Solutions
Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, has launched its framework to regulate spot crypto asset activities, including those undertaken by exchanges, custodians and other intermediaries.
This follows the successful completion of a public consultation on the introduction of a robust crypto asset regulatory framework by ADGM Financial Services Regulatory Authority (FSRA) on 28 May 2018.
The framework is designed to address the full range of risks associated with crypto asset activities, including risks relating to money laundering and financial crime, consumer protection, technology governance, custody and exchange operations. This new framework is one
DEx.top, a decentralised cryptocurrency exchange incubated by Bitmain and based in Switzerland, has launched successfully after completing a two-week trial period.
The platform has performed over 1,400 ETH in trading volume and signed around 10,000 new users. Three new collaborations have also been agreed that will see DEx.top offer mobile app trading.
The DEx.top development team is focusing in particular on improving batch sizes, increasing transaction speed and optimising the supervision alarm mechanism.
DEx.top says its represents a new generation of crypto trading platforms by utilising smart contracts to decentralise the trading process, making everything transparent. With no
GMEX Group, a provider of multi-asset exchange trading, post trade business solutions and technology, has taken a leading role in the initial consortium to launch the Mauritius International Derivatives and Commodities Exchange (MINDEX), through the GMEX Market Advancement Programme (GMEX MAP).
It is hoped that MINDEX will become a multi-commodity and derivatives exchange platform with full regulatory oversight by the Mauritius Financial Services Commission.
Following the opening of its regional headquarters in the Mauritius International Financial Centre (IFC) last year, GMEX has been working closely with the British High Commission Mauritius and Department for International Trade (DIT) Mauritius. The DIT
Dutch gas transmission system owner and operator, Gasunie Transport Services, is to use pan-European gas trading platform PEGAS for the determination and provision of the Neutral Gas Price (NGP). 

Gasunie Transport Services is pleased that after a temporary use of the day-a-day reference price of PEGAS, GTS and PEGAS found a future-proof solution for determining the neutral gas price. GTS will use the neutral gas price, among other things, for the settlement of off-line allocations and Linepack Flexibility Services for shippers. The price will be provided and published by an Exchange, according to European and Dutch regulations. The neutral gas
European Fund Administration (EFA) has appointed Cédric Jauquet as Head of Private Asset Services and member of the company’s Executive Committee.
Jauquet (pictured), joins from Credit Suisse Fund Services Luxembourg, where he was Head of Private Equity and Real Estate Administration. Cédric has 18 years’ experience in private asset services in Luxembourg at Credit Suisse, Banque Internationale à Luxembourg’s corporate and fund services subsidiary, RBC Alternative Investor Services and PwC.
EFA further strengthens its existing team of experts by appointing Fabrice Freilinger, Head of Private Asset Investor Services, and Tomasz Szubartowski, Head of Private Asset Accounting Services. Both also
Apis Capital Management has launched the Apis Token which is designed to enable investors to profit from an actively managed investment strategy, which it says has returned over 70 per cent per year since inception, while benefiting from the liquid and tradeable nature of blockchain-based tokens.
The token will begin its private presale this June, is built using the Steller network and leverages its state of the art blockchain technology that benefits from best in class speed, efficiency, security and lowest transaction fees.
Dr Edgar Radjabli (pictured), Managing Partner of Apis Capital Management, says: “One major advantage is that
Broadridge Financial Solutions has released the results of a survey into the progress and challenges associated with artificial intelligence (AI), which includes machine learning (ML) and robotics process automation (RPA), across the capital markets industry.
An overwhelming majority (80 per cent) of respondents, are at least assessing the value of AI, ML or RPA initiatives, according to the survey of about 200 financial services professionals conducted at SIFMA’s Operations Conference & Exhibition in May. More than one-third (39 per cent) of respondents are in proof of concept or pilot stages; however, only 22 per cent are actually in production. They indicated
CAMRADATA, a provider of data and analysis for institutional investors, has published its investment research reports for Q1 2018, which chart the performance of investments and asset managers across six asset classes – Global Equity, Diversified Growth Funds, Multi Sector Fixed Income, Emerging Markets Equity, UK Equity and Emerging Markets Debt.
The newly designed format for 2018 includes an overview of activity in each asset class, a 2018 investment outlook and an easy to read highlights section at the start, followed by more detailed analysis of each universe, assets under management, market share, performance and distribution in each asset class.
Apex Group (Apex) has completed the acquisition of Deutsche Bank Alternative Fund Services (Deutsche Bank AFS), adding USD170 billion in assets under administration to the Group’s portfolio in the process.
First announced in October 2017, the acquisition of Deutsche Bank AFS strengthens Apex’s breadth of service, including the addition of depositary and custody services, and builds on the strong working relationship and history of collaboration between the two companies. With the successful close of this transaction, Deutsche Bank AFS employees will be fully integrated into the Apex team, and Deutsche Bank AFS clients will gain immediate access to an additional 18
Colt Technology Services (Colt) has launched its US network, connecting multinational enterprises and financial firms to Europe and Asia.
Colt, one of the world’s first ‘alt-nets,’ has just connected 13 major cities in North America, including New York, San Francisco and Chicago, to Colt’s dense Asian and European metro networks, which is made up of more than 870 data centres and 26,000 fibre-connected buildings. It also connects Colt’s financial customers to the key financial hubs around the world.
In Europe and Asia, Colt fully controls its Colt IQ Network, which means it can directly meet businesses requirements rather than
