Solutions
Singapore-based, long-term value hedge fund manager QQQ Capital is to use Eze Investment Suite to automate its operations.
QQQ Capital will be launching the QQQ Capital Feeder Fund, a USD100 million fund focused on technology, education and tourism, in early 2018, and will use Eze Investment Suite to help streamline its front-to-back investment workflows.
As a fundamental long-short equity hedge fund, QQQ Capital required a robust automated risk management approach to monitor and comply with regulations, stock restrictions, limits on equity weights and investor guidelines. Eze Investment Suite will support pre-trade and post-trade risk management and compliance, performance and
TABB Group, an international research and consulting firm focused exclusively on capital markets, has released its first monthly report tracking liquidity in European equity markets.
The new report, named the European Equities LiquidityMatrix, provides trading and investment firms with an independent and consolidated view of market share trends across all major European equity venues and execution channels, including lit and dark venues, Systematic Internalisers (SIs), periodic auction books and Large in Scale (LiS) venues.
MiFID II is expected to dramatically shift liquidity in equity markets, with a new share trading obligation banning broker crossing networks, and the introduction of
DTCC has announced the completion of the first cleared collateral provider sponsored repo transactions by State Street Bank and Trust and funds managed by Capula Investment Management LLP.
This marks a significant step in furthering buyside participation in CCP clearing and bringing greater risk mitigation to the repo market. Although DTCC’s subsidiary Fixed Income Clearing Corporation (FICC) has operated its Sponsored DVP Repo Service since 2005, it only expanded participation in this service beyond Registered Investment Companies (RICs) in May 2017. Since then, this service has seen volumes double previous peaks. Historically, the involvement of cash providers has brought only
Transaction Network Services (TNS) has expanded its Managed Hosting, Co-Location and Connectivity Service to New York and Chicago.
TNS’ new solution, already launched in Europe and Asia, provides efficient and cost-effective managed hosting in remote data centre locations on behalf of financial market participants and providers. The service allows them to enjoy the benefits of proximity co-location, such as ultra-low latency exchange access and client cross connects without the high cost and complexity of researching, procuring, installing and managing trading infrastructure themselves.
Tom Lazenga (pictured), Vice President of Sales for TNS’ Financial Services Division, says: “New York and Chicago
With the global financial crisis of 2008 now a decade in the past, much has changed in terms of how offshore private funds are governed and monitored. The highly publicised Weavering case in 2009 brought the role of fund directorships into sharp focus, specifically the lack of robust independent oversight.
Exchange Data International (EDI) is the latest provider to join the QuantHouse API Ecosystem.
EDI is a provider of data reference services whose content includes worldwide equity and fixed income corporate actions, dividends, static reference data, closing prices and shares outstanding, delivered via data feeds and the Internet.
By integrating to the QuantHouse API, firms can access EDI’s securities reference data and end of day pricing services designed to enhance a quant’s trading decisions. Data coming into the ecosystem is normalised which ensures that services can be rapidly and widely distributed to the ever-expanding QuantHouse ecosystem community. QuantHouse’s API-enabled
Seasoned fund administration professional, Chris Meader (pictured), has launched the North American Fund Administration Association (NAFAA) which will aim to define, promote and encourage collaboration for best practices in the industry.
Meader’s previous roles include Vice President of JPMorgan Hedge Fund Services and Senior Vice President of Citi Hedge Fund Services, while he was most recently Senior Managing Director at State Street’s Alternative Investment Solutions.
NAFAA will look to address the requirements and goals of investors and allocators, generate a useful and progressive dialogue with regulators and ultimately enhance and improve both the reputation and understanding of the North
Charles River clients subject to the European Union’s Markets in Financial Instruments Directive II (MiFID II) are now able to comply using the Charles River Investment Management Solution (Charles River IMS).
Charles River has worked with clients across Europe, North America and Asia to deploy the necessary capabilities in time for the regulation’s 3 January implementation date.
Charles River’s MiFID II solution captures key data and trade lifecycle decision points needed for buy side firms to comply with trade and transaction reporting, best execution and commission management requirements. Charles River has also partnered with several MiFID II Approved Publication
For most new fund managers the concept of having to prepare for a financial audit is entirely novel. Knowing what is involved and how best to prepare, in terms of applying best practices, is a new discipline, yet it is one that is crucial to running a successful fund management business.
With respect to the meteoric rise of cryptocurrency funds, there are only a handful of auditors that really know what they are doing, in terms of supporting them. For these managers, therefore, choosing the right auditor is important. If not, and they run into difficulties because the appointed auditor
By Richard Spencer, Partner, Campbells Legal – The stratospheric rise in the value of cryptocurrencies throughout 2017, coupled with significant price volatility, caught the attention of the world at large. Opinions remain polarised, with regulators warning “Main Street investors” of the risks associated with purchasing virtual currencies and cryptographic tokens. The underlying distributed ledger technology is far less controversial, with well-known global financial institutions investing heavily in this space.
Investment managers looking to launch crypto-focused investment funds aimed at professional investors often wish to set up a standalone, master-feeder or mini-master fund structure in the Caymans Islands. With many global
