Solutions
Fireblocks, a platform for securing digital assets, has expanded support for the crypto derivatives market through a new integration with X-Margin. Together, X-Margin and Fireblocks allow the trading of derivatives on any asset, using any form of collateral while receiving cross-margin benefits across counterparties. As a distributed clearing network, X-Margin eliminates counterparty risk, while Fireblocks secures collateral and automates settlement with it’s leading digital asset security infrastructure.
“The derivatives market has always been attractive for larger investors, but one of the biggest hurdles they needed to overcome has to do with capital efficiency, custody and security,” says Darshan Vaidya, CEO of
AlgoTrader has partnered with Blockfills to provide financial institutions with a secure gateway to global crypto and digital asset liquidity.Blockfills is the first electronic communication network model ECN for crypto and digital assets and is made available within AlgoTrader´s recently launched WIRESWARM platform, a crypto and digital asset order management, execution management and multi-venue connectivlty platform for banks.
Despite the intervention of Covid-19 on global financial markets, the crypto and digital asset markets have shown themselves to be a legitimate asset class with increased market capitalisation, trading volumes and prices. Due to this current challenging market environment, investors have been
SmartStream Technologies has launched a new derivatives component for its Systematic Internaliser (SI) Registry service, to help clients meet the 15 September MiFID II deadline.
SteelEye, a compliance technology and data analytics firm, has appointed Rob Friend as Chief Operating Officer, effective immediately.Friend’s 24 years of international financial services experience will be instrumental in scaling SteelEye’s business operations as it prepares to support increasing global demand for holistic, data-centric compliance solutions.
Since its launch in October 2017, SteelEye has gained more than seventy clients and now has a team of fifty serving clientele across seven countries. As the company plans for expansion into North America and Asia Pacific, and a Series-B fundraise to support further growth, Friend joins to scale SteelEye’s operations – optimising internal
CMC Markets Institutional has integrated its comprehensive, multi-asset Direct API with Centroid Solutions. Read the full story at Institutional Asset Manager…
Truss Edge, an independent middle and back office technology solutions suite for fund managers, has further improved its data management, systems infrastructure and performance capabilities. The improvements come as part of its latest update to its core software.Other improvements have included enhancements to its navigation and transaction reconciliations systems.
The latest core software update is directed at helping client fund managers, including hedge funds, family offices and ETFs, deal with key operational challenges. Truss Edge assists funds and their service providers in automating data management and reporting functions.
Data management capabilities have been enhanced to allow Truss Edge analysts to
Apex Group (Apex) has appointed Julie Ferguson as Co-Head of Throgmorton Compliance Solutions, working alongside previously announced Co-Head Mel Scotland.Ferguson brings an extensive record of accomplishment and experience across all non-investment areas. In addition to her background in the traditional asset management space, including extensive experience managing operational risk within a quantitative investment manager, Ferguson has an excellent understanding of digital assets and the emerging cryptocurrency industry. She has held senior operational and financial roles at firms including commodities trading house VCMT and FCA regulated investment advisory company Ashenden Capital Management. Ferguson began her career in prime brokerage at Morgan
The European Energy Exchange (EEX) intends to enable negative prices on its natural gas spot markets as of 1 October 2020, following a number of key price fluctuations which have taken place in the market over the recent months. Driven by EEX’s committment to always provide its customers with state-of-the-art services and support – as market-based solutions for trading, balancing or pricing – the move will allow the exchange to handle any price scenario that may arise in the future. The activation date has been set in coordination with regulators, infrastructure operators and trading participants to ensure a smooth implementation in
SmartSearch a specialist in anti-money laundering software solutions has been named in the Sunday Times Sage ‘Tech Track 100’ for a second successive year. Read the full story at Institutional Asset Manager…
Sudrania Fund Services (Sudrania) has established an office in Singapore making its end-to-end cloud-based fund administration platform available to clients looking to take advantage of the country’s recently enacted Variable Capital Company (VCC) fund structure legislation. Sudrania also has offices in Hong Kong, India, the USA, and the Cayman Islands.
“The combination of VCC legislation, plus our cloud-based fund admin model, helps accelerate fund launches for sophisticated, early-adopting managers,” says Ravindra Tailor, Director of Org Development (APAC) of Sudrania. “Our strategic goal has always been to help managers stay competitive and focus on generating alpha for their investors, so opening this
