Solutions
FTI Consulting has launched its Specialist Director Support Services offering in the Cayman Islands, following approval of a Companies Management Licence by the Cayman Islands Monetary Authority (CIMA) and the registration of individual directors under the local Directors Registration and Licensing Law.
FTI Consulting has one of the most active restructuring teams for distressed funds in the Cayman Islands and will complement its existing services to alternative investment funds with this offering. As one of a select few restructuring firms licensed and regulated by CIMA for the purpose of providing independent directors, FTI Consulting senior leaders in the Cayman Islands
By Matt Mulry, Dillon Eustace – Whether you’re looking to launch a private equity fund focused on venture capital, real estate, infrastructure, technology, energy, health care or art or a hedge fund focused on global macro, long/short equity, special situations, fixed-income or commodities the Cayman Islands is a great place to start.
There are many options available to the start up manager to establish a track record and build the scale required to attract capital from key institutional investors across the globe. The right first step will depend on the location of the manager, the nature of the initial investors,
StatPro Group, a provider of cloud-based portfolio analytics and asset pricing services for the global asset management industry, has appointed Will Entwistle, as North American Sales Director and Group Executive Board member.
Entwistle is joining StatPro with a wealth of knowledge in the financial services software industry and is bringing with him over 20 years of experience in leading software and data solution sales teams in North America, having worked at IBM, NorthStar, IDC, SS&C and others.
“As asset management firms look to refocus their core business operations, Revolution’s capability of being the only fully integrated performance and risk
Nasdaq is to acquire Sybenetix, a surveillance provider that combines behavioural analytics and cognitive computing with financial markets expertise. Sybenetix’s technology offering is designed to solve key surveillance challenges facing the asset management industry.
The addition of Sybenetix to Nasdaq’s Risk & Surveillance suite of solutions, including SMARTS and TradeGuard, will allow Nasdaq to bring deeper technology savviness and expertise to buy-side compliance officers across the global capital markets who require future-focused surveillance capabilities to protect their firms. Sybenetix’s behavioural science technology will further strengthen Nasdaq’s conduct surveillance offering, which will provide a holistic view of behavioural risks across trade, ecomms,
LedgerX, the New York-based institutional trading and clearing platform for digital currencies, has been granted US Commodity Futures Trading Commission (CFTC) approval to operate the first US federally-regulated exchange and clearing house for derivatives contracts settling in digital currencies.
LedgerX is now authorised as a derivatives clearing organisation (DCO) under the Commodity Exchange Act (CEA) to provide clearing services for fully-collateralised digital currency swaps. LedgerX, which was also granted an order of registration as a Swap Execution Facility on 6 July, 2017, initially plans to clear bitcoin options.
Participants in the LedgerX venue will be able to obtain and
Global Advisors (Jersey) supported by JTC, and in partnership with law firm Carey Olsen, has launched what is believed to be the world’s first regulated, crypto-denominated fund.
CoinShares Fund I, which launched on 23 June 2017, is a self-managed fund and will receive investment exclusively in Ether, the ‘crypto-fuel’ which runs the Ethereum platform.
Global Advisors says it is the first regulated bitcoin investment strategy and the firm is the provider of Europe’s only exchange traded bitcoin notes (ETNs).
The firm writes that since May 1st more than USD1 billion was raised through Initial Coin Offerings (ICO).
“This statistic serves both as
New York-based PortfolioScience and Eze Software have joined forces to offer the marketplace a unique solution for fund managers: pre-trade compliance rules based on market risk.
The RiskAPI service, developed by PortfolioScience, is a fully hosted and customisable risk solution that integrates seamlessly with existing applications and programming frameworks to generate risk calculations for multi-asset, multi-currency portfolios and individual positions.
Eze Investment Suite, Eze Software’s straight-through processing solution for the entire investment lifecycle, culls inefficiencies and replaces innumerable manual operations tasks by streamlining portfolio analytics, modelling, trading compliance and risk, from idea generation to settlement. The Portfolio Science application adds
Saxo Capital Markets UK Limited (Saxo), the UK subsidiary of Saxo Bank, has reduced the minimum spread for UK clients trading the UK100, the CFD index of the 100 largest UK listed companies by market capitalisation.
With spreads from as low as 0.8 basis points, Saxo now offers one of the tightest spreads in the market on the UK 100 CFD index.
The reduction in spreads took effect in early July 2017 to coincide with the launch of a new account functionality on SaxoTraderGO for its UK clients, before a planned roll-out in other regions by the end of
SIX Swiss Exchange has successfully completed the upgrade of its X-stream INET trading platform. Alongside forward-looking improvements in performance and capacity, the stability of response times has been increased.
This means that market participants have even more reliable information on whether their orders have been executed, enabling them to act accordingly. This improvement plays a key part in fostering stable and orderly exchange trading.
When it comes to technology, SIX Swiss Exchange is one of the leading exchanges in the world. Its stock exchange system achieves top levels in terms of stability and availability. The latest upgrade to the
Tradeweb Markets, a builder and operator of global fixed income, derivatives and ETF marketplaces, has made a strategic investment in DealVector, a fixed income asset registry and communication platform.
The investment aims to enhance and leverage Tradeweb’s diverse network of liquidity pools, and help support new opportunities for DealVector’s innovative registry and anonymous, authenticated messaging solutions.
“We look forward to enhancing our offering by working with DealVector. Its pioneering technology aligns well with our goal to deliver differentiated capabilities that provide greater transparency, efficiency and connectivity to institutional investors,” says Simon Maisey (pictured), Managing Director and Global Head of
