Solutions
FINSIA, an Australasian financial services professional body, is to introduce an ethics test for Australian Bankers and securities market professionals. The test has been developed in partnership the Chartered Institute for Securities & Investment (CISI).
Chris Whitehead, FINSIA CEO, says: “FINSIA’s purpose is to raise standards of professionalism with the intention of rebuilding trust in the Australasian financial services sector. There is no better time to launch the ‘IntegrityMatters’ program with conduct and decision-making being placed under the microscope post Royal Commission.
‘IntegrityMatters’ is part of a suite of CISI products, including the ‘Integrity in the Workplace’ workshop, focusing on
Broadridge Financial Solutions has integrated SWIFT global payments innovation (gpi) for its corporate clients and is now on-boarding users.
The solution, introduced to enhance the speed, transparency and end-to-end tracking of cross-border payments, is now available through Broadridge’s financial messaging application (FinMApp) to all SWIFT members.
Having successfully integrated SWIFT Standard Release 2018, Broadridge clients can access the market infrastructure’s gpi technology through FinMApp, which delivers transaction monitoring, management, translation and reporting features on international payments to over 100 multi-national organisations. The move comes well in advance of the 2020 deadline set out by SWIFT to transfer all cross-border
Fintech company Quoine is to integrate KRM22’s market surveillance product on its Liquid platform which provides trading, exchange and next generation financial services powered by blockchain technology.
Inspired by the disruption introduced by blockchain and digital currencies, Quoine focuses on making financial services accessible to all. It provides cryptocurrency software that offers superior security capabilities and liquidity, and makes buying and selling of digital assets easy using Bitcoin, Ethereum, QASH and multiple fiat currencies.
Liquid will use Irisium to identify and investigate manipulative behaviours and suspicious trading practices on its exchange, allowing for greater control and improving market integrity.
Platinum Asset Management, an equity-focused global investment manager based in Australia, has gone live using Catena technology’s TRACE Reporting solution to meet its OTC derivatives transaction reporting requirements for European Market Infrastructure Regulation (EMIR).
Platinum will also be taking advantage of enhancements to TRACE Reporting that support Australian lifecycle reporting, which is required by Australian regulators beginning in July 2019. 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, including ASIC, CFTC, EMIR, HKMA, MAS, MiFID II, and Securities
Eze Castle Integration has added new features to the Eze Client Portal allowing clients to visually explore and analyse data associated with their IT environment and operations and create interactive dashboards and reports.
By incorporating Microsoft Power BI business analytics into the platform, the Eze Client Portal is more valuable than ever. Clients can easily customise interactive dashboards and drill-down to explore and analyse data and information. Modern visualisation capabilities, such as word clouds, allow clients to easily identify trends within their service ticket activity and technology environments.
The newest features complement existing Eze Client Portal capabilities including creating and
Morgan Creek Digital is to be the lead anchor investor in Ikigai Asset Management’s flagship fund focused on executing systematic and fundamental liquid hedge fund strategies as well as opportunistic venture-stage crypto asset investments.
Ikigai is a crypto asset management firm launched in December 2018 by former Point72 Portfolio Manager Travis Kling and partners Timothy Lewis, and Anthony Emtman.
Morgan Creek Digital, founded by Mark Yusko (pictured), Jason A Williams, and Anthony Pompliano raised USD40 million and is the only blockchain venture fund to-date to have publicly received investments from public pension funds. Alongside Ikigai, Morgan Creek Digital has previously
Former US Congressman Richard H Baker, the President and CEO of Managed Funds Association (MFA), is to step down from his positions, effective 31 December, 2019.
In a speech to the Exchequer Club of Washington DC, Baker (pictured) reflected on MFA’s decade of progress since the financial crisis – a time of transformative change for the global hedge fund industry – and shared policy recommendations to strengthen capital markets and help facilitate continued growth.
“The financial crisis dominated my first year at MFA. It also set the stage for a sweeping revamp of our financial regulatory structure. From the
genesis, an international capital markets software firm, has worked with Linear Investments, a specialist prime broker and hedge fund incubator, to launch Real-time Portfolio Margin (RPM), a new scalable solution for cash & margin management in real-time.
RPM delivers interoperable technology, with the flexibility to meet the varying requirements of Linear Investment’s clients. Designed for prime brokers who need to be able to better assess the risk of clients and prospects whilst managing their holistic relationships with their own brokers.
It comes in response to Linear not being able to find an off-the-shelf solution to meet their needs for asset
A new survey by Eze Castle Integration has highlighted the current technology and cybersecurity priorities for investment management firms.
The 2019 Global Investment Management Survey, conducted in partnership with Microsoft and IDG Research, canvassed the views of 150 senior-level executives from the United States and United Kingdom, and its findings cover technology priorities, cybersecurity plans and concerns, outsourcing attitudes and trends, and IT budgeting.
The study shows that small and midsized investment firms worldwide are focused on building out their IT infrastructures. Seventy percent of respondents surveyed indicated IT investment as their top organisational aim (24 per cent) or ranked
The need to implement artificial intelligence (AI) into daily practices in order to cope with regulatory pressures and data management, were reoccurring themes during this year’s TSAM London event.
The increasing demand to transfer to an AI enabled model, reduce costs and overcome challenging geopolitical environments, are central issues facing the asset management industry this year.
During one session exploring the AI revolution in asset management, the majority of the audience, 78 per cent believed that the potential of AI will give their firms a competitive advantage.
Despite this, the asset management industry remains slow to fully embrace
