Solutions
Sat here writing this article in one of London’s many coffee shops there are at least half a dozen others tapping away on their MacBooks. By 2020, it is estimated that 40 to 50 per cent of the global workforce will work for themselves, in a freelance or independent consultant capacity, collaborating with people on platforms to deliver a particular service or solution.
Welcome to the gig economy, or sharing economy, that has seemingly been defined overnight by the incredible success of Airbnb and Uber, the e-hailing company.
These two companies, in particular, have completely changed the natural order of
London-based investment manager Warwick Capital Partners has selected Wells Fargo Global Fund Services to provide administration, outsourced middle and back office operations and transfer agency services for the new Warwick European Opportunities Fund II.
"Wells Fargo Global Fund Services continues to provide its expertise in administering complex credit strategies," says Matthew Coleman (pictured), chief operating officer and partner at Warwick Capital Partners. “In addition, its outsourced operations team enables us to invest in the full range of performing and distressed credit instruments in our portfolio. This decision further enhances our long standing relationship with Wells Fargo.”
"Warwick’s decision to
A new record volume has been set in futures contracts on the CBOE Volatility Index (VIX Index) traded in non-US trading hours, with an estimated 263,663 contracts changing hands.
This record surpasses the previous single-day record of 235,141 contracts set during the overnight session on 24 June 2016, when UK voters decided that Britain should leave the European Union.
Last night’s jump in overnight trading volume followed a drop in global market prices after the results of the US Presidential Election began to favour a Donald Trump victory over an expected win by Hillary Clinton.
VIX options and
Abacus Group, a provider of hosted cloud IT solutions for alternative investment funds, has welcomed the launch of the UK’s new National CyberSecurity Strategy, which includes stepped up efforts to combat data breaches, identify theft, fraud and money laundering in the financial services sector.
Abacus says its services already meet or exceed these standards.
Abacus, which in October announced a major expansion of its services and the opening of a second data centre in London, provides cyber defences to its more than 400 clients in the alternative investment field globally.
Noting that the US Securities and Exchange Commission
Exchange Data International (EDI), in partnership with AlgoCircle, has launched the Economic Indicator Service (EIS), which expands its data coverage to include worldwide economic data.
The new EIS aims to deliver professional economic content to financial institutions on both the buy and sell side, and service providers.
It currently covers 2,229 recurring macro-economic indicators, such as GDP data, unemployment releases and PMI numbers from 37 countries.
EDI is enhancing this service by adding additional countries, including Chile, Denmark, Egypt, Finland, Indonesia, Israel, Pakistan, Philippines and Taiwan.
Jonathan Bloch (pictured), CEO of Exchange Data International, says: “EIS represents
Block-focused alternative trading systems (ATS) face challenges in gaining and sustaining liquidity, according to a report by TABB Group.
In October 2016, the Financial Industry Regulatory Authority (FINRA) began a monthly initiative releasing new data on block liquidity in ATS.
TABB Group’s latest report, “Blocks in the Dark: Trading in Size on ATSs,” highlights the takeaways from this new source of block data and puts it in context in light of historical TABB-reported ATS block liquidity, industry trade size and off-exchange market share.
Research author Valerie Bogard (pictured) explains that with these added metrics, which are aggregated monthly
CLS Group, a provider of risk mitigation and operational services for the global foreign exchange (FX) market, has completed the upgrade its settlement members to a new member gateway and market infrastructure (MI) channel.
CLS’s settlement members include 66 of the world’s largest financial institutions which are direct participants in CLS.
Over 21,000 third-party clients around the world also access CLS’s services indirectly through settlement members. These include banks, asset managers, hedge funds, non-bank financial institutions and multinational corporations.
CLS worked with each of its settlement members, as well as SWIFT, to build and integrate a new member
In a challenging market environment, investment managers are looking for ways to incorporate the latest research methods and state-of-the-art investment practices to navigate through choppy waters and deliver to investors the best risk-adjusted returns.
Cognisant of this, three years ago Yale SOM partnered with the EDHEC-Risk Institute to create a series of joint executive education seminars centered on Advanced Risk and Investment Management.
The program has been designed by Lionel Martellini, Professor of Finance, EDHEC Business School and Director of EDHEC-Risk Institute and Will Goetzmann, Edwin J Beinecke Professor of Finance and Management Studies, Director of the International Center for Finance,
By Fiona Le Poidevin (pictured), CEO, Channel Islands Securities Exchange (CISE) – International developments such as the EU’s Alternative Investment Fund Managers Directive (AIFMD) and the OECD’s Base Erosion and Profit Shifting (BEPS) initiative are placing increased focus on the substance of investment structures.
Asset management groups are still dealing with the implications and in doing so, they should consider how they can demonstrate additional substance by listing on the Channel Islands Securities Exchange (CISE).
We offer a fully regulated marketplace from our offices in Guernsey and Jersey, which are within the European time zone but outside of the EU. Today,
Broad geopolitical risks, including the outcome of the US presidential election and Britain’s exit from the EU, are among top risks facing the global financial system, according to a survey by The Depository Trust & Clearing Corporation (DTCC).
Other geopolitical risks that were mentioned include instability in the Middle East, the impact of the ongoing refugee crisis across Europe, and the influence of Russia and China on global relations and the world economy.
Respondents highlighted the unpredictable nature of world events, citing the potential for sudden escalation that could cause global market volatility and instability.
Cyber risk remained
