Solutions
UMB Fund Services: Best Administrator – Technology – As managers seek new ways to generate alpha for investors, they look for new and unique opportunities. As a result, funds will look to strong third-party partners who are committed to delivering the comprehensive solutions to support their objectives and the needs of their investors.
“We expect the future to continue to be centred around technologies that allow funds to scale quickly and improve the overall investor experience,” notes Jill Calton, Executive Vice President and Director of Alternative Investments at UMB Fund Services, “Technology demands have increased over the past year, perhaps heightened by
Cowen Outsourced Trading: Best Outsourced Trading Solution Provider – The near immediate global lockdown that resulted because of the Covid-19 pandemic and the shelter-at-home policies that followed has to be the biggest challenge clients have faced this year. The struggles they encountered led to a sharpened need for trading assistance and connectivity.
By A Paris – As the world scrambled to transition to remote working, service providers played a critical role in easing the shift among hedge funds and alternative investment managers. In this, they proved to be of vital support to ensure managers continued to trade and also serve their clients without interruptions.
The winners of this year’s Hedgeweek Awards show they are nimble and can adapt their solutions to managers’ changing needs. In a fast-paced industry where technology demands, sustainable investing considerations and regulatory requirements are constantly on the rise, having access to partners who can alleviate some of that administrative and
Swiss-based algorithmic trading software company AlgoTrader has formed a new partnership with UK-based artificial intelligence-powered trading platform AiX.The new partnership will allow institutions using AlgoTrader to onboard seamlessly with AiX, which will provide immediate, trader-to-trader interaction, removing the need for inter-dealer-brokerage through its intuitive and groundbreaking AI trading platform.
In practice, this means that the institution using AlgoTrader will now request a market quote using the AiX platform through a single FIX connection. This request would immediately be sent to multiple market makers simultaneously, who then respond with a price. The best price quote would be relayed back to the
SC Ventures, the innovation and ventures unit of Standard Chartered, and Northern Trust, a provider of asset servicing, have partnered to launch Zodia Custody, an institutional-grade custody solution for cryptocurrencies.Read the full story at Institutional Asset Manager…
Digital asset financial services company BitGo Prime, has launched new value-added Capital Introduction Services (Cap Intro).Through a series of invitation only, quarterly roundtables, BitGo Prime will bring together the institutional investment community, such as asset managers, family offices, sovereign funds, pension funds, endowments and high-net-worth individuals, with hedge fund managers.
BitGo Holdings (BitGo) has already hosted the first Cap Intro Roundtable in the series, with Mike Belshe, CEO, BitGo and Nick Carmi, CEO, BitGo Prime speaking on Investing in Crypto… the Future of Cryptocurrency Hedge Funds.
Presenting managers included:
Dan Morehead, CEO and Co-Chief Investment Officer, Pantera Capital
Delfos Machado
Challenger data provider, Exchange Data International (EDI), has written to the CFTC, the heads of the relevant Committees of the US House of Representatives, and the US Senate – which oversee the CFTC – requesting they investigate the CME Group’s (CME) plans to charge for what has always been a no-fee service. Legal advice taken by EDI views the CME’s new fee policies as illegal, anti-competitive, and extremely disruptive. If the CME is allowed to proceed with its actions, the practical impact will be devastating for redistributors of the data, especially the small and mid-sized vendors.
The new fees for
Global telecoms operator BSO has delivered a unique ultra low latency connectivity service for CryptoStruct. This bespoke cloud-to-cloud service underpins CryptoStruct’s professional market data platform.Based in Hamburg, CryptoStruct centralises and normalises crypto market data from multiple exchanges. This unrivalled insight enables professional and institutional traders to react to market trends in real time, conduct historical analysis, and trade faster and safer.
Thomas Schmeling, Chief Executive Officer at CryptoStruct, says: “We engaged BSO because of its global reach, reputation for ultra-low latency connectivity, and experience in highly regulated financial markets. These qualities have proven true; however, it is the company’s
OptionMetrics, an options database and analytics provider for international institutional investors and academic researchers, has launched a new version of its IvyDB Asia database. IvyDB Asia 2.0, which includes historical data for option markets in Hong Kong, Japan, Taiwan, Korea, and Australia, continues OptionMetrics’ tradition of offering the industry the most accurate, highest quality options data.
IvyDB Asia 2.0 – covering more than 600 optionable securities (equities and indices) from all major Asian-Pacific exchanges, starting from January 2004 – includes daily option pricing information, dividend projections, and historical distributions and corporate actions, such as splits and mergers. Updates in IvyDB Asia
This is the final part in a series of four articles from the Waystone Client Solutions Team, bringing you a unique perspective on the challenges and opportunities presented by the shifting European regulatory landscape. Last week, David Morrissey offered his unique personal perspective on the evolution of the third party management company sector. This week, James Woodbridge, Associate Director in the firm’s Cayman office, and part of the Fund Governance Team, provides an update us on the history of SPACs, how they have evolved over the years, and their positioning for the future.
