without intermediaries or clearing houses and eliminates settlement risk for its users. This shortened settlement cycle also reduces counterparty risk. Exberry’s matching engine is central to this process.
The
Satuit Technologies by Tier1 Financial Solutions (Tier1), a global specialist in CRM, AML compliance and fraud prevention solutions, has partnered with Versoft Consulting to bring enhanced integration to the Satuit product suite and portfolio accounting solutions.
ComplySci, a provider of regulatory technology and compliance solutions for the financial services sector, has added two new members to its Board of Directors – David Eisner, a former senior US Treasury official, past ComplySci executive chairman, successful technology investor and executive, and Sari Granat, Executive Vice President, Chief Administrative Officer and General Counsel for IHS Markit, a publicly traded provider of market intelligence, analytics and technology.
Eisner and Granat bring added experience, expertise, and leadership to the board, which in August added Smarsh Chairman and Founder Stephen Marsh and FMG Suite Chief Marketing and Experience Officer Susan Theder following
Digital asset investment products saw inflows totalling USD226 million, bringing the current eight-week run of inflows to USD638 million, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
Bitcoin saw inflows totalling USD225 million, comprising a significant majority of the total. CoinShares believes the turnaround in sentiment towards bitcoin is due to constructive statements from SEC chair Gary Gensler, potentially allowing a bitcoin ETF in the US.
Ether saw minor outflows totalling USD14 million and continues to lose market share to bitcoin, having fallen 1 per cent to 24 per cent of AuM over the last week
Exabel, a data and analytics platform for investment teams, is partnering with LinkUp to deliver a new insights platform for LinkUp’s investment clients.
The LinkUp Data Insights Platform will give portfolio managers additional insights based on LinkUp’s job listings data. The platform delivers user-friendly dashboards, visualisations and KPI monitoring capabilities. This assists investors in idea generation by spotting trend shifts in LinkUp’s jobs data.
Partnering with Exabel gives alternative data vendors an extra presentation and monitoring layer that investors value, utilising Exabel’s unique Al analytics, financial modelling and data science platform. The LinkUp Data Insights Platform forms part of
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, has announced that the community leveraging DTCC’s Central Trade Manager (CTM) service for US domestic trade matching has grown to over 1,800 firms, as organisations further consolidate global post-trade flows on a single platform.
With this adoption, 99 per cent of US trade flow volumes on the legacy DTCC OASYS service have migrated or are in the process of migrating to CTM.
CTM, DTCC’s platform for the central matching of cross-border and domestic transactions, automates the trade confirmation process across multiple
The development of molnupiravir, a “potent” oral anti-viral Covid-19 treatment, could help boost flagging consumer stocks reliant on the global economic reopening, as healthcare-focused hedge funds look to rebound following recent losses.
UMB Fund Services (UMBFS), a subsidiary of UMB Financial Corporation UMBF), has launched an automated optical character recognition (OCR) processing programme.
The technology enables faster, more accurate processing of handwritten subscription and tender documents by replacing manual reviews with OCR software and bot technology, turning what previously amounted to hundreds of hours of manual processing into a 24-hour automated service.
The programme creates a standard process for all client documents, whether received in paper, email, fax or data files, allowing UMBFS to handle high volume, short period spikes for tenders or product closings – a critical solution that has historically
