Solutions
The global Crypto Asset Management Market is expected to grow from USD94 million in 2018 to USD207 million by 2023, at a Compound Annual Growth Rate (CAGR) of 17.1 per cent during the forecast period, according to a new report from MarketsandMarkets.
The report – Crypto Asset Management Market by Platform, Deployment Type (On-premises and Cloud), End-user (Institutions (BFSI, Hedge Funds, Brokerage Firms), and Retail and eCommerce), and Region (North America, Europe, APAC, and RoW) – Global Forecast to 2023 – says that the major growth drivers for the market include the need for safeguarding crypto currency assets, the growth
Investment research marketplace ERIC has appointed Daren Riley as Chief Executive, with responsibility for driving the company’s strategy to strengthen lasting investment research relationships in the MiFID II world.
Riley started providing consultancy services to ERIC in 2017 with a focus on business and product development. His appointment as Chief Executive reflects an evolution of ERIC’s strategy to address the realities of the investment research market under MiFID II.
Riley will use his wealth of institutional asset management experience to focus the ERIC offering on generating longer-term subscription-based research relationships between investment managers and research providers, while also growing
MINDEX, GMEX Group and Hybrid Stock Exchange Corporation Limited (HYBSE) have partnered to launch a blockchain exchange platform, based in Mauritius.
The HYBSE International Marketplace will integrate blockchain solutions and technology with traditional financial industries providing a complete and governed ecosystem that digitalises assets onto the Blockchain. This partnership will for the first time, enable institutional investors access to cryptocurrency ETF’s and other crypto-instruments.
The following asset classes will be facilitated for trade in a digital tokenised format:
• Cryptonised Shares
• Cryptonised Currencies
• Commodities
• Indices
• Forex
• ETC’s (Exchange-Traded Commodities)
• ETF’s (Exchange-Traded Funds)
FlexTrade Systems, a specialist in multi-asset execution and order management systems, has integrated the Bernstein Cube into the FlexTRADER EMS, providing traders with a comprehensive portfolio construction, risk analysis and pre-trade system.
Bernstein Cube offers a global, multi-day pre-trade model for single stock and portfolio level trades, incorporating overnight risk and forecast impact based on the selected execution strategy. Cube maintains a full knowledge of market opening times, trading holidays and major liquidity events enabling optimal trade schedules and forecast cash flows to be calculated.
“The Bernstein Cube is an ideal addition to the advanced trading functionality of our FlexTRADER EMS,”
Cryptocurrency exchange Bitstamp has selected Cinnober, a specialist in exchange and clearing technology solutions, to deliver its trading system for cryptocurrencies.
Bitstamp is replacing an in-house developed matching engine with Cinnober’s TRADExpress Trading System in a move aimed at increasing capacity and capabilities of its marketplace. The software will be hosted and operated by Bitstamp.
“This is a crucial step on our mission to bridge the gap between crypto and traditional finance,” says Nejc Kodrič, CEO of Bitstamp. “Our matching engine will be on par with traditional exchanges in both speed and throughput, once again placing Bitstamp on the
Northern Trust has launched an alternatives platform to provide its wealth management clients with a source of total-portfolio risk diversification.
The ArcLine Alternatives managed account platform, developed in coordination with Lyxor Asset Management (Lyxor Americas), allows Northern Trust’s qualified wealth management clients to take advantage of hedge fund opportunities through the use of dedicated managed accounts which can provide greater transparency and customisation of liquidity, creating stronger manager and investor alignment. When fully developed, the platform will provide a carefully curated list of funds designed to meet the investment needs of increasingly sophisticated clients.
“We are constantly evaluating ways
Allfunds Bank has launched Share Class, a search tool for stock classes of funds available in the market. Through this tool, Allfunds makes available to its customers all the information necessary to adapt to the regulatory requirements brought by the new MiFID II environment.
The search can be done using three main criteria – type of client, type of service and cost.
International managers have been expanding in the last decade the number of share classes available for their funds, in many cases, exceeding ten variants for the same product. This diversity causes a problem for distributors who
Fintech startup Sharegain, whose securities lending platform allows any investor to generate revenue through loaning out their financial assets, has raised a total of USD12 million (including USD5 million in the latest round) to support the roll-out of its platform to private banks, online brokers and robo-advisers, as well as scaling up its operations with family offices and asset management firms in line with significant early demand.
The funding, over two rounds, comes from venture capital firms Blumberg Capital, Target Global, Maverick Ventures Israel, Rhodium and private investors from the financial industry.
For over 40 years, some of the
Refinitiv, formerly the Financial and Risk business of Thomson Reuters, has launched its quantitative analytics platform QA Direct in the Cloud through Microsoft Azure.
The Cloud-based service means asset managers and hedge funds can get faster access to data for new quant initiatives and spend more time testing strategies, optimising portfolios and managing risk.
QA Direct offers a scalable platform to manage, maintain and integrate quantitative analysis and investment data. The platform delivers the largest repository of financial data along with quantitative alpha models and other third party content sets allowing customers to explore how their investment hypothesis performs
NEX Markets dealer-to-dealer trading platform BrokerTec has worked with Eurex Clearing, one of the largest global CCPs, to launch a new clearing solution for the European repo market.
The new clearing solution will be live by the end of 2018 and will allow existing BrokerTec clients to select to clear their repo transactions via Eurex Clearing. This solution will allow market participants to consolidate their European repo and corresponding OTC and listed derivatives business under the single risk framework of Eurex Clearing, via the BrokerTec platform.
BrokerTec customers choosing to clear repo transactions will be able to optimise cross-asset portfolios more
