Solutions
“The analogy I like to use is the Rubik’s Cube with all the colours mixed up. What we do is take clients through the process of realigning all their data – getting the colours of each block to match – to transform their data infrastructure,” says David van Rooyen, one of the founders of London-based Pomerol Partners.
Pomerol Partners is a business intelligence consultancy that specialises in advanced data visualisations. The firm builds business toolsets – dashboards – to help senior executives make more informed decisions. That sounds straightforward but within the financial services industry, particularly global investment banks, such
“We’ve risen to the challenge to offer a truly integrated risk management approach with APT Enterprise,” comments Laurence Wormald, COO and head of research, SunGard APT, adding:
“When you have different systems and you’re trying to estimate a VaR number by combining one number from the equity desk with another number from the rates or credit desk, that is a discredited model. During the financial crisis, too many firms discovered how dangerous it was to do that.”
APT Enterprise launching on 22 September 2014 around a series of seminars entitled “The Challenges of Integrated Risk Management”. It uses the
ParFX, the wholesale global spot FX electronic trading platform, has completed the first trades via ParFX Prime, its new prime brokerage service for the buy-side FX community.
ParFX Prime was launched to enable buy-side customers to trade through their prime broker on a post-trade disclosed basis, alongside the growing community of banks already trading on the platform.
The first successful trades were completed on 28 August by London-based GSA Capital and New-York-based Virtu Financial. Prime banks live at the launch of the service include Citi and Deutsche Bank.
ParFX Prime is delivers full trade transparency, with executing broker,
Financial software provider Misys has launched Misys Connect, a suite of programmes giving customers direct access and links to the cross-functional teams and expertise they need.
Each category contains three value-added programmes which help clients derive the most benefit from Misys.
1. Strategic Advantage: Providing clients with access to the people, resources and capabilities necessary to help achieve growth and achieve competitive advantage.
2. Technological Edge: Ensuring Misys’ software products match customers’ business needs and that Misys delivers new, genuinely innovative customer-centric products and services.
3. Accelerated Deployment: Delivering the services required to ensure rapid deployment, fast
HedgeZ has launched a fund visibility and investor introduction programme for hedge funds, private equity funds and commodity trading advisers.
Coinciding with its one year anniversary, HedgeZ has completely redesigned its site with enhancements for both accredited investors and participating hedge funds.
HedgeZ was originally launched in September 2013 coinciding with the adoption of Title II of the JOBS Act, which for the first time allowed hedge funds to advertise to accredited investors.
Over 50,000 unique accredited investors have already visited HedgeZ, searching for hedge funds and other investments. Over 20,000 of these visitors have registered (registration for
Hong Kong Exchanges and Clearing Limited (HKEx) and the London Metal Exchange (LME) hosted a seminar in Tokyo on Wednesday to update participants on the LME’s markets.
The theme of the seminar was the metals marketplace.
The event included a speech by HKEx’s global markets co-head and LME chief executive Garry Jones on the evolution of the LME, as well as three panel discussions. There were also speeches by Tatsuya Terazawa, a director-general of the Ministry of Economy, Trade and Industry of Japan (METI), and Takamichi Hamada, executive vice president and chief operating officer of the Tokyo Commodity Exchange
Fixed income asset administrative and middle-office services and data provider Virtus Partners is teaming up with VPM, SunGard’s asset management business, to offer an integrated bank debt service.
Scott Alintoff, chief operating officer of VPM, says: “An end-to-end loan administration, accounting and reporting solution for bank debt management is key to overcoming the bank debt complexity hurdle.”
The new offering is designed to increase operational efficiency by reducing manual input and streamline operationally onerous bank loan processing.
Virtus’s global load data feed will fully integrate with VPM.
Edward Metz, chief strategy officer, Virtus Partners, says: “At Virtus,
Broadridge Financial Solutions has launched Broadridge Investment Management Solutions (IMS) Performance Reporting, exclusively designed for institutional asset managers.
Asset managers can have access to performance and attribution as part of an integrated suite that includes order management, portfolio management, risk reporting and a data warehouse.
Broadridge Performance Reporting allows investment managers to receive daily performance calculations that are customisable to their needs. Powered by BI-SAM's B-One performance calculation engine and underpinned by Broadridge's investment management technology, the solution provides complete performance reporting and absolute attribution analysis across multiple asset classes and dimensions of the business, including true time-weighted returns
Technology spend, historically speaking, has never been top of a hedge fund manager’s wish list. There has been a touch of haughtiness, a feeling that technology providers are useful but not vital. But it’s fair to say that regulation is creating a shake-up among managers.
Whether its AIFMD or EMIR trade reporting in Europe, CPO-PQR and Form PF in the US, FATCA, today’s reality is that managers have to be more operationally robust and compliant than ever before. This has led to a big push in outsourcing middle and back office functionality to service providers as managers seek to reduce
Global funds transaction network Calastone has been listed at number 42 in the Sunday Times Hiscox Tech Track 100, published on 7 September.
The Hiscox Tech Track 100 league table ranks Britain's 100 private tech (TMT) companies with the fastest-growing sales over the latest three years.
Tech Track 100 is compiled by Fast Track and published in The Sunday Times each September, with an awards event in November and regional dinners throughout the year.
Julien Hammerson, CEO of Calastone, says: “We are honoured to have been listed in the Tech Track 100 ranking. As a technology firm, we are
