Solutions
SEI has formed a strategic partnership with Quovo, a provider of account aggregation and data analytics for finance, to implement data-aggregation applications that will provide real-time account information for financial intermediaries and end-investors.
“Quovo is a well-respected provider of account aggregation in the financial services industry, and their way of thinking aligns with ours – empowering firms through technology,” says Ryan Hicke, Chief Information Officer at SEI. “The wealth management industry is rapidly evolving, and the continuous development and enhancement of technology are catalysts for that change. APIs are one component of SEI’s enterprise strategy to harness next-generation technologies and
AlphaCore Capital, a La Jolla-based wealth management firm, has launched factorE, a wealthtech tool powered by machine learning, designed to uncover the risks and exposures of multi-asset portfolios through visual simulations on a single interface.
AlphaCore designed factorE to help advisors, portfolio managers and analysts better understand the factors impacting today’s diverse portfolios.
“Our team at AlphaCore searched for a solution to effectively manage complex portfolios that may hold a combination of mutual funds, ETFs, stocks, commodities, and alternative investments,” says Dick Pfister (pictured), CEO and Founder of AlphaCore. “When we couldn’t find one, we partnered with a team
Ripjar, a company that enables institutions to counter money laundering, cybercrime and other security threats, has appointed former GCHQ Director Sir Iain Lobban KCMG CB as a Senior Advisor.
Lobban will be providing strategic advice as Ripjar increase the pace and scale of its global operations in the highly competitive cyber security and anti-money-laundering sectors.
Lobban served at GCHQ – the UK Government Communications Headquarters – for over 30 years, becoming Director in 2008, after having previously served as Director General for Operations from 2004. As Director of Britain’s national signals intelligence (SIGINT) and information assurance capability, he worked
Neudata has officially launched its alternative data use-case research platform designed for use by investment managers seeking a competitive edge. This new use-case research capability is available as an enhanced feature of the Neudata Scout digital data intelligence platform.
“Our new alternative data use-case research tool encompasses any material which demonstrates how an alternative dataset is used in investment management toward a particular strategy, or investable index investment theme, or specific analysis purpose,” says Rado Lipuš (pictured), CFA, Founder and CEO of Neudata. “Use-case research provides clear evidence – such as through backtesting or modelling – as to how a
Cross-industry coordination around response and recovery mechanisms are essential to mitigating the systemic consequences of a large-scale attack on the global financial system, according to a white paper published by The Depository Trust & Clearing Corporation (DTCC) and Oliver Wyman, a global management consulting firm.
The white paper cites a need for additional efforts around specific cyber-scenarios and limited industry-wide testing as two key factors that could complicate the ability of banks and other financial institutions to react quickly to an attack.
The paper, which features extensive research and interviews with over 50 subject matter experts including financial services
Digital Shadows, a specialist in digital risk management and relevant threat intelligence, has expanded into Germany and Singapore with the opening of local offices and the recruitment of country managers in both key markets.
Stefan Bange has joined to run Digital Shadows’ German and DACH region and Lawrence Loh will run the Far Eastern region based out of Singapore.
“We are delighted to welcome Stefan and Lawrence to the Digital Shadows family and excited to be able to attract individuals of their calibre and experience to the company,” says Alastair Paterson (pictured), CEO and Co-Founder of Digital Shadows. “With
Tora, a supplier of asset management technology, and Kenetic, a blockchain and cryptocurrency investment firm, have launched Caspian, a joint venture providing institutional investors with a full-stack crypto trading and risk management platform.
The crypto asset management solution provides sophisticated connectivity and interoperability across various cryptocurrency exchanges and is expected to drive exponential participation in crypto-trading by institutional investors.
As of February 2018, the average daily exchange-trading volume across all crypto assets was more than USD50 billion, and the total estimated market cap for blockchain instruments exceeded USD700 billion. Market analysts expect that number to rise to USD10 trillion
City Credit Capital, a London based online multi-asset trading specialist, has formed a new partnership with Argentina Clearing and Rosario Futures Exchange (ROFEX).
ROFEX was founded in 1909 and is a leading market for futures and options in Argentina. According to the 2017 annual raking from the Futures Industry Association (FIA) ROFEX is positioned in 23rd place worldwide and is the second largest in Latin America.
Argentina Clearing was authorised in June 2002 by the National Securities Commission to act as the Clearinghouse for Futures and Options and, since November 2002, it has become ROFEX´s CCP.
The partnership, expected
The first investable British cryptocurrency mine has launched. The mine, which will be Britain’s biggest, will be open to qualified investors through a limited company – The Third Bladetec Bitcoin Mine Ltd – which is governed and protected by UK law.
The Third Bladetec Bitcoin Mine Ltd is being launched, and will be operated, by Bladetec, a technology firm established in 2002. John Kingdon, a founding partner, will manage it alongside Declan Kennedy, founder of the Irish Forestry Funds and former Irish Entrepreneur of the Year. Bladetec has experience providing disruptive technology solutions to large multi-national organisations in both the public
RSK, a smart contract platform powered by the Bitcoin network, has launched on Decentral’s Jaxx cryptocurrency wallet and multi-token digital platform, paving the way for RSK’s open source platform to implement Ethereum-style smart contracts over the Bitcoin network.
RSK combines the flexibility of smart contracts with the Bitcoin infrastructure, bringing endless possibilities to build a more flexible and inclusive financial system that will improve the life of billions of people. RSK successfully released its MainNet network, built as a side-chain to the Bitcoin mainnet, in January 2018. It is now presenting the first wallet that will help DApp developers manage their fuel
