Solutions
Avenir Technology Limited, a global developer of post-trade Financial Market Infrastructure solutions, is the provider of post-trade market services to the Astana International Exchange (AIX) in Kazakhstan.
Avenir developed both a securities registry and a Central Securities Depository (CSD), along with related FIX trading and post-trade SWIFT messaging, to support this new exchange in the Astana International Financial Centre (AIFC).
AIX has now completed the roll-out of the production versions of the Avenir applications. All ten AIX CSD participants are connected to the Avenir platform, which also offers integrated SWIFT messaging capabilities. Drawing on the wealth of experience
New York-based investment firm Wilshire Phoenix has partnered with crypto storage solution Coinbase Custody to launch a new institutional fund by the end of 2018.
The fund, which will be organised as a statutory trust and which capped at USD500 million, will provide exposure to bitcoin, but, unlike other products that simply hold bitcoin (or oven multiple cryptocurrencies, often referred to as an index), it will seek to mitigate some of the risks typically involved from the sudden and substantial price movements of bitcoin.
In addition, investors together with financial institutions may find it difficult to purchase and hold
EEX Group is restructuring its business in Asia through a reorganisation of the services offered by its wholly owned subsidiary CLTX. The business will now operate under two separate brands: EEX Asia and Cleartech.
EEX says the strategic repositioning will allow the business to better serve the needs of its clients by using both sets of services through greater focus and specialisation on each business area.
Peter Reitz (pictured), EEX CEO, says: “EEX Group’s established presence in Europe, Asia and North America, ensures that it is ideally placed to promote and grow liquidity in the commodities sector worldwide
Apis Capital Management has listed its tokenised investment options, the Apis Token on the Nasdaq Fund Network, a platform for mutual funds and hedge funds, under symbol ZAPISX making it available on networks ranging from Bloomberg’s Terminal to Yahoo Finance.
Apis Token is also registered with the Cayman Stock Exchange.
Apis Capital Management focuses on volatility trading, with a concentration on VIX (Volatility Index) futures, S&P 500 Index options, and volatility based ETNs. The management team at Apis is comprised of industry veterans who have applied their extensive market experience and data analytics to create innovative strategies. Using
Volante Technologies, a provider of software for accelerated financial message integration and end-to-end payments processing, has released Volante Designer version 6.0,a major release allowing banks and financial institutions to address the increasing industry demand for API, cloud and microservices enablement.
Organisations looking to take advantage of the opportunities arising from the API economy will benefit from Designer 6.0’s Services Manager feature, which allows users to design comprehensive API-driven solutions, or seamlessly integrate into their hybrid environments using standardized interfaces. Services Manager also provides extensive support for microservices architectures, specifically leveraging RESTful APIs, today’s gold standard for open banking.
Designer
Following receipt of regulatory approval from the Commission de Surveillance du Secteur Financier (CSSF), Centaur has completed its purchase of Luxembourg Capital Partners SA and is now open for business in the Grand Duchy.
Centaur’s Luxembourg office will focus on servicing private equity and real estate funds and related corporate entities.
Centaur recently acquired Luxembourg Capital Partners, an existing administration firm, which provides a full suite of fund administration services to funds, family office and corporate vehicles. This acquisition brought Gerry Salucci and a team of experienced industry professionals to Centaur to spearhead the establishment and growth of Centaur
BCS Global Markets, the investment banking division of the largest independent securities broker on the Russian exchange, is planning to open up new investment opportunities for clients, starting with a geographic diversification of its analytical coverage.
The award-winning research team is led by Kirill Chuyko, Head of Research, and BCS Global Markets’ research offering will expand to countries in Central Asia and the Caucasus. Earlier this year, BCS GM began its expansion in Eastern Europe by offering analytical coverage on the debt markets in the Republic of Belarus.
The diversification of analytical coverage will allow clients to broaden their
Hedge fund Tremblant Capital has selected Liquidity Book’s SaaS-based LBX Buy Side as its full POEMS (portfolio, order and execution management system), with the integrated LBX Connect as its FIX routing network.
LBX Buy Side replaced an existing system which was implemented 16 years ago near Tremblant’s inception.
LiquidityBook’s platform provides a full range of order, execution and portfolio management capabilities, including real-time performance, full historical P&L, risk management, compliance and reporting. With the implementation now complete, Tremblant is using LBX Buy Side to support its entire multi-asset trading workflow, which includes equities, options, FX and swaps. In addition,
Centaur Fund Services and Circle Partners are the latest firms to join the North American Fund Administration Association (NAFAA), a representative group for the alternative investment fund administration industry.
“We are delighted to have Centaur and Circle as the latest members of the association,” says founding director, Chris Meader. “November will see the launch of the NAFAA working groups whose initial focus will be to discuss and define best practices and standards. We are thrilled to have these global firms collaborating with our existing members to promote the best interests of the alternative fund administration industry.”
Des Johnson (pictured),
CryptoCompare, a cryptocurrency market data provider, has launched a mobile application which gives traders and investors the ability to monitor live bitcoin and altcoin pricing data, track cryptocurrency investments through multiple portfolios and get the latest news in the crypto space while on the move.
Users of the mobile app can also stay informed with historical charts and technical analysis of all major exchanges and over 5,500 coins.
The mobile app provides the critical information necessary to make smarter investment decisions based on insights gained from CryptoCompare’s real-time, historical and blockchain data for each currency. The app’s coins list
