Solutions
DTCC-Euroclear Global Collateral Ltd (GlobalCollateral), a joint venture of Euroclear and The Depository Trust & Clearing Corporation (DTCC), and Lombard Risk, have formed a strategic alliance to drive further improvements in collateral management operations.
Lombard Risk has also joined the GlobalCollateral Partner Program. The first initiative under this alliance will link GlobalCollateral’s Margin Transit Utility (MTU) with Lombard Risk’s COLLINE solution, providing a streamlined and centralised collateral management process across all asset classes.
Under the alliance’s first initiative, Lombard Risk COLLINE users will be able to access MTU message statuses directly from their user interface, enabling a straight-through collateral management process across all asset classes – from entering trades and positions, to managing
Street Diligence, a provider of fixed income analytics software, has launched a new corporate structure offering which is designed to complement the company’s existing buy- and sell-side data and analytics.
The new offering enables credit analysts’ access to the most complex corporate structures, their debt guarantees and a view on subordination risk, augmenting Street Diligence’s existing coverage of specific deal terms and covenant analysis on fixed income securities.
“This is a significant addition for our rapidly growing client base,” says Stephen Hazelton (pictured), Founder and CEO of Street Diligence. In an increasingly competitive investment environment, our clients must seek
Fintech research veteran Amar Rajani has joined the FeedStock Advisory Board, effective immediately.
Rajani is Founder and Managing Director of Argella Limited, an advisory firm specialising in FinTech and with specialist knowledge in the research and regulatory space. Prior to this, he spent the past 17 years at Bloomberg LP, where he was Global Product Manager for their research management business with responsibility for the MiFID II research stream. During this period, he was also a founding member of Bloomberg’s Enterprise Products and Solutions team, as well as manager of several teams including London buy-side.
Charlie Henderson, Managing Director
By George Ralph, RFA – Outsourcing your IT support may seem like a luxury in austerity Britain, but it can save time, drive efficiencies and actually give firms a competitive edge. Employees are key stakeholders in defining the perception of a firm, and if they receive a great service when they have an issue with their IT, it will reflect well on the firm’s reputation.
By outsourcing IT support, firms can avoid downtime before it affects business. Reliable partners will make a significant investment in technology to monitor infrastructure, quickly identifying issues and often resolving them before they are brought
SimCorp and TradingScreen have formed a new strategic alliance which, by combining the companies’ respective expertise and products in the order and execution management system (OEMS) space, is aiming to provide the the global buy-side with aseamless and tightly-knit solution for use across the entire investment and trading lifecycle.
The new solution acts as a central repository for trading data and reporting, integrating the OMS and EMS, and tackling many of the pain points associated with current OEMS offerings in the market. The solution meets the much-needed requirement for workflow simplification in the front office by enabling institutional investors to
Linedata has launched an updated interface between its order management system (OMS) Linedata Longview, and The Depository Trust & Clearing Corporation’s (DTCC) strategic platform for the central matching of cross-border transactions, CTM, as the sector readies itself for MiFID II implementation in January 2018.
Linedata’s partnership with DTCC allows asset managers and hedge funds, using either deployed or hosted versions of Linedata Longview, to directly interface with CTM, which is a major component of DTCC’s Institutional Trade Processing product suite, thereby enabling all users to send trade allocations to their broker/dealers and automatically generate affirmations for matched trades in real-time.
Effective immediately, Deutsche Börse Market Data + Services is offering the new information product Eurex Retail Europe, which contains selected Eurex products to private investors free of charge.
Following the free trial phase, the data will be offered for EUR1 per month as of 1 January 2018. The data package was customised for private and small investors in Europe and includes Mini-DAX futures, STOXX Europe 600 derivatives as well as important European equity options.
“By providing the data free of charge, respectively at a very low cost, we are helping private investors to reduce their total trading costs. Retail
Asset management consultancy MJ Hudson has launched its Fund Management Solutions team in continental Europe, from new offices in central Luxembourg.
The Luxembourg office provides its clients with increased options post-Brexit and guarantees EU operating capacity.
Research conducted recently by MJ Hudson has found that two-thirds of UK-based fund managers and three-quarters of their continental Europe-based peers do not believe that Theresa May’s Brexit negotiations will deliver an outcome that is ideal to the UK asset management industry.
More than 70 per cent of fund investors based outside the UK predict that, by the end of 2020, the
Exchange Data International (EDI) has launched an alternative service to NYSE Corporate Actions at less than 50 per cent of the redistribution costs charged by NYSE.
“Clients finally have a truly complete and competitive alternative for corporate action data,” says Jonathan Bloch (pictured), founder and CEO of EDI, the challenger supplier of global security corporate actions and reference data. “The provision of reference data has been viewed by many clients as a license for exchanges and legacy providers to print money,” says Bloch. “Many exchanges have been charging top-dollar for data for years, but the recent changes to reporting rules
SETL has teamed up with four asset management firms to launch IZNES, a pan-European fund record-keeping platform based on blockchain technology.
The platform provides investors, asset management firms, distributors and wealth management advisers with easy and rapid access to fund units. The platform enables firms to enter into new relationships with investors, manage KYC processes, handle subscription/redemption instructions, and settle transactions and record positions.
Compatible with all distribution channels, IZNES reduces transaction costs, increases transparency, and optimises operational workflow. It will also enable new value-added services to be developed. IZNES relies on proprietary technology developed by SETL. To ensure
