Solutions
By George Ralph, RFA – Everything is virtual these days. From virtual teams, spread across the globe, which can perform better than traditional on-site teams, to the virtual offices they work in, at home, in the coffee shop, in shared office space. If the right technology is in place, people can work anywhere.
To take advantage of virtual services, the right technology has to be in place. For a virtual team to work effectively, there needs to be a collaboration tool which allows everyone to ask questions, or share ideas and seek approval or input. There also needs to
Palmerston Capital, the credit-focused alternative investment manager, has implemented Watson Wheatley’s iRecs reconciliation solution.
Specialists in securities reconciliation, Watson Wheatley has used its own in-house implementation team to interface with Orchestrade, Palmerston’s portfolio management system, and external data sources to provide a comprehensive daily reconciliation solution. The fully automated system allows total control and remediation of daily breaks as well as comprehensive integrity checking of position and cash movements against underlying transactional data.
Jesse McCormick, COO at Palmerston Capital, says: “iRecs has become a core element of our control environment, enhancing historic and internally developed processes, and enabling us
Alpha UCITS has boosted assets on its Alpha UCITS Platform, passing the USD0.75 billion mark this month. Distribution is, to many managers, the key attraction of using UCITS platforms and Alpha UCITS has been a leading UCITS placement agent for nine years.
Before launching its own platform four years ago, Alpha UCITS had already raised significant assets for various blue-chip managers, amongst which funds on other large UCITS platforms. The recent growth in Alpha UCITS Platform assets comes mainly from institutional investor inflows into the Amber Equity Fund and the Fair Oaks Dynamic Credit Fund.
Stephane Diederich, CEO of
Subscribers to alternative fund data provider and research house Eurekahedge are now able to access the company’s data via the IRHalo investor relations platform which provides hedge funds with an automated and secure solution for reporting to their clients.
IRHalo features a flexible CRM designed for the needs of asset managers, coupled with the automatic updating of fact sheets and websites with the latest performance and analytics information. Clients of IRHalo and Eurekahedge are now able to use Eurekahedge funds data as part of the analytics and reporting they provide to end investors.
IRHalo is configured to support the
SteelEye, a compliance technology and data analytics firm, has partnered with specialist Swiss financial firm, Anchor Group, to bring its MIFiD II cloud-based solution to the Swiss markets.
The new partnership will see SteelEye establish a presence in Switzerland in order to help Swiss firms meet their regulatory obligations under MiFID II and other key regulatory directives. It marks the first step in SteelEye’s international expansion, with further EU offices planned.
Anchor Group is one of Switzerland’s leading independent and regulated investment firms supporting mid-market banks, family offices and wealth managers across the country. With offices in Zurich and
By George Ralph, RFA – The use of Artificial Intelligence is becoming decidedly commonplace. Wikipedia describes AI research as “the study of intelligent agents: any device that perceives its environment and takes actions that maximise its chance of success at some goal.” AI is often used interchangeably with Machine Learning, which is described as the subfield of computer science that, according to Arthur Samuel, gives “computers the ability to learn without being explicitly programmed.”
Machine Learning more accurately describes the technology that we are seeing more and more often in the IT industry, with machines programmed to have neural networks,
ThinkMarkets, a fintech provider of financial derivatives trading, has expanded its offering of CFD trading to the four most liquid Crypto currencies. The firm added Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) and Litecoin (LTC) CFDs to its MT4 and Trade Interceptor trading platforms.
The dual regulated broker is now offering 24/7 leveraged trading on the most volatile virtual currencies with low spreads and competitive margins.
Nauman Anees (pictured), CEO & Co-founder, says: “Bitcoin CFDs are a natural extension of our vast portfolio of financial instruments that include; major currencies, stock indices, precious metals and commodities. The recent surge in
Kettera Strategies has expanded its Hydra global macro, FX, and commodity managed account marketplace with the launch of Hydra Global Hedge, offering access to equity-based hedge fund strategies.
“The new Hydra Global Hedge marketplace was built to answer the challenges investors face when trying to incorporate equity hedge fund strategies into their portfolios,” says Terri Engelman Rhoads (pictured), President of Kettera and an industry veteran who has built and run hedge fund managed account platforms for Guggenheim and others. “Investors will now be able to access equity-based hedge fund strategies through a limited liability vehicle but with the added features of
McKay Brothers International has added select futures from the London Metal Exchange to its Quincy Extreme Data (QED) service.
QED now offers select LME instruments at the lowest known latency at Slough-LD4 and Basildon in the UK, as well as at Frankfurt-FR2, Marseille-MRS1 and Madrid- BME. The LME data distributed at those POPs are 3-month futures for Copper (CA), Aluminum High Grade (AH), Tin (SN), Zinc (ZS), Nickel (NI) and Lead (PB).
Select LME futures are also available at QED POPs in New Jersey and Illinois.
“The LME is an established leader in setting prices for the global
The European Energy Exchange (EEX) is to introduce futures on wood pellets, which will be available for Trade Registration as of 19 September 2017.
The offering includes financially-settled future contracts on industrial wood pellets. The product will be a monthly future which can be traded up to 36 consecutive months with a contract size of 100 metric tonnes. For the settlement EEX uses the Argus Wood Pellets cif ARA index as published in “Argus Biomass Markets”.
Wood pellets are used for energy production and are a substitute product for coal. With this new product, EEX is expanding its portfolio
