Solutions
By McAllister (Mac) Kirschner, Chief Operating Officer, MUFG Investor Services – As alternative asset managers scale and diversify to achieve new growth, operational complexity often moves faster than in-house teams can keep up. Talent gaps, increasing costs, outdated legacy systems, and fragmented processes will hinder an asset manager’s ability to raise capital and introduce new products to improve returns for investors.Â
Transaction Network Services has significantly expanded its market data and connectivity footprint by adding direct access to six key equities and derivatives exchanges across Latin America, amid rising demand for streamlined access to emerging markets.
ExtractAlpha, a provider of alpha-generating datasets for institutional investors, has launched Toyo Keizai Japanese Data, a proprietary offering built on over two decades of independent equity research from Japanese financial publisher, Toyo Keizai.
EquiLend has expanded its capabilities in securities finance with the acquisition of Trading Apps, a front-office technology provider known for its automation tools and modular trading solutions used by many of the world’s leading securities finance desks.
McKay Brothers International has expanded its Raw Feeds distribution in the London Metro area, further strengthening its position as a leader in ultra-low latency market data services for institutional traders.
Equity Data Science (EDS) has unveiled Fusion, a new generative AI-powered platform aimed at transforming and streamlining how institutional investors manage data and decision-making across the investment lifecycle.
By Arnab Banerjee PhD, and Robert D Stock PhD, Axioma Analytics Solutions, SimCorp – A critical assumption in typical equity factor risk models is that the specific returns – the parts left over after fitting to a linear factor model – are uncorrelated, resulting in a diagonal specific covariance matrix. But this is not strictly true, and there is value in understanding the systematic structure hiding in specific returns.  Â
A record-breaking year for prime brokerage revenues, forecast to exceed $30.8bn in 2025, is sparking a push by European banks to claim a bigger share of the booming market – despite recent high-profile blowups and rising regulatory scrutiny, according to a report by Bloomberg.
US brokerage firm Clear Street is ramping up its UK operations with a major push into outsourced trading and synthetic prime brokerage, targeting a growing pool of under-serviced hedge funds and asset managers, according to a report by Financial News.
Transaction Network Services (TNS) has added market data connectivity to Bruce ATS, a new overnight trading venue operated by Bruce Markets LLC, to expand TNS’ 24×5 US equities trading capabilities and underscore its commitment to emerging exchange venues.
