Solutions
OTCXN has signed Prime Trust to serve as a neutral, third-party custodian of assets for trading entities and exchanges that use OTCXN technology to facilitate clearing and settlement of OTC block trades and cross-exchange trading.
Prime Trust is a chartered, regulated and insured trust company with full fiduciary powers and AML/KYC procedures supporting both US and international clients.
The biggest problem for institutions in the cryptocurrency space prior to OTCXN’s launch has been the lack of a clearing and settlement solution that eliminates trading counterparty and settlement risk while connecting all global liquidity providers and exchanges. OTCXN’s multi-custodian
Epoch Partners Limited (Headquartered in the Cayman Islands) has launched what it says is the world’s first retail public offering of a cryptocurrency and digital assets-related fund.
The Securities Registration Statement for the fund was filed on EDINET – the disclosure system of the Japanese Financial Services Agency – on 28 September 2018, with subscriptions being opened on 15 October. According to the Securities Registration Statement, subscriptions are to be capped at JPY100 billion, or about USD900 million.
Epoch Digital Assets will make use of hedge fund management know-how to invest into funds and other investment vehicles with exposure
Independent depositary firm INDOS Financial is now offering a new ESG oversight service, which will be led by Matthew Queree, the company’s newly-appointed Head of ESG Oversight.
INDOS Financial, now has USD28 billion of assets under its oversight, plus a further USD16 billion over which the 32-strong firm performs money laundering reporting officer functions.
CEO Bill Prew (pictured) explains his role as an independent depositary, as one where his firm is free of conflicts with other service providers of a fund and provides valuable oversight over fund operations.
The idea of offering an ESG service has come from INDOS’s
RBC Investor & Treasury Services, part of Royal Bank of Canada (RY on TSX and NYSE), has been appointed to provide core custody, fund administration, registry and risk and investment analytic services for Warakirri Asset Management.
Melbourne-based Warakirri Asset Management (Warakirri) offers specialist investment for charities, global and domestic pension funds as well as individual investors across Australian and international equities, Australian agriculture, currency management and US real estate.
Jim McKay, Warakirri Managing Director, says: “We were impressed with RBC’s technology platform and strong commitment to the ongoing development of their IT and service platform. This aligns with Warakirri’s
The Growth Stage has launched what it says is the world’s first funding platform for private growth companies to raise investment capital from regulated institutional investors.
The company has signed up investors with over USD4 trillion of assets under management, from pension funds, retail funds and hedge funds through to sovereign wealth funds and family offices.
Headquartered in London, The Growth Stage has been designed exclusively to marry the increasing demand from institutional investors around the world, to invest in high growth, scale-up companies, and for those companies to seek alternative sources of capital.
Directly challenging the traditional
Business information provider IHS Markit has launched new onshore Chinese bond market indices in alliance with ChinaBond Pricing Center Co (CBPC), a subsidiary of China Central Depository and Clearing Co (CCDC), a pricing provider for the world’s third largest fixed income market.
The new iBoxx ChinaBond indices are the first international, independent fixed income benchmarks using CBPC pricing data, the gold standard in Chinese domestic bond valuations. As the administrator of the indices, IHS Markit will apply its globally-recognised methodologies and maintain them in compliance with IOSCO and European Benchmark Regulation (BMR) standards.
“Partnering with CBPC allows us to
Demand Derivatives Corp, a creator of derivative instruments, is partnering with GMEX Group (GMEX), a provider of exchange and post-trade business technology solutions, to launch a US-regulated futures exchange, RealDemand Board of Trade (RealBOT), and clearing house, RealDemand Clearing (RealClear).
To further align interests and share in the success of the project, GMEX will take a minority equity stake in Demand Derivatives.
Slated to open in 2019, subject to CFTC and SEC approval, RealBOT and RealClear will create unique and complete solutions to problems currently affecting the futures industry. Specifically, the exchange’s products will seek to eliminate systemic risk,
By Amanda Daly, EzeCastle Integration – When confronted with unexpected business disruptions, alternative investment firms must react swiftly, methodically and successfully or else risk significant financial loss. This level of response requires extensive business continuity planning to ensure allspects of a firm’s business are evaluated and protected. In this blog, we will help you create a Business Continuity Plan and help you identify which threats pose a risk to your firm.
1. Regulatory review and landscape
The first step to creating an Business Continuity Plan is to perform a Regulatory Review as all businesses have requirements coming from oversight bodies. There are also
Asset manager Letterone Treasury has selected Enfusion’s Integráta investment management platform.
Letterone manages USD25 billion AUM, with over USD7 billion in a treasury portfolio primarily comprising fixed income, credit derivatives and private debt. Letterone transitioned from a large incumbent legacy system to Integráta in four months, whilst reducing their overall IT footprint and the total cost of ownership.
“Our previous system was supported by several other disparate processes run in isolation; with Integráta we have achieved a consolidated ‘single-truth’ across front, risk and back office functions. We have been impressed with Enfusion’s willingness to invest in their cloud infrastructure
Axioma has launched axiomaBlue, a cloud-based environment providing best-of-breed solutions and tools that enable investment managers to create, implement and scale unique investment strategies in a cost-efficient way.
“The business of investment management has changed,” says Sebastian Ceria (pictured), CEO and founder of Axioma. “Competition is increasing and margins are shrinking. Cost-efficient discovery, differentiation and implementation are essential to achieving superior performance. axiomaBlue is a customizable ‘no-compromises’ environment enabling investment managers to efficiently construct and scale firm-specific investment strategies to enhance competitive advantage.”
A combination of three main features differentiates axiomaBlue from existing investment-management offerings.
Firstly, axiomaBlue provides
