Solutions
TraderMade, a provider of FX research, data and charting applications, has signed a partnership with FINBOURNE Technology to make its data available on LUSID, an open investment data platform.
TraderMade data is available without charge as part of the 90 day free evaluation period available to all clients that sign up to LUSID.
TraderMade provides a source of daily closing FX rates for all major currency pairs for use within the LUSID platform to support investment management processes and analytics.
TraderMade’s data is fully integrated into the demonstration portfolios available via API when a customer signs up to LUSID. In
More than two-thirds (69 per cent) of asset managers claim that the data management systems and processes that they use today are not ‘very effective’ at supporting business and operational decision-making.
In addition nearly half of asset managers (45 per cent) said their organisation typically measures RoI on data management projects afterwards by carrying out an annual survey into how the business is performing to relevant quality metrics.
These were among the key findings of a recent survey commissioned by Asset Control, a solutions provider for financial data management. The survey also revealed that in terms of management priorities for
FNY Investment Advisers (First New York), a multi-strategy investment firm, has implemented LiquidtyBook’s SaaS-based LBX Buy Side as its POEMS (portfolio, order and execution management system).
LiquidityBook’s platform provides a full range of order, execution and portfolio management capabilities, including real-time performance, full historical P&L, risk management, compliance and reporting. First New York is using LBX Buy Side to support its multi-asset trading workflow, which includes global equities, futures, options, FX and fixed income.
Before signing on with LiquidityBook, First New York worked with three separate providers for varying amounts of time, according to Sandro Polverino, Chief Technology Officer at
Tiedemann Investment Group (TIG Advisors) has selected SS&C Geneva for portfolio accounting.
The New York-based alternative investment adviser says it selected Geneva for its comprehensive asset class coverage and the ability to handle complex fund structures. At its core, Geneva is a real-time dual-entry accounting system featuring closed-period, dynamic and knowledge date-based reporting functionality. TIG Advisors is also using SS&C Eze OMS for order management and compliance.
“Geneva’s speed, extensive experience handling arbitrage products, and capabilities serving the credit space ensure we are in the best position to handle reporting as our business grows,” says Michael Fastert, Chief Operating
Digital asset trading platform trading platform Bitfinex has launched support for the Lightning Network.
The Lightning Network is a decentralised system of smart contracts built as a second-layer of the Bitcoin blockchain, enabling custodian-free instant, high-volume micropayments across a network of participants.
Bitfinex has started running its own Lightning Network node that traders can connect to and open a payment channel with the platform.
“As industry pioneers, we strive to remain at the forefront of Bitcoin technology development,” says Bitfinex CTO Paolo Ardoino. “We’re proud to support the Lightning Network.”
The Lightning Network works by creating a secure network of
Global investment management firm PIMCO is using OpenGamma’s analytics as part of its operational processes to optimise derivatives margin for its clients.
With OpenGamma’s leading software-as-a-service (SaaS) solution, PIMCO is able to reduce margin financing costs for its clients for their derivatives by evaluating all available clearing options across global exchanges and clearing houses.
“Fixed income asset managers need to adapt the way they trade derivatives under new regulations like uncleared margin rules,” says Josh Ratner, Executive Vice President, Head of Americas Operations of PIMCO. “With this in mind, we’re constantly on the lookout for the right technology to drive
GPIF, the Japanese Government pension fund and the largest pool of retirement savings in the world, has suspended stock lending in a move that will have implications for short-sellers including hedge funds.
GPIF says that the practice of stock lending is inconsistent with the stewardship responsibilities of a long-term investor and that the current scheme lacks transparency in terms of who is the ultimate borrower and for what purpose they are borrowing the stock.
GPIF, which manages JPY160 trillion (USD1.47 trillion) of assets, says it will continue to lend debt securities and that it may reconsider the suspension stock lending
Crestbridge has been granted a funds administration licence in Luxembourg in a move that significantly bolsters the company’s capabilities in the jurisdiction and its multi-jurisdictional proposition for alternative fund managers.
Granted by Luxembourg’s financial services regulator, the Commission de Surveillance du Secteur Financier (CSSF), the new licence enables Crestbridge to provide a broad range of fund administration services from Luxembourg, complementing the well-established Management Company (ManCo) solution already provided from the jurisdiction.
Crestbridge established its ManCo in Luxembourg in 2011 and was one of the first businesses to establish an AIFM in early 2014, providing a third-party management company solution for
SEI has launched the SEI Developer Portal (the Portal), a global, self-service offering featuring SEI’s suite of application programming interfaces (APIs) for web, mobile, single-page, and client/server development.
The Portal supports the company’s strategic initiative to streamline platform integration across clients, strategic partners, and third-party technology and data providers.
“We recognise that firms want to leverage their strong, in-house development expertise to build applications, yet those applications still require third-party integration. The SEI Developer Portal provides fast, flexible and secure integration with SEI’s core business services and client data, mutually reducing development timelines and expenses,” says Jim Warren (pictured), Senior
New research produced by GreySpark Partners, a global capital markets consultancy, examines the role that a new breed of Big Data known as Smart Data can play in maximising the value of the client-facing and operational data assets continually maintained by buyside and sellside firms in the daily running of cash equities, fixed income and currencies (FIC) trading businesses.
At issue for asset managers and investment banks alike in 2019 is the extent to which the electronification of trading across all major asset classes precipitates ever-larger levels of portfolio manager or trader demand for granular, real-time intelligence required to support
