Solutions
Mirador, a provider of bespoke portfolio-performance reporting solutions for high net-worth families, family offices, and wealth management firms, has partnered with Canoe Intelligence to improve and simplify reporting on alternative investments by eliminating manual data entry.
Today’s wealth managers and family offices manage complex portfolios that often include scores of alternative investments such as hedge funds, private equity and venture capital. As a result, these firms are inundated with thousands of documents annually, containing 200,000 or more transaction, valuation and performance data points. Canoe’s technology automates the extraction and management of these data points and documents, allowing firms to refocus
AkinovA Limited has selected Aquis Technologies, the financial and regulatory technologies arm of Aquis Exchange, to be part of its marketplace technology stack.
AkinovA and Aquis Technologies have already developed specific functionalities and services for use in AkinovA’s electronic marketplace for the transfer and trading of (re)insurance risks. AkinovA is incorporating Aquis’ suite of exchange technologies and services, including the market-leading Aquis Matching Engine (AME) together with its state-of-the-art Aquis Market Surveillance (AMS) system. Assistance in the post trade environment will involve reporting and a first line surveillance service.
Aquis will supply AkinovA with an institutional grade, high speed,
ACA Compliance Group’s Head of Prudential Practice, Michael Chambers, comments on the agreement struck last week by the EU for new prudential rules for investment firms across Europe…
New agreement heralds tighter controls for financial firms operating in the EU
Having tracked the development of the new prudential framework for a number of years, it is promising to see that it’s approaching finalisation. We await further news to see which of the amendments proposed by the Parliament and Council make it into the adopted version.
While Brexit impacts all existing and developing EU legislation, it is highly unlikely that the UK will
IHS Markit’s OTC derivatives valuation data is now available to financial institutions for best execution compliance. The time-stamped valuation data can help firms monitor intraday and historic transaction costs across interest rate, equity, FX, credit, commodity and structured product OTC derivatives.
Evolving market practices and global regulations such as MiFID II, PRIIPS and RG 97 aim to gradually increase transparency on the execution quality of financial market transactions. As best execution requirements continue to broaden, the most complex trades in OTC markets have come into scope, creating a need for standardised valuation procedures and reporting documentation.
“Financial institutions need to
Saxo Bank, a fintech and regtech specialist focused on multi-asset trading and investment, is broadening access to Chinese securities, further cementing its position as a gateway to China for its international client base.
Qualified institutional clients are now able to trade mainland China bonds through Saxo Bank. The connectivity is enabled via the Hong Kong based Bond Connect mechanism, which is a mutual bond access programme launched in 2017, allowing overseas and Mainland China investors to trade in each other’s bond markets. The launch of mainland China bonds further strengthens Saxo Bank’s unparalleled global multi-asset trading and investment platforms –
IHS Markit, a specialist in critical information, analytics and solutions, has added new functionality to its Securities Finance platform, a source of data and intelligence on global securities financing transactions.
The enhancements deliver public disclosure coverage for the Japanese market, a global data feed on corporate bond lending activity, an updated model for forecasting short interest in the US and multi-asset performance measurement tools.
“Across the securities financing ecosystem, the pace of innovation is accelerating and in step with market developments, we are providing our customers with enhanced data and analytics to help them manage their businesses with greater
Estera, a provider of funds, corporate and trusts services, has selected eFront as its partner for its multi-million pound investment in a fund administration platform to support the ongoing growth of its global private equity fund administration business, which now represents about a third of global revenues.
Estera has a market-leading European funds capability, offering administration and fiduciary services both onshore and offshore. The consolidation of its current administration platforms into eFront, the world’s leading alternative investment management software and solutions provider, is the next step in Estera’s rapid expansion into the European funds market, which is anchored by a
With information security a key issue for asset managers, a new software platform is aiming to allow directors with no specialist IT skills to monitor the whole of their cybersecurity.
ThreatAware says its platform is unique in allowing board members and senior managers to check the cybersecurity status of all their critical systems and software, and compliance with policies and procedures at the same time. A dashboard provides visibility, alerting users to threats, making it clear what actions need to be taken and by whom, and keeping records for compliance purposes.
ThreatAware is designed for asset managers and other
OpenFin has launched OpenFin Cloud Services, providing banks, asset managers, hedge fund and wealth management firms with their own FDC3-standard private app store and workspace management solution, eliminating the need for time-consuming and costly internal builds.
Driving digital strategy at many financial firms currently is the ‘app store’ concept: once functionality has been unbundled into discrete apps, there needs to be a place where organisations can curate and make discovery an intuitive experience for their employees. The challenge many firms face is that building this capability proves costly and time-consuming. OpenFin Cloud Services provides this functionality turnkey, eliminating the need
TradingScreen (TS), an all-asset class order and execution management system (OEMS), has formed a strategic partnership with BIDS Trading (BIDS), one of the largest block trading Alternative Trading System (ATS) by volume in the US and the technology behind Cboe LIS in Europe.
The new partnership will give the buy-side access to the largest block provider of liquidity in the US and Cboe LIS’ growing liquidity pool in Europe. Market participants can now benefit from quicker execution and access to orders that will promote competition and remove past inefficiencies of trading blocks of shares.
“With over 600 clients connected
