Solutions
Prime Trust, a crypto qualified custodian and trust company, has become the first US-based Qualified Custodian to partner with Fireblocks, a secure transfer platform for digital assets.
In the last eighteen months, over USD3 billion of digital assets disappeared from various institutions due to exchange hacks, insider fraud, and human error.
Fireblocks’ technology provides a “secure highway” for crypto that eliminates the theft of private keys or compromise of credential/API keys and deposit addresses. The firm uses multiparty computation (MPC) and patent-pending chip isolation technology (SGX) to secure digital asset transactions from potential hacks and human error. As the first
Vela, an independent provider of trading and market access technology for global multi-asset electronic trading, has added the IMC Electronic Liquidity Providing (ELP) Systematic Internaliser (SI) to its growing list of global SMDS feed handler coverage.
Vela’s software-based feed handling solution, SMDS, provides ultra-low latency, high performance, normalised access with global coverage and support for all major asset classes. Forming part of a wider MiFID II offering, Vela has onboarded a range of Systematic Internalisers helping clients to consolidate all types of disparate liquidity across Europe. The offering can also be fully managed via Vela’s Ticker Plant Appliance.
Technology-driven,
DBS Bank, a financial services group in Asia, has joined the LiquidX Partners network having completed a primary receivables transaction with one of its key relationship clients via the network in the second quarter of 2019.
“Our partnership with DBS marks another step towards building digital ecosystems that enable businesses to deliver efficient and easily scalable solutions to its customers across borders. DBS’ strong digital agenda also makes the bank an ideal partner as they share a common vision that digitisation will play a key role in transforming the transaction landscape for trade finance and other adjacent working capital asset
Crypto Craft, a website that provides market information to cryptocurrency traders, has launched a news feed that breaks market-moving news for Bitcoin, Ethereum, Litecoin, Monero, Dash, and other decentralised coins.
The news feed is the first of its kind in that it marries professional trading standards with a deep understanding of cryptocurrency. When information is impacting the cryptocurrency markets, Crypto Craft is dedicated to having the story first.
“The news feed is our latest pursuit in connecting traders to the markets,” says David Lawrence, President of Fair Economy, Inc., creators of Crypto Craft. “Crypto traders were being underserved, either
Caspian, a full-stack crypto trading, portfolio and risk management platform, has launched pairs trading functionality paving the way for funds looking to use statistical arbitrage and relative value-based strategies.
Currently in use by several clients, Caspian’s price-spread and price-ratio Pairs algorithms enable funds to trade pairs using coins on any of the 35 exchanges Caspian is currently connected to, with coins and derivatives on the same or different exchanges.
“Caspian is the first full stack crypto trading platform to offer pairs algorithms, which demonstrates the maturity of the Caspian OEMS. We are seeing an increasing number of firms adopting
SmartStream Technologies, a financial Transaction Lifecycle Management (TLM) solutions provider, tis partnering with Finanz Informatik Solutions Plus, to help German clients with implementation projects and application management of SmartStream’s Corona solutions, as well as their next generation TLM Aurora offerings.
Under the new agreement, Finanz Informatik Solutions Plus together with SmartStream, will help with the digitalisation of the back-office for a number of large-scale customers in the region. Finanz Informatik Solutions Plus will be involved in the implementation of the reconciliation processes and support release upgrades, as well as the integration of new modules.
This partnership will support reconciliation
BCS Global Markets (BCS GM), has appointed Andrew Richards as Prime Services Sales Director. Based in London, Richards will be supporting the firm’s expansion by strengthening and expanding the global investor base in the US, Europe, Emerging and frontier markets and will report to Tim Bevan, CEO of BCS UK.
Richards (pictured) will also be responsible for selling the firm’s flagship International Prime Services offering, primarily Synthetic/Physical Prime & Execution, to the small- and mid-tier Hedge Fund community across various strategies, including Equity, Derivatives and Fixed Income.
Andrew has over 15 years of experience delivering exceptional business development and relationship
At nearly USD8 trillion, the US defined contribution (DC) retirement market remains one of the largest – and growing – opportunities for asset managers. From 2007 to 2017, net assets grew by 67 per cent, increasing by USD3.1 trillion.
Cryptocurrency trading firm GSR has appointed Xin Song as a specialist advisor to oversee expansion into Mainland China.
With this move, GSR, which already has a presence on three continents and employs a staff of over 30 financial specialists and traders, will be focusing expansion efforts on institutional counterparties in China that have a need for advanced cryptocurrency products and services.
Xin will work with the Global Markets team, leading strategy in Asian markets and continuing to expand GSR’s product offering in Derivatives and Structured Products. Xin has extensive experience in cryptofinance and derivatives, most recently as CEO of
Axioma, a global provider of services including multi-asset enterprise risk management, portfolio construction, performance attribution, regulatory reporting and custom index design, is to integrate OpenFin with its enterprise solution axiomaBlue technology layer.
Axioma will deploy its portfolio risk management dashboard application on OpenFin as the first phase of the partnership. The result is a combined technology stack that provides front and back-end optimization, app deployment, and collaborative workflows for Axioma clients.
Fabien Couderc, Chief Strategy Officer, Axioma, says: “This strategic partnership is the first step in what will be a transformative journey for Axioma as we aim to facilitate a straightforward
