Solutions
Axioma, a provider of enterprise risk management, portfolio management and regulatory reporting solutions, has added a new Emerging Markets risk model (AXEM4) to its Equity Factor Risk Model Suite.
AXEM4 incorporates the latest methodologies and research, plus a deep daily history with historical coverage since 1997, enabling investment managers to obtain a better picture of emerging markets’ exposures, risk and investment performance.
“The market environment can change fast, especially this year,” says Joel Coverdale (pictured), Managing Director, Asia Pacific, at Axioma. “With pressing global events, such as the US-China trade war, looming over markets, the only way to sleep well
OSMO Partners, a provider of outsourced front, middle and back office services has deployed Watson Wheatley’s iRecs system to provide daily trades, positions, cash and balance reconciliation along with NAV, balance sheet and EMIR/DTCC reconciliations.
Daily, monthly and ad-hoc reporting from iRecs will also be used to streamline operational processes and keep a tight audit trail on any breaks or issues raised.
Richard Harris, COO, OSMO Partners, says: “OSMO spent significant time reviewing the various market offerings within the automated reconciliations space. Following a full due diligence process and a number of recommendations we selected Watson Wheatley to provide
Analytics Ventures, a fund dedicated to creating and building venture companies that harness the power of artificial intelligence (AI) technologies, has added AlphaTrAI – a proprietary AI-based automated trading platform that fuses the latest explainable AI (XAI) techniques with multiple sophisticated trading strategies – to its venture portfolio.
With three-year back-testing results extending into the current volatile trading atmosphere, AlphaTrAI has outperformed the Standard & Poor’s (S&P) 500. The company is now moving to live, real-time trading for the next phase of validation.
“AlphaTrAI consistently outperformed top hedge funds during back testing due to the proprietary end-to-end trading algorithms
Krypton Fund Services Holdings Ltd, a boutique independent fund services company based in Bermuda, has selected Pacific Fund Systems’ PFS-PAXUS fund administration system for its third-party fund administration business operations.
An established market-leading product, PFS-PAXUS offers a complete back-office fund accounting, portfolio valuation, fund pricing and transfer agency administrative solution that includes regulatory reporting, on a single, fully integrated system that satisfies the needs of the most sophisticated fund administrators.
Krypton provides fund administration, registrar and transfer agent, regulatory reporting, project management and setup, to a wide range of family office investment portfolios, investment funds, private and special purpose
The European Energy Exchange (EEX) has published the calendar for the 2019 auctions of EU allowances (EUA) and EU aviation allowances (EUAA) for the 25 Member States participating in the common auction platform. These calendars were established in coordination with the European Commission and the participating Member States.
The auction dates and volumes on behalf of Poland will be added as soon as possible. The auction calendar for Germany will be published after the amendment of the Auctioning Regulation to list EEX as Germany ́s next opt-out auction platform has entered into force.
The EUA auctions will be conducted
Canterbury Consulting, a Newport Beach-based institutional investment advisory firm with more than USD18.3 billion in assets under management, will turn to Canoe Intelligence (Canoe), in a multi-year relationship to efficiently digitise, track and organise thousands of documents and data points.
“Canoe’s system will help track and organise all our clients’ documents,” says Mike Ethridge, COO, Canterbury Consulting. “Transitioning from the time-consuming task of manually reviewing and sorting everything to Canoe’s intelligent system will be a huge win for our clients.”
Canoe’s first-of-its-kind technology eliminates manual data entry for alternative asset investors. The technology allows institutions, LPs, and family offices
Eurex, Europe’s largest derivatives exchange, and Vela, a global leader in trading and market access technology, have teamed up to facilitate electronic access to Eurex EnLight, a new selective request-for-quote (RFQ) platform, via Vela’s Metro Trading Platform.
This further supports market participants seeking to trade via Eurex EnLight as Vela’s technology solution will be a new alternative to the existing ways of accessing the RFQ platform. With this development, market participants can expect further operational efficiencies, regulatory compliance with data reporting tools and best execution, improvements to accessing liquidity, and a reduction in quote response times on the platform.
Bitwise Asset Management, creator of what it says is the world’s first cryptocurrency index fund, has launched two new low-cost, liquid beta funds, holding bitcoin and ether exclusively.
The Bitwise Bitcoin Fund and the Bitwise Ethereum Fund are the second and third strategies in the Bitwise fund family, joining the broad-market Bitwise 10 Private Index Fund.
The launch of the funds is driven by inbound client interest and investor dissatisfaction with existing options, many of which carry premiums, charge exit fees, have lockups, and/or charge expenses to the fund outside the stated management fee.
“The 68 per
A new report by Greenwich Associates has found high levels of satisfaction among US institutional asset management and hedge fund professionals currently employing outsourced trading services, with 71 per cent of survey respondents describing themselves as “extremely satisfied” with their providers.
The report, ‘Outsourced Trading: Helping the Buy Side Improve Execution and Enhance Operational Efficiency’, identifies key market developments that have led to the rise of outsourced trading firms. These include heightened best execution requirements, increasing complexity and sophistication of trading tools and technology, market structure challenges, and shrinking commissions (68 per cent of study participants reported that generating commissions
BNP Paribas has selected FIS’ Cleared Derivatives Margin Advisor, a solution that enables sell-side firms, investment funds and institutional investors to better assess and calculate initial margin requirements on cleared derivatives portfolios.
FIS’ Cleared Derivatives Margin Advisor replicates margin requirements for current or hypothetical portfolios in real-time across the diverse exchange traded derivatives market supported by FIS post-trade systems. The solution can connect with FIS back-office systems or integrate into any trading or position-management system to provide an automated calculation for initial margin. Because it is cloud-based, FIS’ Cleared Derivatives Margin Advisor is quick to deploy and easily scales to
