Solutions
DiligenceVault has hailed a new milestone, connecting over 12,000 clients on its two-sided, centralised digital diligence platform.
By A Paris – In the face of the current uncertainty and volatility across global markets, the financial industry in The Bahamas has been making changes to refine and strengthen its position as an international financial centre. This is being done to buttress its international standing and help sustain business longevity for all players involved.
Cryptocurrency trading specialist OKEx is expecting to double its staff in the next two years.The company says the development of the crypto sector has been accelerated by the coronavirus pandemic with Blockchain.com reporting steady growth growth in confirmed daily transactions since March to around 250,000 per day. Total trading volume on major bitcoin exchanges reached USD684.4 million in March.
“This is an exciting time for OKEx, we plan to open new offices in more regions to better serve our users, and we’ve already started recruiting passionate blockchain professionals to grow and prosper together. We expect a 100 per cent increase
Algebris Investments, a London-based multi-strategy credit and equities-focused hedge fund manager, is staking out alpha opportunities across a range of stressed credits which stand to gain from a resumption in activity post-lockdown.
Style Analytics, a provider of factor-based portfolio and market analytics tools for investment professionals, has launched a new tool in investment management for instant comparison of funds on a wide variety of metrics.The new Similyzer tool uses fund holdings to measure how similar thousands of investment vehicles are to one another, helping investors make detailed comparisons on factor exposures, historic performance, risk measures and more.
Asset Managers can use Similyzer to identify uniquely differentiating aspects of their own funds, to assess all competitors’ strengths and weaknesses and to examine crowding in equity styles. Asset Owners and Consultants can use Similyzer
Tokenise Stock Exchange (Tokenise), a global fully-regulated digital securities exchange, has collaborated with GMEX Technologies Ltd (GMEX) to launch a regulated digital exchange.The partnership, established in September 2019, has now delivered a live digital exchange platform to support securities issuance, trading, surveillance, clearing, settlement and custody. The end to end solution for issuers and investors ensures regulatory robustness and adherence to exacting exchange-trading standards.
While operating out of London and the Caribbean, Tokenise is licensed in Barbados – a regulatory friendly jurisdiction when it comes to digital securities. The exchange aims to lead the way for the next generation of capital
Financial communications compliance provider NICE has integrated its Trading Recording System (NTR) on the Microsoft Teams platform to drive the digital transformation of financial services.
Read the full story at Institutional Asset Manager…
The sudden and forced shift to remote working has served as an impetus for firms to transform their operations. Primarily, it has enabled the rise of more collaborative working methods, some of which will hopefully be embedded in future ways of working.
“Keeping staff engaged is the main challenge firms are facing,” George Ralph (pictured), managing director at RFA explains. In terms of communication and collaboration, video calling via systems like Microsoft Teams and Zoom has increased. The face to face contact such tools provide is important. “It really does help businesses stay connected… With tools like Microsoft Teams in place,
The idea that everyone would be working from home for an extended period of time was never truly contemplated in business continuity plans. But this is now expected to change in reaction to the current crisis. The experience over the past two months has taught the investment management business that, with the right tools, working from home can be an essential, and perhaps more practical and cost effective, element of BCPs going forward.
Historically, a key element of a BCP involved an alternate location, due to be used in case a firm’s primary office is inaccessible. The abrupt and extensive
The flexibility of a digital platform is its single biggest advantage, but it also represents its greatest risk because if not configured correctly, it can be a huge security concern. Automating the configuration of a cloud platform can help mitigate this and strengthen the security posture of a firm’s digital roadmap.
Although many financial services firms already had a cloud or digital transformation strategy in place, the Covid-19 crisis forced everyone into having a digitally dispersed workforce in an instant. So, service providers, like Edge Technology Group, have moved from from supporting and managing one primary environment per customer to
