Solutions
By A Paris – Any hedge fund managers who were unsure of the power of technology and the ability to work efficiently using virtual media have most likely been converted over the course of the last year. 2020 was a spectacular proof of concept that remote working and outsourcing can facilitate business processes and support managers in achieving their objectives.
A survey by KPMG and the Alternative Investment Managers Association (AIMA) finds an overwhelming 71 percent of respondents agree the current experience of working remotely convinced them they could achieve better cost efficiencies if they outsource some of their operations.
The move
Glue42, a provider of integrated desktop experiences to financial institutions globally has partnered with Cloud9 Technologies (Cloud9), a specialist in cloud-based communications, to deliver a full suite of voice trading capabilities to the institutional marketplace, providing users remote access to all trading floor connectivity and services.
Read the full story at Institutional Asset Manager…
FlexTrade Systems, a global leader in multi-asset execution and order management systems, has integrated QuantHouse’s QuantFEED Solutions for market data into the FlexONE OEMS.
The newly certified FlexONE integration with QuantHouse is a complete single-source front-end buy-side service offering that provides the “direct to data” connectivity that portfolio managers and traders need to make more informed trading decisions and stay competitive in today’s marketplace.
QuantFEED Solutions deliver high quality market data for 145-plus sources with an unmatched level of performance and quality of normalisation. QuantFEED premium architectures address market data requirements: referential data, EOD, historical data-on-demand, European or National Best
Inflows into digital asset investment products totalled USD233 million last week, the largest inflows since early March, according to the latest CoinShares Digital Assets Fund Flows Report.
While price action last week pushed assets under management to over USD65 billion for the first time.
XRP has been the most popular with weekly inflows of USD33 million, nearly doubling its assets under management to USD83 million.
Ethereum continued to see outsized inflows relative to its market capitalisation of USD65 million. Inflows were also seen in bitcoin cash (USD4 million), polkadot (USD5 million), binance (USD3 million), tezos (USD7 million), and multi-asset (USD6
Nickel Digital Asset Management (Nickel), the fast growing investment manager connecting traditional finance with the digital assets market, has appointed Simeon Tsonev as a Senior Option Trader.
Tsonev joins from BNP Paribas Asset Management, where he was a currencies portfolio manager in its emerging markets fixed income team. Prior to that role, Tsonev worked in FX options trading at Credit Suisse, where he had market making responsibilities for emerging markets currency options.
Tsonev started his career at Merrill Lynch and subsequently worked as an interest rates quantitative trader at DE Shaw & Co. He earned a BA in Economics &
AAAccell, an LPA Group company, has enhanced its suite of AI-based investment risk analysis and portfolio optimisation tools through a partnership with Swisscom, a major Swiss IT provider.
Read the full story at Institutional Asset Manager…
Diginex Limited (EQOS), a digital assets financial services company, has announced record total volumes of over USD1 billion in April month to date, with average daily volumes during the period increasing over three times compared to average daily volumes in the prior month.
Tether tokens (USDt) are now live on Hermez Network, a decentralised zero-knowledge rollup (zk-rollup).
The European Energy Exchange (EEX) will expand its range of products for the Dry Bulk Freight market with the launch of Handysize 7TC Freight Futures which will be available for Trade Registration from today (19 April).
Following a period of strong growth in the charter market, the new Handysize contract will help customers manage their exposure by enabling them to clear Forward Freight Agreement (FFA) trades for the 38,000-dwt Handysize Time Charter basket of routes.
The launch of the new contract follows an 18-month period of sustained growth for EEX’s Dry Bulk Freight business with 2020 marking its most successful
Digital Asset Research (DAR), a leading provider of crypto asset data and research, has released its April 2021 Crypto Exchange Vetting and Asset Vetting results.
Over 400 exchanges were evaluated during the latest vetting process to identify 19 Vetted Exchanges. Two exchanges, Bitso and GMO Coin Co, were added to the Vetted Exchanges list, while Bitfinex was removed from enhanced review status and VCC Exchange was placed on enhanced review. Exchanges that remain on the Vetted Exchanges list include Binance.US; bitbank; bitFlyer; Bitstamp; Bittrex; Coinbase Pro; Coincheck; Gemini; itBit; Kraken; Liquid; LMAX Digital; Luno; OKCoin; and Zaif.
Twelve exchanges are
