Solutions
Abacus Group, a provider of hosted cloud IT solutions for alternative asset funds, has enhanced its Abacus Client Portal, which gives asset managers greater control of and transparency into their AbacusFLEX cloud services.
The enhancements include two new modules giving unprecedented transparency into managed services provided by Abacus; real-time, on-demand charts, and enhanced visibility into services associated with each user account. The Portal enables Abacus clients to routinely monitor the inventory of Abacus services they are using for security, compliance or billing purposes as well as manage their data storage costs.
“With these enhancements to the Abacus Client Portal,
IHS Markit has formed a strategic alliance with Deloitte to address MiFID II regulatory challenges leveraging IHS Markit’s Outreach360 solution and Deloitte’s regulatory business advisory expertise via a managed service.
IHS Markit and Deloitte will offer customers a total solution for navigating MiFID II data standardisation, client outreach and counterparty terms of business repapering. Outreach360 provides a centralised tool to create, send and track status of regulatory client outreach communications while leveraging the existing network available on Counterparty Manager by IHS Markit. Deloitte brings a wealth of advisory consulting expertise including MiFID II knowledge along with a managed service capability
The European Energy Exchange (EEX) and Power Exchange Centra Europe (PXE) have successfully migrated the contracts previously listed on PXE onto the EEX T7 platform.
The offering comprises cash-settled power futures for the Czech Republic, Hungary, Slovakia, Romania and Poland. The contracts are available with monthly, quarterly and yearly expiries. Until 16 June, a volume of 117,965 MWh was traded in the new prod- ucts, now listed under EEX’s rule book in the T7 system.
David Kučera says: “We thank our members for supporting us in the migration process. This transition means that now more than 200 EEX participants
Financial technology group ayondo has expanded its product portfolio with the launch of Bitcoin trading, allowing its clients easy access to the price movement of Bitcoin without the need to open up an e-wallet to purchase bitcoin on the internet.
Bitcoin is a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.
The digital currency has experienced rapid growth recently and can now be traded at ayondo via spread betting/CFD trading. Bitcoin is also available to signal providers
Beginning in 2018, Kempen has decided to cover external investment research costs as part of its strategy to comply with MiFID II. These costs however may still be passed on to clients under strict conditions.
MiFID II contains a provision that states that specific costs incurred for external investment research must be transparent and recognisable as such. The current practice is that trading and research costs are lumped together in a single fee, the commission that a client pays for a transaction. Separate pricing for external investment research, a move known in the industry as ‘unbundling’, should increase transparency in
Just a decade ago, the cyber threat landscape was far less pronounced, but thanks to significant advances in IT, mobile technology and digital platforms, the threat of cybercrime has grown exponentially and poses risks across the global industry and for national critical infrastructure (power stations, hospitals, dams, financial services).
As managers in the financial services industry increasingly adopt digital technologies, they increase the number of attack surfaces and weakness points within their networks. As a fund manager introduces a new counterparty into their network, the exact increase in risk is unknown but it may likely be substantial.
“Unless you are
Jefferies has entered into a new alliance whereby Mandiri Sekuritas will provide equity research on companies in Indonesia on a co-branded basis to the Jefferies global base of institutional clients.
Mandiri Sekuritas will also provide local equity broking services to Jefferies clients.
Mandiri Sekuritas is one of the leading local brokerage houses in Indonesia. Its longstanding strong position has been recognised by a number of prestigious awards in the industry including an award as the “Best Local Brokerage House” for seven consecutive years by Asiamoney Brokers Poll 2010-2016 and the “Best Equity Capital Market House 2016” by FinanceAsia. Mandiri
Research Affiliates has launched a new version of Asset Allocation Interactive, an online investor tool that provides investment information and expected return data across more than 130 assets.
The site features newly added alternative asset classes including real estate, hedge funds, and private equity. The site also includes 11 model portfolios – encompassing expected and historical returns and risk, tracking error, CAPE ratios, inflation expectations, yield curves, GDP growth rates, commodity term structures, and more.
Acknowledging the popularity of the tool outside the United States, results are now available in four additional major currencies: euro, British pound, Japanese yen,
Dr Nicola Meaden Grenham (pictured), co-founder of Dumas Capital, has been named Strategic Adviser to Kettera Strategies and its Hydra marketplace, a global platform providing investors with access, daily transparency, intra-month liquidity and notional funding to established and emerging alternative asset managers.
“We have the highest respect for Nicola and her many accomplishments in the alternatives sector” says Terri Engelman Rhoads, Kettera President. “We look forward to working with Nicola as Strategic Adviser to help expand our footprint internationally. Kettera’s Hydra marketplace uses technology to advance the requirements of investors and investment managers seeking to expand their relationships and enhance
Independent credit provider InPark Square Capital (Park Square) has gone live on IHS Markit’s order management and portfolio modelling system, thinkFolio.
The implementation delivers operational efficiencies for Park Square’s front and middle office functions, with thinkFolio seamlessly integrating with the firm’s other IHS Markit loan offerings, providing end-to-end connectivity and workflows.
Park Square is using thinkFolio for portfolio modelling and construction, cash management, compliance and automation of the trading and trade approval processes. thinkFolio facilitates straight-through-processing to WSO, IHS Markit’s loan portfolio software, providing a single platform for position management, full portfolio NAV and reporting.
Park Square has
