Solutions
Liquidnet, a global institutional trading network, has made two enhancements to its Next Gen Algo suite, the company’s premium offering of liquidity-seeking and benchmark strategies designed specifically for institutions.
The newest addition to the Liquidnet Virtual High Touch suite: Targeted Invitations from Algos integrates one of Liquidnet’s most popular liquidity-seeking products with its Next Gen Algo suite. Targeted Invitations allow buyside traders to intelligently seek out liquidity from other asset managers that they may not be actively trying to trade and that may not be available on any blotter. Targeted Invitations from Algos helps automate that process and allows an
CMC Markets has expanded its multi-asset liquidity offering by becoming part of the XCore community.
Through the XCore, financial institutions access the most liquid market in the world. The XCore’s innovative and cutting-edge technology benefits hundreds of financial institutions by providing them with liquidity through Tier 1 banks, prime brokers and other liquidity sources.
Through the XCore community, CMC Markets will be able to offer its wide range of top-tier liquidity including currency pairs, indices, commodities and treasuries to a larger pool of financial institutions at ultra-low latency connectivity.
PrimeXM CEO, Cristian Vlasceanu says: “Committed to our mission
The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has published a consultation paper setting out its proposed framework to regulate spot crypto asset activities, including exchanges, custodians and other intermediaries, to be undertaken in ADGM.
The FSRA is proposing a fit-for-purpose regulatory framework that effectively addresses the full range of risks associated with crypto asset activities. For crypto asset exchanges, it will entail proper regulation as market infrastructures addressing key risks including anti-money-laundering and counter-terrorist financing (AML/CTF), consumer protection, technology governance and safe custody. This best-in-class regime addresses concerns from regulators, institutions, corporates and investors by
London Block Exchange (LBX) – the UK’s only dedicated multi-cryptocurrency exchange – has added Bitcoin Cash (BCH) and Ethereum Classic (ETC) to its offering of cryptocurrencies.
This makes LBX the sole player offering GBP pairing with both these cryptocurrencies, in addition to being the only exchange underpinned with UK on-shore banking.
This takes LBX’s total coins listed to six (in addition to BTC, ETH, LTC, XRP) and comes just weeks after LBX added Ripple (XRP) to its exchange – showing its senior team are proving good on their promise to roll out ‘multiple new coins’ on a regular basis.
Every fund manager knows that the risks of cyber attacks impacting the way they do business are exponentially rising. For some managers, knowing the proper approach to cybersecurity, within the limits of available resources and budget, can feel disorientating.
To overcome this, firms are best advised to think about taking a layered approach to building a robust cybersecurity posture. Eze Castle Integration refers to three tiers, with Tier 0 representing the most basic must-have protections. The next level up, Tier 1, is a standard framework that builds on the basics of Tier 0 and incorporates additional enhanced features and employee
Linedata is launching a new version of its fund accounting platform, Linedata Mfact 11.3, streamlining and automating key operational processes to deliver increased efficiency for users.
Linedata’s leading global fund accounting platform provides full portfolio and general ledger support for all fund types, including mutual funds, hedge funds, trusts, pension funds and separately managed accounts, for use by fund sponsors, investment managers and third-party administrators alike. Mfact caters for multi-currency, multi-share class, multi-manager and multi-tiered fund structures and fully automates the NAV production process.
This latest update offers enhancements in the following areas: bank debt – special logic to
By George Ralph, RFA – A global cybersecurity company recently commissioned the Ponemon Institute to conduct a survey to inform a study on cybersecurity global megatrends in 2018. The results, while not surprising, are incredibly interesting and echo the messages that RFA has been giving to my clients for the past three years.
The report outlines the issues that respondents believe will become megatrends in the coming year and start with the belief that unsecured IoT devices are very likely to be the cause of a data breach. The rate at which new technology is entering into the mainstream, and
Cryptocurrency research firm Crypto Fund Research reports that prices for cryptocurrencies like Bitcoin and Ethereum are off about 50 per cent from their December 2017 highs and the SEC has announced its intent to investigate over 100 crypto hedge funds.
“Yet those hurdles haven’t slowed the explosive growth of new crypto investment funds launching across the US,” the firm says. “With over 100 new crypto fund launches, 2017 was a record year for the industry. The explosive growth of the cryptocurrency and blockchain investment universe has continued in 2018.
“Already there have been 34 new crypto fund launches this year,
Pacific Global Asset Management has selected Virtus Partners (Virtus), a global provider of alternative investment operations outsourcing and administration services, to provide full middle office and fund administration services to their newly launched CLO investment fund, managed by Pacific Asset Management.
Virtus Fund Services offers a custom suite of middle office and fund administration services exclusively for credit managers and has offices in New York, London, Houston, Austin, Dublin and Luxembourg with over USD140 billion in assets under administration.
“Pacific Global Asset Management is committed to leveraging state of the art technology to enhance our controls and efficiencies,” says
With only 30 days until implementation, more than 50 per cent of investment firms globally are unlikely to be ready for the European Union’s new General Data Protection Regulation (GDPR) on 25 May 2018.
That’s according to a global industry survey of over 250 financial firms carried out by Cordium, a leading provider of governance, risk and compliance services, along with AmberGate, a data protection and security compliance specialist.
Designed to benchmark investment management firms’ readiness for GDPR, the survey revealed a lack of preparedness in advance of the regulation’s implementation date. With time running out, only 2 per
