Solutions
CMC Markets, a spread betting and contracts for difference (CFD) provider, is rolling out to its customers the ability to spread bet and trade CFDs on three new cryptocurrency indices.
The new indices are bespoke to CMC. Their creation and management in-house gives the company full control over composition and absolute transparency in terms of pricing. Each index is made up of a different range of ‘major’ and ‘emerging’ coins. Clients are able to gain economic exposure to a wide range of cryptocurrencies in a cost-effective manner, from a single transaction. Crypto index spreads will also typically be tighter than
JST Capital (JST), a financial services firm focused on solutions for digital assets has launched a full suite of offerings for nstitutional investors, blockchain companies, banks, and brokers in the digital assets ecosystem.
These offerings include over-the-counter (OTC) trading via a sophisticated GUI and FIX connection, risk management modelling, crypto optimisation strategies and consulting services.
JST Capital offers institutions a range of financial services intended to provide them seamless access to crypto markets. Clients can trade with JST using an innovative digital asset trading platform that provides transparent pricing and seamless execution. JST has also developed unique financial structures and risk
Northern Trust has partnered with data management automation specialist Confluence to deliver financial and regulatory reporting solutions for Northern Trust’s European asset manager clients.
Together the organisations are leveraging data technology to streamline how financial documentation is prepared and delivered for fund disclosures – reducing time spent on manual tasks and driving efficiencies to help clients meet reporting obligations in a timely and accurate manner.
Those responsible for investment funds – including asset managers, investors, directors and regulators – must produce a wide range of financial statements and regulatory reports as part of their disclosure obligations.
Todd Moyer
SteelEye, a compliance technology and data analytics platform, has announced Senior Manager & Certification Regime (SM&CR) capabilities within the SteelEye platform, helping firms effectively monitor and manage their compliance.
As a key part of Financial Conduct Authority (FCA) strategy for driving change and mitigating risk for consumers and markets, SM&CR should not be taken lightly. In their recent CEO letter, the FCA highlights the key harms that brokerage firms operating in wholesale financial markets pose and urge CEOs to consider their strategy ahead of the SM&CR implementation for all FSMA-authorised firms in December 2019.
For financial firms, this means a
ITI Funds and the Bitfury Group have launched a partnership to build a framework for cryptocurrency transactions compliance under the respective KYC and AML policies applicable to funds and investment management companies.
The solution, built with Bitfury’s Crystal analytics platform, will be used by a number of fund managers, administrators and risk managers working under ITI Funds’ infrastructure platform.
The Crystal platform is a tool for real-time analysis of transactions on public blockchains (Bitcoin, Ethereum, Bitcoin Cash). It allows users to trace the fund source for specified wallets and assess any potential connections to illegal activities and/or darknet counterparties.
Cappitech has formed an alliance with IHS Markit to deliver the IHS Markit Securities Financing Transactions Regulation (SFTR) solution.
The IHS Markit SFTR solution will integrate Cappitech’s award-winning platform Capptivate to offer a solution that will meet the industry’s SFTR trade reporting needs by automating and streamlining transaction reporting to trade repositories for all securities finance instruments.
It will also support out-of-the-box MiFID II reporting for additional instruments that will be in scope when SFTR goes live.
Pierre Khemdoudi, Managing Director & Global Co-Head of Equities, Data and Analytics at IHS Markit, says: “We look forward to leveraging Cappitech’s
The Depository Trust & Clearing Corporation’s (DTCC) subsidiary Fixed Income Clearing Corporation (FICC) has achieved another milestone in the transformation of the US Treasury market toward central clearing having successfully executed and cleared both cash and repo trades via FICC’s recently expanded Sponsored Service model.
The 2019 expansion of the Sponsored Service broadened the category of market participants who can participate as sponsors, and enabled sponsor member clients to transact in clearing with market participants other than their sponsors (ie “done-away” activity). It is through this expansion that Palafox, part of the Citadel organisation, became the first sponsor to facilitate
Itiviti, a technology and service provider to financial institutions worldwide, has partnered with MIK Fund Solutions, software development firm focusing exclusively on the asset management industry.
MIK OMS integrates in/outbound FIX messaging with all major EMSs via direct FIX connections and hosted connections provided and managed by Itiviti’s NYFIX order routing network. This gives MIK clients access to the NYFIX service delivery platform.
“When we decided to launch our new OMS business, we began looking for a connectivity partner and decided that joining Itiviti’s Global Alliance Program (GAP) was the best option,” says Marshall Saffer, COO at MIK. “NYFIX
Credit Benchmark, a specialist in consensus based credit analytics, has launched a new monthly measure of credit risk for US and European corporates in the industrials sector.
The Credit Benchmark Credit Consensus Indicator (CCI) is an index of forward-looking credit opinions for US, UK and EU Industrials based on the consensus views of over 30,000 credit analysts at 40 of the world’s leading financial institutions.
Drawn from more than 750,000 contributed credit observations, the CCI tracks the total number of upgrades and downgrades made each month by credit analysts to chart the long-term trend in analyst sentiment for industrials. A
JP Morgan’s Data and Analytics business and StatPro, an AIM listed provider of cloud-based portfolio analytics and asset pricing services for the global asset management industry, have formed a partenrship to develop Risk and Performance Attribution capabilities for portfolio managers through JP Morgan’s flagship data and analytics platform.
This offering will provide JP Morgan clients access to StatPro’s Portfolio Analytics platform, StatPro Revolution, alongside JP Morgan’s Fixed Income Benchmark Indices. This will enable front-office decision makers to dynamically manage their risk and performance, while simultaneously accessing the breadth of services JP Morgan makes available on its client platform.
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