Solutions
Apex Group is expanding its service capabilities in the insurance fund market to offer a local full service offering from Bermuda to investment vehicles with insurance and insurance linked securities (ILS).
Bloomberg and Castine’s respective research management technology and research payment solutions can now be integrated to provide an end-to-end solution for EU and global asset managers who will be operating under MiFID II guidelines starting January 2018.
The combined solutions allow asset managers to use P&L or client commissions to pay for research, whatever payment methodology the firm decides to use. While several large buy-side firms have elected to use their own funds to pay for research, many buy-side firms will be opting to pay for research using a Research Payment Account (RPA), which is charged to the client.
Wall Street Horizon, an alternative data provider specialising in corporate event intelligence, has launched EventBreaks.
This new service, which covers each of the 40+ event types that Wall Street Horizon tracks, provides granular information around how events move, alerting users to the time, date and substance of corporate event changes.
EventBreaks is available immediately and is included as a free add-on to the Enchilada product suite.
Academic research has been very clear that there is alpha to be gained by understanding the changes to things like shareholder meeting locations, earnings release dates and conference presenters. With EventBreaks, clients
Broadridge Financial Solutions has successfully completed a pilot with Natixis and Societe Generale which leverages blockchain technology to enhance the operational efficiency and auditability of bilateral repurchase, or repo, agreements.
The pilot utilises distributed ledger technology capabilities to reduce operational risk for market participants by providing a secure record of repo trade details, reducing the need for reconciliation and removing obstacles to straight through processing. This new blockchain-enabled solution, which automates end-to-end processes, streamlines the repo agreement and confirmation processes, offers a faster and more accurate collateral substitution process, while eliminating time consuming manual interventions, and reduces counterparty risk while
Transaction Network Services (TNS) is now offering hosting and co-location services at Australia’s main exchange-owned data centre, providing firms with the fastest access to the country’s buoyant cash equities, derivatives and commodities markets.
TNS’ Managed Hosting Service is now available at the Australian Liquidity Centre (ALC) in Sydney which is owned by the Australian Securities Exchange (ASX). TNS’ flexible and scalable service enables financial organisations to efficiently and effectively expand their operations into new venues and territories by eliminating the complexity and cost involved with establishing and managing remote exchange access and data centre space.
David Raper, Executive General
With offices in 35 locations worldwide, Apex Fund Services has grown into one of the financial industry’s largest independent fund administrators since it first opened its doors in Bermuda back in 2003.
And with plans to make upwards of 10 acquisitions within the next 24 months, Apex has its sights set on becoming a top five global fund administration group within the next five years.
This follows the recent announcement this summer that Genstar Capital, a leading middle-market private equity firm, has recapitalised Apex, whilst simultaneously acquiring Equinoxe Investment Services and merging it into the Apex Group.
“FTV Capital, a
Wilshire Consulting, the institutional investment advisory and outsourced-CIO (OCIO) business unit of Wilshire Associates, is to support the Iowa Public Employees’ Retirement System (IPERS) in conducting its “Alpha Search” which seeks to identify managers based on their ability to deliver alpha regardless of the manager’s ‘beta’ (ie, benchmark).
“The unique Alpha Search process will seek to help IPERS capture the benefits of a broader, more comprehensive investment program in today’s increasingly complex financial environment,” says Andrew Junkin (pictured), President of Wilshire Consulting. “We are excited to be at the forefront of this emerging trend in manager selection with a client
Tradeweb Markets, a leading global provider of fixed income, derivatives and ETF marketplaces, announced the launch of swaptions trading on TW SEF.
Garda Capital Partners LP, an alternative asset manager focused on providing uncorrelated fixed income investment strategies, executed the first fully-electronic swaption on TW SEF at the end of Q3 2017. Eight swap dealers are live on the platform, with another four in the process of on-boarding.
Tradeweb now offers one of the most comprehensive rates derivatives offerings with the expansion into rates volatility products through the introduction of swaptions on its swap execution facility (SEF). Swaptions traders
CMi2i’s shareholder identification analysis can now be accessed through Bloomberg’s investor relations (IR) functionality within the Bloomberg Terminal.
Reliable and comprehensive information on companies’ shareholders is crucial for IR managers. Collecting this information can be challenging, especially in jurisdictions where public disclosure of holdings is limited. CMi2i’s team of analysts utilise a unique methodology, which has been developed over 20 years, to enable them to identify the underlying shareholder structure – encompassing the beneficial holders, investment decision makers and vote mandate holders. The collaboration between Bloomberg and CMi2i combines public shareholder information collected by Bloomberg with CMi2i’s bespoke collection and
BNP Paribas Securities Services is teaming up with Tata Consultancy Services (TCS) to deliver an new blockchain-based platform called Corporate Event Connect, which will provide fast, accurate and secure corporate event announcements to clients around the world.
Corporate actions processing is one of the most complex areas of asset servicing. Information on the multitude of corporate actions taking place every year is processed and cascaded down to investors via various intermediaries, leading to inefficiencies and errors.
By leveraging TCS’ Quartz blockchain technology, BNP Paribas will be able to capture and store corporate action information in a structured format to
