Solutions
DMS Governance has gone live with Funds Recs’ cash and position reconciliation modules, which are part of the Velocity platform, and ensure all open positions and cash balances held are auto reconciled back to the custodian/broker.
Delivered as a fully hosted Software-as-a-Service solution, Fund Recs provides live in app support to help meet daily deadlines in the fast-moving investment management world.
Alan Meaney, CEO of Fund Recs, says: “We are delighted to be working with DMS, a company who shares our client centric approach. Using the velocity platform, the internal rec process at DMS has been automated which allows
Digital asset management company HyperChain Capital has launched HyperBlocks Pro, a professional proof of stake service – the first in the world backed by a major blockchain firm.
HyperBlocks Pro’s automated staking facility service is initially launching for holders of tezzies (XTZ) tokens used on the Tezos networks. By delegating this responsibility to HyperBlocks Pro, token-holders can free themselves of the time, security and technical costs associated with performing the task manually. Additionally, users do not need to actually transfer their tokens to HyperBlocks Pro, tokens remain in their personal wallets while securing the network.
As an increasing number of
INTL FCStone’s Chicago-based subsidiary, INTL FCStone Markets has expanded its OTC interest rates swap dealing capabilities to include cap and floor options on the London Interbank Offered Rate (LIBOR) with tenors out to 10 years.
The launch of these new products expands and enhances the Company’s existing OTC FX & Interest Rates trading and advisory offerings, creating a comprehensive interest rate hedging solution for corporate hedgers, real estate investors, and agribusinesses.
OTC products, available through INTL FCStone Markets, are designed to deliver benefits similar to exchange-traded futures and options, but can offer customisable terms (eg non-standard quantities, strike prices, expiration
Verady, a specialist in accounting and audit technology for cryptocurrency markets, has joined the Wall Street Blockchain Alliance (WSBA) as a corporate member.
WSBA is a non-profit trade association with a mission to guide and promote comprehensive adoption of blockchain technology across global markets.
“We are truly excited to join with the WSBA, their leadership, and other members who are dedicated to advancing the state of Blockchain. Our partnership with the WSBA allows us to further our collaborative work on the advancement of audit, accounting, and asset verification required for the adoption of blockchain in the United States and
The introduction of new legislation in Jersey that enables the establishment of Limited Liability Companies (LLCs) has the potential to significantly enhance pan-Atlantic business with the US, according to Jersey Finance.
The Draft Limited Liability Companies (Jersey) Law was approved by Jersey’s government on 11 September, paving the way for limited liability companies (LLCs) to be established in Jersey.
Combining the flexibility and privacy of a partnership with the protective limited liability of a company, LLCs have become popular vehicles globally for a wide variety of uses, from SMEs and holding companies to fund structuring.
However, LLCs are
NEX Regulatory Reporting has launched a new solution for derivatives transaction and position reporting under ASIC’s (Australian Securities and Investments Commission) OTC derivatives trade reporting requirements.
The ASIC solution expands NEX Regulatory Reporting’s global reporting coverage and provides Australian firms and international companies trading in Australia, with a full end-to-end transaction reporting solution to both licensed trade repositories.
Clients using the solution will receive an evaluation of their ASIC transaction reporting requirements, including: product specific obligations, trading methodology and a data gap analysis and closure plan bespoke to each client. Once on-boarded, they will connect to the NEX Regulatory
State Street has acquired BestX, a global market-leading provider of Transaction Cost Analytics (TCA) to support ‘Best Execution’ in OTC markets founded in 2016 by Aman Thind, Pete Eggleston and Oliver Jerome.
BestX’s industry leading technology provides state-of-the-art pre-trade and post-trade analytics, which enable clients to define, achieve and record the process of Best Execution in their FX trading, resulting in significant quantifiable cost savings and regulatory reporting benefits.
BestX has grown rapidly in the three years since inception, with its SaaS technology now used by many of the world’s largest asset managers, hedge funds, banks and sovereign wealth
Hong-Kong-based ICBC Asset Management (Global) (ICBC AMG) will implement a range of Linedata’s asset management software solutions to power its growing global fund business.
Linedata’s multi-asset portfolio management solution, combining Linedata Global Hedge and Linedata Mshare, is a core offering of its modular asset management platform focused on scalability, ease of use and operational efficiency. It delivers a range of advances in automation, broad data-capture capabilities, and an intuitive user interface. ICBC AMG is replacing internal systems and adopting Linedata’s solutions and robust reporting to manage custodian interfaces, as well as increased client asset and trade flow across multiple fund
Bloomberg has launched Enterprise Access Point, an online Open Data and Linked Data Platform that provides normalised reference, pricing, regulatory and historical datasets for Bloomberg Data License clients.
Available through the new website, clients can now browse quality data online, examine the metadata, trial sample datasets prior to acquisition, and immediately put them to use within their organisation, executives announced at the Bloomberg Enterprise Tech and Data Summit.
Bloomberg says Enterprise Access Point creates a ‘seamless online experience for financial organisations looking to leverage data for critical business decisions’. Data License clients can directly program against Bloomberg’s comprehensive historical
Itiviti, a provider of multi-asset trading technology and financial infrastructure, has partnered with Brazilian risk management provider LOTE45 to provide asset managers with a new execution platform, with full regulatory framework verification.
The platform combines Itiviti’s NYFIX independent trading hub with LOTE45’s Asset Portfolio Manager (APM) and Compliance Portfolio Manager (CPM), which allows robust regulatory framework checks before executing trades that comply with CVM555, BACEN 4661, CMN 4444, 1585, Managerial Funds Regulations and managerial set ups. The order flow will leverage Itiviti’s NYFIX trading hub to reach capital markets and brokers worldwide, while post-execution, the APM system will calculate the
