Solutions
Investment risk plays an important role in the life of a hedge fund manager, but technology risk should not. When it comes to your firm’s technology systems and operations, you want things to run efficiently, not add more stress to your already crowded plate.
Mitigating technology risk is a critical step to ensuring your hedge fund operates smoothly and successfully. Following are a few areas to keep in mind as you evaluate your firm’s technology risk:
Layers of redundancy
One way to reduce your firm’s technology risk is to add layers of redundancy throughout your infrastructure. Whether you’re utilizing a
By Amisha Shah, EzeCastle Integration – With ‘Cybersecurity month’ approaching next month, now is the perfect time for firms to reflect on what’s often classed as a key contributing factor to cyber breaches – its employees. We hate to admit it, but human error tends to be the weakest link of any defence practices firms have in place.
The IBM X-Force Threat Intelligence Index 2017 advises that simply having the right technology is not enough to ensure protection from threats we’ve seen grow in frequency and sophistication, of late. Reputable airline, British Airways, is one of many businesses to fall victim
Societe Generale Securities Services (SGSS GmbH) in Germany has been mandated by First Private Investment Management to provide, via CrossWise, front, middle and back office services, as well as analytics and reporting.
First Private Investment Management benefits from the plug-and-play, modular CrossWise solution combining front to back solutions, created for asset managers to optimise their operating model and meet all regulatory constraints across all asset classes.
In addition, SGSS provides First Private Investment with its extended analytics and reporting services including performance measurement and risk analysis based on SGSS VIEW, its web based reporting portal.
SGSS was chosen
Ikigai Asset Management, a long/short multi-strategy crypto-asset hedge fund launched by former Point72 Portfolio Manager, Travis Kling, has added three new executive hires to its team.
Christina Martin, of Plutos Capital Group, has joined as Partner. Daniel Heller of BitLumens and Oliver Zahn of Google have joined as Advisors.
“We’ve seen significant traction with sophisticated investors on what we’re building at Ikigai and have an imminent need to continue to build out our deep bench of experts,” says Ikigai Co-Founder and CIO, Kling. “We’re thrilled to add seasoned industry veterans with diverse backgrounds to the Ikigai team.”
Joining
big xyt, an independent provider of high-volume, smart data and analytics capabilities, has added a Double Volume Cap (DVC) dashboard to its Liquidity Cockpit, allowing clients to understand where volume migrates when the DVCs change.
The big xyt Liquidity Cockpit is widely recognised as an essential independent data analytics tool for exchanges, sell-side and increasingly buy-side market participants, provided via interactive dashboards and direct access to the underlying data and analysis. Data quality is a key component, as is a robust process for normalisation so that like-for-like comparisons and trends over time have relevance.
Further to recent market discussions
IronX, a new Crypto Exchange joint venture between global online broker IronFX Group and EmurgoHK, creator of the Cardano blockchain, has been awarded full regulatory licence approval by the Estonian Financial Intelligence Unit (FIU).
This licence allows IronX to operate as a fully regulated exchange for the trading of cryptocurrencies.
Estonia, a full EU member-state, adopts a ‘pro-innovation’ approach towards the advancement of DLTs and cryptocurrency regulation and has utilised blockchain technology in its own health, judicial, legislative, security and commercial code registries since early 2012.
The new licence allows IronX to operate as a: provider of a
VTFinTech, a provider of portfolio management and research evaluation services, has joined the OpenFin platform to deploy and deliver its Parity One software at scale to financial institutions.
The Parity One platform that is used by investment firms to build and manage systematic investment strategies end to end. Leveraging its factor-based approach to portfolio construction, its proprietary research evaluation methodologies combine quantitative and qualitative measures to evaluate research under MiFID II.
OpenFin is the first common desktop operating system designed specifically for users in the financial services industry. Used by the banks, brokers, asset managers and hedge funds, OpenFin
Cappitech, a leading provider of regulatory reporting and intelligence technology for the financial services industry, and Trax, a provider of capital market data, trade matching and regulatory reporting services, have entered into an agreement to enable mutual customers to streamline their MiFID II transaction reporting.
The agreement aims to allow financial institutions to meet their MiFID II reporting requirements seamlessly, including daily transaction reporting. Over 40 of Cappitech’s customers are already benefitting from the enhanced MiFID II transaction reporting that the integration offers including German insurance company, Provinzial NordWest; Swiss bank, Swissquote; and Irish broker, AvaTrade.
Ian Webb,
CAMRADATA, a provider of data and analysis for institutional investors, has launched a Private Markets Database giving investors who are looking for more diversification in their investments access to a new private markets screen within CAMRADATA Live.
CAMRADATA Live enables asset managers to showcase their strategies and allows institutional investors and investment consultants to analyse them all in one easy place. Over 2,500 investors and consultants use the portal to search and analyse nearly 6,000 investment products offered by more than 700 asset managers.
Now clients can search in eight private market categories – allowing them to make more informed investment decisions. These
Post-financial crisis regulatory changes in derivatives trading have forced change on how UK pension funds and large asset managers conduct their business, according to Maxime Jeanniard du Dot, the COO of derivatives analytics firm OpenGamma.
The regulatory change means that many asset managers and pension funds will be posting initial margin for the first time. Financial institutions with a notional amount of non-centrally cleared derivatives greater than EUR1,500 billion will have to exchange initial margin this month.
OpenGamma estimates that a further 10 firms are expected to be pulled into this tranche, joining the big investment banks already in scope.
