Solutions
Jersey is to introduce regulation of virtual currency. The island is already home to the first regulated Bitcoin fund and the new regulatory proposal is intended to encourage confidence and innovation in the sector.
The announcement was made this morning (Wednesday) at Jersey’s first major Fintech conference, FinTechJersey, in St Helier.
The island’s Assistant Chief Minister with special responsibility for Financial services and the digital sector, Senator Philip Ozouf addressed the conference at 9am (BST), while later today at 4.30pm (BST), Vladimir Jizdny from the Jersey Financial Services Commission will give a presentation on crypto-currency regulation along with George Pearmain from the
Financial research firm TABB Group interviewed 43 global heads of trading at hedge funds, asset management and private wealth firms in the US, UK and Europe on how they plan to adjust to the latest MiFID proposals and whether regulators will succeed in bringing back the block.
The research showed that 67 per cent prefer finding natural blocks than relying on a choice of venue, broker or strategy. However, according to Rebecca Healey, a TABB Group consulting analyst and author of the report, only a third are moving from schedule-based trading back to blocks. She says: “While many claim to
Eze Castle Integration has brought its cloud-based voice solution, Eze Voice, to the United Kingdom with the aim of ‘increasing efficiencies for the hedge fund and alternative investment verticals’.
Eze Voice leverages Eze Castle Integration’s global cloud platform, Eze Private Cloud and is designed to allow flexible, real-time collaboration among colleagues. Additionally, with Eze Voice, traders can have push-button access from their desk phones to their brokers via automatic ringdowns that are integrated into the system.
Eze Voice is designed to eliminate the need for costly and complex networks, hardware and software, but still provide high-quality sound, reliability and responsiveness and
The markets have experienced significant volatility in the last few months. China's decision to devalue its currency, the collapse of commodity prices and the uncertainty caused by global quantitative easing have all caused significant disruption to financial markets. In August, all three major equity indices in the US suffered their biggest losses since 2011.
Hedge funds need to manage volatility and to do that effectively requires a risk management system that is real-time, user driven and flexible enough to provide the instant analysis that is required.
This is precisely what TFG Financial Systems provide. Offered as
The RiskAPI service, developed by PortfolioScience, is a fully hosted and customisable risk solution that integrates seamlessly with existing applications and programming frameworks to generate risk calculations for multi-asset, multi-currency portfolios and individual positions. It is available as both an Enterprise software API and an Excel Add-In.
Rather than being a risk calculator, per se, it is a complete end-to-end solution.
"Our system has all the underlying data, and all the necessary analytics, connections and external data feeds within the infrastructure; everything needed to generate a full spectrum of risk calculations," explains Ittai Korin (pictured), President, PortfolioScience. "If they want,
By Chris Kundro, Wells Fargo Global Fund Services – There are many professionals, both internal and external to a fund manager, who play an important role in controlling a fund's operational infrastructure and mitigating a fund's operational risk. COOs, CFOs, and CCOs manage the functions necessary to support a hedge fund, while fund directors, auditors, and operational risk analysts ensure that a hedge fund's infrastructure is sound and secure.
However, unlike portfolio managers and traders that have always had portfolio management, trade order management, and other systems to leverage, operational professionals have historically lacked sophisticated or comprehensive systems for managing
Abacus Group, a provider of hosted IT solutions for hedge funds and private equity funds, has been recognised by both Hedgeweek and Talkin’ Cloud as a distinguished cloud service provider.
Abacus was named the Best North American Cloud Services Provider in the 2015 Hedgeweek USA Awards, and ranked in the top 50 per cent of the Talkin’ Cloud 100.
Institutional investors, wealth managers, fund managers and other industry professionals selected Abacus as the Best North American Cloud Services Provider for the Hedgeweek USA Awards 2015. Honoring leaders of the hedge fund industry and their notable achievements, the Hedgeweek USA
Paul Didyk, Chief Technology Officer, MUFG Fund Services, on Aima’s warning that hedge fund managers cannot fly under the radar of cyber criminals…
It is vital for managers to recognise and address that the hedge fund business is a prime target for cyber threats because of its reputation as a high value arena. Bigger firms may have adequate protection in place, but smaller companies who don’t have the sufficient security infrastructure are at a real risk.
Cyber crime is evolving and proactivity is key to tackling its greatest threats. A commitment of time and resources is paramount in getting to
Agecroft Partners was founded by Don Steinbrugge (pictured), who has 30 years of experience in the institutional investment management industry. Agecroft specialises in consulting and third party marketing for hedge funds.
"Agecroft has changed the model of hedge fund third party marketing," says Steinbrugge. "Most third party marketing models are based on leveraging personal relationships and doing extensive entertaining. Ours has been to build a global brand with a reputation as an industry thought leader, strong institutional investment knowledge and representing very high quality managers.”
Steinbrugge has been a prolific writer of industry thought pieces and white papers, having written
With over 1,300 employees in international locations, over 250 employees and 40 partners dedicated to the financial services practice, EisnerAmper LLP has the breadth to handle global enga
