Solutions
JP Morgan’s Quorum platform, an enterprise-variant of the Ethereum blockchain, has been acquired by blockchain software company ConsenSys.
BNY Mellon’s has enhanced access to alt investments including private equity by integrating its Pershing platform with CAIS and iCapital Network.
Read the full story at Wealth Adviser…
HC Global Funds Services (HC Global), a provider of fund administration services to seed fund, accelerator fund, venture, and private equity funds as well as special purpose vehicles, has formed a strategic partnership with AST Private Company Solutions (AST PCS).
Read the full story at Private Equity Wire…
Institutional investors expect further rises in the valuation of the bitcoin by the end of 2020, according to new research carried out by cryptoasset insurance company Evertas.Read the full story at Institutional Asset Manager…
Moonstake, a blockchain company focused on staking technologies, has launched staking support for Cardano’s cryptocurrency ADA, one of top 10 cryptocurrencies by market cap, in Moonstake’s Web Wallet. After Cosmos, IRISnet, Ontology, Harmony and Tezos, Cardano became the sixth available coin on Moonstake Web Wallet.
On 29 July, the Cardano development team launched the long-awaited Shelley Mainnet. Shelley brings about opportunities for users to stake their ADA and help Cardano transition from a centralised, federated system to a fully decentralised system, with delegated staking features & rewards incentives. Shelley is the most significant upgrade by Cardano since its inception, bringing about
Firms can have a belts and braces approach to the security of the systems and tools they deploy, but staff training and communication can make or break their chances of success.
“We recommend overhauling policies and procedures, and implementing these via training which happens at induction and regular points thereafter,” advises George Ralph, managing director at RFA.
Cybersecurity has become a board level concern and many clients now prioritise it in their risk register. With SMCR reigniting its importance and responsibility, cybersecurity now also features heavily as a standard element in every ODD exercise. Essentially, if the investors are asking about
Artificial intelligence is enabling organisations to be more proactive in their approach to cyber threats. Work environments with greater levels of remote access could be deemed more vulnerable, but the element of automation in identifying and remediating potentially malicious behaviour provides a superior measure of security.
A key development in the realm of cybersecurity has been the creation of end-point detection and response or EDR.
John-Thomas Gaietto, executive director of Cybersecurity Services at Richey May & Co discusses this progress and the benefits it brings firms: “The general basis of the tool is that, unlike traditional malware software that requires
By A Paris – Hedge funds and alternative asset managers are responsible for over USD3 trillion in assets under management – many bright shiny diamonds for cyber criminals to pursue. Increased levels of remote access propelled by the Covid-19 pandemic are making these organisations even riper targets. So, in this environment, the cost of inaction or complacency around cybersecurity continues to mount.
According to IBM Security, the average cost of a breach within financial services is of USD5.85 million – this is well above the overall average of USD3.86 million per breach across all industries reviewed. Although the crisis has put many
OSL has secured approval-in-principle for Type 1 and Type 7 licenses from the Hong Kong Securities and Futures Commission (SFC) for automated virtual asset trading and brokerage.Read the full story at Institutional Asset Manager…
The first automated crypto asset transaction, compliant with the Anti-Money Laundering Ordinance of the Swiss Financial Market Supervisory Authority FINMA, has been completed using Zug-based start-up 21 Analytics’ software.Read the full story at Institutional Asset Manager…
