Solutions
Most US hedge funds and other alternative managers expect to return to work before year-end, but a majority predict sweeping changes to work-from-home policies and office layouts, with close to a third of New York-based managers mulling a reduction in office space, a deep-dive industry study by Seward & Kissel has found.
RepRisk, a specialist in ESG data science combining machine learning and human intelligence, has formed a strategic partnership with alternative data platform and marketplace BattleFin that will significantly expand alternative data buyer access to ESG risk data.RepRisk’s daily-updated dataset on nearly 150,000 companies linked to ESG and business conduct risks will be available through BattleFin’s global alternative data marketplace, Ensemble. Investors, hedge funds, and other buy-side professionals will now be able to test, evaluate, and purchase RepRisk ESG data seamlessly within Ensemble. Through Ensemble, clients will be able to efficiently integrate and mine datasets for signals and leading indicators, as
INTL FCStone, a provider of execution, post-trade settlement, clearing and custody services across asset classes and markets worldwide, is rebranding the firm as StoneX Group (StoneX). The StoneX Group name was approved by an overwhelming majority at a recent meeting and effective 6 July, 2020 the Company will be traded under the symbol SNEX.
The StoneX Group name and its trade name “StoneX” carries forward the foundation established by Saul Stone in 1924 to today’s modern financial services firm. Today, the StoneX Group provides an institutional-grade financial services ecosystem connecting its clients to 36 derivatives exchanges, 175 foreign exchange markets,
Quant Insight (Qi), a macro data analytics firm that applies quantitative techniques to financial markets, has launched its desktop application on the OpenFin operating system.Qi provides quantitative macro analytics across multiple asset classes to a wide array of investors from discretionary to systematic, from equity long/short to absolute return. Qi brings a single, comprehensive and robust solution to its clients with actionable signals.
The collaboration enables the seamless deployment of Qi’s quantitative macro analytics on OpenFin’s OS, giving end-users a simple, comprehensive macro solution to aid their strategy, via an integrated API and an enhanced user experience dashboard. This will allow users to identify investment opportunities and manage
Triad Securities, a full-service, agency-only brokerage firm, and Edgar Strategic Consulting Services (ESCS), are expanding their partnership which provides bespoke marketing and asset raising solutions to hedge funds. The firms leverage their respective strengths while working closely together to bridge managers and allocators, respectively. ESCS, a leading business development consultant, focuses on getting managers ready for institutional-level marketing, diligence meetings and designing an overall come-to-market strategy. ESCS, via Triad Securities, then identifies institutional investors who would benefit from hearing about these offerings and proposes institutional introductions.
Managers working with the group range in size with most being between USD250 million to
London-based research analysis provider Substantive Research has appointed Drew Hermann as Head of Sales, Americas, part of the firm’s expansion plan to build out its North American operations. In his role, Hermann will work closely with asset managers to source quality, differentiated research while also optimising their investment research budget.
Hermann brings over a decade of investment research market experience across the United States, Canada, and LATAM along with a background in strategic management, product development, and enterprise sales.
Mike Carrodus, CEO and Founder of Substantive Research, says: “Drew comes to us after an incredibly successful few years as Managing Director,
Independent depositary and fund oversight provider INDOS Financial has announced it has been appointed to provide AIFMD depositary and anti-money laundering (AML) compliance officer services to the newly launched VI Global Equity Fund, a Cayman Islands domiciled master/feeder fund. The fund follows a fundamental long/short strategy and is managed by UK-based Lijaro Asset Management.
INDOS Financial CEO, Bill Prew, says: “Despite the challenges of Covid-19 it is very much business as usual for INDOS as we continue to on-board new clients. We are delighted to be providing independent depositary and AML officer services to the Lijaro fund. The appointment highlights the
INTL FCStone Ltd, the London-based European subsidiary of Fortune 500 company INTL FCStone Inc, is to deploy Eventus Systems’ Validus platform for market surveillance activities throughout the Europe, Middle East and Africa (EMEA) region. Building on last year’s adoption of the platform for futures market surveillance by the company’s US-based FCM subsidiary, the new agreement substantially expands the relationship not only geographically but also across multiple product types and asset classes, including futures, equities and fixed income.
The newly expanded implementation will be active within weeks, also leveraging the cloud-based version of Validus on a T+1 basis, replacing the current
Exberry has launched its multi-asset class exchange infrastructure designed to enable traditional, alternative and digital asset exchanges to launch, pivot and scale.Exberry’s infrastructure has been specifically developed to help boost exchanges by delivering a blend of exchange and secondary market trading technology and expertise. Built over three years by a team of seasoned exchange technology experts with a proven software engineering heritage, Exberry’s infrastructure delivers exchange capabilities applicable to every asset class and capital markets opportunity.
Anticipating the potential of emerging digital assets and demand for alternative secondary market trading opportunities, Exberry’s infrastructure overcomes the limitations of current exchange technology.
SmartStream Technologies, the financial Transaction Lifecycle Management (TLM) solutions provider, today extended its Reference Data Utility (RDU) Securities Financing Transactions Regulation (SFTR) service to include an API for firms requiring fast access to the technology and data needed to manage their reference data challenges – critical for meeting the ESMA SFTR reporting deadline of 13 July.With the addition of the API, firms have quick access to new tools to manage their SFTR compliance needs. This enables them to reduce implementation time for deploying the key components for sourcing accurate, comprehensive and easy-to-access reference data. Importantly, a speedy onboarding process allows
