Solutions
SEI’s Lori White explains how social media platforms such as Twitter and LinkedIn can help investment managers market their business.
The rise of social media platforms like LinkedIn and Twitter has been unprecedented over the last couple of years. LinkedIn now has some 313 million users and in Q2 2014 its revenues rose by 47 per cent to USD534m reported the Wall Street Journal on 31 July 2014.
McKinsey estimates that there is a GBP772bn opportunity for business to use social media.
All of us use social media in one form or another but when it comes to applying it
Global funds transaction network Calastone has appointed Cris Conde as the firm’s new Chairman of the Board.
Conde will be taking up his post with immediate effect working closely alongside Julien Hammerson, the CEO, to continue the growth trajectory of the business.
Late last year, Conde took up a seat on the Calastone board as a non-executive director, and invested in the privately held business.
Having spent 28 years at SunGard, Conde has a formidable track record of accelerating the growth of financial technology companies. It started in 1983, when Conde co-founded a financial technology software business, Devon Systems, serving
Irish start-up, Fund Recs, a developer of cloud-based reconciliation software to global fund administrators to to provide trade processing solutions for Capita Asset Services fund business in Ireland.
Fund Recs software will be used to automatically capture trades from Fund Managers and post them to Capita’s internal fund accounting system.
Fund Recs was founded in 2013 to provide reconciliation software to global fund administrators. Its software allows companies automate the reconciliation of Cash, Position and FX holdings on the funds they administer thereby removing the operational risk of manual mistakes. Fund Recs also provides a manager dashboard giving a
SAM, the alternative asset manager launched by Lord Stanley Fink in 2008, has launched IS Prime, a new foreign exchange brokerage service.
IS Prime will only target institutional investors – retail brokers, asset managers, regional banks, hedge funds and family offices – with a range of services including traditional and non-traditional liquidity, prime of prime brokerage and access to risk management solutions. The firm will provide uniquely flexible solutions which will be tailored to each individual client’s needs.
The business will be led by Jonathan Brewer and Raj Sitlani, Managing Partners, who have over 37 years’ combined brokerage experience
Deutsche Börse Market Data + Services will now disseminate and be the exclusive licensor of real-time market data for key commodity derivatives products traded on Cleartrade Exchange.
Cleartrade Exchange (CLTX) is a Singaporean regulated futures market for the global commodity derivatives marketplace.
“This new market data partnership provides CLTX with access to our extensive data distribution and licensing network comprising more than 480 market data vendors,” says Georg Gross, head of information, Market Data + Services, Deutsche Börse. “At the same time it will become easier for our clients to use key derivatives data from the fast-growing regulated commodity
Varonis Systems is to supply Abacus Group, a provider of hosted IT solutions for hedge funds and private equity funds, with a platform to monitor, manage and capture unstructured data in the Abacus private cloud.
Through this new relationship Abacus clients will have access to enhanced reporting capabilities and greater visibility into their IT infrastructure as required by global regulators and investors.
Changes in regulatory compliance are driving a demand in the financial markets for better reporting and oversight. The Securities and Exchange Commission’s (SEC’s) Office of Compliance Inspections and Examinations (OCIE) has recently issued a Risk Alert on
Eze Software Group has released a new version of RealTick EMS, its multi-broker, cross-asset electronic execution platform.
Version 11.3 provides enhanced execution management workflow and new trade performance capabilities.
RealTick EMS 11.3 delivers an advanced feature set that enables quicker, more flexible workflows, delivered through its existing SaaS offering. New features introduced for futures and options spreads provides users with even more control of their orders. Enhanced spreads trading, combined with a configurable front-end, further automates workflows so they can take advantage of hedge opportunities quickly and more efficiently. Users also have the ability to combine futures legs to
A technical showcase of Guernsey’s funds offering and how the island is positioning itself amid the latest regulatory pressures will be the focus of a funds masterclass in London at the start of next year.
The event, which takes place at the British Museum on 28 January, features a panel debate comprising leading figures from Guernsey’s funds community and the UK marketplace. Their discussion will examine how regulation such as the Alternative Investment Fund Managers Directive (AIFMD), Markets in Financial Instruments Directive (MiFID) II, Foreign Account Tax Compliance Act (FATCA), Common Reporting Standards (CRS) and Base Erosion and Profit Sharing
US futures exchange volumes increased sharply in September 2014, bringing year-to-date volume to 2.3 billion contracts, according to TABB Group.
However, the year-to-date total is 2.5 per cent lower than the same period a year earlier.
During Q3 2014, interest rate volumes reflected interest rate policy changes and uncertainty over Federal Reserve policy, with record volumes on days like Oct ober 15 reported by major US derivatives exchanges.
CFTC-reporting Futures Commission Merchants (FCMs) continue to decline (-11 firms YTD). The futures brokerage market share remains concentrated as revenue opportunities continue to receive mixed signals.
TABB Group’s US
Taiwanese distributor, Yuanta Securities has become the first securities firm in Taiwan to adopt automation by going live on the Calastone global transaction network.
Yuanta Securities is the largest securities firm in terms of market share in Taiwan, and the 13th fund distributor to select Calastone for their offshore funds transmission via the Taiwan Depository & Clearing Corporation (TDCC) fund automation service.
The TDCC fund automation service has until now been used mainly by bank distributors. The addition of Yuanta Securities as the first securities broker provides further evidence of the universal application of the TDCC model, which allows
