Solutions
The Colt PrizmNet, a financial extranet offering deterministic low latencies for delivering data, software, content and financial services worldwide, now connects three out of the five leading brokers in US electronic equity trading.
Colt PrizmNet provides connectivity to all major venues, ensuring best execution and visibility into global markets, and increasing algorithmic trading efficiency.
Over the past year, Colt has expanded the pool of providers available on Colt PrizmNet from 50 to 75, including Ak Investment, Applied Blockchain, Cappitech, and Succession Systems. The Colt PrizmNet reach continues to expand with more than 100 providers being on boarded this year.
Financial professionals using Thomson Reuters’ flagship desktop can now integrate their internal and partner applications through the launch of its Side by Side Integration API.
Together with App Studio, Eikon’s third-party developer suite, users can extract greater value from Eikon through a more seamless workflow on a single desktop.
The new API is designed to meet the changing needs of financial professionals as they use an ever-expanding number of applications from different providers to reflect individual needs and market segments.
Side by Side Integration can connect any financial application on the desktop to Eikon, helping users move seamless
Eze Software Group has enhanced its Eze Portfolio Accounting module with a Reconciliation Summary dashboard.
The tool provides a view of all reconciled and unreconciled positions, transactions and cash balance grids to help funds better automate the reconciliation process and lower collateral risk. Additionally, Eze has bolstered its fund accounting expertise.
The Reconciliation Summary dashboard is one of many features of Eze Portfolio Accounting aimed at making reconciliations simpler, easier and more accurate. Users can view all of their reconciled and unreconciled positions by fund and custody account, and filter the information further by fund and currency. The dashboard
Invast Global has partnered with Lucid Markets, adding the world’s first non-bank FX market maker to its PurePrime platform which now offers over 20 unique FX and metals liquidity providers.
The suite of non-bank market-makers Invast Global has assembled within the PurePrime facility includes Citadel Securities, XTX Markets and Virtu Financial.
It allows clients without direct Tier 1 PB relationships to access the liquidity provided by non-bank market-making giants.
Offering a tailored solution for institutional clients, brokerages, hedge funds and sophisticated traders, PurePrime offers access to disclosed bank, non-bank and ECN liquidity via multiple trading GUIs or API,
One of the most significant forces of change in the global alternatives industry over the last five to ten years has been the plethora of technological advances. Never has Moore's Law, which argues that the processing power of computers doubles every two years, been more evident. This has come at a time when the gravitational pull of market regulation has stretched fund managers to breaking point, not just operationally but from a cost of compliance perspective.
Technology has been a saviour, allowing fund managers to effectively outsource all non-core investment functions as software providers have developed comprehensive cloud platform solutions;
Apex Fund Services has partnered with DataGuidance to enhance the group’s data protection and data privacy programme.
Apex will use DataGuidance’s suite of privacy tools to receive research and intelligence on privacy legislation.
Apex will benefit from up-to-date information available for all jurisdictions and where a dedicated local Apex data protection officer is monitoring any change in legislation and its transposition by the local markets.
Sonja Maria Hilkhuijsen (pictured), global head of compliance, Apex Fund Services, says: “The use of the DataGuidance privacy platform across the group is evidence of Apex’s strong commitment to upholding the highest levels
MaplesFS is relocating its Dublin office on 5 May to a newly developed 32,000 square foot office space, centrally located at 32 Molesworth Street in Dublin 2.
The new space will facilitate continued business growth as well as allowing for future expansion.
MaplesFS is an independent global provider of specialised fiduciary, fund administration, entity formation and management, and trust and private client services, as well as AIFM and UCITS management company solutions via MPMF Fund Management (Ireland) Limited, with more than 10 years on-the-ground presence in Dublin.
MaplesFS has played an active role in supporting the growth of
Transaction Network Services (TNS) has launched an encryption solution which allows financial market participants to further protect the privacy of their trading data.
Alex Walker (pictured), executive vice president and managing director of TNS’ financial services division, says: “We are hearing more and more from our buy-side customers about their concerns for security and protection, especially where IP connections are utilised in the FIX trading ecosystem.
“By deploying class leading network encryption, firms can ensure valuable trading information is kept private during transmission. The TNS Encryption Service provides an additional layer of security that prevents unauthorised parties from gaining
PEGAS, the pan-European gas trading platform operated by Powernext, registered a total volume of 123.4 TWh in April 2017, fuelled by the spot segment with 63.4 TWh.
Spot trading volumes in April reached 63.4 TWh, an increase of 28 per cent compared to the previous year (49.5 TWh).
On the Dutch market area TTF, 16.1 TWh were traded, which represents a growth of 18 per cent compared to April 2016 (13.6 TWh).
The German delivery zones registered a total volume of 24.0 TWh (April 2016: 24.6 TWh), and trading of quality-specific spot contracts totalled 7.8 TWh.
The
The European Energy Exchange (EEX) achieved a total volume of 220.7 TWh on its power derivatives markets in April 2017, compared with 416.3 TWh in April 2016.
A volume of 0.1 TWh was traded in the new German power futures which EEX launched on 25 April, while trading volumes in Phelix power futures for the German-Austrian price zone amounted to 171.1 TWh (April 2016: 266.8 TWh).
The April volume comprises 121.0 TWh traded at EEX via Trade Registration with subsequent clearing. Clearing and settlement of all exchange transactions was executed by European Commodity Clearing (ECC).
On the EEX
