Solutions
GoldenSource has launched a new data connection to support the Association of National Numbering Agencies (ANNA) and Global Legal Entity Identifier Foundation (GLEIF) initiative to link International Securities Identification Numbers (ISINs) and Legal Entity Identifiers (LEIs).
The combined ANNA and GLEIF initiative, set up to increase transparency of trading exposure by connecting the issuer and issuance of securities, allows market participants to aggregate the data required to gain a clear view of their securities exposure within a given issuer and its related entities. This means that the LEI, relating to any ISIN, can now easily be identified – removing any uncertainty
Nomura, Asia’s global investment bank, has made its five FX algorithmic strategies available on the BidFX platform.
Clients can now access Nomura’s FX Algo Tsuwamono Series on BidFX. Each strategy offers a wide range of flexibility on executions suited to client requirements and trading preferences.
Ian Daniels, Nomura Head of eFX Distribution EMEA & Americas, says: “Nomura’s FX algorithms provide substantial benefits to clients, with high levels of trading flexibility. We’re pleased that clients can now find our algorithms on BidFX.”
Roger Lee, BidFX Head of EMEA Sales, says: “BidFX has had a long standing relationship with Nomura and it’s exciting
Transaction Network Services (TNS) launched its TNSXpress product suits at the FIA Expo in Chicago.
TNSXpress includes TNS Layer 1, TNS Managed Hosting and TNS Market Data. This combined offering provides ultra-low latency connectivity and covers a significantly expanded global footprint.
“TNSXpress is redefining the reasons why financial services firms outsource their trading operations,” says Scott Feagans, VP of Technology and Strategy of TNS’ Financial Services business. “It is an innovative, robust and far-reaching suite that offers a value proposition unmatched by any other single-source provider.”
TNS Layer 1 simplifies the network with single switch hops
IHS Markit has partnered with Magis Analytics, to launch electronic trade settlement for the distressed leveraged loan market.
Parties to distressed loan trades manage lengthy legal due diligence reviews, document production and trade closing, manually. The average settlement time for distressed loans in 2018 was more than four times longer (T+67) than that of par/near par loans (T+16).
The ClearPar distressed loan settlement solution offers electronic workflows to review upstream ownership history, manage inventory and create purchase and sale agreements. Automating those processes allows buyers and sellers to settle trades much more quickly and efficiently. Deutsche Bank was the
MackeyRMS, a provider of research management software, had added integration with messaging applications Symphony, Slack and Microsoft Teams to its offering.
The new integrations enable the seamless capture, sharing and audit of chat collaborations among investment teams about securities and funds within their portfolios.
Symphony, Slack and Microsoft Teams have seen rapid adoption in recent years within the financial services industry, and particularly within asset management firms seeking to modernise and streamline the way investment teams collaborate and communicate. Integration with MackeyRMS, a pioneer in modern, mobile-first financial technology, will facilitate a more structured, fully auditable framework for investment process
AxiomSL, a provider of regulatory reporting and risk management solutions, is partnering with Genpact, a global professional services firm focused on delivering digital transformation, to empower financial firms (FIs) to efficiently implement IntegratedModelView, a model management framework, on the AxiomSL platform.
AxiomSL’s IntegratedModelView offers FIs a fresh approach to model management by enabling them to create, manage, maintain, and execute open-source language models directly within AxiomSL’s ControllerView data integrity and control platform. With IntegratedModelView, FIs can fully incorporate their model data and outputs into regulatory-reporting solutions running on the platform.
With the advent of Basel IV reforms, many FIs
DASH Financial Technologies, a capital markets technology and execution provider, has launched SENSOR Dark, a dark liquidity aggregation algorithm designed to provide traders with optimal levels of transparency, performance and control in their attempt to minimise footprints when seeking dark liquidity in a fragmented market.
The new strategy is the latest innovation in DASH’s SENSOR suite. It sources dark liquidity from every significant venue across the US equity market, including independent venues, broker-operated pools, exchange hidden liquidity and conditional pools.
In line with the philosophy of all DASH execution solutions, users may customise their own SENSOR Dark execution strategies to
The Citco Group of Companies (Citco) has expanded partnership with Solovis, a multi-asset class portfolio management, analytics and reporting platform for asset owners and allocators.
The strategic partnership with Solovis spans business, technology and services and includes an equity investment in Solovis. This relationship enhances the performance reporting and analytics services currently provided by Citco Institutional Services, the firm’s investment record-keeping and reporting team for institutional investors.
The expanded relationship builds upon the two firms’ existing partnership, in place for over a year, and extends the capabilities of the Citco Institutional Services business line, which was launched in June
Backstop Solutions Group, a cloud-based productivity suite for institutional and alternative investors, has launched IntellX, the newest offering in the group’s suite of data products and services.
Using artificial intelligence and machine learning, Backstop IntellX ultimately aims to automate inbound data collection, classification, and management, enabling the operations teams inside large asset owners to boost productivity and spend more of their time on the activities that create the most value for their investment teams.
“For every email that comes through with an attachment, be it an investor letter, capital accounts statement, or what have you, our team was spending
Confluence Technologies, a specialist in investment data management automation for regulatory, financial and investor reporting, has acquired StatPro Group, a provider of cloud-based portfolio analytics, asset data services and data management tools for the global asset management industry and asset management service providers.
Confluence has acquired the entire issued and to be issued ordinary share capital of StatPro in an all-cash offer of approximately GBP161.1 million (over USD207 million USD). The transaction brings together two highly complementary businesses to create a leading supplier of front, middle and back-office solutions to asset managers and administrators.
Mark Evans, Confluence Founder and CEO, says:
