Solutions
DC Thomson is partnering with Electronic Research Interchange (ERIC) to develop its bespoke investment research offering for the post-MiFID II world. This transaction will see DC Thomson acquire a material stake in ERIC.
The partnership will enable ERIC to create tailored research solutions for both investment managers and research providers, using DC Thomson’s digital publishing experience to source and deliver quality research content that caters to their specific needs. ERIC has chosen a non-financial services industry partner to retain the independence of its proposition and to benefit from DC Thomson’s indexing technology and expertise. As a new industry of investment
Cordium, a provider of governance, risk and compliance services, has expanded its Cybersecurity and Data Protection Consulting Services to the UK to help investment firms prepare for and manage the requirements of the EU’s new General Data Protection Regulation (GDPR), which comes into effect in May 2018.
GDPR will introduce a rigorous set of data privacy and security requirements – spanning 99 articles and 173 recitals – for any organisation that services European clients, regardless of where the company is located. The costs of non-compliance will be severe, with fines of up to EUR20 million or 4 per cent of annual
Fintech company NEX Group (NEX) has launched PIVOT, a new cash and collateral movement workflow tool which enables clients to make cash movements and money market sweeps.
Through the partnership between NEX Optimisation and NEX Markets, PIVOT connects the ENSO Core platform with NEX Treasury, a cash and FX liquidity management centre for the corporate and bank community. The new service helps buy-side institutions act on cash insights identified within ENSO Core, an award-winning treasury, counterparty risk and portfolio financing workflow platform, to help clients make timely decisions to optimise their overall counterparty relationships.
This new partnership is a
SandPointe Asset Management has selected NAV Fund Administration Group (NAV) to provide full service fund administration to six SandPointe private funds.
With firm assets over USD100 million, SandPointe chose to move their funds to NAV after learning of their flexible, highly accurate and cost effective fund administration solution.
“We feel like we’ve found a true partner in NAV Fund Administration,” says Jamie Grossman (pictured), Director of Investment Operations at SandPointe. “Our transition to their platform was seamless and NAV’s capabilities have opened our eyes to solutions not previously thought possible. Their proprietary system truly gives them an edge over
Tradition, one of the world’s largest interdealer brokers in over-the-counter commodity and financial products, and Starfuels, the international oil, biofuels and grain broker, will be working together to launch a Grain Derivatives Broking service.
This collaboration will leverage the global resources and expertise of Tradition as well as the in-depth market knowledge of Starfuels to provide an unmatched offering in the commodities market.
David Jenkins (pictured), project manager for Tradition in London, says: “By combining the international coverage, commodity derivative experience and electronic systems of Tradition with physical grains knowledge, expertise and contacts of Starfuels, we feel we will
Wedbush Securities was founded in 1955, and is one of the largest providers of small and midcap equity research in the US.
The research team sits within Wedbush Capital Markets group and has particular expertise in market sectors that include: retail, building products, homebuilders, footwear and apparel, leisure, specialty retail, restaurants, technology, IT services and payments, enterprise software, Internet and media; healthcare, and financial institutions.
“We are very focused on the emerging manager space,” says Sean Trager, who heads up Prime Brokerage Services. “The landscape of the hedge fund industry has changed dramatically over the last decade. When you heard
Lightkeeper LLC is the leading provider of portfolio intelligence tools to the hedge fund community. Its lightweight, mobile and cost effective software solution allows users to manage and manipulate large portfolio data sets. With Lightkeeper, investment professionals can analyse important information with the click of a mouse or the touch of a screen.
The founders of Lightkeeper are seasoned software innovators, having previously conceived, built and sold Tamale Software, the industry standard Research Management Software (RMS) solution acquired by Advent Software in 2008.
Complementing the pedigree of Lightkeeper’s founders is a team of experienced development professionals, PhDs and specialists in
By Mary Beth Hamilton – There has been discussion for years about whether public or private cloud platforms were more suitable to financial and investment management firms. And that debate continues, but with the addition of a new player – the hybrid cloud.
While the public cloud receives praise for its flexibility and potential cost savings and the private cloud for its robust security and reliable performance, the hybrid iteration essentially marries these features to create a compelling package for firms who don’t fit naturally into the previous two categories.
Take a closer look at how public, private and hybrid
The series of acquisitions that have taken place since Cowen Inc acquired Concept Capital Markets, LLC – which took place exactly two years ago – have been numerous and have led Cowen’s prime services unit to become regarded as a genuine alternative to bulge-bracket prime brokers.
“We can meet the needs of managers, large and small, through the capabilities we’ve invested in,” says Jack Seibald (pictured), Global Co-Head of Cowen Prime Services LLC, the prime services affiliate at Cowen. “When Concept Capital was acquired by Cowen, the principal reason we thought it would be beneficial was the common operating philosophy
Iron Cove Partners (ICP), a leading full-service national insurance brokerage firm serving the financial services industry, is the winner of Best North American Insurance Provider at this year’s Hedgeweek US Awards.
Each winner of the prestigious award is determined by Hedgeweek readers, consisting of investors, managers, and industry professionals, who cast their ballots to determine which firms are the best of the best in their respective categories, making this a truly peer-reviewed accolade.
“Winning the US award is the icing on the cake for our FI team,” says Louis D’Agostino, Principal of Financial Services at Iron Cove Partners. “After winning
