Solutions
Avelacom, a provider of global connectivity and IT solutions provider for the financial services industry, has selected Interxion as its data centre partner in Ireland.
As Dublin’s financial industry continues to thrive with the growth of fintech, banking and cryptocurrencies, Avelacom is launching its latest point of presence (PoP) in Dublin to meet the growing demand in the Irish market. This growth is driven by new cryptocurrency trading platforms based in Dublin, international financial services expanding their services in Ireland and Ireland’s growing economy. To support this expansion Avelacom is working with Interxion to extend its low latency network to
Financial services consulting firm Oyster Consulting (Bermuda) Ltd has appointed Ann Daniels to provide consulting services with an emphasis on AML/CFT and Risk Compliance.
Daniels (pictured) brings more than 15 years of experience in Regulatory Risk and Compliance in the financial services industry. Ann’s compliance and consulting roles with small firms, law firms, investment businesses honed her skills, including the development, implementation and oversight of Compliance programs. Daniels’ experience also includes the development and implementation of AML/CFT risk assessment policies, procedures, and training; automated monitoring systems; risk assessment methodologies; the implementation of standards and a program of oversight compliance professionals.
Caspian, a full-stack digital asset trading and portfolio management platform for institutional investors and sophisticated traders, has confirmed that Singapore-based KuCoin will be the first exchange to list its Caspian Token (CSP).
CSP is an ERC-20 utility token which offers discounts and incentives on the use of the trading platform as well as the development of unique third-party tools and features.
Caspian provides investment managers and traders with a comprehensive Order and Execution Management System (OEMS), Portfolio Management System (PMS) and Risk Management System (RMS). Caspian is a single interface into all major digital asset exchanges, a complete suite
Symbiont, a financial technology company delivering enterprise blockchain solutions, is partnering with Templum, a technology company for the private markets to deliver smart securities.
Templum will leverage and embed Symbiont’s Assembly as the blockchain and smart contract technology for its regulated, end-to-end solutions for raising capital and secondary trading platform, Templum Markets.
“The technology infrastructure Symbiont has built is best in class,” says Christopher Pallotta (pictured), CEO and Co-Founder of Templum. “Symbiont and Templum share a common vision for modernising private markets. Forging a partnership to combine our innovations in the private markets is a natural next step and
Ideal Prediction, an independent trading analysis and data science company for capital markets, has launched Scope, an automated monitoring service, which analyses the behaviours of voice traders and trading algorithms in line with the principles of the FX Global Code (FXGC).
Already in production, Scope automatically monitors order and trade activity, evidencing that humans and algorithms adhere to governance and risk controls. It specifically highlights potential issues like last look, spoofing, flashing, layering, order violations, limit breaches, and P&L flags.
The FXGC was launched in May 2017. It is a set of global principles, developed in partnership by Central
Alternative datasets are now available through Bloomberg’s “ready-to-use” data website, Bloomberg Enterprise Access Point.
Adding alternative datasets allows Data License clients to easily access and incorporate new, non-traditional forms of high-quality data from Bloomberg and market leading alternative data providers including Thasos, Apptopia, TipRanks, PredictWallStreet, RS Metrics, Orbital Insight, OWL Analytics, Predata, Evaluate, 280First and Symphony Pharma.
Financial firms are increasingly using previously cumbersome, inconsistent, non-traditional data to inform their investment decisions and risk management strategies. While firms recognize the value of newer datasets for alpha generation, they face challenges like data connectivity, varying quality and ease-of-use. By offering clients
The Wharton School of the University of Pennsylvania has received a USD10 million gift from 1986 undergraduate alumnus Josh Harris and his wife Marjorie Harris to establish the Joshua J Harris Alternative Investments Program.
Harris is a co-founder, senior managing director, and director of Apollo Global Management, an alternative investment manager serving institutional investors worldwide.
The new Alternative Investments Program will expand co-curricular opportunities for Wharton students in the field and bring together alumni and industry experts through events and programming.
The gift is a major contribution to Wharton’s More Than Ever fundraising and engagement campaign, which is
Derivatives trading costs could double as markets brace themselves for increased bouts of volatility, according to research from analytics firm OpenGamma.
The findings show that during times of market stress, requirements to post upfront cash jump by on average half, but could rise by as much as 94 per cent. This huge additional cost, which was calculated through stress testing fixed income futures traded on US exchanges, will be tough to absorb for fund managers under intense pressure from investors to deliver stronger returns.
With continued global trade tensions, rising US interest rates and growing debt, fund managers will
Options, a provider of global market data and colocation services for trading firms, has added Hong Kong Exchange (HKEx), Korea Exchange (KRX) and the Australian Securities Exchange (ASX – ALC Australian Liquidity Centre) to its Managed Colocation platform.
In addition to the ASX in Australia, Options has also expanded its footprint into Equinix SY2 in Sydney. Options’ clients co-located within these co-location facilities will benefit from access to ultra low latency exchange feeds and order entry access and managed hosting directly at source.
Options has successfully deployed colocation infrastructure at the top tier exchanges as part of its aggressive
SteelEye, a compliance technology and data analytics firm, has launched a communications and trade surveillance solution which has been fully integrated with its existing records retention and data analytics platform.
The solution aims to enhance firms’ ability to meet MAR/MiFID II and other international regulatory requirements, while offering powerful and intelligent insight into the underlying data helping to mitigate risk and optimise business performance.
Regulators globally are increasingly focussed on the obligations of financial institutions to proactively identify suspicious activity, market abuse and financial crime, such as insider trading and market manipulation. To monitor this complex array of activity,
