Solutions
Traiana, an infrastructure service for trade lifecycle and risk management solutions, has launched a new service to fully automate the post trade lifecycle management of the multi-trillion dollar equity swaps market.
Traiana says its Equity Swaps Lifecycle Management service will transform the market’s previously manual, labour intensive and inefficient post trade affirmation processes for clients globally.
Equity Swaps Lifecycle Management normalises data reported by swap providers and conducts reconciliation and affirmation of daily valuations, payments and legal confirmations to identify any changes to the underlying swap attributes. It also improves the longstanding negative affirmation issues in the equity swaps market
EEX Group is planning to extend its Power Derivatives offering in the first half of 2020 by launching Trade Registration services for Japanese Power Derivatives.
Following meetings in Tokyo this week, the Ministry of Economy, Trade and Industry (METI) in Japan have confirmed EEX Group’s plans to launch clearing services for financially-settled Japanese power derivatives is allowed under the Japanese Commodities Derivatives Act. The new product offering, which is subject to standard European regulatory approval, will be the first Asian market area on the EEX Power Derivatives platform, which currently comprises 20 market areas in Europe. The EEX Group Japan
Tradeweb Markets has introduced a series of new features aimed at optimising offshore investors’ access to the Chinese Interbank Bond Market (CIBM).
The launch of dealer streaming prices and iDeal – a messaging tool developed by the China Foreign Exchange Trade System (CFETS) – on Tradeweb was announced during the Bond Connect Anniversary Summit in Hong Kong this week.
Hedge funds enticed by higher yields in the Far East
“In addition to pre-trade allocation, clients trading Chinese bonds on Tradeweb benefit from improved price discovery, access to a deep pool of liquidity, and operational efficiency thanks to end-to-end electronic workflows,”
Tokenise’s digital asset platform Daxnet has been granted a Self-Regulatory Organisation (SRO) license by the Financial Services Commission (FSC), Barbados. Daxnet, powered by Tokenise, will now launch a multi-jurisdictional platform with a single, unified global order book.
Tokenise will enable issuers to tokenise traditional and new asset classes utilising blockchain technology, providing streamlined processes and market access for issuers and investors. These foundations create a full end-to-end solution for capital raising, enabling the primary issuance, secondary trading, clearing, settlement and registration of tokenised securities.
Through this structure Tokenise aims to create a market and trading infrastructure that will provide wider access,
The European Energy Exchange (EEX) increased its volume on the power derivatives market in June by 14 per cent to 263.6 TWh compared to the previous year.
This growth was driven in particular by the German (161.8 TWh, +22 per cent) and French (27.5 TWh, +25 per cent) power derivatives markets. On 3 June, EEX added futures contracts for Bulgaria, Serbia and Slovenia, allowing trading participants to now trade and clear 20 market areas throughout Europe. In the new CSEE futures contracts EEX recorded a volume of 382,128 MWh during the month.
In the EEX emissions trading market, the volume
Lendingblock, a regulated, open exchange for institutional borrowing and lending of digital assets, has partnered with Caspian, the institutional crypto trading platform.
This partnership enables essential market infrastructure for borrowing and lending digital assets to be scaled to institutions globally.
The integration between Lendingblock and Caspian will offer institutional investors that use Caspian’s order-execution management system across both digital assets and traditional capital markets the opportunity to access cryptocurrency lending markets for additional yield-enhancing opportunities. Banks, market makers, hedge funds, asset managers and trading firms can now facilitate lending and borrowing across multiple digital assets for arbitrage, short selling, working
To gain an advantage in today’s hyper-competitive world, asset managers must not only evolve their operations, but they must also discover new ways to leverage them. Managers must be operationally adept; particularly in a business that grows more costly and complex, they need an infrastructure that will equip them to better meet client needs, satisfy regulators and compete more effectively.
SANNE, a global provider of alternative asset and corporate administration services has obtained a new bookkeeping licence in China expanding its existing product offering in the country.
SANNE can now offer bookkeeping, accounting and tax preparation services for Chinese registered entities.
Jing Jing Qian (pictured), Managing Director, Asia-Pacific says: “We are delighted to have obtained this new licence. It underlines SANNE’s trusted reputation as a global leader in providing fund accounting and corporate administration services and aligns with our expansion plans as we double our head count in China, strengthening SANNE’s commitment to the Chinese market.”
Mark Law Chief Commercial
Apex Group (Apex), has successfully closed the acquisition of the Corporate and Private Client Services (CPCS) and Throgmorton businesses of Link Group’s Asset Services division.
The acquisitions add over 600 employees and 6,000 clients to the Apex Group, across multiple markets, and bolsters Apex’s corporate services capabilities adding specialist hubs in the UK, Jersey, Ireland, Luxembourg, the Netherlands, Hungary and Switzerland.
Over the past eighteen months, Apex has continued to expand its capabilities to meet client demand successfully executing a programme of strategic acquisitions to deliver on its ambition to offer a unique end-to-end solution for global asset managers
Innovation in the funds industry tends to be an overused buzzword. This is understandable, given that innovation touches all aspects of our daily lives, from the way we measure our health and fitness to the way we travel and work. There is a natural tendency, therefore, for companies to say that they are constantly innovating as if, by not doing so, they risk being seen as obsolete.
Thirteen years ago, Opus Fund Services was borne out of the need to introduce true innovation in response to the over-reliance on inefficient, manual-driven processes that prevailed in incumbent fund administration groups. The
