Solutions
ConvergEx Group’s Westminster Research Associates has released a new Commission Management Platform with enhanced navigation, usability and design features.
“We are pleased to provide our clients with a powerful new web-based solution to manage their CSA business,” says Dan Sheehan, head of operations for Westminster. “Many of the features incorporated into our new offering have been driven by client demand and the need to have more robust workflow controls in place.”
In addition to improving the look, feel and overall ease of use of Westminster’s patented CSA platform, a number of workflow and efficiency improvements have been added including:
NTT Data and Lombard Risk Management have teamed up to offer a globally-scalable collateral management solution.
Lombard Risk's COLLINE collateral, clearing and optimisation solution combines with NTT Data's knowledge of country-specific regulatory environments, business and operational expertise, and cost-effective global delivery to provide customers with a solution that increases the efficiency of their collateral operations.
While fundamental reform of derivatives and secured lending markets in the aftermath of the 2008 financial crisis has rested on the efficient exchange of collateral as a key to counterparty credit risk mitigation, collateral management represents an ongoing challenge for most Financial Services
Conifer Financial Services is the latest addition to the partner list of AltX, a cloud-based data analytic network which combines financial analytics with behavioural dimensions.
AltX helps investors and funds discover one another, by creating new ways to view and evaluate investment opportunities and gather better insights.
Conifer, an independent asset services firm, has over 200 clients worldwide, representing more than USD100 billion in combined assets under administration (AUA). The firm has broad experience offering front-to-back capabilities across all asset classes for hedge funds, pensions, endowments, foundations, funds-of-funds, family offices, private equity and venture capital.
Conifer president and
Pacific Fund Systems (PFS) has delivered an automated AIFMD Annex IV reporting solution in the latest release of its PFS-PAXUS fund accounting and share registry software platform.
The solution, which is fully integrated into PFS-PAXUS, facilitates the automated generation of an XML file in ESMA format for submission to local regulatory authorities.
This new reporting capability adds to the existing suite of regulatory reporting functionality in PFS-PAXUS.
James Eldershaw, a director of PFS, says: “After consultation with a number of our clients we learnt that they are being approached by their fund manager clients to aggregate and compile
BATS Chi-X Europe (BATS) is to offer trading in Turkey’s most liquid stocks from 3 November 2014.
The addition of BIST30 index names means that BATS will now offer trading across 16 of Europe’s most liquid and active markets.
The move follows significant customer demand to trade Turkish securities – the market is one of the fastest growing in Europe with EUR319bn traded in 2013 – on a low-cost, efficient pan-European exchange. Furthermore, new capital markets legislation in the country should increase competition among trading venues.
Mark Hemsley, CEO of BATS Chi-X Europe, says: “We make it possible
A new white paper by New York-based Liquid Holdings Group Inc addresses the very real issue of credibility that hedge fund managers face in today’s crowded market.
Entitled Driving Hedge Fund Growth & Institutional Credibility: An Introduction to the 5 Ss of SaaS, the white paper details five key elements of a vertical SaaS solution managers should be mindful of when trying to build institutional credibility, both with service providers and investors.
Today’s environment is unforgiving for those managers who fail to demonstrate an ability to foster closer collaboration with institutional investors. Managers need a level of sophistication
Eight months after the launch of the reporting duty for exchange traded derivatives (ETD) and over-the-counter (OTC), over one billion transactions have been processed by REGIS-TR, the European trade repository owned by Clearstream (Deutsche Börse Group) and Iberclear (BME).
Elena Carnicero, chief executive officer of REGIS-TR, says: “The one billion transactions that we have processed are a significant milestone that proves that REGIS-TR has become the European hub for the derivatives transaction reporting. Today, REGIS-TR has approximately 1,000 customers and in September it received more than 200 million transaction reports. Processing has been smooth and without failure, which shows how
Preqin looks in detail at investors’ allocations to real estate to assess how they are changing, and how, in light of current investor sentiment, these allocations may be impacted in the coming years.
Institutional confidence in real estate has increased significantly in 2014. The Preqin Investor Outlook: Real Estate, H2 2014, Preqin’s most recent study of institutional investors in real estate, demonstrates that many investors plan to increase their allocations over the longer term as a result of increasing satisfaction with returns.
Allocations
Investors’ average current and target real estate allocations have slowly increased, with the average current allocation increasing from 6.7% of total assets under management
The Isle of Man Funds Association, in partnership with the Isle of Man Government’s Department of Economic Development, is to sponsor the Hedge Fund Start-up Forum.
As part of their support for the event which targets new ‘start-up’ investment funds and fund managers and is being held in Zurich on 22 October 2014, Paul Kneen, chairman of the Isle of Man Funds Association and chief executive officer of leading fund administration specialists, the Abacus Financial Services Group, will join other industry professionals as a panel speaker during the first session, ‘Launching a new Hedge Fund: Refining a Strategy and Raising
The Depository Trust and Clearing Corporation (DTCC), in collaboration with the financial services industry, has formed an industry steering committee to drive the implantation of two-day settlement cycle (T+2) in the US.
DTCC has teamed up with an industry working group to facilitate the move to shorten the settlement cycle in the US for trades in equities, corporate and municipal bonds, and unit investment trusts (UITs).
The move from the current three-day settlement cycle (T+3) to a T+2 cycle will reduce operational and systemic risk by limiting exposure and creating greater efficiencies in trade processing.
Co-chaired by Kathleen
