Solutions
SS&C Technologies Holdings has released its first round of 2016 product enhancements for Geneva, Advent Portfolio Exchange (APX), Moxy, Advent Rules Manager, Advent Revenue Center, Tamale RMS, and Tradex.
“We are dedicated to helping firms using our solutions maintain their competitive edge,” says Robert Roley (pictured), SVP Product and Client Experience, SS&C Advent. “Through continuous investment in the features, functionality, integrations, and emerging technologies, SS&C Advent continues to develop innovative upgrades that set our clients up for success, whether that’s reducing operational risk, increasing client satisfaction, or realising efficiencies that help grow their businesses. More clients than ever are looking
Regulatory technology, or ‘RegTech’ as it is known, is building momentum in Ireland as the country looks to embrace the Financial Technology revolution.
Speaking at an Irish Funds Industry press event in London last week, Cillian Leonowicz (pictured), Manager, Financial Services, Strategy & Operations – Consulting at Deloitte, said that there is a “real trend” towards FinTech in Ireland, as new technologies emerge to foster innovation and build new businesses as well as improve operational capabilities in existing businesses.
Financial services is obviously a key industry in Ireland. And with the volume of regulation that has come into effect over
The migration to cloud-based IT systems is forcing governments to update privacy regulations to meet evolving data sovereignty requirements. This new report from Ovum “Data privacy laws: Cutting the red tape” shows results of an international survey on the effects of these evolving regulations on businesses.
Please click here to download.
The Bahamas has developed into a jurisdiction capable of responding to the needs of investors – be they wealth managers or single- or multi-family offices – and whilst there is still some way to go to build out its institutional investor base, the tools are in place to support a wide variety of investment requirements.
Some of the innovations that The Bahamas has introduced, such as the ICON legal structure and the SMART Fund series, have helped to put it on the map and it has certainly helped attract more business.
“The ICON has been moderately successful but we are
Interactive Data’s continuous evaluated fixed-income pricing (CEP) and liquidity indicators services are now available to FactSet clients. FactSet provides integrated financial information and analytical applications across asset classes to more than 63,000 users around the world.
As the shift to electronic bond trading platforms continues, the need for independent, high-quality data that allow users to assess quote quality and enhance price discovery has grown. Interactive Data now supplies leading bond-trading platforms and applications with independent reference prices, insights into bond values and greater pre- and post-trade transparency.
“We are pleased to be able to offer Interactive Data’s CEP and
Entrepreneur Shane Brett (pictured) is CEO of hedge fund consultancy Global Perspectives and co-founder of FinTech startup, GECKO.
Markit’s FX pricing distribution hub service has added the Moscow Exchange (MOEX) to its network of trading venues, providing FX market participants worldwide cost effective trading access to one of the world’s fastest growing exchanges.
MOEX’s FX ruble market volumes increased 37 per cent in 2015 and FX derivatives volumes increased 112 per cent, driven by both on-shore and quickly rising offshore customer flows.
Markit’s FX customers will benefit from plug and play connectivity to MOEX for price distribution and liquidity sourcing, as well as comprehensive post trade processing. Firms outside Russia will gain efficient access to Russian ruble
Pragma Securities, a provider of algorithmic trading tools, has launched Pragma SmartFix, a new execution algorithm designed to improve average execution performance against the daily 4pm WM/Reuters foreign exchange benchmark fixing.
The algorithm is based on patterns detailed in a research paper released by Pragma today. Following recommendations from regulators in the wake of the FX rate-rigging scandal, in February 2015 the methodology underpinning the WM/R benchmark was changed, widening the calculation window from one minute for the most liquid currencies to five minutes.
In addition, banks have largely shifted their execution of customer fix orders from the spot
JTC, the multi-jurisdictional, independent provider of institutional and private client services, has formed a partnership with INDOS Financial in order to provide an independent depositary solution for its alternative fund clients.
The partnership means that JTC’s range of private equity, real estate, hedge, infrastructure and other alternative fund clients will now have access to a specialist depositary, which can help managers meet the requirements of the EU Alternative Investment Fund Managers Directive (AIFMD) and deliver an additional level of oversight that is independent from the fund administration service.
UK-based INDOS Financial specialises in providing independent AIFMD depositary services to
Jersey is recognised by international standard setters as one of the best regulated finance jurisdictions globally and its authorities have full knowledge of the beneficial owners of all Jersey companies, according to Geoff Cook, CEO (pictured), Jersey Finance.
He welcomed moves for greater transparency and called on other locations that had not done so to introduce a regulatory regime that enabled them to know and share information on the beneficial owners of companies with appropriate authorities.
His comments follow the leak of documents belonging to the Panamanian law firm, Mossack Fonseca, which has led to calls for greater transparency
