Solutions
ULTUMUS, a global provider of ETF, index and dividend forecast data, has formed a strategic data and technology alliance with NUVO PRIME, developers of SwapScale, an enterprise grade, swaps trading platform built for the cloud.
The partnership will provide mutual clients with the ability to better access and use ETF, index and dividend forecast data ensuring timeliness and accuracy for all aspects of swaps trading, pricing and reporting.
The prime finance space is rapidly evolving, not only as new companies come to market but also for incumbents who must now confront the high costs and inflexibility of legacy technology
genesis, an international capital markets software firm, has launched the Automated Quoting System (AQS) which aims to automate internal workflows between trading desks, institutional clients, asset managers and wealth managers, leaving traders free to focus on risk management and market opportunities.
All trading desks need to automate to meet their regulatory obligations and prove transparency. For fixed income desks this is a top priority, not just in the wake of the new regulation impacting the market, but to reduce costs, improve efficiency and redefine operating models.
In the journey towards electronification, trading desks often rely on legacy workflows; quotes,
More than half (52 per cent) of senior decision-makers in financial services organisations across the US and Europe update or replace in-house solutions because they become technologically outdated. That’s according to a new in-depth study, commissioned by Asset Control.
Further underlining the ongoing need to adapt their in-house technology, 49 per cent of the sample said they were driven to schedule changes by ‘the increase in digitalisation within the business’ and 48 per cent by ‘the need to keep pace with the competition’.
All of this highlights the difficulties financial services firms face in implementing in-house systems. 94 per
Fund administrator Apex Group (Apex) has selected GoldenSource to deliver its centralised pricing and reference data service.
GoldenSource’s EDM SaaS solution is designed to deliver improved operating and cost efficiencies through the standardisation of data management across multiple business functions. Apex plans to leverage the platform to support its ongoing impressive growth trajectory with the smooth integration of systems and applications.
The Apex Group delivers a broad range of services to asset managers globally, from fund administration and corporate services to middle office, banking and depositary solutions. The group’s total asset under administration (AUM) is now USD600 billion with
Euronext’s FastMatch consolidated central market data product, the FX Tape, is now available to all QuantHouse clients via the QuantHouse API Ecosystem store.
Euronext says its FastMatch FX Tape is the only consolidated FX tape available in the market, making pre- and post-trade benchmarking possible for the first time. The FX Tape includes transactions from a wide variety of market participants and sources, including FastMatch’s ECN, delivering a reference point for executed trades in the spot FX market.
Available globally as part of the QuantFeed product that normalises and disseminates market data for more than 140 feeds, FastMatch’s FX
Cryptocurrency exchange and custodian Gemini Trust (Gemini) has joined the BT Radianz Cloud, a secure networked financial cloud community which consists of thousands of brokers, institutions, exchanges and clearing and settlement houses.
Founded in 2014 by Cameron and Tyler Winklevoss, Gemini offers customers the ability to cross connect directly to its trading infrastructure –  matching the sophistication of major global equities and derivatives exchanges. By joining the Radianz Cloud, Gemini taps its global market reach and ability to scale with a commercial structure familiar to large institutions. Institutions that are already members of the Radianz Cloud community can benefit from
Independent equities broker Redburn is to implement Synapse, a new sales insight product from Feedstock.
Synapse captures every client email sent in and out of organisations and is designed to deliver enriched, automatically categorised CRM data using AI, whilst tracking how people engage with emails and their content. The system is designed for modern businesses tracking each communication, across every device without the need for email plugins, behaviour change or any manual inputs.
Feedstock says Synapse delivers 10-times more client insights than traditional CRMs for both the client facing operators and management teams. Legacy CRM systems produce incomplete and
With so much bandwidth being absorbed by the gravitational pull of Brexit, hedge fund managers could be forgiven for paying short shrift to the Senior Managers and Certification Regime, which formally comes into effect on 9 December 2019.
Set to replace the existing UK Approved Persons Regime (APR), it is a relatively straightforward regulation, intellectually speaking, and nowhere near as daunting as the 7,000 page tome of MiFID II, but even so managers are advised not to leave it too late to ensure senior managers have been properly trained and made aware of their roles and responsibilities.
As Robert Quinn
Marcus Swanepoel, CEO and Co-Founder of cryptocurrency exchange Luno gives comments on the launch of JP Morgan’s JPM Coin and what it means for the cryptocurrency market as a whole…
The announcement of JPM Coin has had little impact on the market because if you look under the hood, it’s not really a cryptocurrency. In reality, it’s a closed loop system that only JP Morgan uses, and only for their clients, as you need permission from JP Morgan to use its coin. Whereas, a genuine cryptocurrency is accessible to everyone. By running JMP coin solely on blockchain network Quorum, JP Morgan
Nasdaq Dubai has today launched futures trading on FTSE Russell’s FTSE Saudi Arabia Index, which tracks 46 Saudi Arabia-listed companies. The futures are designed as investment tools for global and regional investors including funds that use the index as a benchmark for investing in Saudi equities.
The move is part of a rapid expansion of Nasdaq Dubai’s equity derivatives market covering Saudi Arabia, whose Tadawul stock market is the largest and most heavily traded in the Middle East. Nasdaq Dubai launched single stock futures trading on 12 Saudi companies last month.
Ringing the opening bell at Nasdaq Dubai MarketSite
