Solutions
Maples and Calder and MaplesFS which together comprise Maples Fiduciary and Maples Fund Services, have consolidated their offerings under a single brand, now called the Maples Group.
This composite of collective services includes an international law firm, advising on the laws of the British Virgin Islands, the Cayman Islands, Ireland, Jersey and Luxembourg and global fund administration and fiduciary services.
The rebranding initiative, which includes a new corporate logo and website, highlights the strength of the Maples Group as a comprehensive solution for legal, fiduciary, fund, entity formation and management services, as well as regulatory and compliance services.
Secondary trading of tZERO security tokens is now live. Accredited investors can now trade the tokens with other accredited investors through a digital securities brokerage account at Dinosaur Financial Group, which will act as the introducing broker-dealer.
Dinosaur has partnered with PRO Securities, a tZERO subsidiary, which offers an alternative trading system to provide market access for secondary trading of the tZERO security tokens, during market hours initially.
tZERO, which provided the technology behind trading of the world’s first public digital asset, OSTKP, in 2016, raised USD134 million from over 1,000 global investors during its highly publicised security token
VendEx Solutions, a San Francisco-based SaaS company with offices in London, New York, and Charleston, SC, has spun off from International Solutions Network, Consulting Company (ISN) with the aim of ‘redefining the tools for market data and vendor managers in the financial services sector’.
VendEx Solutions was created by ISN in the wake of ISN’s 2017 launch of a new consulting vertical called VendorScape, a top down-bottom up approach to vendor rationalisation. In the course of its engagement with large institutional clients, ISN identified the need to deploy technology to manage the large scale tasks managed by data and vendor
Options, a provider of cloud-enabled managed services to the global capital markets, has announced full compliance (for the eighth consecutive year) with SSAE SOC 1 Type II and SOC 2 Type II, further underlying the rigorous security controls and business processes governing Options’ architecture and managed services solution.
SSAE SOC 1 reports on controls at a service organisation which are relevant to the internal control over financial reporting. SSAE SOC 2 reports on the controls that directly relate to the design and effectiveness of the service organisation’s security controls to its clients, management and user entities.
Options undertake Type
AK Jensen Group has selected Caspian to provide trading and portfolio management technology to crypto asset managers on its hedge fund fund platform.
AKJ Crypto, owned and managed by AK Jensen Group, provides fund managers with access to a legal, regulatory and operational solution to trade in crypto assets.
Caspian’s fully-developed trading and portfolio management system includes an OEMS, PMS, and RMS that covers the lifecycle of the trade. It provides a single interface into all major crypto exchanges and OTC brokers. It is a complete suite of sophisticated trading algorithms, real-time and historical P&L and exposure tracking with
Traiana, a provider of trade life-cycle and risk management solutions and part of CME Group, has introduced direct central clearing connectivity to the Hong Kong Exchanges (HKEXs) and Clearing’s OTC Clearing Hong Kong (OTC Clear).
Market participants can now access HKEXs OTC Clear service to clear USD/CNH and USD/HKD FX forward and swaps, via Traiana’s Clearing Hub (CCP Connect), which provides affirmation, matching and trade processing capabilities.
HKEXs OTC Clear Deliverable FX service can be used to mitigate settlement risk which arises when payments and receipts of different currencies occur at different intervals during a standard bilateral settlement process. The
Confluence, a specialist in investment data management automation for regulatory, financial and investor reporting, has added CPO-PQR reporting capabilities to its Unity NXT Regulatory Reporting platform.
Form CPO-PQR requires that registered commodity pool operators file specific information about their firm and the pools that it operates with regulators on a quarterly basis. Confluence’s new Form CPO-PQR solution supports reporting to both the CFTC and the NFA on a wide range of required data, including investment strategy, asset classes, risk metrics, collateral, counterparty credit exposure, and the use and levels of leverage, among many other aspects of their operations.
Unity
Transaction Network Services (TNS) has acquired Chicago-based market data, connectivity and hosting specialist R2G Services.
With this acquisition, TNS is now a unique full-service managed infrastructure provider that can meet the demanding needs of financial market participants through a single supplier relationship.
Founded in 2010, R2G has designed and built an industry leading market data and managed hosting platform. Acquiring R2G strengthens TNS’ portfolio of these services as well as enables the R2G solutions to be offered worldwide.
Mike Keegan, TNS’ Chief Executive Officer, says: “This acquisition is extremely exciting as it will benefit all of our combined
Due to high demand, the Investment Management Due Diligence Association (IMDDA), an investor-based organisation dedicated to professionals who investigate facts concerning investment programs, has extended the global testing period for its first Chartered Due Diligence Analyst (CDDA) test to 31 March 2019.
The IMDDA also announced the opening of registration for the preparatory course for those planning to pursue the new CDDA exam.
Announced in November 2018, the CDDA is an internationally recognised designation developed to ISO 17024 and ANSI accreditation standards that rigorously tests for aptitude and expertise in due diligence. Each person who passes the exam becomes
Guernsey is aiming to take a leading role in drafting new laws to offer certainty in the use of ‘Electronic Agents’ in transactions and contract matters, and to create a smart, secure environment for the exploitation of technology for specialist financial services.
The lodging of the Electronic Transactions (Electronic Agents) (Guernsey), 2019, Ordinance this week offers greater certainty as the use of artificial intelligence and distributed ledger technology grows. It will boost confidence and enable adopters of technology solutions to use Guernsey.


The new law will allow the formation of a contract through the interaction of electronic agents, on the