Solutions
Metamako, a provider of intelligent, FPGA-enabled network platforms, is providing its technology to Deutsche Börse Group to increase the accuracy, speed and precision of data capture, network monitoring and timestamping of its co-location network.
Every trade is now monitored by a Metamako device, making it an integral part of the Deutsche Börse infrastructure.
The exchange is deploying Metamako’s K-Series network devices running MetaWatch, an ultra-precise tapping and timestamping application, which gives the exchange unprecedented insight into the customer-facing part of its network. It also gives Deutsche Börse the ability to accurately record and recreate all trading activity to ensure fairer
B2C2, a cryptocurrency market maker, has appointed Phillip Gillespie as CEO of B2C2 Japan. Effective 29 January, Gillespie will lead the company’s operations in Tokyo.
Phillip joins from Goldman Sachs where he oversaw the FX G10 business for EMEA as part of the systematic market making team. Previously, he was an FX voice and systematic trader at Barclays and J.P. Morgan.
“I am very pleased to welcome Phillip as CEO of B2C2 Japan. His expertise in the FX market will be a great asset as we ramp up our business in Japan and the Asia Pacific region more broadly. Having a
Conyers Dill & Pearman has launched an innovative Funds eTool – the first of its kind for offshore investment funds.
Technology is tearing down the walls to options strategies previously available only to the largest investors, and is helping more investors guard against market risk and take advantage of market opportunities.
That’s according to data released by the Options Clearing Corporation, which reveals that total US exchange-listed options volume topped 4.3 billion contracts in 2017, the third highest on record and up 4 per cent from 2016, according to
“Today’s renewed options market growth reflects a new generation of educated, client-focused financial advisors working with their clients to apply appropriate options strategies across portfolios,” says Eric Metz (pictured), CFA,
Northern Trust Corporation has reached an agreement with Citadel to bring Omnium technology development in-house – including a team of key development professionals as well as software development rights for its Omnium technology platform.
The agreement gives Northern Trust greater control over technological enhancements. Additionally, the transaction enables deeper collaboration between Northern Trust’s operations professionals and the team of developers to provide innovative solutions for alternative fund managers, asset managers, institutional investors and family offices worldwide.
Northern Trust acquired Citadel’s hedge fund administration business (Omnium®) in 2011 and licensed their middle and back office investment technology. That business, now
Fenimore Asset Management (FAM) has selected Ultimus Fund Solutions to provide services for its three mutual funds, with USD1.6 billion in net assets.
FAM, a Cobleskill, New York based firm, converted the servicing of their funds to Ultimus after performing the functions internally since the inception of the funds in 1987.
FAM hired Ultimus to provide fund administration, fund accounting and financial reporting services for the FAM Funds which include: FAM Value Fund, FAM Equity-Income Fund, and the FAM Small Cap Fund. Ultimus has also been hired by FAM Funds to provide Chief Compliance Officer services to these three
Thomson Reuters has successfully gone live with its key MiFID II services, helping the financial services industry meet the new regulatory requirements.
The new services are part of Thomson Reuters’ commitment to providing a comprehensive suite of solutions to assist the financial services industry with ensuring ongoing compliance with MiFID II requirements.
Services with major updates since 3 January include: updated MiFID II compliant data already available to clients from 57 global exchanges, and eight new MiFID II trading and reporting venues, including Tradeweb’s Approved Publication Arrangement (APA) and MTS BondVision’s Multilateral Trading Facility (MTF); an enhanced Multilateral Trading
IZNES, the pan-European record-keeping platform for funds powered by SETL’s blockchain technology, has now started to process live transactions.
OFI Asset Management has successfully used the IZNES system in a series of trials with selected clients following the development and integration of the IZNES platform with OFI Asset Management. Other asset managers in the IZNES initiative include Groupama AM, La Financière de l’Échiquier, and Arkéa Investment Services and more firms are continuing to join.
The IZNES solution enables investors and distributors to easily subscribe and redeem fund units via a direct connection with the asset management company, thereby removing
The Investment Management Due Diligence Association (IMDDA), an organisation dedicated to the professionals who investigate facts concerning investment programs, has released an expanded training class schedule for 2018.
Developed by a task force of leaders in due diligence, each class is led by a renowned speaker sharing real-world insight on critical due diligence topics including risk management, regulatory developments and fundamental knowledge, plus guidance to address emerging challenges that investors face around the globe.
In the last two years hundreds of professionals involved in due diligence focussed on hedge funds, mergers & acquisitions, and private equity have participated in
RegTek.Solutions has launched Validate.Trade for SFTR, an independent data quality assurance solution for ESMA’s Securities Financing Transaction Regulation (SFTR).
Using the platform’s rich application, flexible API or simply Excel spreadsheets, clients can start testing the quality and integrity of their SFTR data, across all products and data fields. Validate.Trade for SFTR is live, helping operations and technology teams throughout their journey from analysis and testing to a production-ready SFTR compliance solution.
The European regulation, which aims to increase transparency across Securities Financing Transactions (SFTs), requires market participants to report all SFTs to an approved Trade Repository (TR). With over
