Solutions
IHS Markit a business information provide to over 500 asset managers including more than 300 hedge funds, has appointed pricing and risk management specialist, Mark Findlay, as the Global Head of its Financial Risk Analytics business. Based in London, Findlay will report to Chief Technology Officer and Chief Data Scientist, Yaacov Mutnikas, and will lead the business.
With more than 25 years of experience in global markets, consulting and financial risk solutions services, Findlay joins IHS Markit from TLG, a specialist risk management consultancy in London, where he served as a Partner. Previously, Findlay held chief operating officer positions in financial
Emerging managers and family offices can benefit from the services offered by boutique accountancy firms as this gives them access to high quality, responsive service they may not get elsewhere.
Muhammad Akram, founder of Akram & Associates, elaborates: “I have learnt that there aren’t many boutique firms of our size which can really help and support emerging managers and family offices. Bigger firms often don’t want to service them or are simply not a good fit. Also, if they go to a large firm, they risk not getting the quality of service they require in terms of responsiveness, for example.”
The New York Institute of Finance (NYIF) and Google Cloud have launched a new Machine Learning for Trading Specialisation available exclusively on the Coursera platform. The Specialisation helps learners leverage the latest AI and machine learning techniques for financial trading.
Amid the Fourth Industrial Revolution, nearly 80 per cent of financial institutions cite machine learning as a core component of business strategy and 75 per cent of financial services firms report investing significantly in machine learning. The Machine Learning for Trading Specialisation equips professionals with key technical skills increasingly needed in the financial industry today.
Composed of three courses in financial
There are an estimated 445 alternative data providers in the funds industry, serving the needs of both traditional and alternative fund managers. This is, according to alternativedata.org, an industry that is projected to be worth USD350 billion in 2020. But while there is no doubting the quantity and diversity of data sets one can acquire, how valuable really are they?
Airbus’ wholly owned subsidiary Skytra has selected Nasdaq to provide the core technology for its derivatives trading venue.Headquartered in London, Skytra was recently established to help the USD1 trillion per annum air travel industry hedge its revenue risk through the trading of cash-settled futures and options contracts based on a series of Skytra Price Indices. This is the first time that the industry will have financial risk management instruments available to them specifically to address revenue volatility.
The air travel industry makes long-term financial commitments, but is challenged by short-term revenue visibility, where up to 90 per cent of the
Majedie Asset Management (Majedie), a specialist active equity investor, has revealed the four teams which will be competing to win the title of ‘Next Generation Investor 2020’. This investment competition is aimed at female undergraduates to encourage them to consider asset management as an attractive career choice. Each team has been given a notional GBP25,000 to invest in listed equities and can trade as they wish until 30 June.
Majedie will provide the competing teams with in-depth training on stock selection, portfolio construction, financial modelling, ESG integration and mentoring by its award-winning fund managers throughout the period. The notional profits
Style Analytics, a provider of factor-based portfolio and market analytical tools for investment professionals, is expanding its ESG factor analysis tool with the launch of Carbon Risk Ratings and emission data from Sustainalytics, a leading global provider of ESG research, ratings and data.
Fund data management platform Kneip has named Hugues Delcourt as Chairman of the Board whilst founder and previous Chairman, Bob Kneip, moves into the role of Vice-Chairman.Delcourt brings with him a wealth of experience, with 30 years in the banking industry accrued in Europe and Asia, working for global institutions, including Indosuez, ABN AMBRO and UBS. Most recently, Delcourt was the Group CEO of Banque Internationale à Luxembourg, a position he held for five years.
In his new role as Chairman of the Board, Delcourt will offer guidance and support to the executive leadership team, headed up by CEO
Fund Recs is to provide SANNE, a global provider of alternative asset and corporate services, with tailored reconciliation automation services through its Velocity fund administration software.Fund Recs, an established fund industry software provider, will work with SANNE to automate the data processing and reconciliation process in its fund administration business. Delivered as a Software-as-a-Service, Velocity, will help SANNE achieve its goal of Straight-Through-Reconciliations.
Fund Recs Chief Executive Officer, Alan Meaney, says: “Through our engagement with SANNE we’ve delivered a strong relationship and are excited to be working with a group that has such a focus on providing high quality
Drawbridge Partners, a cybersecurity software and services firm specialising in the needs of hedge fund and private equity managers, has appointed an Lyons as Vice President of Business Development. Lyons will be responsible for driving growth for Drawbridge’s award-winning software and services.
Lyons brings over 17 years of business development expertise in the Alternative Investment space to his role at Drawbridge, with a specific focus on technology and security. Most recently, Lyons served as Director of Sales for Apex Services Ltd, which provides technology solutions to asset managers, capital markets firms and private clients. Prior to that, he had a
