Solutions
Jibrel Network, the first protocol with built-in regulatory compliance that allows anyone to put traditional assets like currencies, bonds and other financial instruments on the blockchain, is to hold its first Token Sale on 25 September 2017.
First conceived as a better way for migrant workers to send money home, the blockchain-powered platform has swiftly evolved into a fully fledged decentralised banking solution that allows participants to tokenise and exchange traditional assets and financial instruments like currency and bonds; and to provide a payment/remittance solution that enables instant near-zero fee global payments and remittances.
The first version of Jibrel will
Nearly half (45 per cent) of institutional investors say that have lost money by missing a trading opportunity due to an incorrect event date, with forty per cent suffering five-figure losses and several reporting missing out on millions of dollars.
That’s according to Wall Street Horizon’s Corporate Event Research Survey, which polled over 100 institutional market participants, nearly two-thirds of whom were quantitative or discretionary fund managers. Several respondents have suffered losses in the millions.
Knowing when an event changes – both for alerting and back-testing purposes – is functionality that an overwhelming majority (80 per cent) would like
The Hedge Fund Standards Board (HFSB), the global standard-setting body for the alternative investment industry, has changed its name to the Standards Board for Alternative Investments (SBAI).
The new name reflects the evolution of the industry and the ongoing development of the SBAI as it enters its second decade.
The SBAI originated in June 2007 when a group of leading alternative investment managers formed the Hedge Fund Working Group to develop industry standards in areas such as disclosure, valuation, risk management, governance and shareholder conduct. In January 2008, the Hedge Fund Standards Board was established as a non-profit organisation
S&P Global has formed a strategic partnership with, and taken a minority stake in Algomi, a fintechcompany with offices in New York, Hong Kong and London.
Algomi is the second minority fintech investment this year for S&P Global, following its stake in Kensho. S&P Global will have a seat on the Algomi board.
Algomi has created a bond information network that enables buy side and sell side firms, as well as exchanges, to harness data to improve financial trading decisions via greater transparency and artificial intelligence-powered trade facilitation. S&P Global’s partnership with Algomi will help facilitate product collaboration and
SS&C Technologies has launched a new Exception Management and Workflow solution for Geneva, which enables clients to pre-emptively detect, manage, prioritise, resolve, and report exceptions based on client selected data quality rules, thereby increasing efficiency and reducing operational risk.
Service providers, asset managers, and hedge fund managers depend on Geneva as their core technology platform, and until today, have relied on manual or external processes to ensure that the quality of data within Geneva meets their internal audit controls. With the new Exception Management and Workflow tool for Geneva, the quality assurance process for a variety of data is automated.
Pre-order subscriptions for Finles Capital’s FundCoin ICO are now open, with a full launch to follow on 30 September 2017. Finles Capital aims to distribute EUR100 million from the ICO and to invest in the Lowestoft Private Equity fund.
This Fund will invest in the blockchain industry via several VC companies as well as in traditional high yielding and other private equity investments. FundCoin holders will be able to benefit from the exposure to a sector that is set to grow at 58% CAGR by 2023 according to Allied Market Research, while being underpinned by a safer, more stable asset
Thomson Reuters, in partnership with Visible Alpha, has launched multiple joint-solutions in its flagship financial desktop Eikon that will help enable financial institutions to further manage impending MiFID II research unbundling requirements, set to be implemented 3 January, 2018.
These tools, complementing Eikon’s already robust research solutions, allow buy-side professionals to track corporate access and sell-side interactions, manage the research valuation process, review and vote on research provider value as well as manage inducements. All of the following capabilities will be available in Eikon.
Visible Alpha’s ONEaccess Resource Tracking application enables Eikon users to monitor, integrate and analyse their
Wharton Research Data Services (WRDS) has added Eurekahedge data to its offering.
A part of the Wharton School of the University of Pennsylvania, WRDS provides global corporations, universities and regulatory agencies the thought leadership, data access and insights needed to accelerate impact.
With coverage from 1969 and a global research team, Eurekahedge offers access to over 29,000 interactive hedge fund and over 300 alternative fund indices, making it the most comprehensive resource for hedge funds available.
“We are very excited to offer Eurekahedge to WRDS subscribers,” says Robert Zarazowski, Managing Director of WRDS. “With global reach and specialized
Post-trade services provider Clearstream, which is part of Deutsche Börse Group, and HedgePole, a well-established specialist service and technology provider for hedge funds price and reference data, have entered into a cooperation agreement to provide the market with enhanced alternative fund price and reference data services.
The need to provide specific high quality and up-to-date reference data and pricing to end investors for their holdings in alternative investments, such as hedge funds and private equity, as well as key regulatory requirements for compliance and anti-money laundering purposes are a key industry issue. This has led to the evolution of specific
FlexTrade has integrated Dataminr, a specialist in AI and machine learning, into the FlexTRADER EMS to create a global macro news alert feed within the FlexTRADER interface based on criteria pre-selected by the trader.
“With MiFID II on the horizon, the requirement to take ‘all sufficient steps’ to achieve Best Execution has driven our clients to explore alternative sources of data,” says Andy Mahoney (pictured), Head of Sales at FlexTrade.
Within the trader’s Dataminr account, customised watchlists can easily be created ensuring that only the most relevant and directly impactful breaking news is delivered. For example, within a financial markets search, traders can
