Solutions
Exchangelodge, a provider of SaaS digital process automation and data integration solutions to alternative investment managers, has launched Exchangelodge Version 2.0, which includes a Fund Administration Oversight module.
The latest release of the Exchangelodge platform brings together a number of new features and added system functionality, providing substantial benefits to Alternative Investment managers.
“Exchangelodge allows alternative asset managers, investors, and administrators to automate key business processes,” says Robert Caporale, CEO of Exchangelodge. “Our new Fund Administration Oversight module eliminates the need for costly shadow accounting and manual reconciliations.”
The Fund Administration Oversight module automates a fund of hedge fund
All counterparty groups covered by Phase 4 of the Initial Margin (IM) rollout under the Uncleared Margin Rules, including four new in-scope buy-side firms, have now been successfully onboarded onto AcadiaPlus.
AcadiaPlus is a standard, open communications platform that provides the sell-side, the buy-side and fund administrators with specialist applications and a third-party partner ecosystem that enables straight-through-processing of the entire risk-mitigation lifecycle. AcadiaPlus encompasses the company’s flagship services, including Initial Margin Exposure Manager (IMEM) and Margin Manager, and serves as a central source of standardised data for the industry. AcadiaSoft has now integrated all counterparty groups covered by IM
Commcise has launched COMMCISECM offering a stand-alone Commission Management platform designed specifically to help US asset managers and hedge funds obtain a full commission wallet view of their entire trading activity.
COMMCISECM is designed to provide asset managers with a turnkey solution that automatically unbundles every trade (full-service and soft dollar) and additionally provides a technology-based trade reconciliation engine. This means asset managers instantly get greater transparency on research spend and can materially increase their spending power with their research providers.
As a cloud-based solution, COMMCISECM provides an automated, transparent, virtual aggregation platform that allows US asset managers to
The Depository Trust & Clearing Corporation (DTCC) and Accenture have published a white paper, Governing DLT Networks, which outlines a DLT governance operating model to manage risks and consequences of an evolving DLT landscape.
The aim is to ensure the safety and soundness of the network for the benefit of all participants and to better enable DLT to reach its full potential.
DLT has attracted global attention for its potential to modernise and improve corporate and enterprise operations. The model proposed in the paper addresses the responsibilities and critical functions in operating and maintaining a DLT platform, including a
Capital markets software specialist genesis has launched a post-trade product suite and strategy designed to automate workflows.
genesis believes that all post-trade operations need to automate to adapt to the constantly changing industry environment driven by business opportunity, regulation, client demand and internal governance.
All genesis products and solutions are built using the genesis micro-services framework, business component library and development acceleration tools which the company says facilitates the implementation and deployment of agile, scalable and robust products and solutions, quickly and efficiently, and significantly cuts production/implementation timeframes to days and weeks. Business problems are broken down into
Centaur is planning a series of celebrations to mark the tenth anniversary of its launch in the fund administration space, having first opened its doors to business in Dublin back in 2009.
The firm will be celebrating what it describes as ‘an exceptional first decade of fund administration’ with events on both sides of the Atlantic including a 10th birthday party in New York in September.
Over the last 18 months Centaur, which provides independent fund administration and regulatory services to hedge funds, funds of funds, private equity and real estate funds, insurance-linked securities funds, family offices and institutional investors,
Tether, the USD pegged Stablecoin (USDT), can now also be used to subscribe on BitSpread’s BlockBerry.com an online crypto wealth management and trading platform run by the BitSPread Group.
BlockBerry Wealth Management provides access to cryptocurrency investment strategies for sophisticated investors such as institutions, family offices, wealth managers and high net worth individuals. BlockBerry Trading is a tiered service platform that provides users with professional quality cryptocurrency trading services such as ready-to-trade and bespoke algorithms, click-through trading and option pricing.
Giancarlo Devasini, CFO of BitFinex, says: “We are excited BitSpread has made the decision to accept Tether as payment
The European Energy Exchange (EEX) intends to merge Powernext activities into EEX on 1 January 2020, subject to the required approvals.
Through the integration of Powernext into EEX, the exchange will offer all products at one single market place while simplifying the admissions of new participants. Members will be able to easily trade a larger EEX portfolio including natural gas, power and emission allowances.
As a result, customers will gain access to increased trading opportunities and a growing liquidity pool, while continuing to benefit from cross margining effects as ECC will remain the central counterparty for clearing transactions. At
Leaseweb, a provider of cloud hosting services, has selected the maincubes AMS01 data centre as a strategic location for further expanding its Amsterdam data centre presence.
Meeting Leaseweb’s standards with regard to energy-efficiency, compliance and high-redundancy, maincubes AMS01 offers Leaseweb wholesale space with ample growth perspective to scale its server and network infrastructure in Amsterdam.
As an Infrastructure as a Service provider, Leaseweb currently operates 20 data centres at locations across Europe, Asia, Australia, and North America. After announcing the opening of a new data centre facility in Miami earlier this year to expand its hosting potential in the
Fund managers may be unaware as to exactly where and how much money is being spent with brokers due to a failure to fully review all their relationships qualitatively and quantitatively.
That’s according to new research from OpenGamma, which reveals that despite the majority of fund managers having formal broker review processes in place, a mere 11 per cent assess how all their brokers are actually performing.
The study, carried out over a two-month period across 22 investment management firms, also looks at whether or not fund managers are calculating the implicit costs of trading. The findings showed that
