Solutions
4Alts has selected Sudrania Fund Services (Sudrania) to provide fund administration and related services to its multi-manager hedge fund platform with daily liquidity capability.
4Alts was recently created by former HFR and AON executives from Chicago; past HFR Asset Management president John Klimek and Aon pros Paul Sylvia and Rishi Awatramani. The 4ALTS Platform was established with the combined goals of providing a low-cost, all-inclusive solution for emerging managers and providing under-served investors access to small and niche alternative funds.
“4Alts has a very experienced management team and they are taking the right steps to implement new technology into the
SANNE, a global provider of alternative asset and corporate services, has further extended its global reach with the opening of a new office in Mumbai, India.
With existing offices in 18 leading international finance centres, SANNE now has a local presence in one of the world’s fastest growing alternative markets and is also pleased to announce the appointment of Khushboo Chopra (pictured) as Head of Business Development – India.
The opening of this new office expands SANNE’s already strong network of offices across the EMEA, Asia-Pacific and Americas region and adds further capability and scope to the services SANNE
Over the past 12 months the asset management industry has made significant progress in advancing its digital capabilities, according to the latest Digital Readiness Survey from Alpha FMC, an asset and wealth management consultancy.
The study finds that firms are seeking to reinvent both how they interact with their clients and how they operate, and that digitalisation is a key element to success. It shows a continued focus on the use of digital approaches to improve client experience, making the most out of the data they have available, and making use of new technology to drive further operational efficiencies. There
IOWA.rocks, a new financial data marketplace is to provide energy and commodity market data customer with data from Numerco, a specialist in the Nuclear Fuel and Marine Distillate DMA Fuels markets.
Numerco Limited is an independent commodity supply company, specialising in both sourcing and supply chain optimisation of physical materials, energies and industrial products.
Scott Lawrence, Co-Founder and Managing Director at Numerco, says: “The implications of the 2020 reduction of sulphur content of marine fuel is expected to have wide-ranging and significant implications on the global markets at many levels. We are keen to work with industry innovators such as
Pico, a provider of technology services for the global financial markets community, is to acquire Corvil, a specialist in real-time analytics and machine intelligence products for financial markets infrastructure performance and operations.
“With Pico as a premiere technology service provider to the capital markets, our clients have benefited from access to a wide range of top trading technologies within the Pico environment,” says Jarrod Yuster (pictured), Founder and CEO of Pico. “Corvil’s reputation is second to none for innovation, quality, and data analytics in the financial markets, and we have come to rely on their data to support mission-critical systems. Our
INDOS Financial, an independent fund depositary and oversight business, has selected Vigeo Eiris to provide Environmental, Social, Governance (ESG) data to support its independent ESG screening and verification service to asset managers and their stakeholders.
Under terms of the agreement, Vigeo Eiris will provide INDOS access to ESG and Corporate Social Responsibility data allowing it to screen, independently, investment portfolios and provide bespoke reporting as part of a wider independent ESG oversight and verification service.
The INDOS service will enable its clients to demonstrate compliance with ESG policies and mandates, mitigating the risk of greenwashing, whilst providing internal and external
TriOptima, an infrastructure service that lowers costs and mitigates risk in OTC derivatives markets, has reduced notional outstanding at Eurex Clearing by 26 per cent following a record compression run on 26 June, 2019.
The latest run, which equates to USD3.9 trillion worth of cleared euro interest rate swaps (IRS) and Forward Rate Agreements (FRAs), represents a 143 per cent increase on the previous record of USD1.6 trillion.
The record comes as market participants continue to utilise TriOptima’s triReduce service to cut their gross notional exposure. By eliminating transactions through triReduce in a clearing house environment, firms go one step
Profile Software, a financial software solutions provider, has released the latest version of Login’s Acumennet, a treasury management solution that is available in the cloud, on Amazon Web Services and Microsoft Azure platforms.
Acumennet is based on the latest technologies and provides multiple options for deployment which enable interoperability, scalability and costs efficiencies.
Acumennet is a flexible Front-to-Back Treasury Management platform that has been implemented in various countries across the world on a single instance and multi-entity or as Treasury hub with the ability to operate 24×7 being online and in real-time. Having been recently upgraded, the dashboard includes numerous widgets
The Derivatives Service Bureau (DSB) has announced the results from its first consultation of 2019, and the opening of its second consultation aimed to shape the DSB service provision for 2020.
The DSB was founded by the Association of National Numbering Agencies (ANNA) to facilitate the allocation and maintenance of International Securities Identification Numbers (ISINs), Classification of Financial Instrument codes (CFIs) and Financial Instrument Short Names (FISNs), for OTC derivatives.
The first consultation closed on 5 June 2019, and sought responses on a series of questions regarding the DSB’s service and functionality from both direct and indirect users. A total
Latin American investment bank Banco BTG Pactual, together with Dubai-based asset manager Dalma Capital, are to utilise the Tezos blockchain for security token offerings (STOs), including the ongoing REITBZ STO.
By utilising the new platform for digital securities transactions, the financial institutions address a deal pipeline in excess of USD1 billion for existing and prospective token issuances – with an outlook to utilise Tezos to tokenise a wide variety of traditional and alternative investments.
As governments worldwide and in the Middle East take measures to introduce digitalisation initiatives across industries, blockchain spending globally is to reach USD2.9 billion this year, and USD307
