Solutions
Fund management technology platform Truss Edge has launched an app that provides hedge fund and other asset managers with access to its Safari portfolio management and operations technology while on the move, via both Android and iOS devices.
Transaction Network Services has enhanced its European backbone, aimed at delivering increased capacity to support an ever-increasing volume of market data from multiple exchanges to any location across Europe.Â
The Citco group of companies has opened a new office for the firm’s asset-servicing operations in Guernsey, offering fund accounting, fund operations and company secretarial with the key business focus centred on automation.
Barclays Plc is tapping an increasing appetite from Asia-based quantitative and multi-strategy hedge funds for prime financing services and has upped its lending for investment trades as a result, according to a report by Bloomberg.
The move comes as some rivals including Credit Suisse, have exited or scaled back their the business over the past few years after losses.
As well as increased hedge fund demand for its prime financing business, Barclays has also seen an increase in business from private bank clients for cross-border structured products, including derivatives linked to US stocks, according to Hossein Zaimi, the region’s head
Long-running cryptocurrency exchange Bitstamp has been registered to fully operate in the UK by the Financial Conduct Authority, bringing the number of global licenses and registrations held by the Bitstamp group to 52.
Cryptocurrency exchange Bybit has completed its integration with Copper’s ClearLoop network, which offers clients off-exchange settlement that not only aims to mitigate counterparty risk, but also to improve capital efficiency.
Regulatory change is nothing new in the investment management space, but with AI and other technological developments demonstrating the potential to have a truly transformative impact on the industry, the pace of change looks set to accelerate. Anna Maleva-Otto (pictured), partner, at law firm Schulte Roth & Zabel, outlines some of the challenges ahead and the likely areas of focus for the SEC and FCA.
Capital markets service provider Options Technology has partnered with trading platform firm Mercurius Solutions, an order and execution management system provider, following a successful integration with ACTIV application programming interface.
SS&C Technologies Holdings now has more than 150 clients using its Trade Matching & Settlements Service to support post-trade execution functions. The growth comes as the US funds industry gears up for trade settlement cycles shortening to T+1 in 2024.
The Trade Matching & Settlements Service fully supports post-trade execution functions such as trade matching/affirmation, trade communication and settlements/fails management.
Available as a stand-alone service or in conjunction with other SS&C fund services, SS&C’s solution automatically integrates with numerous matching platforms, supports multiple formats of trade instructions delivery and captures real-time settlement statuses from custodians and prime brokers. SS&C
Forming local partnerships is key to achieving operational excellence and continuous improvement in food and agriculture investments. Colin Butterfield (pictured), CEO of Solum Partners outlines the firm’s differentiated approach to investing in this sector.
