Solutions
New Street Research has appointed Bryan Fingeroot to a senior sales role in the Americas effective 16 April, based in New York.
Fingeroot has an extensive background in equity sales and marketing, having most recently been MD and Head of Product Flow at Credit Suisse, based in New York.
In an 18-year career Bryan has held senior sales, marketing and management positions at Bear Stearns, Deutsche Bank and latterly Credit Suisse. His roles and responsibilities have embraced not just equity sales but also the development of special situations analysis, product development for thematic and idea-driven research, risk management as
Hong Kong Exchanges and Clearing Limited (HKEX) is the first exchange customer in Asia to successfully deploy Nasdaq SMARTS Market Surveillance’s latest machine learning and participant relationship discovery technology across its equity market.
Nasdaq has worked closely with HKEX’s Market Surveillance team in implementing machine learning to analyse unusual trading activities and their subsequent categorisation by surveillance analysts. The aim of these algorithms is to predict which actions analysts are likely to take based upon their handling of historical activity as well as discovering new relationships within the data. With new machine learning capabilities, the surveillance functions of HKEX will be
George Ralph, Managing Director of RFA, recently chaired a breakfast briefing on Operational Due Diligence for private equity firms. With a knowledgeable and varied panel he debated the growing importance of being absolutely shipshape and watertight when it comes to investor due diligence around operations and talked about how GDPR will affect everyone and what can be done to make sure firms are not only meeting ODD requirements, but exceeding them too.
The ODD landscape
It has been a record year for private equity funds raised, and the total assets stand now at £2.83 trillion. The hedge fund space is
Ultimus Fund Solutions has acquired Woodfield Fund Administration, a privately-owned private fund administration firm headquartered in Chicago, Illinois.
Ultimus says that the combination will allow each firm to better leverage technology investments, resources and assets, providing current and prospective clients the opportunity to access a larger range of services from one combined firm with a hallmark of exceptional client service. After the acquisition, the firm will serve over 140 clients with nearly 200 employees, and Ultimus’ assets under administration will grow to more than USD75 billion. Ultimus, headquartered in Cincinnati, Ohio, will also maintain offices in Chicago, Illinois and Denver,
Business information provider IHS Markit has added 35 cybersecurity risk factors on more than 3,000 public companies to Research Signals, its quantitative equity research product.
The cybersecurity risk factors are based on security ratings from BitSight, a leading provider of actionable risk intelligence, and deliver investment risk indicators for institutional investors.
“Cybersecurity weakness is an important risk that investors need to monitor, and cases such as Equifax underscore the consequences of data breaches on stock prices,” says Chris Hammond (pictured), executive director, Research Signals at IHS Markit. “BitSight Security Ratings provide a quantitative measure of a specific company’s cybersecurity
DTCC-Euroclear Global Collateral, a joint venture of Euroclear and The Depository Trust & Clearing Corporation (DTCC), and fintech company NEX, have formed a new partnership which is aiming to improve OTC derivatives margin call processes.
As a new member of the GlobalCollateral Partner Program, NEX is currently working to link its triResolve Margin web-based collateral management solution with GlobalCollateral’s Margin Transit Utility (MTU) to provide mutual clients with a centralised view across margin call operations. The connected service will also help users to meet regulatory compliance objectives around the margining of uncleared OTC derivatives transactions.
Through this partnership, mutual users will be able to
Northern Trust Hedge Fund Services (NTHFS) has launched Cash Optimization, an automated service for viewing and efficiently managing cash across all currencies and counterparties to meet funding needs, maintain target reserves and generate alpha by investing excess cash.
Developed in partnership with Hazeltree, a provider of treasury solutions, the new service offers a comprehensive approach to managing cash based upon current balances, forecasted transactions and market data such as financing, interest and foreign exchange (FX) rates.
The Cash Optimization service leverages Hazeltree Optimizer, a rules-based cash optimisation platform, and is fully integrated with NTHFS to provide clients a single
FactSet, a provider of integrated financial information and analytical applications has launched the Open:FactSet Marketplace, a new online platform that offers both financial and alternative data.
This launch marks a significant milestone for FactSet’s fast-growing Content and Technology Solutions business, which provides core data feeds such as macro market and event-driven data in addition to proprietary datasets such as supply chain and geographic revenue exposure content.
From streaming real-time data to historical information, FactSet offers award-winning content through desktop, web, mobile and off-platform solutions. The Open:FactSet Marketplace reinforces FactSet’s commitment to providing clients with the best available data and
Baringa Partners is working in partnership with London-based compliance and data analytics firm SteelEye, to provide solutions for the Reg tech market.
Baringa says it has identified compliance as a huge opportunity in terms of technology investment, as financial services firms want sustainable solutions that can be ‘plugged in’ instantly. As the RegTech market continues to grow in terms of maturity, viability and sustainability, Baringa believes investment will continue to grow, with new products entering the market and firms embracing RegTech in their existing business models. The firm also views London as a hotbed for RegTech start-ups and developments in
Cryptocurrency broker BCB Group has launched an institutional prime brokerage solution, specifically designed to cater for the needs of institutional clients who need OTC best execution for their own accounts and who wish to offer cryptocurrency products and services to their own clients.
The solution is aimed at investment managers and hedge funds, including cryptocurrency funds, private banks, family offices and wealth managers.
Aiming to provide seamless infrastructure covering onboarding, execution, settlement, reporting and custodianship, BCB Group’s service enables institutions to offer their investors access to many cryptocurrencies across the spectrum of the asset class. For this unregulated market,
