Solutions
Refinitiv, a provider of financial markets data and infrastructure, has signed an agreement with TP ICAP, an inter-dealer broker, to support its data needs for both brokers and technology platforms.
TP ICAP’s brokers and enterprise technology will gain access to enriched and integrated global data across multiple asset classes, including equities, fixed income, energy & commodities, FX and derivatives from Refinitiv. TP ICAP will meet its data needs that power its applications via the Refinitiv Data Platform and on the desktop via Eikon. Refinitiv will work alongside TP ICAP to analyse changing business priorities and focus on datasets from its
Vela, an independent provider of trading and market access technology for global multi-asset electronic trading, and PlusWealth Capital Management, the stockbroking business of proprietary trading firm Plus Wealth, have added the National Stock Exchange of India (NSE) to Vela’s automated trading platform, Metro.
The availability of NSE access is an extension of existing support provided by Vela to Plus Wealth’s proprietary trading business.
PlusWealth Capital Management is a registered member of the Securities and Exchange Board of India (SEBI), active in multiple markets including cash equities, options, and futures, and is currently providing server hosting, market data and market
North American wealth management firms can now benefit from a strategic partnership between Refinitiv and Nomura Research Institute (NRI) announced in 2018.
The partnership enables global diversification for Refinitiv’s retail and institutional clients by including automated international post-trade processing for multi-market and multi-currency securities.
The successful go-live of the software integration of NRI’s I-STAR/GX software platform into Refinitiv’s BETA wealth management brokerage processing platform will benefit wealth management firms by providing automated settlement and straight-through processing of trades executed across all markets. I-STAR/GX allows these processes through a high-volume solution with single-stock record across all asset classes and markets,
GP Bullhound has invested USD10 million in RavenPack, a provider of alternative data and insights for financial institutions.
The company’s database, comprising over 19,000 sources spanning over 20 years, is used by financial institutions who subscribe to the platform in order to enhance performance and manage risk. RavenPack will use the proceeds to expand in Asia, as well as to go into other sectors beyond financial services.
RavenPack’s platform is used by some of the best performing hedge funds and largest banks worldwide. RavenPack uses AI to turn highly fragmented unstructured content into organised structured data for easier analysis
SmartStream Technologies has completed a proof of concept for an artificial intelligence (AI) and machine learning module within its existing TLM Cash and Liquidity Management solution for receipts and payments.
Technology that meets the market demand for forecasting liquidity has been the backbone of SmartStream’s intraday liquidity management solution. The next phase of the solution’s development is about predicting the settlement of cash-flows. SmartStream has been working on a proof of concept with its clients for profiling and predicted intraday settlement activity, which includes missed payments and receipts identification planned for settlement within current date. Cash management teams will gain
FE fundinfo, a new global fund data services has launched following a merger last year between FE, fundinfo and F2C.
The re-branded company will facilitate more efficient investing across the globe by connecting fund managers and fund distributors and enabling them to share and act on trusted, insightful information. It will bring together all of FE’s, fundinfo’s and F2C’s many years of investment expertise, technology, software and services into a combined and holistic fund data and technology provider.
With roots stretching back to 1996, FE fundinfo has offices in the UK, Switzerland, Luxembourg, India, Czech Republic, Singapore, Australia, Hong
Schwab Advisor Services has laucnhed the Schwab Alternative Investment Marketplace platform, which gives Schwab’s independent advisor clients access to third-party platform sponsors that offer menus of private funds.
The new platform delivers a number of benefits for independent advisors, including removal of custodial fees, streamlined capital call processing, and access to third-party alternative investment funds.
“We continually listen to what advisors tell us they need, and based on their feedback, we’re pleased to provide access for their clients to a growing list of alternative investment funds,” says Jalina Kerr, senior vice president, Client Experience, Schwab Advisor Services. “By working
Schwab Advisor Services is to provide shareholder servicing for funds serviced by iCapital Network.
iCapital will be the first platform provider on the Schwab’s new Alternative Investment Marketplace platform. The agreement will create end-to-end, automated alternative investing processes for advisors who use the Schwab platform.
iCapital’s technology allows advisors and their high-net-worth clients to access, review and invest in alternative investments such as private equity and hedge funds at lower minimums than traditionally required. Under the new management, advisors will be able to view iCapital’s alternative funds on the Schwab Alternative Investment Marketplace platform and manage iCapital investments within
BORSA has shifted its trading, analytics and risk architecture its own MetaTrader 5-based infrastructure to provide reliable and effective control, accompanied by a scaling in its business processes.
“Our fund was looking for a solution allowing us to build a multi-asset infrastructure within a single platform”, says Irek Safin, Executive Partner at Borsa Trade LLP. “This is necessary since we work on different exchanges and with different asset classes, while actively applying arbitrage and speculative strategies. It was not always convenient for our traders to maintain positions via different exchange terminals. Besides, they had to use several disparate risk management
OKEx is the top crypto exchange in terms of derivatives monthly volume, according to a new report from CryptoCompare, a cryptocurrency market data provider.
Although OKEx saw an astonishing derivatives total volume of $90.34B in September, it is still down by 14.9 per cent when compared to August.
But OKEx is not the only exchange that saw a decline in performance, other exchanges’ volumes were also down by 1-19 per cent, as the CEO of OKEx, Jay Hao, commented on Twitter: “It’s been a tough month for us all. But let’s face it. Pain is good. It can’t be
