Solutions
Research unbundling is creating a whole new marketplace model for research procurement and consumption.
One of the biggest changes that asset managers face under MiFID II will be the need to unbundle research payments from execution commissions and provide evidence on how they are paying for that research, to the optimal benefit of their investors.
This is likely to shake up sell-side research departments and those independent research providers with limited distribution capabilities, with some fearing that it could potentially reduce the quantity of research in the marketplace.
But with every challenge there is a new opportunity. Research platforms are
MiFID II aims to increase the accountability and transparency of the financial services industry and represents the latest in a long line of regulatory developments since the '08 global financial crash.
Both buy-side and sell-side MiFID regulated firms are busy focusing on exactly how reporting obligations will impact their existing IT system configurations. According to Paul Yau (pictured), Senior Regulatory Counsel at Advise Technologies, whose Consensus Regulatory Management System is used by investment managers for a repeatable, reliable, and automated filing process, the current environment reminds him of when firms were preparing for Annex IV reporting under AIFMD a few
Colt Technologies is a private telecoms company owned by Fidelity. It delivers secure, on-demand services designed to meet the stringent requirements and speed of the financial markets. Among the more than 400 capital markets firms it supports worldwide includes 18 of the 25 largest global banks and 13 European central banks. With both sell-side and buy-side firms looking for reliable access to market data under MiFID II, having the requisite market infrastructure in place is a potentially daunting task.
This is where Colt Technologies – specifically its Colt Capital Markets division – comes in. Using Colt PrizmNet, a fully managed
Dimensional Fund Advisors, a Texas based global asset manager with USD497 billion in assets under management, is extending its use of SimCorp Coric to enhance client reporting capabilities.
This follows the firm having gone into successful production with SimCorp Coric for key marketing materials, including product brochures and fund factsheets.
Dimensional has been using SimCorp Coric since deciding to initiate an effort to enhance its client communications and reporting capabilities in 2014. The firm wanted an operating model, which would provide the long-term scalability needed to support its global reporting requirements. The implementation of SimCorp Coric has meant that
12th Street Asset Management has selected Archer, a technology and services provider for the investment management industry, to support the firm's growth across all channels, including separately managed accounts, a limited partnership and model delivery clients.
Archer will provide technology and services in support of 12th Street's investment products with features and services that will allow the firm to effectively scale operations to accommodate future growth.
12th Street Asset Management is an employee-owned, Nashville-based asset management firm, managing roughly USD1 billion dollars. In selecting Archer's web-based technology to support its business with a single investment book of record, 12th
GreenKey Technologies, creator of an artificial intelligence (AI) and voice-driven collaboration tool for financial market participants, has secured a patent from the US Patent and Trademark Office for its system for human speech-to-text and subsequent interpretation of spoken financial trades in a fast and accurate manner.
The speech engine, "GreenKey Scribe," is trained on terabytes of financial conversations and allows for human error correction to achieve industry-leading transcription accuracy.
Scribe uses proprietary decoding techniques to transcribe audio up to 10 times faster than other engines and includes natural language processing libraries called Product Class Interpreters to automatically extract relevant
The European Commodity Clearing (ECC) is cooperating with KB TECH to expand access to cleared commodity markets for trading participants.
KB TECH is a UK based software development company providing data management services and products to the trading, pension and financial markets.
KB TECH has launched a dedicated portal “KB Portal” which allows the entry and submission of brokered trades for trade registration on the European Energy Exchange (EEX) and subsequent clearing with ECC. KB Portal is available for the power, emissions and freight markets, as offered by EEX.
In the framework of their Straight-Through-Processing (STP) solution, ECC
Rival Systems, a provider of trading and risk management software, has integrated into its trading platform QuantHouse’s end-to-end ultra-low latency market data feed.
The integration of QuantFEED into the Rival Trader and Rival API platforms further strengthens Rival’s multi-asset class offering.
The move enables mutual clients of Rival and QuantHouse to seamlessly pull QuantFEED data into Rival’s front-end trading and algorithmic strategy development software, with the flexibility to configure the market data to meet their varying latency and cost requirements.
The feed, including hardware, software and telecommunications components, integrates directly into the full functionality of Rival Trader and
Advanced Logic Analytics (ALA), a provider of enterprise wide big data and analytics solutions for buy- and sell-side institutions and other financial firms, is introducing advanced finance analytics to help financial markets firms reduce downside investment risk and achieve upside potential.
These new analytical tools, part of the ALA OneLogic suite of big data and analytics solutions, offer quant-based augmentative strategies for portfolio composition using the proven academic concept of “second order stochastic dominance”.
The underlying algorithms focus on the entire distribution rather than a few statistical moments, leading to reduced downside risk and enhancing upside potential. Portfolio managers and
The life of the Chief Compliance Officer is not getting any easier with respect to the many regulatory and compliance demands placed on today’s alternative fund management community.
Dealing with diverse issues ranging from tax compliance (in the form of FATCA and Common Reporting Standards) to cybersecurity developments and upcoming regulation in Europe including MiFID II and the General Data Protection Regulation, as well as orchestrating the investor onboarding experience and ongoing compliance commitments, is enough to keep any CCO awake at night.
However, a practical approach that combines technology with effective communication with the appropriate people can lead to
