Solutions
Pzena Investment Management, a USD37 billion equity manager based in New York, is to implement IHS Markit’s Enterprise Data Management (EDM) solution.
The firm will be using EDM to master securities and issuers and will also leverage the solution as a data hub for prices, accounts and other entities in the future.
“Following an internal data and operations review, we decided that it was the right time to invest in an enterprise data management solution,” says Evan Fire, Chief Information & Operations Officer and Chief Information Security Officer at Pzena Investment Management. “We conducted a review of several EDM
Fonetic has launched new enhancements to its communications surveillance and trade reconstruction platform Trade Comms Suite.
These updates will allow financial institutions to adopt voice and communication surveillance quicker while taking advantage of the most accurate voice surveillance platform currently available.
Among the additions are improved precision to financial language models and speech signal treatment. The new surveillance engine, which has been evaluated against the leading voice surveillance vendors in numerous proofs of concepts, has surpassed the nearest competitors by 15 per cent according to the data received. Apart from offering high accuracy in English, Fonetic is available in more
Acuris, a BC Partners and GIC-backed provider of global data, intelligence, research and analysis, has acquired Blackpeak, an investigative research firm.
Co-founded by Jack Clode and Chris Leahy in 2011, Blackpeak has grown to become a premier provider of complex due diligence, research and investigation services, particularly in relation to capital markets, M&A and private equity. The team’s experience, strong brand and deep customer relationships have allowed Blackpeak to gain a market leadership position and expand internationally, all while generating consistent profitability.
Headquartered in Hong Kong, Blackpeak now operates from key financial and economic centers, including Singapore, Tokyo, Shanghai, Beijing,
SmartStream Technologies, the financial Transaction Lifecycle Management (TLM) solutions provider, has partnered with Cassini Systems, a lading provider of pre and post trade margin analytics for buy side derivatives trading, to help financial institutions comply with BCBS-IOSCOmargin requirements for uncleared OTC derivatives.
BCBS-IOSCO defines rules for margin requirements on Uncleared Over-the-Counter (OTC) derivatives known as Uncleared Margin Rules (UMR). ISDA has developed a Standard Initial Margin Model (SIMM) that can be used by market participants to provide a transparent and standardised margin methodology of bi-lateral trades. The roll out of UMR rules has now reached the buy side with phase
Malta-based digital asset exchange OKEx has launched Advance Limit Order Options for spot trading, margin trading, futures, and perpetual swap on OKEx.com, OKEx App, and API – Post Only, Fill or Kill, and Immediate or Cancel.
The exchange has also unveiled full-screen trading for perpetual swap on the website, offering a fully-immersive experience in digital asset trading.
Developed based on the trading mechanism of a traditional stock market, the new order options enable traders to trade digital assets at a desired or even better prices. The regular Limit Order is defaulted to Good Till Canceled.
The Post Only order will
In a three-day technical workshop, EEX has engaged with staff of Shanghai Environment and Energy Exchange (CNEEEX) and other Chinese stakeholders, sharing its experience in the operation and supervision of an emissions trading platform.
The workshop was organised by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) in cooperation with CNEEEX. In addition to EEX, the German Emissions Trading Authority (DEHSt) joined the discussion and provided views from a legal and regulatory perspective.
The discussions which were held in Shanghai between 12-14 March were aimed at supporting the construction of the national ETS trading platform in China. In this context, EEX experts
Oak Trust Group, Consortia and Kreston IOM, which between them have offices in Guernsey, the Isle of Man, Jersey, Malta and Mauritius – have come together to form Oak, a new private client, corporate services and fund administration group.
The new business, which is headquartered in Guernsey, employs 160 people across the five jurisdictions.
Stuart Platt-Ransom has been appointed the chief executive officer of Oak. Previously chief executive officer of the Legis Group, he has more than 25 years’ experience in the financial services sector.
Oak is backed by the Financial Services Opportunities Investment Fund, a Guernsey-based, International Stock Exchange
EuroCCP, an equities clearinghouse, has obtained the necessary regulatory approvals to provide post-trade services to the EU-based entities of Aquis Exchange, Cboe Europe Equities and Turquoise.
Working together, Aquis Exchange, Cboe Europe Equities, Turquoise and EuroCCP have developed a facility that will enable customers to continue with their trading and clearing activity post-Brexit. Specifically, it is expected that the EU-based entities of the three trading venues will offer market participants the ability to trade in EU-listed securities following Brexit, while continuing to operate their UK-based trading venues for the trading of UK and Swiss-listed securities. EuroCCP will activate the clearing arrangements
Emerging market equities (EME) suffered heavy losses during 2018, however, they finished the year more strongly in relative terms, sustaining a 7.5 per cent loss of value during Q4, compared with a 13.5 per cent slide for the S&P500 and a 13.4 per cent decline for the MSCI World.
That’s according to one of a pair of new reports from CAMRADATA, a provider of data and analysis for institutional investors.
The second report reveals that emerging market debt was also under pressure for much of 2018, from a strong US dollar and dynamic US economic performance. But the sector
EBS, a provider of electronic trading platforms and technology services in foreign exchange markets, is to launch a new API streaming service on the EBS Quant Analytics platform, a community-based analytics tool.
The new functionality is expected to launch in the second quarter of 2019 and will stream trade information, market impact and alpha calculations on a trade-by-trade basis to clients. Using benchmark data taken from the entire EBS ecosystem, the Quant Analytics platform provides insights that allow clients to analyse trade flows, optimise execution efficiencies and benchmark their performance against the EBS community, including statistics on averages for
