Solutions
McKay Brothers International (MBI) has expanded its lowest known latency private bandwidth services to Busan with hybrid microwave/fibre private services between Illinois and Busan as well as between Tokyo and Busan. Both services are offered at the lowest known latency.Tad Beckelman, McKay’s Director of Asia, says: “Korean financial markets have always been supported by strong group of local traders. The more recent growth in interest from international firms has only added to its importance as a global financial marketplace. Access to the lowest latency telecom is critical for market participants.”
Francois Tyc, MBI Managing Director, says: “A founding principle of
Apex Group is now delivering corporate services locally to clients in the UAE.Read the full story at Private Equity Wire…
OQ Fund Management has deployed TORA’s OEMS software & functionality. The global trading platform for hedge funds & asset managers is known for its multi-asset, multi-region & unrivalled interoperability with other systems.
IHS Markit, a specialist in critical information, analytics and solutions, has launched its Data Lake, which comprises over 1,000 datasets in a single catalogued platform.
Glue42, a provider of integrated desktop solutions to financial institutions globally, and LodeStar Ecosystems, a fintech startup behind LodeBot, an AI-powered, personal digital assistant for brokers, traders and asset managers, have established a formal partnership to further improve the productivity and workflow for buy and sell side teams. The partnership helps sales and trading teams integrate their clients’ enterprise data sets across all applications on the financial desktop and apply real-time business intelligence to identify actionable opportunities.
“Information overload is just the start of the problem,” says Alan Clark, CEO, LodeStar Ecosystems. “We’re dealing with a broken knowledge chain. Market professionals struggle to
Red Swan Risk is enhancing its multi-asset class portfolio risk management solution, RiskON, through Asset Control’s managed service offering, PaSSPort, to provide a ‘seamless data experience’ to its clients. The collaboration between the two companies will provide asset managers with a managed service which delivers a high-quality, data mastering, data analytics and model risk solution.
Hedge funds, pension funds, funds of funds, asset managers and banks need to manage model risk with increasingly more control and transparency. This has to be done across data inputs, model configuration, statistics, stress scenarios, reporting and analysis. Front office risk management, as well as back
IOWArocks has added Marex Spectron into its rapidly expanding community of content creators and content consumers. Marex Spectron is a commodity broker, providing its global client base with an unrivalled breadth of coverage in metals, energy, and agricultural markets.
Paul Watmough, Founder and CEO of IOWArocks, says: “I am very excited about the many benefits in terms of the new business development opportunities that being part of the IOWArocks community will deliver to Marex. I believe this is a very significant move and look forward to establishing an even stronger, mutually supportive partnership with them.”
TriOptima, an infrastructure service that helps to lower costs and to mitigate risk in OTC derivatives markets, has extended data connectivity between The Depository Trust & Clearing Corporation (DTCC) Global Trade Repository (GTR) service and TriOptima’s triResolve platform.The aim is to help market participants validate their reported securities financing transactions as they prepare for Securities Financing Transactions Regulation (SFTR) compliance.
Through this enhanced initiative, firms are now able to compare and align DTCC GTR trade records with their reported data fields in triResolve, allowing users to quickly identify and address any discrepancies, as well as amend reporting more quickly.
Copper, a London based digital asset infrastructure provider, has launched Copper Catalyst, a next-generation framework designed to bridge the gap between traditional financial markets and the emerging crypto investment space.Copper Catalyst enables institutional and sophisticated investors to take a position in cryptoassets without the risk usually associated with the storage and trading of crypto. With Copper Catalyst, investors can buy exposure to cryptoassets in a similar way to how they would buy a normal equity or derivative.
To date, cryptoassets have not been easily bankable, and the options available for crypto funds looking to issue securitised products have been prohibitively
London-based Prime Broker Forte Securities has selected Profile Software’s Asia platform for its investment management and custody operations.The company was formed in 2008 as a brokerage business, specialising in Equities, Fixed Income Bonds and Equity Derivatives. The quality and success of Forte Securities’ institutional distribution business model have enabled it to adapt and expand rapidly since the company’s inception. Forte Securities has continued to expand year-on-year by introducing new and innovative business lines, which contributed to becoming a premier European financial services firm. Forte Securities has offices in major financial centres including Monaco, Sydney, and Geneva, among others. The company is
