Solutions
MJ Hudson, the specialist service provider to the asset management industry, has acquired risk management and reporting automation specialist, Clarus Risk (Clarus).
This acquisition follows the December 2020 acquisition of fund performance analytics firm, PERACS. The acquisition further extends the data & analytics services provided by MJ Hudson to its clients.
Clarus operates chiefly in the RegTech area of the FinTech sector and was named to the RegTech100 in September of last year. The current AUM of products on its platform totals cGBP10 billion.
Founded in 2011, the team is led by Max Hilton, a quant finance expert and former
Accountancy firm Moore Cayman, which specialises in providing audit services to investment funds and the digital asset industry including nearly 200 cryptocurrency-focused funds, has launched the first verification service for its audit clients through a public blockchain.
The service allows recipients of audited financial statements to independently verify they are valid original copies signed by Moore Cayman via a decentralised blockchain application.
Sixteen of Moore Cayman’s clients have already signed up for the complementary service, including BR CAPITAL, Gluwa Capital, Lantern Ventures, Lima Capital LLC, Nalu Capital, Satoshi Holdings and Warp Capital which manage digital asset funds.
As
Crypto Asset Rating Inc (CAR), a US-based Fintech company, has launched the Advanced Rating Platform for rating crypto assets.
CAR has constructed a proprietary advanced rating system to bring transparency, auditability, and astringent rating governance structure. The comprehensive rating framework is comprised of 125 rating parameters which are grouped into 15 categories.
The advanced rating platform will help investors understand the long-term viability, credibility, and risk associated with crypto assets and objective analysis of the company issuing the asset.
“We are thrilled and delighted with our Advance Rating Platform going live,” says Pramod Attarde, Founder and Chief Executive Officer of
Digital Assets AG, a Swiss-based firm focusing on the design, structure, and issuance of tokenised financial instruments, is to bring its tokenised stock infrastructure to the Solana blockchain. Additionally, it will launch the first free-floating security tokens allowing the risk-free, compliant transfer of tokenised stocks exclusively on FTX during its initial debut.
“The move from operating on a private blockchain to operating on Solana will offer a much more efficient, and cost-effective environment for the trading and utilisation of tokenised stocks,” says Brandon Williams, Corporate Development Lead at Digital Assets AG. “We envision the entirety of traditional finance and
Diginex Limited, which recently rebranded as EQONEX Group, has announced that total spot and derivative trading volumes on EQONEX, its cryptocurrency exchange, exceeded USD5 billion over the past 30 days.
Volumes in June have continued their recent strong upward trajectory, with average daily volumes in June month-to-date of USD190 million, representing an increase of 206 per cent and 80 per cent from April and May this year, respectively. Compared to the first quarter of 2021 and prior to the launch of its native exchange token EQO, volumes in June month-to-date are up over 12 times.
The EQONEX exchange has transitioned
CME Group has made market data and order entry functionality for FX Link available on the Bloomberg Terminal to enable market participants to electronically access pricing, liquidity and trading for FX swaps in G5 currency pairs.
Read the full story at Institutional Asset Manager…
FXSpotStream (FSS) has added functionality to support FX algos and allocations over its API and expects to have its first clients live in early Q3.
FSS clients will have access to over 70 different algos and 200-plus parameters offered by the FSS Liquidity Providers (LPs). FX allocations allows clients, on a pre- and/or post-trade basis, to send and allocate orders from multiple accounts at the same time. Work to support FX algos and allocations over the GUI is underway, and this is expected to be live in Q1.
Alan F Schwarz, FXSpotStream Co-founder and CEO, says: “We are extremely excited
Exchange Data International (EDI), a provider of global security corporate actions, pricing, and reference data services, has launched a new Foreign Ownership Limitations (FOL) service.
Read the full story at Institutional Asset Manager…
Prosek Partners, a global financial marketing communications and special situations firm, has acquired a stake in Blue Dot Capital, a boutique sustainable finance consulting firm with expertise and experience in advising investment-management firms on developing comprehensive Environmental, Social and Governance (ESG) and impact investing capabilities.
Australia-based hedge fund manager, VGI Partners Limited (VGI) has selected Hazeltree’s cash and treasury management solution.
Hazeltree, a provider of integrated treasury management and portfolio finance solutions for investment managers, further enhances VGI’s treasury processes by reducing its operational costs, improving margins through optimisation of liquidity, reducing its operational risks and supporting its continued growth with improved scaling.
Hazeltree provides a comprehensive treasury and portfolio finance cloud-based solution to investment managers globally. Enhancing VGI’s cash and treasury function requires the domain expertise, experience, and technology that Hazeltree delivers.
VGI selected Hazeltree to enable centralised aggregation and monitoring of cash balances
