Solutions
Hector McNeil (pictured), co-Founder and co-CEO, HANetf presents his most recent commentary, arguing: The Case for Non-Transparent Active ETFs.
Growth in the ETF industry is sustained, long-term and global – at the time of writing, there have been 51 months of consecutive net inflows to the industry.
This expansion is being sustained by both internal innovation and external mega-trends. The previous HANetf paper ‘Win the Future’ described the external influences that are fuelling the unprecedented growth of the global ETF industry – automation, technology, focus on fees and regulatory initiatives – but the ETF industry is also seizing the
Stone Coast Fund Services, Basiz Fund Services and North Street Global are the latest firms to join the North American Fund Administration Association (NAFAA), a group for the alternative investment fund administration industry.
“The alternative fund administration industry is transforming and administrators recognize that NAFAA presents an opportunity to collaborate to address how these changes might affect their business strategies,” says founding director, Chris Meader (pictured). “We are thrilled that Stone Coast, North Street Global and Basiz have decided to join to help strengthen the efforts of the association to advance the alternative fund administration industry.”
Stone Coast Fund
The Maltese Parliament has unanimously approved three blockchain bills as the island looks to establish itself as a cryptocurrency hub.
In addition Stephen McCarthy has been appointed as CEO of the newly established Malta Digital Innovation Authority.
Malta-based law firm Chetcuti Cauchi Advocates says the rapid development of the blockchain-based business has left many entrepreneurs and technical service providers at a loss as to how to regulate and licence their businesses. Malta has now become one of the first jurisdictions to regulate the blockchain sector.
The MDIA Bill establishes the Malta Digital Innovation Authority (MDIA) and provides the
PortfolioScience, a provider of on-demand risk management systems, today announced that INTL FCStone, an execution, clearing, risk, and market intelligence provider for commodities and other asset classes, has selected the RiskAPI platform to analyse the exposure of its client portfolios.
RiskAPI is a hosted, on-demand portfolio risk analysis service that includes coverage of both listed and OTC derivatives.
“PortfolioScience’s RiskAPI has demonstrated an ability to rapidly provide accurate risk analytics for complex portfolios. Market data is handled by them on the server-side and integration is light, which has meant relatively little time spent on setup, and more time managing
CMC Markets has launched Skill providing users with the latest CMC Markets news headlines, articles, analyst tweets and market data, via Alexa home assistant products.
Using the voice command “Alexa, open CMC Markets”, users can also access the latest spreads and price change percentages for five of the most frequently traded instruments on CMC Market’s Next Generation platform.
The CMC Markets Skill provides traders with a way of accessing relevant information in an effective and convenient way. The impact of up-to-date information on decision making has never been more important, and it is crucial that financial traders and investors
VisoTech is to be listed as an independent software vendor (ISV) on Powernext’s pan-European gas trading platform PEGAS, meaning trading members can now enjoy fully automated algo-trading on the spot market.
PEGAS is the leading gas spot trading platform in Continental Europe, allowing its members to trade spot and derivatives gas contracts in the Austrian, Belgian, Czech, Danish, Dutch, French, German, Italian and UK market areas. PEGAS also offers options products on the TTF hub.
VisoTech will be the first ISV on PEGAS providing fully automated algo-trading of natural gas. Using the Periotheus autoTRADER, members trading on PEGAS via
NRI has added a new function to I-STAR/CORE to cater for a new listed options trading method, Flexible Options. The new method was recently introduced by Osaka Exchange, on 25 June 2018.
With Flexible Options trading, contract terms are negotiated and customised, registered with the exchange and then delivered to financial institutions twice a day. I-STAR/CORE, which was recently revamped with enriched real-time processing, reliability and expandability, has now added functionality that can automatically upload the security information as it’s delivered twice a day.
As a result, all I-STAR/CORE users can now process the following post-trade processing on the
Harmonic Fund Services has gone live with Finastra’s Fusion Loan IQ solution. The independent fund administration and alternative asset fund servicing firm will use the platform – traditionally employed by banks and service providers to service their bilateral, specialised and syndicated loan portfolios – to provide a new loan administration and agency service to its diverse alternative investment funds client base.
“Our customers have sophisticated needs, and when it comes to loan admin servicing that is no exception,” says John Wolfe, Director, Harmonic Fund Services. “With Fusion Loan IQ, we will be able to expand our services to meet the
AlphaBot, a technology solution for sourcing, analysing and allocating to alternative investments, has secured three new clients for its platform.
“We are delighted to welcome Advanced Alpha Advisers, Equity Risk Control Group, and Totem Asset Group to AlphaBot,” says Dmitri Alexeev (pictured), AlphaBot Chief Executive Officer. “In the few months since launch we are attracting leading fund allocators, managers, advisers, data providers, and others with our technology that streamlines a previously complex process to bring investors and managers together on a single platform.”
“Totem Asset Group updates its performance data regularly with AlphaBot to help qualified investors more easily
Dalzell Trading has selected LiquidityBook’s LBX Outsourced Trader, an advanced POEMS (portfolio, order and execution management system) with fully integrated FIX connectivity.
Dalzell Trading is an outsourced trading firm launched in 2018 with trading desks in Boston and Philadelphia. The firm is led by David Dalzell, who previously served as Head of BlackRock’s Boston-based equity and options Trading Desk and Associate Head of Equity Trading Americas. Staffed by professionals with decades of experience working directly with portfolio managers, the firm provides US equity and options trading to emerging and established hedge funds and investment managers, reducing their trading desk’s costs
