Solutions
Traiana, an infrastructure service for trade life-cycle and risk management solutions, has made significant enhancements to its Credit Risk Hub.
FX prime brokers (FXPBs) can now define trade information in more detail to increase credit risk controls and reduce the risks of credit over-allocation.
Traiana’s Credit Risk Hub comprises two services; Designation Notice Manager (DNM) which helps FXPBs establish, monitor, amend and terminate FX Tri-Party Agreements with buy-side clients if they default on a trade; and CreditLink, a calculation engine which provides FXPBs with end-to-end control of how much credit is extended to buy-side clients.
Beginning this May, the Credit Risk
Catena Technologies has completed early testing of its trade reporting platform with trade repository REGIS-TR for Securities Financing Transaction Regulation (SFTR) reporting.
The partnership between Catena and REGIS-TR will enable financial institutions to use these platforms together to automate SFTR reporting to regulators in the required ISO 20022 format. Customers will also be able to report OTC derivative transactions to EMIR using this combined technology solution.
Catena’s TRACE Reporting is a software-as-a-service (SaaS) platform that manages a wide range of functional requirements for trade reporting, including cross-asset multi-jurisdiction determination, valuation and collateral reporting, pre-submission validation and reconciliation. It works together
Hazeltree, a provider of integrated buy-side treasury management solutions, has release of Hazeltree Securities Finance Version 7, a comprehensive portfolio finance solution integrated with new market coloru, benchmark and intra-day rates, and utilisation trends.
Hazeltree Securities Finance Version 7 enables hedge funds, asset managers and beneficial owners to identify and monitor treasury market inefficiencies and opportunities, obtain demonstrable best-execution financing rates, attribute and record financing accruals on a portfolio or strategy basis, and efficiently transfer securities with OneClick between prime brokers, custodians and banks.
Using Hazeltree Securities Finance Version 7, industry participants benefit from insight offered by Hazeltree’s leading market
Switzerland-based data giant SIX and Eagle Investment Systems, a BNY Mellon company, have expanded their existing alliance to help Eagle clients source global sanctions data. SIX and Eagle have had a relationship since 2011.
Eagle clients can now source sanctions data directly from SIX for use within Eagle solutions. The alliance will help to streamline efforts by clients to source, validate, and align sanctions data with existing portfolio data, helping firms minimise the risk of reputational damage and fines that can result from dealing with sanctioned entities.
“Alliances, such as SIX, are critical to our mission of bringing services and
Estera, a provider of funds, corporate and trust services, has moved to its new, state of the art offices in Guernsey. It will see the firm’s fund administration, accounting and reporting services, as well as their corporate and trust services offered from one high-specification office.
Estera acquired Heritage Financial Services Group and Morgan Sharpe in 2017 making it one of the island’s largest administrators. The move to the 17,600 sq ft offices at Trafalgar Court in St Peter Port, brings together the 100 members of the Guernsey team under one roof.
Farah Ballands, Chief Executive Officer at Estera, says:
Mosaic Smart Data, a real-time capital markets data analytics company, has completed an USD9 million investment round to support its rapid product development and global expansion.
The round was co-led by CommerzVentures and Octopus Ventures and includes JP Morgan – an existing investor and client.
Daily trading activity in the capital markets generates vast quantities of raw transaction and pricing data. Institutions are increasingly looking to extract the value from this, largely untapped, data asset. Annual spending on data analytics and market data has now grown to over USD30.5 billion a year. Being able to refine this raw data
Institutional Advisory Services Group (IASG), an independent advisory firm specialising in alternative investments for institutional and high net worth investors, has launched a new company – IASG Fund Services (IASG-FS).
Incorporated in 2019, IASG-FS will offer fund services to investment managers. This new company, majority owned by the Jonkheer family, has partnered with a known operator in the fund administration business. Through this operator’s innovative SaaS platform, Seamless Solutions, IASG-FS will sell fund administration services and products to managers. These services include but are not limited to back-office, shadow accounting, investor services, cash management, cloud technology, document storage and cybersecurity.
Catena Technologies has extended its collaboration with UnaVista, part of London Stock Exchange Group, to help firms prepare and comply with Securities Financing Transactions Regulation (SFTR) transaction reporting.
Catena has extended its membership of UnaVista’s Partner Programme to include SFTR. This will now enable its customers to automate trade reporting submission and post-submission reconciliation for SFTR, in addition to EMIR and MiFID II. Catena’s TRACE Reporting is a software-as-a-service (SaaS) platform that manages a wide range of functional requirements for trade reporting, including cross-asset coverage, valuation and collateral reporting, reconciliation, and multi-jurisdiction support. Catena’s award-winning reporting solution works together with
DNCA Finance, an asset manager with EUR25 billion in AuM and part of Natixis Global Asset Management group since 2015, has deployed Alphametry Investor, a cloud-based research management solution, to its entire organisation.
Alphametry Investor helps asset management firms control their research spending and painlessly comply with the new inducement rule under MiFID 2 unbundling regulations. Its powerful and user-friendly web application allows portfolio managers to better leverage internal and external research content. Centralised and structured research inputs enable compliance to easily retrieve the research documentation timeline linked to investment decisions.
Jean-Charles Meriaux, fund manager and CIO at DNCA Finance,
Oak, a new private client, corporate services and fund administration group, has acquired International Administration Group (IAG).
Founded in 2000 by Mark Woodall and Alison Simpson, IAG is a specialist fund administration business headquartered in Guernsey with a team of 43 people. IAG delivers bespoke fund administration and depositary services to private equity, open-ended, listed and alternative asset fund structures and will become the centre of fund expertise within the Oak business.
Oak, which is headquartered in Guernsey, launched in March this year. The business is the consolidation of Oak Trust Group, Consortia Partnership and Kreston IOM which between them
