Solutions
StatPro Group, an AIM-listed provider of cloud-based portfolio analytics and asset pricing services for the global asset management industry, has migrated a key StatPro Revolution portfolio analytics engine to the Microsoft Azure Data Lake Analytics platform.
StatPro Revolution’s cloud processor engine was already leveraging the Microsoft Azure cloud platform using an HDInsight server cluster. In order to harness the power and elasticity of the cloud better, and to offload big data analysis and storage further from the core Revolution system to server-less cloud computing, StatPro has selected the Azure Data Lake Analytics service.
Microsoft Azure Data Lake Analytics offers
By Samer Ojjeh, Principal at EY – Technology continues to be a major driver of change within the hedge fund industry, with a marked effect on hiring practices. Managers are realising that to survive in today’s highly competitive and innovative environment, they need to look beyond the traditional talent pool of portfolio managers, analysts and quantitative or algorithmic fund managers that have built the foundation for decades.
Managers want and need talent in every function and at every level that embraces and understands digital technology. Not just programmers in the back office – yes, those too – but across the spectrum
Argentex, an FCA regulated provider of foreign exchange services to corporate and private clients across EMEA, has been ranked the world’s most accurate forecaster of GBP/USD and EUR/USD currency pairs by Bloomberg.
The rankings have placed Argentex as the most accurate forecaster of EUR/USD – the world’s most traded market – for three consecutive quarters, underpinning the exceptional level of accuracy and speed of execution and expertise of its specialist team.
Argentex transacted more than USD10 billion of currency in 2017 for corporate and private clients globally.
Bloomberg’s rigorous methodology ranks FX forecasters based on three criteria: margin
BitUN, a private bank for blockchain assets, is to list its BUC token on Coinsuper starting from 15 April 2018, with plans to the list on other exchanges including Huobi.
After listing on Coinsuper, the token will initially support BUC/BTC transactions, with other token pairs being available soon after.
BitUN is a private bank for blockchain assets. Based on HIGGS blockchain network, BitUN uses the Lightning Network 2.0 technology to establish a digital currency settling and liquidation network that resolves the issues of heterogeneous blockchain asset management and liquidation. At the same time, BitUN has remodelled the structure of
By George Ralph, RFA – As many firms in the alternative investment sector, and certainly many of our clients, look for new ways to improve investment strategies and drive efficiencies in their businesses, against a backdrop of strict regulations and compliance requirements, investment in technology and innovation continues to rise.
Whilst automation of workflows and business processes are not new concepts, the introduction of robotic process automation (RPA) is fairly new and is gathering rapid pace in the media.
RPA utilises software bots to automate routine and repetitive tasks to increase business productivity, challenging how businesses operate. It sounds incredibly
ACA Compliance Group (ACA) is to acquire Cordium, a provider of governance, risk and compliance (GRC) services. The financial terms of the transaction, which is expected to close this summer, subject to regulatory approvals, have not been disclosed.
The complementary strengths of both firms will ensure that clients will have access to the highest calibre regulatory consultancy services and technology – and will serve as the springboard for further product innovation and global expansion. The acquisition also will expand ACA’s services in Europe to include Cordium’s regulatory hosting platform, Mirabella, and a post-Brexit EU office.
Robert L Stype, CEO
Cboe Global Markets is to migrate the Cboe Options Exchange to the company’s proprietary Bats technology on 7 October 2019. The planned migration of Cboe Options Exchange to Bats technology follows similar migrations for Cboe Futures Exchange (CFE) and C2 Options Exchange.
CFE was successfully migrated to Bats technology on 25 February 2018, while the planned migration of C2 Options Exchange is on track for 14 May 2018. Upon completion of the planned Cboe Options Exchange migration, all of the company’s equities, options and futures markets will trade on proprietary Bats technology.
Cboe Options Exchange is the company’s largest
Alternative investment firm Angelo, Gordon & Co has selected Intapp Terms to track and manage side letters, limited partnership agreements (LPAs) and other investor contracts.
Angelo, Gordon’s investor relations and compliance teams will use AI-assisted technology from Intapp to categorise the terms specified in each LPA and side letter as new clients are on-boarded, and then employ Intapp Terms to search and check individual investor requirements, and efficiently ensure compliance with those requirements.
The Intapp Professional Services Platform will also automate alerts to relevant employees or departments when information needs to be disclosed to investors, or when any other
Agio, a provider of managed IT and cybersecurity services, is to launch Agio SkySuite, a fully-hosted public cloud productivity and cybersecurity suite tailored for small and emerging alternative investment firms.
SkySuite is the first and only program of its kind, providing emerging funds with a fully-hosted infrastructure in Microsoft Azure’s Public Cloud. The program is an outgrowth of Agio’s ongoing partnership with Microsoft Azure, a leading public cloud service.
A comprehensive IT and cybersecurity solution, SkySuite is designed specifically for emerging funds and startups that may lack the necessary in-house resources to develop and manage their own infrastructure within
SteelEye, a compliance technology and data analytics firm, has formed a technology partnership with Solgari, a provider of compliant, integrated omni-channel cloud communications services.
The partnership will integrate SteelEye and Solgari’s cloud platforms, allowing clients to meet many financial services regulatory requirements while opening up significant data analysis opportunities.
SteelEye’s software reduces cost and complexity for financial service firms meeting their MiFID II obligations for Record Keeping, Transaction Reporting, Trade Reconstruction and Best Execution, while allowing these firms to extend intelligence through Surveillance functionality and gain further valuable insight from their own data.
Solgari provides customers all the
