Solutions
The hedge fund and alternative investment sectors now have a vital role to play in boosting UK growth and innovation as the country recovers from the economic impact from Covid-19 and readjusts to life outside the EU, the Alternative Investment Management Association and Alternative Credit Council have said.
AIMA, the global hedge fund industry trade body, and its private credit affiliate the ACC, have published a new policy paper setting out how, in practical terms, the industry can support the UK government’s goals in increasing economic growth, boosting productivity and levelling up across the UK.
The policy objectives, which cover
Optiver, a market specialist in S&P derivatives, welcomes CME’s move to make options on its flagship E-mini S&P 500 futures contracts eligible for block trading. Block trading combines the benefits of direct liquidity sourcing with electronic execution to provide end users with the ability to transact during an extended 23-hour trading day. This move will broaden market access for institutional users, boost liquidity and strengthen market structure.
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Marex, a tech-enabled liquidity hub for participants in global commodities and financial markets has selected Genesis to fully digitise middle office workflows for its new equities market making business.
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Hazeltree, a provider of integrated treasury management and portfolio finance solutions for investment managers, has announced the general availability of Hazeltree Debt Manager, an integrated solution to track and manage credit facilities across multiple credit products, lenders and legal entities.
Hazeltree Debt Manager delivers near real-time credit data for decision-making, improves operational efficiencies in utilising credit facilities, and reduces risk of breaching critical covenants.
Hazeltree Debt Manager provides clients with benefits that include:
• Agreement Management – Define and track key credit agreement terms and conditions.
• Covenant and Limit Management – Manage and track credit facilities covenants and limits
SteelEye, a compliance technology and data analytics firm, has launched a new suite of communication compliance solutions to give financial firms of all sizes and risk profiles access to best-in-class record-keeping and oversight tools.
The Covid-19 pandemic has accelerated digitalisation in the financial markets, with increased adoption of cloud-based RegTech solutions. However, restricted by budget and resource, the options available to smaller financial firms have been limited. Many of the incumbent providers have not innovated in line with technological advancements, are still operating legacy platforms, and make it prohibitively difficult and costly for firms to access and use their data.
Bitcoin latinum, the next-generation insured bitcoin fork capable of massive transaction volume, digital asset management, cyber security, and capacity has announced a green initiative to achieve a carbon net-zero footprint, as a commitment to sustainable environmental practices and support of the Crypto Climate Accord.
This will be achieved through a Consensus protocol system for settling transactions. Bitcoin Latinum is also announcing its hard-fork and public trading availability for Q3 2021.
Bitcoin latinum is an enhanced Bitcoin fork. The bitcoin latinum algorithm and infrastructure break barriers and speed limits that have prevented some virtual currencies from achieving practical, real-time use. Bitcoin
Well-known hedge fund bear Russell Clark is questioning how valuable bitcoin is under the stock-to-flow model, a framework traditionally used for precious metals such as gold and platinum, in light of recent sharp price volatility.
CMC Markets Connect, a global provider of institutional trading and technology solutions, has upgraded its tech stack to facilitate faster price construction and increase the range of asset classes available to trade.
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Eventus Systems, Inc, an award-winning global provider of multi-asset class trade surveillance and market risk solutions, has announced that OSL Digital Securities (OSL), Asia’s first and only SFC-licensed, Big-4 audited, and insured digital asset platform for institutions and professional investors, and member of BC Technology Group (stock code: 863 HK), has added Eventus’ transaction monitoring capabilities, growing its deployment beyond OSL’s ongoing use of the Eventus Validus platform for trade surveillance.
OSL started working with Eventus in the fall of 2019, and was the first digital asset platform in the Asia Pacific (APAC) region to use Validus for trade
AquaQ Analytics and Alveo have formed a partnership to provide advanced data management and analytics for the financial services industry.
One specific deliverable of the relationship has been the integration between Alveo’s Prime data mastering and data quality management solution and AquaQ’s kdb+ data capture solution, TorQ. Building on AquaQ’s experience with TorQ and kdb+, Alveo and AquaQ have created bi-directional integration which allows customers to easily take mastered pricing and reference data from Prime into kdb+.
This integration addresses different use cases across the trade lifecycle including independent valuation, trading, liquidity assessment, execution quality monitoring and risk factor preparation.
