Solutions
Data Operating Platform Behavox has named its first board of directors, which will be chaired by Founder and CEO Erkin Adylov.
Diginex has partnered with Itiviti to cater for demand from institutional investors, who wish to include digital assets in their portfolios, while utilising resilient and scalable connectivity based on FIX.
Trading technology company TradAir has gone live with a new service, TA1, to facilitate trading and liquidity in foreign exchange.TradAir’s TA1 solution will allow its customers – both traditional and anonymous liquidity providers – to trade spot FX for an extensive range of spot currency pairs, using TradAir’s anonymous liquidity trading solution, while partnering with best-in-class credit provision from Standard Chartered, the multinational banking and financial services company.
TA1 will use state-of-the-art UX design and advanced HTML5 technology, delivering a fully personalised trading experience – both on browsers and on mobile. Workflows can be customised for trading, monitoring, risk and
Crypto Finance , a specialist in crypto currency trading, tokenisation and storage services to institutional investors has raised CHF14 million in a Series B funding.Read the full story at Institutional Asset Manager…
Global digital currency asset manager Grayscale reported a record-setting USD503.7 million in inflows to its digital currency funds in Q1 2020, despite the economic shock of the coronavirus pandemic. This is nearly double the previous quarterly high of USD254.8 million set in Q3 2019. Over the last quarter, institutional investors represented 88 per cent of all inflows, the majority of which were from hedge funds.
The mandate and strategic focus of these funds is broadly mixed and includes Multi-Strategy, Global Macro, Arbitrage, Long/Short Equity, Event Driven, and Crypto-focused funds.
New investors accounted for USD160.1 million in inflows. Grayscale Bitcoin Trust and Grayscale
Triad Securities, an agency-only brokerage firm, has announced a ‘Triad Cares Trading Day’ on 20 April to help Covid-19 relief efforts. All of Triad’s trading commissions will be donated to a group of four leading charities that provide services to those impacted by the coronavirus crisis in the Greater New York City area.
Kevin Schultz, Triad’s chairman, says: “Our clients, employees, family and friends are all looking for a way to support their communities and the courageous first responders and front-line healthcare workers. We are pleased to do our part by giving our clients a simple and efficient way to give
Financial information firm Refinitiv has unveiled key enhancements to its ESG scoring methodology, making its company scores “more data driven than ever”. Accounting for industry-based materiality weighting of metrics, with minimal company size and transparency biases, the updated methodology allows investors and companies to more objectively conduct industry peer-comparisons.
Refinitiv ESG scores are designed to transparently and objectively measure a company’s relative ESG performance, commitment, and effectiveness across 10 main themes (emissions, environmental product innovation, diversity and inclusion, human rights, shareholders, etc) based on publicly reported data.
The enhanced ESG scores are a uniquely effective way to assess materiality across industries,
Data management and ResTech specialist RIMES is aiming to help clients deal with some of the challenges for remote working by providing free access to its Feed Audit tool.Read the full story at Institutional Asset Manager…
MAX Markets Limited (MAX) a new London-based digital, multi asset exchange, is aiming to provide professional investors with a regulated marketplace, subject to FCA approval, to enable the buying and selling of cryptocurrencies, security tokens and other digital assets.Providing access to digital products via the familiar secure and regulated channels, MAX’s approach highlights the paradigm shift from traditional to digital exchanges including post trade. In the current market, investors are expected to pre-fund digital activity with their inventory immobilised in a closed ecosystem of the exchanges choosing. MAX is unique in its facilitation of inventory mobility, within a familiar market
Alan Davies, former Director of SS&C Depositary Services Limited, has joined INDOS Financial, an independent fund depositary and oversight business, as Managing Director.
