Solutions
BCB Group has launched BLINC, one of the first real-time payments networks of its kind to allow free, real-time transactions across fiat and digital currencies. The world’s oldest active cryptocurrency exchange Bitstamp is set to become the first exchange to enable transactions on BLINC, the BCB Liquidity Interchange Network Consortium. This development builds upon accelerating client demand for BCB Group’s platform over the year to end June 2020, with average monthly payment volume growth of 24 per cent.
The network aims to transform traditional payments infrastructure by providing a unified architecture capable of handling instant domestic and international fiat transactions, crypto
Sudrania Fund Services Corp (Sudrania) added 52 new clients to its platform in the first six months of 2020, including hedge funds, CTAs, and crypto funds. Nilesh Sudrania, Founder & CEO of Sudrania, says: “Knowing that fund managers want to move away from legacy software platforms validates our vision for a seamless, cloud-based fund administration model. Being first to market in 2016, it is gratifying that 200+ clients value our end-to-end, asset-agnostic solution coupled with a high-touch service experience, which is delivered by a seasoned team with deep fund industry experience.
“Our focus has consistently been on providing holistic infrastructure that
The DSB is inviting applicants to participate in the next term of the Technology Advisory Committee (TAC) which starts in October 2020, with an application deadline of Friday, 4 September.Read the full story at Institutional Asset Manager…
Tether Gold (XAUâ‚®), a digital asset providing ownership of physical gold (XAU) custodied in Switzerland, has witnessed increasing demand as the price of gold surpasses USD1,900 a troy ounce amid increasing geopolitical tensions.
Blockchain platform Telos has increased its staking rewards and funding for development. Stakeholders voted to approve these measures as part of the Telos Economic Development Plan 2.0, supporting core developers and the network’s increased adoption.
Real time data from SIX’s catalogue, which includes 1,800-plus global exchanges and trading venues, is now available via the Xignite Enterprise Microservices offering.
Read the full story at Institutional Asset Manager…
Cassini Systems, a provider of pre- and post-trade margin and collateral analytics for derivatives markets, and business information provider IHS Markit, are partnering to automate the calculation of margin estimates within thinkFolio.
The collaboration will, for the first time, provide advanced pre-trade analytics for over-the-counter (OTC) and exchange-traded derivatives directly within thinkFolio from IHS Markit, the leading multi-asset class investment management platform.
Global regulatory updates such as EMIR and Dodd-Frank have resulted in a meaningful shift for front-office operations at investment management firms. They, along with Uncleared Margin Rules (UMR), call for investment firms to post Initial Margin (IM)
Danel Capital, an AI-driven analytics company, has partnered with Crux Informatics (Crux) to offer the Danel AI Score S&P 500 predictive stock scoring dataset to customers around the world. It will be available via Crux’s cloud-based data delivery platform, which connects financial companies with leading data suppliers.
Danel Capital is an AI company that uses machine learning and big data to produce predictive datasets, with the goal of helping improve the stock selection process in the asset management industry. These datasets can enable asset managers to access predictive scores for every stock of the S&P 500 index, rating the probability of
Hedge fund redemptions continued to decline from their Covid-19 pandemic-fuelled peak of USD85.6 billion in March. Net redemptions in May were USD8.0 billion, 0.3 per cent of industry assets, according to the Barclay Fund Flow Indicator published by BarclayHedge, a division of Backstop Solutions.In spite of the redemptions, the hedge fund industry continued to grow. Assets under management rose to USD3.04 trillion, up from USD2.99 trillion a month earlier based on trading profits of USD49.9 billion in May.
Data from 7,000 funds (excluding CTAs) in the BarclayHedge database showed funds in the US and its offshore islands again shaping the
Blockchain platform Telos has integrated with EvolutionDex, a protocol that allows anyone to create and launch their own trading pairs on decentralised exchanges. Traders will also be able to realise additional gains through increased trading fees that are acquired through the liquidity of these token pools.
EvolutionDex is an open-source and free protocol created by the EOS Argentina team that allows any developer to integrate it into a front end, allowing for different decentralised exchanges to share the same liquidity. The private keys of smart contracts are held by the top 21 block producers of the Telos blockchain, allowing no third-party
