Solutions
Increasingly, the search for alpha is pushing asset managers into the furthest corners of financial markets. New asset classes, new instruments and new geographies are conspiring to place huge pressure on pre-existing operating models as managers struggle to cope with the volume of investment data. Whereas previously the front office operated independently from the middle and back office, all three are converging to handle the data management task.
This, in short, is leading to a new investment management operating model; one that is more integrated, front to back. And is, in turn, being supported by service providers. Fund administrators, who
Since its first live deal in January 2017, the number of banks eligible to publish deals via Ipreo’s Investor Access has doubled from eleven to twenty two.
Investor participation in this industry-led initiative continues to grow, with an active community of one hundred investors able to view published deals and over thirty of those institutions enabled to enter orders electronically.
May marks a record month, with 69 deals run over Investor Access where investors have submitted orders and received allocations electronically. The number of deals published year to date is approaching 400, and more than 100 of these have
Calastone, the global funds transaction network, has successfully completion the first phase of its distributed market infrastructure proof-of-concept (PoC) to test the feasibility of using blockchain to develop a common global marketplace for the trading and settlement of mutual funds.
The tested distributed infrastructure model proved capable of processing transactions equivalent to a full day’s trading sourced from across Calastone’s global transaction network, which spans over 1,200 fund distribution and fund manager clients across 34 markets.
Campbell Brierley, Chief Information Officer of Calastone, says: “Successful initial testing, involving a large volume of trades across a fully representative global market
Broadridge Financial Solutions has formed a strategic alliance agreement with Spence Johnson, a provider of global institutional data and intelligence, to bring together retail and institutional data, benchmarking and analytics.
The combined capabilities will generate a unique global view of the global asset management market.
This strategic alliance leverages Broadridge’s Global Market Intelligence, a platform for retail cross-border fund data and analytics that delivers detailed information on 80,000 retail mutual funds and ETFs globally, and Spence Johnson’s market leading institutional Money in Motion dataset that provides detailed analytics on institutional assets, flows and sales, tracking over USD7 trillion in
Synechron, a financial services consulting and technology service provider, is to join the Misys InFusion Partner Program. Synechron will develop two Centres of Excellence focused on Capital Markets and Corporate Banking to support clients across the United States, Europe, Middle-East and India.
The Capital Markets sites will cover the Misys FusionCapital suite of products for Treasury and Capital Markets. Corporate Banking will include the Misys FusionBanking solutions in Lending and Transaction Banking. This will complement Synechron’s prominent track record in these markets and its long-standing systems integration capability.
Brian Gibson (pictured), Vice President, Partners and Ecosystem at Misys, says:
BlueMatrix,a publisher of investment research, has launched Postmaster, a web-based report publication and distribution solution for research providers.
Postmaster enables firms to securely and automatically distribute research to aggregators, research portals, niche information providers, and client-specific destinations. Postmaster stores historic reports in a firm-branded library that can be made available on a per-client basis and used as a firm-wide historical archive.
With Postmaster, investment professionals can manage all firm contacts, subscriptions, and send customised reports to key contacts.
Jointly available with Postmaster is BlueMatrix Analyzer, a solution to collect and manage readership data across multiple as well
Ipreo and Hamilton Lane have launched Private Market Connect, a joint venture developed to help solve the existing data challenges faced by Limited Partners and address the information inefficiencies that exist throughout the private markets globally.
Private Market Connect will focus on scaling, automating and normalising the information flow between General Partners (GPs) and Limited Partners (LPs) – ultimately resulting in straight-through processing.
This venture represents the latest evolution in an existing strategic partnership forged between the firms in 2012. Both Ipreo and Hamilton Lane continue to build upon their original shared goal of advancing industry cooperation and addressing
Exchange Data International (EDI), a provider of global security corporate actions, pricing and reference data, has released a new corporate action event, Further Public Offering (FPO).
The addition of the FPO event enhances existing services by providing full details of company securities post Initial Public Offering (IPO), including any additional allocations made available to the deal’s underwriters via ‘greenshoe’ options.
Once a follow-on or secondary offering is announced, it is essential to understand the impact on existing shareholder investments. This new event type indicates the type of offering; whether for new shares, sales of existing shares or a combination
Abel Noser Solutions, a specialist in Transaction Cost Analysis (TCA) in equities, preferreds, FX and futures, is now offering coverage of a new asset class – fixed income.
From customised reporting to higher level executive summary views, fixed income TCA aims to provide clients with clarity into the cost of their trades, best execution analysis and best practices. In addition, Abel Noser Solutions’ spread-based methodology and peer benchmarking offers institutions a relative view versus other bond participants trading similar securities. All of this functionality and analysis is offered on one platform and is consistent with clients requesting centralised software services
IHS Markit has launched Collateral Manager, an end-to-end solution for calculating margin, settling margin calls and managing margin disputes.
New regulation requires the mandatory exchange of variation and initial margin for cleared and uncleared OTC derivatives transactions. In response, financial institutions seeking operational excellence require new tools with which to automate margin activity and manage legal and liquidity risk.
Collateral Manager’s intuitive, configurable dashboards and real-time reporting help users automate processing of margin calls, manage exceptions and provide transparency for audit and risk purposes. The complete solution provided by Collateral Manager is made possible by sourcing key data, including
