Solutions
AcadiaSoft, a provider of risk and collateral management services for the non-cleared derivatives community, has partnered with derivatives analytics firm OpenGamma to simplify the workflow for compliance of Phases 5 and 6 of the Uncleared Margin Rules (UMR). The partnership will integrate AcadiaSoft’s initial margin calculation and reconciliation service with OpenGamma’s risk sensitivities generation service, both critical steps in the workflow for UMR compliance.
“As we continue to work across the industry to make UMR compliance less burdensome for Phase 5 and 6 clients, this partnership with OpenGamma is a natural fit,” AcadiaSoft Chief Product Officer Fred Dassori says. “Bringing OpenGamma
Compliance and data analytics firm SteelEye, and UnaVista, the regulatory reporting platform from London Stock Exchange Group, have formed a partnership to support financial firms with best-in-class reporting services as they migrate from CME’s European Trade Repository (TR) and NEX Abide regulatory reporting services, which will close in November 2020. SteelEye has been a technical router into UnaVista’s Approved Reporting Mechanism (ARM) for MiFIR since 2017. To support market participants migrating from CME, SteelEye has now also integrated with UnaVista’s European Trade Repository (TR) for EMIR reporting.
“This integration builds on the existing partnership between SteelEye and UnaVista and ensures that
Singapore-based Broctagon Fintech Group has provided its brokers with greater flexibility to manage client lifecycles though its AXIS (Affiliate Expansion Integrated System) CRM.The update adds more than 40 new cryptocurrencies for brokers to accept deposits in. Traders can now easily fund their accounts directly and trade all the different instruments available quickly whilst brokers can open all their markets to cryptocurrency holders with the goal of expanding their client base.
The majority of brokers receive deposits through fiat, meaning crypto traders would have to exchange their cryptocurrencies before transferring into a broker system. This eliminates that process and provides
QuantHouse, a provider of end-to-end systematic trading solutions including market data services, algo trading platform and infrastructure products and part of Iress, has added Trading System Lab’s (TSL) machine learning capabilities to its QuantFactory cloud backtesting suite.
Investment data firm eVestment and software platform Assette have expanded their partnership to provide asset managers with an integrated data offering.
Read the full story at Institutional Asset Manager…
The Securities and Exchange Commission announced has obtained court approval of settlements with Telegram Group Inc and its wholly owned subsidiary TON Issuer In to resolve charges that Telegram’s unregistered offering of digital tokens called “Grams” violated the federal securities laws.
The defendants have agreed to return more than USD1.2 billion to investors and to pay an USD18.5 million civil penalty.
On 11 October , 2019, the SEC filed a complaint against Telegram, alleging that the company had raised capital to finance its business by selling approximately 2.9 billion Grams to 171 initial purchasers worldwide. The SEC sought to preliminarily enjoin Telegram from delivering
Growth Capital Partners (GCP) has acquired a minority stake in CubeLogic, aprovider of enterprise risk management solutions for the energy, commodities and financial markets.Read the full story at Private Equity Wire…
Digital asset trading platform Bitfinex is offering zero fees on tether/US dollar (USDt/USD) pair to users who reach a trailing 30-day trading volume of more than USD15 million.
Global trade surveillance and risk management software platform provider Eventus Systems has partnered with VoxSmart, a specialist in communications surveillance technology. The firms are collaborating to build custom solutions for global market participants looking to enhance their ability to surveil and manage risk across the entire order and trade lifecycle, from pre-trade communications to execution and post-trade monitoring.
The announcement comes as individuals throughout the financial community continue to work from home and increasingly rely on electronic and mobile communications as well as access to trading platforms outside of the office or trading floor environment.
Eventus offers a comprehensive trade
Sandberg Capital acquires a 35 per cent stake in Czech company Revolgy Business Solutions. The management team stays on board and continues to lead the company.
