Solutions
The coronavirus pandemic has brought about a sea change in hedge funds’ cybersecurity concerns, with the remote working environment pushing firms to re-evaluate how they safeguard and secure data and privacy in the cloud amid a rise in phishing attacks.
Sterling Trading Tech (STT), a specialist in technology solutions for real-time risk management and margin solutions for equities, equity options, futures, and options on futures, is to expand its cloud-based risk and margin system to include global markets in Q4 of this year.
Read the full story at Institutional Asset Manager…
Exegy Incorporated, a specialist in low-latency solutions for global market data, predictive trading signals, and hardware-acceleration technology, and Vela Trading Systems (Vela), a provider of data and execution technology for global multi-asset electronic trading, have merged business operations in an agreement backed by Marlin Equity Partners, a global investment firm with over USD7.5 billion of capital commitments under management.
Operating as Exegy Incorporated, the combined company creates a new provider of premier data and execution platforms, managed services for electronic trading powered by proprietary hardware-acceleration, Artificial Intelligence (AI), and service automation technologies.
“Exegy’s combination with Vela represents an exciting
This year’s hedgeweekLIVE Technology Summit concluded with deep-level discussions of how hedge fund managers running a range of strategies are grappling with the rapid pace of change in data science and how the “explosion” in data volume can be managed more effectively.
Private capital platform iSTOX is rebranding as ADDX as it enters a phase of fast-paced growth. The digital securities exchange will facilitate more issuance deals – at least 20 this year, more than double the number of deals completed in 2020.
Read the full story at Private Equity Wire…
Transcend, a provider of inventory, funding and liquidity management and optimisation solutions, has expanded its solution suite with the launch of CCP Central, a platform to connect and automate margin and collateral management activities across a global network of Central Clearing Counterparties (CCPs).
Read the full story at Institutional Asset Manager…
The increased frequency of client communications during the pandemic has been a “game-changer” for the hedge fund manager-allocator dynamic, according to speakers on the fundraising and investor relations panel at this year’s hedgeweekLIVE Technology Summit.
This year’s hedgeweekLIVE Technology Summit opened with an in-depth examination of future trends in hedge fund technology, with panellists exploring how managers are ramping up their use of natural language processing, AI and machine learning tools, and improving efficiency as data consumption grows and skillsets evolve.
The session heard how, historically, quantitative hedge fund models were built around market data, structural data and numerical data. But now an “enormous” new field of text data is available to be mined and to potentially find sources of investment decision-making guidance.
“This is a major evolution; a tectonic shift in terms of the
DeFi traders on PlasmaSwap can now trade digital assets as if they were using a conventional exchange, setting the precise entry and exit points to buy or sell tokens at their preferred price.
Read the full story at Institutional Asset Manager…
Horizon Software (Horizon), a provider of electronic trading solutions and algorithmic technology, has launched a new product, the Composite Spreader, which automates the execution of multi-leg spreads with a complete set of trading parameters and advanced safety features.
Horizon had noticed there is a high demand for spreading tools, but existing systems lacked the security and ease of use the market was after. As such, Horizon decided to leverage its expertise in high frequency algorithmic trading to develop a purpose-built feature for its clients as part of its broader OMS roadmap.
The technology is now live and Horizon’s Composite
