Solutions
Backstop Solutions Group (Backstop), a cloud-based productivity suite for institutional and alternative investors, and Mercer, a business of Marsh & McLennan, have formed a strategic alliance which will make Mercer’s institutional investment data, forward-looking research and ratings available through Backstop’s platform.Backstop clients who subscribe to MercerInsight, Mercer’s cloud-based investment manager research and analytics platform, will be able to access institutional investment data, research and ratings on over 7,000 managers and 35,000 strategies through Backstop’s productivity platform, enabling such institutional asset owners, consultants, and advisors clients to quickly ascertain Mercer’s views on managers to bolster their own research and opinions.
Most hedge fund industry employees have been working remotely during the coronavirus pandemic, but now firms are split over when staff should return to work and when businesses can resume face-to-face contact with investors and other clients, a new study by the Alternative Investment Management Association has found.
The survey data suggests firms with smaller headcounts are more confident on resuming client contact and overseas travel later this year.
But firms with larger staff numbers do not expect to return to normal until 2021, suggesting they face bigger practical challenges in ensuring social distancing among employees.
AIMA, the trade body
MUFG Investor Services’ Global Securities Lending Solutions Group has selected the EquiLend Spire securities finance system as its core global platform to expand front-, middle- and back-office solutions.EquiLend Spire is a modular and scalable securities finance system offering solutions for compliance, reporting, risk analysis, accounting, positions and trade. MUFG Investor Services’ choice of EquiLend Spire as its global platform reflects our ongoing commitment to innovation by complementing cutting edge in-house technology with leading industry systems into front-, middle- and back-office offerings for clients.
This deal also signifies yet another step MUFG Investor Services has taken to support the growth
Integral, an FX technology partner for banks, brokers and asset managers, has announced that INTL FCStone Ltd has begun trading NDFs on Integral’s BankFX Platform. INTL FCStone, a provider of financial-services execution, risk management, market intelligence, and post-trade services, also offers trading and clearing in a wide range of OTC FX instruments. The NonDeliverable Forward was developed in order to meet growing client demand and will be supported by Integral’s new streaming NDF workflow, along with its established Request for Stream functionality.
Initially, INTL FCStone will support the Brazilian Real (BRL), the Chilean Peso (CLP), and the Columbian Peso in
The largest capital introduction event in history has gone live today (15 June) with the launch of Funds4Food, a two-week network of virtual one-on-one meetings between alternative asset managers and leading allocators that is raising funds to aid relief efforts for victims of Covid-19.
Orchestrated by iConnections, the new Pennsylvania-based networking and software solutions business launched in April by ex-Context Summits founder Ron Biscardi, the online fundraiser is facilitating a round-the-clock series of private cap intro video-conference meetings until 2 July – with all proceeds from event registrations going to charities focused on Covid-19 hunger relief.
Over USD1.6 million has
Quantile Technologies (Quantile), a provider of multilateral optimisation services, has completed its first cleared interest rate initial margin (IM) optimisation run with LCH. Clients accessing this new service benefit from superior risk management and reduced margin funding costs, increasing the efficiency and liquidity of derivatives markets.
The new service bolsters Quantile’s extensive suite of optimisation services, which now includes regular runs for cleared FX and interest rates, together with uncleared SIMM optimisation for FX, interest rates and equities. By offering optimisation for both cleared and uncleared asset classes, Quantile connects liquidity pools and generates increased capital and margin benefits for
The Seychelles-based SECDEX Group, which comprises a licensed, regulated exchange (offering traditional and digital assets), central counterparty clearing house (CCP) and central securities depository with registry, has launched SECDEX Digital Custodian (SDC). SDC has been granted a licence under the Financial Services Authority (FSA) Sandbox to offer digital custody services and is now live.
As with all the companies within the SECDEX Group, the focus is to operate organised and reliable market infrastructure within regulated environments, which are attractive for participants and provide certainty to investors. SECDEX Exchange, which is live with its first members, facilitates the tokenisation, registration, primary issuance and
Blue River Partners (Blue River), a US-based provider of outsourced solutions to private equity and hedge funds has been acquired by IQ-EQ.Read the full story at Private Equity Wire…
Tether.io, a blockchain-enabled platform that powers the largest stablecoin by market capitalisation, has eclipsed Ripple’s XRP to become the second largest altcoin behind Ethereum tokens (ETH).
Injective Protocol has formed a strategic partnership with WOOTRADE, a digital asset dark pool, to combine resources to focus on increasing user adoption in the Decentralised Exchanges (DEX) space. The collaboration will bring together a series of initiatives such as implementing liquidity management, designing crypto asset derivative products and markets, and establishing an international corporate brand.
Decentralised Exchanges (DEX) are one of the most widely talked about topics in Decentralised Finance (DeFi). It is often considered to be the inevitable next evolution of digital asset exchanges due to addressing the growing problems with centralised exchanges such as the lack of transparency
