Solutions
Independent fund research company, Monterey Insight, has confirmed the Aztec Group is the leading fund administrator in Jersey for the third consecutive year, administering USD126.0 billion net assets and 181 funds.
The annual Monterey Report provides a comprehensive analysis of the Jersey funds industry and its service providers by giving an insight on both the number of funds advised and the total assets under management. It revealed 2018 was another strong performance for the island, as fund assets administered in Jersey increased to USD391.7 billion at the end of June 2018, a 20.9 per cent increase on 2017. Aztec Group
Caspian, a full-stack crypto trading and risk management platform for institutional investors and sophisticated traders, has partnered with Brave New Coin (BNC), a blockchain and cryptographic assets research company, to deliver trading tools for professionals.
Through the partnership, Caspian will incorporate BNC’s comprehensive market data to assist in calculating fairer fees and market positions for traders using the Caspian platform.
Gathering and analysing data from more than 200 exchanges, 24/7, BNC’s integrated Spot Price engine calculates a time-stamped, Global Weighted Average (GWA) of multiple price points every five minutes. The engine ensures professional traders and investors can access reliable,
Saxo Bank, a fintech specialist focussed on multi-asset trading and investment, has launched SaxoInvester, a new platform that gives the growing investor segment the opportunity to build long-term portfolios across stocks, bonds, mutual funds, ETFs, and SaxoSelect portfolios.
The platform is initially launched in Denmark with international roll-out planned for the first quarter of 2019. Furthermore, SaxoInvestor will be an integral part of the Group’s white label and partner offering across markets as the platform is developed with a dedicated focus on flexibility and customisation.
SaxoInvestor is built on the same technology as the Group’s other platforms, SaxoTraderGO and
CloudQuant has added RavenPack analytics to its trading strategy incubator. Crowd researchers can now use RavenPack historical data to discover tradable alpha signals on CloudQuant’s online Python and JupyterLab-based tools.
RavenPack is a leading provider of big data analytics for financial services that enables hedge funds, banks and asset managers to query and visualise unstructured data including insights from thousands of news and social media sources.
“We are thrilled to include RavenPack analytics in our ecosystem as they have become a vital source of alpha for quantitative investors,” says Morgan Slade, CEO of CloudQuant. “Our community is already finding
Xena Exchange, a professional-level crypto-asset trading platform, has completed a USD3 million Series A round of financing led by Klever Internet Investments. The newly raised funds will bolster the company’s focus on team expansion, marketing efforts, and accelerate product development.
The Xena Exchange team is made up of a group of industry professionals with experience from top-notch investment banks such as J.P. Morgan, Deutsche Bank, UBS, and more. In 2017, the company has received its initial funding from angel investors to launch its operations, and has since built a cryptocurrency trading platform with better tools for trading.
Xena Exchange
Forex technology specialist Integral has partnered with Moscow Exchange (MOEX) to provide MOEX customers with access to better liquidity, higher performance, and lower latency through its Open Currency Exchange (OCX).
MOEX will now provide liquidity to the Integral network.
“We’re thrilled to partner with MOEX,” says Harpal Sandhu, CEO of Integral. “They are the dominant exchange in the Russian FX market, and by using the Integral platform, they will be able to offer the best aggregation and deepest liquidity to their clients. MOEX will also become a price provider to the Integral network, thereby further enriching the liquidity in
Plenitude, a niche consultancy, specialising in financial crime risk and compliance has appointed Steve Vinnicombe, former UK CEO of Capco UK, as a Non-Executive Director.
The announcement follows a sustained period of growth for Plenitude, charged by a number of high profile client engagements. Plenitude works with a wide array of financial institutions including banks, insurance companies and asset management firms, providing deep subject matter expertise, advisory and transformation services on some of the largest and most complex Financial Crime Compliance (FCC) initiatives in the industry. Plenitude’s track record includes working with 6 of the 14 global banks that are
AcadiaSoft Inc, a provider of risk and collateral management services for the non-cleared derivatives community, is collaborating with Capitalab, a division of BGC Brokers, for the provision of their initial margin (IM) optimisation service.
The service is designed to allow clients calculating IM to optimise exposures to result in lower margin payments and to reduce capital funding requirements.
“Optimisation services meet an important need for the derivatives market, as firms posting IM seek to reduce costs,” says Fred Dassori (pictured), head of strategic development at AcadiaSoft, “and the relationship with Capitalab allows us to provide even more options via
Refinitiv, formerly the Financial and Risk business of Thomson Reuters, has launched an aggregate bond service to help clients access fixed income trade data that is available as a result of MiFID II in a single, simple aggregated data feed.
The trade data from approved publication arrangements (APAs) and multilateral trading facilities (MTFs) that were created as a consequence of MIFID II is a critical new source of insight for firms trading bonds and other fixed income instruments, wherever they are based. It can be used for analysis of comparable and correlated instruments traded anywhere, making the European fixed income
Refinitiv has signed an agreement with Nordic investment management firm E Öhman J:or Fonder (Öhman) to deliver an end-to-end workflow solution for its investment management business.
The agreement will cover the entire pre- to post-trade workflow, and allows Öhman to leverage the full depth of Refinitiv desktop, trading, data, and analytical solutions. In addition, Öhman is partnering with the OMS/PMS platform from AlphaDesk, the global SaaS provider of STP software for the buy-side.
“This partnership with Öhman clearly demonstrates the confidence financial companies place in Refinitiv’s comprehensive portfolio of solutions to drive value across all asset classes and points in
