Solutions
Workflow efficiency is becoming increasingly challenging for hedge fund managers as they look to launch multiple fund structures. Managing multiple hedge funds as well as separately managed accounts often leads to multiple systems, data flow complexity and a web of counterparty relationships to make sense of.
There can be little room for error in today’s regulatory environment. As a result, managers are turning to solutions that can handle front to back trade cycles using one integrated solution to mitigate the risk of data discrepancies.
In a recently published case study, New York-based Liquid Holdings, a cloud-based technology platform supporting
Fuchs & Associés Group has been granted authorisation by the CSSF for Fuchs Asset Management SA, its Luxembourg-based super management company (Super ManCo).
Fuchs Asset Management SA, which was created on 10 June 2014, operates in accordance with Luxembourg’s laws on undertakings for collective investment schemes (UCITS) and the Alternative Investment Fund Managers Directive (AIFMD).
Fuchs Asset Management offers a wide range of services for investment funds within structures governed by the UCITS and AIFMD directives, including private equity and real estate funds, as well as structuring solutions, risk management and compliance and the relocation of funds. Fuchs Asset
UK currency manager C-View Limited has launched the C-View Stelrox Systematic Currency Program in conjunction with Stelrox Capital Management.
Alongside the launch, C-View has appointed Buford Scott, managing partner of Stelrox Capital Management, as the chief investment officer and portfolio manager of the C-View Stelrox Systematic Currency Strategy.
The programme is scheduled to begin trading in September 2014.
The Stelrox strategy is the culmination of Scott’s 28 years of trading experience, spent at JP Morgan, Merrill Lynch and Goldman Sachs. Prior to founding Stelrox, Scott was managing director at Standard Chartered Bank, where he founded and ran the
Object Trading has received certification of conformance to the IntercontinentalExchange (ICE) for UK derivative products and is ready to support clients through the trading access migration from NYSE Liffe to the ICE trading platform.
Clients will be able to continue trading without disruptions to their trading systems.
Following the ICE acquisition of NYSE Euronext, NYSE Liffe UK products will migrate to the ICE trading platform in multiple phases planned from 29 September through November 2014. Firms with internally maintained market access who are continuing to trade NYSE Liffe derivative products on the ICE platform would need to invest significant
The Chicago Board Options Exchange (CBOE) and C2 Options Exchange plan to list options on Alibaba Group on 29 September.
The plan is contingent on Alibaba meeting new options listing criteria.
Alibaba, founded in 1999, is the largest online and mobile commerce company in the world in terms of gross merchandise volume. The company provides the fundamental technology infrastructure and marketing reach for businesses using the Internet to establish an online presence and conduct commerce with consumers and other businesses.
CBOE and C2 will announce an official start date for Alibaba options when the OCC confirms CBOE's and
Guernsey’s financial services regulator approved 42 new investment funds during the second quarter of this year, bringing the total number of additions in the 12 months to the end of June to 131.
Figures from the Guernsey Financial Services Commission (GFSC) show that 33 new funds were approved during the third quarter of 2013 and 30 during the fourth, along with 26 during the first quarter of 2014 and 42 during the second quarter.
The GFSC approved two open-ended funds, 17 closed-ended funds and 23 non-Guernsey open-ended schemes between the start of April and the end of June. Taking
Indus Valley Partners (IVP) has extended its Managed Services offering to include regulatory filings for hedge funds, private equity funds and other alternative asset managers.
IVP RAPTOR is a regulatory technology solution supporting over USD375bn in regulatory assets under management. IVP Managed Services will use this technology for supporting the regulatory filings of its clients.
Coverage will include all major regulatory filings, including Form PF, 13F/D/G, CPO-PQR, CTA PR, Form ADV, Form 3, 4, 5, the upcoming AIFMD for Europe, EMIR, European Short Sale Reporting and TIC-B reporting.
IVP Managed Services uses IVP’s technology solutions as the backbone
LCH.Clearnet has completed its project to introduce the Calypso Collateral Management solution to its collateral and liquidity management offering.
With this development, LCH.Clearnet is able to deliver further processing efficiencies with automated, real-time collateral management operations.
The Calypso Collateral Management solution delivers three benefits:
§ Automated real-time management of liabilities
§ A consolidated view of member collateral assets facilitating a streamlined margin call process
§ Full support for cash management and treasury services
In implementing Calypso, LCH.Clearnet has replaced a vendor package in the front office and an in-house legacy platform in the back office. The Calypso
Eyemaxx Real Estate is issuing a corporate bond in the Entry Standard of the Frankfurt Stock Exchange.
The bond with the ISIN DE000A12T374 can be subscribed from 15 to 26 September 2014, subject to early termination of subscription.
It has an issue volume of up to EUR30 million, with a public offering and a swap offer for owners of the previous 7.875 Eyemaxx-III-bond of up to EUR15 million each.
The corporate bond runs until March 2020 and has a coupon rate of eight per cent. Its nominal denomination is EUR1,000. 


Trading is planned to commence on 30
BATS Chi-X Europe and BX Swiss have entered into a partnership agreement designed to bring greater competition and enhanced market efficiencies to the Swiss equities market.
The partnership comprises two key elements:
· Cross-listings for ETFs: Under FINMA regulations, ETF issuers wishing to market to Swiss investors must list their funds on a Swiss exchange. By operating a cross-listing partnership, BATS and BX will streamline the process, making it quicker and cheaper to list pan-European ETFs.
· Trade reporting: BX has approved BATS’ registration as a Swiss Trade Data Monitor (TDM). As a result, non-Swiss domiciled firms will now have
