Solutions
eVestment, a provider of institutional investment data and analytics, has launched the eVestment iPhone app.
The app pulls from eVestment’s SaaS-based Analytics platform and allows users to see and use high-level summaries, charts and graphs highlighting research, competitive analysis and due diligence across traditional long-only and hedge fund investment vehicles.
The app is available free in the Apple App Store for all users with an existing eVestment Analytics subscription.
“Smartphones have changed how business people consume and retrieve data: they expect information to be easily accessible, easy to use anywhere and anytime and on their device of choice,”
By Dami Oloidi, Meyler Capital
Sonar for ships: Sonar technology is used by ships to map the ocean floor. First, sound signals are sent out, via a transmitter, in the direction of the ocean bed. Secondly, the signals reach the ocean bed and bounce off whatever object they touch. Finally, they reflect back to a receiver to transform the sound signals into an image of the ocean bed.
Underwater features closer to the ship take less time to reflect back to the receiver, as opposed to features further away from the ship. This time differential is used to map the valleys and mountains ranges
PEGAS, the pan-European gas trading platform operated by Powernext, registered a total volume of 166.6 TWh in March 2017, confirming the increasing trend on the futures segment and another strong month for the time spread instruments.
It represents a of 25 per cent increase compared to last year (133.1 TWh).
PEGAS CEGH VTP market area registered an all-time monthly volume high with 6.6 TWh in March (previous record: 6.2 TWh in February 2017), substantiating members’ interest in a larger product offering on the PEGAS platform.
Spot trading volumes in March reached 69.2 TWh, an increase of 22 per
Fintech company Koger has deployed its flagship NTAS platform for fund administration and compliance in the cloud.
NTAS is a share registry system that manages fund tracking, reporting and fee calculation.
More than 8,000 funds with USD2 trillion in assets are administered through NTAS, which is used by many of the largest funds, fund administrators and financial institutions.
The NTAS platform and its complementary product suite support all types of investment funds, including hedge funds, private equity, mutual funds, money market funds and pension funds.
“The migration of NTAS to the cloud is part of our ongoing
The European Energy Exchange (EEX) reached a volume of 311.2 TWh on its power derivatives markets in March, representing a year-on-year increase of 22 per cent (March 2016: 255.8 TWh).
In particular, power products for the German-Austrian market contributed to this result. At 250.5 TWh, volumes in this market increased by 42 per cent (March 2016: 176.6 TWh). This includes 225.9 TWh from Phelix Futures and 24.6 TWh from Phelix Options.
The March volumes comprised also 158.7 TWh registered at EEX for clearing. Clearing and settlement of all transactions was executed by European Commodity Clearing (ECC).
On the
Alter Domus, a provider of fund and corporate services, has opened its second office in Ireland in Cork, creating 60 new jobs.
Alter Domus was established in Ireland in 2011 and in 2014 the firm acquired O'Donovan Stewart Corporate Services. The team was set up in Dublin to provide the full suite of corporate services with strong activity in aircraft leasing, private equity, real estate and debt.
James McEvoy, Alter Domus country executive Ireland, says: “Today, we are delighted to now be able to offer Fund Administration services specialising in private equity, real estate, infrastructure and debt and further,
Euronext has signed a binding heads of terms with ICE Clear Netherlands, a subsidiary of Intercontinental Exchange, for the provision of clearing services for its financial derivatives and commodities markets.
Under its “Agility for Growth” strategy, Euronext has deployed significant effort to establish clearing optionality for its clients, including acquiring a 20 per cent stake in EuroCCP and subsequently launching the preferred clearing model for cash equities.
On 3 January 2017, Euronext was granted exclusivity to acquire 100 per cent of the share capital and voting rights of LCH.Clearnet SA (Clearnet), contingent on the closing of the merger between
The Derivatives Service Bureau has opened the DSB User Acceptance Testing (UAT) platform to the industry with a revised and updated set of product templates that are consistent with MiFID II requirements.
The UAT platform is a functionally complete system that will provide near real-time allocation of International Securities Identification Numbers (ISINs) for OTC derivatives as well as generate additional attributes that are mandated by MiFID II, such as the Classification of Financial Instruments (CFI) and Financial Instrument Short Name (FISN) ISO standard values.
“We are delighted to make available the UAT platform for formal industry testing on time
The European Power Exchange EPEX SPOT and the clearing house European Commodity Clearing (ECC) have introduced 30-minute continuous trading of power spot contracts in the intraday markets in France, Germany and Switzerland.
Some 450.45 MWh have been traded during the first 24 hours, with 118.65 MWh in France, 328.20 MWh in Germany and 3.6 MWh in Switzerland.
Cross-border trades accounted for 48 per cent of the total traded volume.
Cross-border capacity allocation in 30-minute-sequences by the Transmission System Operators (TSOs) Amprion, RTE, Swissgrid and TransnetBW was already possible since 2015. As the central counterparty of all EPEX SPOT
The Exchange Council of the European Energy Exchange (EEX) has discussed the extension of EEX’s power derivatives product range with contracts currently listed on Power Exchange Central Europe (PXE).
At a meeting chaired by Michael Redanz, managing director of EWE Trading, the Exchange Council also approved the re-appointment of Steffen Köhler (pictured) and Tobias Paulun to the exchange management board of EEX, in addition to confirming new appointments to the sanction committee of EEX.
The focus of the meeting was the cooperation with PXE and the migration of the PXE product range of power derivatives to the EEX platform
