Solutions
CrossTower, a new exchange operator founded by capital markets veterans on a mission to mainstream digital asset investing and trading, has been ranted a license by the Bermuda Monetary Authority (BMA) under the Digital Asset Business Act (DABA). CrossTower has been provided with a “Class M” license, making it one of the first major cryptocurrency exchanges to receive such a permit from the authority.
“Following the success we’ve seen in the United States since our launch earlier this year, we felt it was time to expedite our global expansion, and Bermuda is the perfect place to do so, given its
Technological advances are shaping the way asset management firms operate, as they look for ways to introduce artificial intelligence applications to monetise data, and improve automation from the front to the back office.
eosfinex, a high performance, non-custodial digital asset exchange, and portfolio management solution built on EOSIO technology, has officially launched a beta version of its mainnet, bringing Bitfinex liquidity to the EOS community. Read the full story at Institutional Asset Manager…
ZEDRA has appointed Wim Ritz to the newly created role of global head of funds. Wim will be based at ZEDRA’s offices in Luxembourg.Read the full story at Private Equity Wire…
As the mass affluent investor segment is tipped for growth, wealth managers should ensure they have scalable solutions to manage the potential increase in client numbers which could come with capturing the progress in this area.
The ASEAN region has demonstrated itself as a major area for investment and potential growth. However, much of this growth is still on the horizon and yet to be materialised. For the prospects of the ASEAN region to reach their true potential, the current environment requires cost efficiency, scalability and talent. These are critical factors to creating a supportive ecosystem.
The Monetary Authority of Singapore (MAS) has been proactive and transparent with licensing requirements, compared to other jurisdictions. The Digital Acceleration Grant (DAG) programme incentivises firms to modernise operations, equipping smaller managers with the necessary technology and helping new funds get off the ground. This programme, coupled with geopolitical influences, contributes to Singapore accelerating as a safe-haven for money and financial institutions.
The Alternative Investment Management Association (AIMA), the hedge fund industry trade body, has paired up with ITN Productions to produce a news-style programme which aims to push the case for hedge funds’ role in the economic recovery following the coronavirus crisis.
Due to launch in summer 2021, ‘Holding Strong: Alternative Investments in a Volatile Market’ will explore the role played by alternative assets and hedge fund managers in the global economy and their value to investors and markets, and how they offer allocators a differentiated risk/return profile and provide alternative funding avenues for borrowers.
The programme will also examine how
Trading technology provider TORA has expanded its multi-asset Order & Execution Management System (OEMS) trading platform to support fixed income.
TORA’s OEMS now offers a range of proprietary tools to help traders access bond liquidity and to efficiently execute and manage bond orders across a broad range of sectors. With coverage across government, sovereign, supranationals, agency, investment grade corporate bonds, high yield, emerging markets, covered bonds and municipal bonds the new offering will appeal to global fixed income managers. This adds to existing coverage of fixed income futures, options and ETFs.
Bond trading has become increasingly electronic and secondary
In collaboration with the Oasis Foundation, Berlin-based Fintech Finoa will be providing secure custody for ROSE – the utility token of the soon to launch Oasis Network.In addition to custody, ROSE token holders will also be able to stake their allocations directly from Finoa’s secure infrastructure, providing a unique opportunity for token holders to contribute to the network in a seamless, safe and secure way.
ROSE, the utility token will be used to facilitate transactions on the Oasis Network’s consensus layer, is designed to give users financial sovereignty and control of their data, and is expected to play a
