Solutions
SALI Fund Management, a specialist in the creation and administration of Insurance Dedicated Funds (IDFs), has secured a growth capital investment from affiliates of Long Ridge Equity Partners LLC.
Proceeds from the financing will be used to further invest in growth initiatives and to provide partial liquidity to retired shareholders and will allow active shareholders to continue to invest in the business. The day‐to‐day operations and decision making of SALI will remain unchanged with the firm’s Managing Principal, Thomas A Nieman (pictured), continuing to lead the organisation.
Founded in 2002, SALI administers IDFs for a broad range of alternative
MUFG Investor Services has partnered with Point Nine Limited, a specialist in outsourced operations, processing and reporting for post-trade execution.
Point Nine’s middle office platform, Circle, will be available to MUFG Investor Services’ clients enhancing the firm’s existing Business Process Outsourcing (BPO) technology offering.
In light of increased regulations, such as MiFID II, and additional requirements for asset managers to handle more data, this partnership between MUFG Investor Services and Point Nine aims to relieve some of the operational burden for managers.
“As our clients navigate new regulations and respond to technological trends, they’re increasingly relying on trustworthy
Cambridge Capital, a hedge fund with a focus on cryptocurrencies, will be joining the Apex Token Fund, the first tokenised fund of funds. The firm’s mixture of long- and short-term trading strategies will add profitability and security to Apex, allowing it to achieve consistent returns for its investors.
Cambridge Capital invests in a wide range of ICOs, liquid tokens, and protocols, dividing its investments into long and short categories. Long investments are chosen on the basis of code and team reviews, regulatory concerns, and likelihood of being replaced with existing coins. Meanwhile, short investments are selected based on market analysis.
Cboe Global Markets has successfully migrated the Cboe Futures Exchange (CFE) to its proprietary Bats technology with trading on the new platform opening in Global Trading Hours at 5:00 pm CT on Sunday, 25 February.
At the end of the trading session at 4:00 pm CT on Monday, 26 February, 98 trading firms accessed the new platform, trading a total of 159,492 contracts.
Ed Tilly (pictured), Chairman and Chief Executive Officer of Cboe, says: “As we said at the start of this process, we are laser focused on executing a seamless technical and operational integration of our exchange platforms. The
Commcise, a provider of a commission management, research valuation and accounting platform, and Singletrack, CRM and data analysis specialist for the sell-side, have teamed up to offer high-quality consumption data from Singletrack customers directly to Commcise buy-side customers.
MiFID II now requires buy-side participants to accurately measure, value and report every aspect of corporate access and research consumption. The majority of Commcise buy-side customers have research relationships with Singletrack customers, and this integration puts a direct link between both of their platforms while maintaining the utmost levels of security and data confidentiality.
Customers on both sides benefit from the
TORA, a provider of a cloud-based order and execution management systems, has launched its new TORA Reporting solution, giving asset managers the ability to see and report on their trading operations anytime, anywhere.
TORA Reporting lets users perform calculations on any data source and create reports with clear visualisations and charts. The new solution is integrated into the TORA platform and can be accessed via the web or on a mobile device, giving users an immediate view into their trading operations.
Asset managers are under tremendous pressure today to meet increased transparency, reporting and best execution requirements demanded by
QuantHouse, the independent global provider of end-to-end high performance market data and trading through API based technologies, had added CMC Markets to its qh API Ecosystem.
CMC Markets’ Institutional division offers a multi-asset product range (including Equities, Equity indices, FX & Commodity derivatives etc) to banks, hedge funds and brokerages who want wholesale access to the company’s highly regarded technology via CMC’s Direct API, Prime API and various Front end platforms.
Access to CMC Markets’ trading platform will be available from QuantHouse’s qh API Ecosystem. By joining the qh API Ecosystem, financial firms as well as QuantHouse’s clients will have easy, efficient
Thomson Reuters and DealVector have partnered to integrate access to certain DealVector identity-protected messaging capabilities with Thomson Reuters Loan Pricing Corporation (LPC) desktop products.
The integration will enable LPC clients viewing CLO and loan data to connect to holders of those specific assets.
Thomson Reuters LPC is a provider of information on the syndicated loan and CLO markets. DealVector is the fixed income electronic asset registry which allows market participants to source liquidity, communicate, and exercise governance rights by connecting directly to other market players affiliated with a specific bond, loan, or other financial asset.
In addition to
NEX has partnered with China Foreign Exchange TradeSystem (CFETS), China’s interbank market trading platform and infrastructure provider, to launch CFETS FX2017 (FX2017), a new trading platform for the Chinese foreign exchange (FX) market.
Having selected NEX to deliver the underlying technology for the new services in June 2016, CFETS launched the first phase of FX2017 with a central limit order book (CLOB) platform for spot onshore Chinese renminbi (CNY) on 4 December 2017. An anonymous execution capability for the Chinese market, market participants will have access to a central pool of liquidity and a public reference point for spot CNY pricing.
ACA Technology Solutions, a provider of investment management and regulatory technology solutions, has launched an integrated Performance Engine for the NorthPoint Data Warehouse.
The Performance Engine calculates performance across multiple time periods, calculation methodologies, and multi-level aggregations, allowing for the seamless calculation, presentation, and analysis of performance data from one platform.
“Our clients update their performance numbers throughout the month and need to answer questions such as; ‘What did we know to be true on the 10th of last month, when we sent out a Flash Report, which did not have the valuation change we processed on the 12th?’,”
