Solutions
Plato Partnership, a not-for-profit company aimed at providing solutions and efficiencies to the equity marketplace, has partnered with Tradeweb Markets, a provider of fixed income, derivatives and ETF marketplaces, to deliver Tradeweb Plato ‘eBlock’.
The Tradeweb Plato eBlock allows participants to source and aggregate broker principal risk liquidity, addressing buy-side concerns over market fragmentation, providing the buy-side with direct control over their execution and offering both the buy- and sell-side the opportunity to match, negotiate and execute with ease and certainty on a regulated venue. The eBlock platform will leverage innovative ‘blotter scraping’ technology, providing buy-side traders with the insight
With the first deadline of RTS 27 reports quickly approaching, Cappitech Regulation, a provider of regulation technology for the financial services industry has launched a solution to support the new regulation standard.
The new product grows Cappitech’s MiFID II suite of offerings that already includes Transaction Reporting, Trade Reporting to an APA and Best Execution monitoring.
Cappitech’s RTS 27 solution is powered by Capptivate, a scalable cross-regulation reporting platform that can be customised to handle inputs of diverse file formats and outputs of numerous regulatory reports.
Part of Article 27 of the MiFID II framework that governs Best
Singularity-X, a new professional digital asset exchange, has started live trading the most popular cryptocurrencies – BTC, LTC, ETH, and DASH, with both crypto/crypto and crypto/fiat trading available and trade pairs available in USD and EUR.
Additional cryptocurrencies and tokens will be gradually added to the exchange, which is headquartered in the European Union. Clients wanting to trade a crypto/fiat pair will undergo the standard KYC/AML procedure. Singularity-X is now using Thomson Reuters World-Check Risk Intelligence to help meet due diligence obligations, including requirements under KYC and AML legislation.
Initial information and details regarding the exchange were presented in
Exchange Data International (EDI), a provider of global security corporate actions, pricing and reference data services, has launched its Canadian Fixed Income Evaluated Pricing service.
EDI currently prices over 30,000 CAD fixed income securities on a daily basis and has already started to deliver Canadian fixed income evaluated prices to some of Canada’s top investment firms. With the addition of the Canadian Fixed Income Evaluated Pricing service the company expands its current offering by including the following fixed income asset classes: CAD Government Bills and Bonds; CAD Government Agencies Bonds; Provincial Government Bills and Bonds; CAD Municipal Bonds; and CAD Corporate
CME Group and Crypto Facilities Ltd have launched the CME CF Ether-Dollar Reference Rate, which will provide a daily benchmark price in US dollars at 4pm London time, and CME CF Ether-Dollar Real Time Index, which will allow users access to a real-time Ether price in US dollars.
Both the Ether Reference Rate and Ether Real Time Index will be calculated by Crypto Facilities and will be based on transactions and order book activity from two major cryptocurrency exchanges: Kraken and Bitstamp. The reference rates are available today on CME Group and Crypto Facilities websites and will be distributed on
Hedge fund and private equity administrator, JP Fund Administration (Cayman) Ltd, has grown its Assets Under Administration (AUA) to more than USD5 billion, bringing the JP Integra group total AUA to more than USD6 billion.
Dave van Duynhoven (pictured), head of fund services at JP Integra, says: “2017 was a year of investment in systems and processes to enable us to handle the growing demand for our Cayman based administration services. We passed USD6 billion AUA for the first time and we are excited by prospects in 2018, especially in private equity and investment funds for Family Offices and HNWIs.
BitSpread, a blockchain asset research and advisory firm, has launched BlockBerry, a new managed account platform.
The platform offers specialised, bespoke, managed account access to blockchain assets for institutions (both US and non-US), enabling self-management or third-party management. The blockchain assets covered include crypto-currencies, utility tokens and security tokens traded on regulated exchanges. BitSpread has five years of experience in the space and through its advisory role to the biggest market neutral liquidity fund accounts for over USD1 billion of crypto-currency transactions every month.
Cedric Jeanson (pictured), founder and CEO of BitSpread, says; “In the last five years we
Tradecraft Capital, a crypto asset hedge fund and investment company, has launched its first fund, the Tradecraft Crypto Asset Fund, an actively-managed portfolio of concentrated, high-conviction positions.
Unlike many crypto hedge funds that act more as a long-term focused venture fund or a typical long-short trading hedge fund, the fund is focused on active management with a medium-term time horizon.
“Crypto assets are the first invention in ‘money’ since double-entry accounting was invented in the 1400’s. Blockchain and crypto assets will revolutionise how we transact business because it offers new ways to accumulate, govern, store and transfer value,” says
Marex Spectron, a global commodities broker and research house, has formed a joint-venture with Earth-i, a specialist ‘New Space’ technology provider, to develop and distribute a range of analytical tools.
Working alongside Marex Spectron’s award winning Market Analytics division run by Dr Guy Wolf (pictured), the joint-venture will initially focus on the copper market, combining Earth-i’s very high-resolution satellite imagery and video analytics with Marex Spectron’s datasets to produce end-to-end analytics and insight products.
Earth-i is at the forefront of an era known as New Space, driven by commercial and governmental organisations wanting to use high-quality, timely images and
Eze Software is launching an upgrade to its buy-side client service experience based on direct client feedback asking for a personalised solution.
The Personalised Client Experience aligns the client service organisation to consistently deliver high-quality, scalable, and personalised support to investment operations using Eze Software. Eze Software’s client service organisation has grown to 450 staffers worldwide through the end of 2017.
“As a long-time trusted service provider, we know how important fast, knowledgeable, and personalised support is to our clients. We created a structure that would enable us to achieve a higher level of quality and consistency in how
