Solutions
Key to the success of any fund jurisdiction is a commitment to constant innovation and in that respect Malta, a tiny island nestled in the Mediterranean, has much to be excited about. Whether it is the streamlining of regulation, the introduction of innovative manager-led products in the form of the Notified AIF, a commitment to becoming Europe’s leading securitisation market, or indeed Europe’s leading hub for blockchain technology, Malta continues to push the boundaries.
A recent survey of professionals working in Malta’s financial services industry conducted by Managing Partners Group (MPG) underscored the collective sense of optimism. Currently, the industry
PortfolioScience, a provider of on-demand risk management systems, has released a new set of analytics aimed at energy derivatives. Working with Stamford, CT-based Harbour Square Capital Management, a hedge fund focusing on natural gas trading, PortfolioScience has developed Volatility-Adjusted Futures, a new set of quantitative analytics enabling traders to more accurately forecast the exposure of positions and portfolios.
“Our risk management system incorporates the Volatility-Adjusted Historical Simulation VaR developed by PortfolioScience with the assistance of Harbour Square. The tool has helped to streamline our risk management solutions and to provide greater depth to our reporting capabilities,” says Tom Capoccia, COO
Cayman based corporate governance firm, Five Continents Partners, has added a highly-experienced hedge fund Chief Operating Officer (COO) to its growing team.
Richard Muckle (pictured), has joined Five Continents Partners this month as a director. Although new to Five Continents, he has a long association with the Cayman Islands having conducted business in the jurisdiction for many years. Muckle has also been registered as a director with CIMA since January 2014.
Glen Wigney, director of Five Continents, says: “Richard has held various C-level positions in the alternative investment sector covering the UK, Asia, New York and Luxembourg. His experience
MDX Technology has integrated its real-time data distribution platform with Symphony, a secure workflow and collaboration platform for the global financial services community.
The first release of the new MDX Symphony App is planned for the end of 2017 and will allow users to display real-time market data in the Symphony environment and collaborate with counterparties. MDX plans richer collaboration features in the next release. MDX is also pleased to announce that it has joined the Symphony partner program and exhibited at the Symphony Innovate event in New York on 04 Oct 2017.
The new MDX Symphony App enables
With 60 working days before the MiFID II implementation deadline, RSRCHXchange, the research aggregator and marketplace, has launched its latest version of RSRCHX including mobile and desktop apps and a range of new research management functionality.
In addition, the RSRCHX bot was successfully launched at the Symphony Innovate event in New York, on 4th October 2017, allowing users to easily access reports by chatting with the RSRCHX bot via Symphony.
From today, buy-side and sell-side users can download both the RSRCHX mobile app, available on iOS and Android, and the desktop app, which was built on the OpenFin operating
The team behind the first regulated bitcoin hedge fund and Exchange Traded Bitcoin notes has launched CoinShares, a new brand for their growing portfolio of crypto investment vehicles.
With the announcement, GABI, the group’s bitcoin fund and XBT Provider, issuer of two bitcoin ETNs, becomes part of the CoinShares group of products; a family which collectively represents USD300 million in crypto-assets.
“We are bringing these pioneering products under one brand so that investors can grow with a familiar partner. It’s the next logical step in professionalizing crypto-finance – as more assets mature in the space, more investors will demand
Charles River Development has formalised a partnership with Northfield Information Services to integrate Northfield’s portfolio optimiser and suite of cross-asset factor models in the Charles River Investment Management Solution (Charles River IMS).
Under the agreement, Charles River clients will have access to all of Northfield’s factor models including equity, REIT, private equity, multi-asset models and others.
Together with Charles River’s portfolio management, risk and attribution capabilities, Northfield’s factor models help firms identify, measure and reduce risk across asset classes, and gain a consistent view of performance and risk. Northfield’s models support both absolute and relative return strategies and cover
Finbourne Technology has launched LUSID (Liberated Unified Secure Investment Data-machine), a new cloud-based asset management platform designed to replace existing in-house software and hardware.
Finbourne says LUSID can dramatically cut operational and capital costs, modernise capability and liberate managers from infrastructure worries to concentrate on their core competency – asset management.
LUSID was built to become a market utility. Just as no business would think of installing its own water supply, nor should fund managers endure the pain and huge expense of installing, updating, staffing and worrying about systems for recording and accessing investment data. These are non-differentiating activities
SmartStream Technologies, a financial Transaction Lifecycle Management (TLM) solutions provider, has partnered with RegTek.Solutions, a specialist in regulatory compliance technology, to launch Reconcile.Trade, a managed service that provides independent, turnkey reconciliations that directly address regulators’ demands for the proactive oversight of trade and transaction reporting.
The joint service combines RegTek.Solutions’ specialised trade and transaction reporting software and market expertise with SmartStream’s leading reconciliations platform, to offer comprehensive, ‘regulation-aware’ reconciliations that are pre-integrated with leading trade repositories (TRs), approved reporting mechanisms (ARMs) and national competent authorities (NCAs). Regulators now require reporting firms to have ‘arrangements’ and ‘mechanisms’ for the reconciliation of
Saxo Bank Securities Ltd (Saxo Bank Japan) has selected Torstone Technology’s Inferno to replace the bank’s legal ledger and comply with regulatory reporting requirements in Japan.
Saxo Bank Japan will initially use InfernoRC to bring greater efficiencies to its post-trade reporting processes and is looking to add additional Inferno features in future phases. Inferno is a modular solution, giving organisations the opportunity to incrementally deploy components, as part of a phased migration to a complete middle and back office solution.
Inferno is a flexible, modern, cost-effective platform which will allow Saxo Bank Japan to run its operations efficiently and
