Solutions
Bricknode has launched Bricknode Fund Manager, a cloud based tool for fund companies to manage their funds, holdings, and investors.
With Bricknode Fund Manager a fund company or fund operator/transfer agent only has to use one system for managing its investments and its investors together with distributing net asset values to different sources. The new offering is part of the same platform as Bricknode Broker which can be used by fund companies or brokers to host investor accounts including various insurance schemes.
As with its other services, Bricknode utilises a fully transparent pricing module which is available online. Fund
QuantHouse, a provider of end-to-end market data and trading through API based technologies, has launched its qh API Ecosystem, which is designed to accelerate the adoption of multi-asset class API based solutions including value added analytics, automated trading tools, AI and machine learning services.
QuantHouse wants to help all fintech providers turn their software and hardware product portfolios into global, available on-demand solutions through open APIs, removing the burden of the traditional per customer implementation model.
Equally, the objective of the qh API Ecosystem is to allow all API based users, such as hedge funds and automated trading financial firms, to
Apex Fund Services (Apex) has been granted official approval and licensing by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (AGDM) and has become one of the first Independent fund administrators approved to carry out Regulated Activity in the jurisdiction.
Over the past year, Apex Abu Dhabi has increase its assets under administration by 40 per cent as it goes from strength to strength in the region. Having recently acquired Equinoxe Alternative Investment Services, with the backing of Genstar Capital, Apex has stepped up to be ranked one of the world’s top 15 largest fund administrators.
Iron Cove Partners, a national insurance brokerage specialising in the needs of the alternative asset management community, has launched the Iron Cove Hedge Fund Select Policy, through a new partnership with a Lloyd’s Cover Holder and Financial Services Syndicate.
Iron Cove’s partnership with Lloyd’s allows the firm to offer the new insurance product in exclusivity.
“I am excited by the opportunities the new partnership offers,” says Iron Cove Vice President, Gregory C Sibilio (pictured). “Our new facility addresses the full range of liability exposures for our hedge fund and private equity clients under one policy form, and our manuscript
SmartX Advisory Solutions, a technology firm formerly known as HedgeCoVest, has added 27 investment strategies to its managed accounts platform, including models offered by Blackrock, Morningstar Investment Management, and Nasdaq Dorsey Wright.
The new investment models encompass a broad range of strategies including ETF strategists, income portfolios, international equities, global/macro strategies, and US equity strategies differentiated by market capitalisation.
“Turnkey asset management platforms continue to grow year-over-year as unified managed accounts become more popular. That is why even the largest asset management firms are logically looking to platforms like ours for increased distribution,” says Evan Rapoport (pictured), CEO of
Intercontinental Exchange (ICE) has partnered with Go West, a consortium of leading global trading firms collaborating to create efficient access to global financial markets, to offer ultra-low latency wireless connectivity between markets in Chicago and Tokyo.
When the Go West service is launched in the fourth quarter of 2017, ICE’s Secure Financial Transaction Infrastructure (SFTI) wireless networks will offer the most extensive ultra-low latency network connectivity solutions among the New York, Chicago, Toronto and Tokyo metro areas.
“We’re excited to add Go West’s key Chicago to Tokyo route to our growing range of connectivity options,” says Jonathan Reeve (pictured),
Global connectivity provider Avelacom is now using Metamako, a provider of FPGA-enabled, high-performance networking devices, to significantly accelerate its network processing power and keep latency to an absolute minimum.
The solution meets the needs of HFT firms and all firms in capital markets for whom latency is critical, allowing them to benefit from the latest technology innovations in data processing.
Avelacom is now live with Metamako’s C-Series network devices (using the MetaMux app, running an Intel Arria FPGA), providing its clients in Aurora Data Center in Illinois with substantially reduced latency and true real-time trading capabilities to access CME
RIMES Technologies, a provider of managed data services and RegTech solutions for the buy-side, has launched RIMES RegFocus BMR Control, a cloud-based service designed to help asset managers, banks and insurance companies comply with the EU’s landmark Benchmarks Regulation (BMR) coming into force on 1 January 2018 without the high cost and operational disruption associated with in-house upgrades to compliance systems and processes.
Under BMR, which aims to introduce a common framework and consistent approach to benchmark regulation across the EU, Benchmark Users are defined as supervised entities that use indices as benchmarks, and issue financial instruments or contracts that references
Eze Castle Integration, a managed services provider to the financial industry, has published a new whitepaper exploring strategies and best practices for private equity firms to protect data, assets, and corporate interests in the midst of growing cybersecurity threats.
The thought leadership paper, Cybersecurity for Private Equity, is available for download at www.eci.com/cyberPE-whitepaper.
As hackers become exponentially more sophisticated, the means with which they’re able to sell, proffer, and even influence information flow is greatly concerning to private equity and other investment management firms. Cybersecurity for Private Equity explores these concerns and examines:
• The current cyber
When it comes to understanding the entrepreneurial spirit necessary to build long-term hedge fund businesses, seed investors are as dialled in as anyone. With an eye on identifying the next, best talent, and backing them with day one seed capital, they know that their reputations are on line, should they get it wrong.
This makes the issue of outsourcing an intriguing one. How far would a seed investor go in terms of allowing a manager to outsource certain functions? Do they prefer to control things and mould the manager into an institutional outfit? And what of the role of technology,