Solutions
Thomson Reuters has partnered with Moody’s Analytics, a provider of financial intelligence and analytics, to offer a classification solution for conducting the Solely for Payment of Principal and Interest (SPPI) tests required under the IFRS9 accounting standard.
The solution allows fixed-income investors to automate SPPI tests for securities in their portfolios by providing data on over 1.2 million corporate, government, and structured securities globally.
“We are excited to partner with Thomson Reuters to bring fixed-income investors more comprehensive coverage of all asset classes in a single transparent and auditable solution,” says Luis Amador, Managing Director at Moody’s Analytics.
Token Foundry and ConsenSys are to launch Builders’ Track, a new line-up of content-heavy breakout sessions at the Crypto Invest Summit, the West Coast’s largest cryptocurrency and blockchain conference, in Los Angeles in October.
Each Track is designed to specialise in various highly sought-after topics with the goal of increasing usability, development, and collaboration.
Other breakout sessions include a Women in Crypto Track, Security Token Track, Crypto Trading Track and Healthcare Track. Attendees automatically get all-access passes with every Crypto Invest Summit or LA Blockchain Week ticket purchase; seating is limited on a first-come-first-served basis.
In a joint
Naya Capital Management has successfully implemented Watson Wheatley Financial Systems’ iRecs reconciliation system.
The iRecs solution offers total control over reconciliations and increases operational efficiency and accuracy in a cost effective package.
Tom Wheatley (pictured), COO, Watson Wheatley, says: “We are pleased to announce another successful deployment of the iRecs reconciliation solution, the fourth implementation in the last three months. The system was fully implemented in a matter of days and offers high automation as well as a comprehensive selection of daily reconciliations. We look forward to working with Naya Capital to add additional reconciliations in the future.”
Cryptocurrency exchange BeQuant has launch operations in Malta and opened a new office, the London-based company’s second overseas office. The new office will be located in the heart of Malta’s business district at St Julian’s.
BeQuant Exchange’s Malta division will allow customers to trade a wide range of crypto assets on a safe, two-factor authentication platform. Clients will pay only 0.1 per cent with volume discounts on every market trade and benefit from a 0.01 per cent rebate on LP orders. With BeQuant Exchange’s leading API, customers will be able to take full advantage of their trading bot, low latency
Tokyo-based boutique investment manager Misaki Capital has appointed Northern Trust to provide custody and foreign exchange services to its USD600 million, Cayman-domiciled, Misaki Engagement Master Fund.
“We appointed Northern Trust based on their established reputation as a leading global custodian and administrator with a worldwide presence and ability to bring us advanced global technology solutions,” says Masaki Gotoh, Chief Investment officer at Misaki Capital. “Their ability to not only offer a variety of customizable solutions but support us as we evolve are key factors in their appointment.”
Northern Trust supports clients with a comprehensive suite of asset servicing solutions
VTFinTech, a provider of portfolio management and research evaluation services, has partnered with Alphametry to provide its Parity One based Research Evaluation technology on the Alphametry research platform.
Available now, the partnership offers asset managers a quantitative way of assessing and evaluating their research providers and content. It will enable data-driven purchase decisions so that buy-side managers can regain access to the research they need under the unbundling requirements of MiFID II regulation. It also offers valuable insights into own research for the providers.
Alphametry, based in Paris, is a research management and discovery platform for investment professionals. Through
BSO has become the first global network provider to offer direct connectivity to the India INX International Financial Services Centre (IFSC), enabling foreign investors to access the Indian market.
The IFSC is located in the Gujarat International Finance Tec-City (GIFT City) and, with the support of BSO, is aiming to attract the international financial community by providing domestic and offshore traders equal access to the wider global markets. Via the purpose-built trading destination for global traders, participants will benefit from a more level playing field and state-of-the-art connectivity into the country.
BSO has expanded its service into India INX
On 19 September 2018, the UK Parliament’s Treasury Select Committee published a unanimously-agreed report on crypto-assets for its Digital Currencies inquiry which likened the current cryptocurrency situation to the ‘Wild West’, something Long Finance is looking to help ‘tame’ with its Eternal Coin project.
The report concluded that “the UK Government and financial services regulators appear to be deciding whether they will allow the current ‘wild west’ situation to continue, or whether they are going to introduce regulation. The current ambiguity surrounding the Government’s and the regulators’ position is clearly not sustainable.”
UK Treasury Committee urges regulation for ‘Wild
Crypto investment platform CoinBundle has added Katherine Hensel (pictured), as a special adviser on the company’s advisory board.
CoinBundle say Hensel’s considerable experience across finance, investing and entrepreneurship will be invaluable to the leadership team as it grows its business to provide wider access to cryptocurrencies.
An accomplished financial industry executive and institutional investor, Hensel has held leadership positions across the investment banking/brokerage and asset management industries for more than 35 years. Hensel is a subject matter expert in financial services and financial institutions. Previously, Hensel was a managing director in equity research, led the Financial Institutions Group and
Singapore Exchange (SGX) is seeking public feedback on the proposed introduction of a new trading session for the securities market, the ‘trade at close’ (TAC), which will take place after the closing auction routine ends.
During the five-minute-long TAC trading session, participants will be able to execute orders only at the closing auction price set during the closing auction routine. The TAC session will apply to the ready and unit share markets.
“The introduction of the ‘trade at close’ session will allow investors to trade at a fixed price, namely the closing price of the security, while preserving the
