Solutions
SEC Chairman Jay Clayton has issued a statement highlighting the importance of cybersecurity to the agency and market participants, and detailing the agency’s approach to cybersecurity as an organisation and as a regulatory body.
The statement is part of an ongoing assessment of the SEC’s cybersecurity risk profile that Chairman Clayton initiated upon taking office in May. Components of this initiative have included the creation of a senior-level cybersecurity working group to coordinate information sharing, risk monitoring, and incident response efforts throughout the agency.
The statement provides an overview of the Commission’s collection and use of data and discusses
Protos Cryptocurrency Asset Management is planning to hold an Initial Coin Offering (ICO) to raise capital for a data-driven crypto hedge fund that will invest solely in cryptocurrencies and tokens.
Protos tokens will be a security issued under the exemption from registration with the US Securities and Exchange Commission pursuant to Regulation D.
The founders of Protos – Matthew Shaw (pictured), Philipp Kallerhoff, and Thomas Kineshanko – have significant experience in the funds and cryptocurrency space. They have over a decade of combined experience investing in cryptocurrencies, have managed funds of over USD1 billion and Protos will be their third
NEX Markets, a NEX Group business which provides electronic trading technology services in the fixed income and foreign exchange (FX) markets, believes that its EBS Institutional FX platform is uniquely positioned to help the asset management community address liquidity and execution requirements in advance of the MiFID II implementation.
EBS Institutional is NEX Markets’ FX workflow and trading solution catering to the specific challenges of the asset management community. The increasing need for transparency, including MiFID II obligations, requires asset managers to be able to track and justify every decision in the trading lifecycle. Meanwhile, newly required annual reporting on
Bison, a technology provider focused on developing innovative analytical solutions for the private markets, has integrated the Cobalt GP and Cobalt LP products with Ipreo’s iLEVEL platform.
Launched in 2016, Cobalt is a software platform developed jointly by Bison and Hamilton Lane (NASDAQ: HLNE), a global private markets asset management firm. Cobalt LP is used by institutional investors, including Hamilton Lane, to understand capital flows in portfolios, diligence managers and report on portfolio performance. Cobalt GP helps fund managers service clients with custom analysis, automated reporting and powerful visualisations. With the new iLEVEL integration, Cobalt’s platform fits even more easily into
QuantHouse, an independent global provider of end-to-end market data and trading through API based technologies, is to acquire high-speed network provider Victory Networks inc.
Victory Networks designs, implements, and manages high-speed networks for bulge-bracket banks, boutique financial firms, and hedge funds across the United States. The acquisition of these assets will expand QuantHouse’s market share and coverage in the US by adding many hedge fund clients and business partners.
Pierre Feligioni (pictured), Company Co-Founder and CEO, QuantHouse, says: “Throughout the integration process, both QuantHouse and Victory Networks have worked extremely well together. Indeed, we believe that it is the
First Derivatives (FD) has launched a raft of initiatives to put machine learning (ML) capabilities at the heart of future development for the Group’s Kx technology, in direct response to increasing interest from current and potential customers.
The new measures will accelerate delivery of pipeline opportunities in software and consulting and provide access to an increased pool of ML specialists to help increase traction in this rapidly growing area.
Machine learning is an application of artificial intelligence (AI) that allows computer systems to use algorithms to adapt to enable better outcomes, based on data rather than explicit programming. Kx
Markov Processes International (MPI), a provider of investment research, analysis and reporting solutions for the global wealth and asset management industry, has released of Stylus Pro Version 11.3.
The new release introduces Stylus Workspace, a quantitative research framework for the analysis and monitoring of managed products, including mutual funds, exchange-traded funds, separately managed accounts, closed-end funds and hedge funds.
Workspace delivers more than 25 years of MPI’s proprietary fund analysis and factor modeling intelligence with a single click, automatically applying benchmarks, peer groups and factor models from MPI’s newly launched library when a fund is selected for analysis. Users
Neuberger Berman, an investment manager specialising in equities, fixed income, private equity and hedge fund portfolios for institutions and advisors worldwide, has implemented Hazeltree’s, treasury product suite.
Hazeltree’s suite provides Neuberger Berman with automated workflows in reconciliation, securities financing, margin management as well as cash and collateral management.
“At Neuberger Berman, we continually work to enhance our infrastructure to best serve clients and the increasingly complex solutions they demand,” says Pat Lomelo, Neuberger Berman’s Global Head of Operations. “Hazeltree has helped to streamline our treasury management function and has delivered leading-edge risk-reduction capabilities.”
“We are pleased to work
There is no doubt that outsourcing, as a concept, has become accepted practice within the hedge fund industry. Not only does it help start-up and emerging managers drive efficiency gains, more importantly it is not viewed negatively by institutional investors. They appreciate that cost controls are crucial to managers in the early years of building their business. But too much outsourcing can be a bad thing, as Devet Capital’s Irene Perdomo (pictured) tells Hedgeweek.
Evidence that outsourcing is being embraced was quite clear in a recent emerging manager survey produced by AIMA, in conjunction with GPP, a London-based boutique prime broker.
AcadiaSoft, a provider of margin automation solutions for counterparties engaged in collateral management worldwide, has integrated six additional in-scope firms into the AcadiaSoft Hub under Phase 2 of the new IM rules for non-cleared derivative.
The additional firms chose to use the Hub for IM in order to comply with the new rules, which became effective on 1 September, 2017 under the new regulatory framework established by the Basel Committee on Banking Supervision (BCBS) and the International Organisation of Securities Commissions (IOSCO).
Now, all counterparty groups that are in-scope for the new rules are using the Hub for IM
