Solutions
KNEIP, a service provider for the fund industry, has partnered with AssetLogic to launch the Fund Information Network.
Fund data management is ultimately the responsibility of the asset manager. For over 20 years, KNEIP has helped asset managers and administrators manage their fund data and documents to regulators, distribution networks, data vendors, platforms, and investors. But getting accurate data upstream within the asset manager’s ecosystem remains a challenge.
The Fund Information Network is an infrastructure that allows firms to share their fund data without replication. Instead of relying on emailing spreadsheets, which can result in errors and security breaches,
The US Commodity Futures Trading Commission (CFTC) has submitted for publication in the Federal Register a 30-day extension of the comment period for two rulemakings.
The rulemakings are:
A proposal to establish speculative position limits for 28 exempt and agricultural commodity futures and options contracts and the physical commodity swaps that are economically equivalent to such contracts; and
A proposal to amend existing regulations setting out the Commission’s policy for aggregation under its position limits regime.
The position limits proposal was originally published in the Federal Register on 2 December 2013, and the aggregation proposal was originally
Omgeo ProtoColl, Omgeo’s automated collateral and margin management solution, is offering a standard interface to The Depository Trust & Clearing Corporation (DTCC) Global Trade Repository (GTR).
ProtoColl clients can leverage the new interface to meet the upcoming European Market Infrastructure Regulation (EMIR) requirement for collateral reporting.
EMIR entered into force on 15 March 2013 and introduced a range of changes to the derivatives market including central clearing mandates, increased margin and collateral requirements for OTC derivatives transactions as well as trade reporting of over the counter and exchange traded derivatives. Trade reporting requirements became mandatory on 12 February 2014
Quincy Data has expanded the Quincy Extreme Data service, adding select equity and energy futures sourced at 350 E Cermak and select cash treasuries sourced in Carteret and distributed at the lowest known latencies.
Quincy now distributes data from eight exchanges to major trading centres in Illinois, New Jersey, the UK and Frankfurt.
“Providing the fastest market data as a service – from an independent provider – lowers barriers to entry and enhances competition for all market participants,” says co-founder Stephane Tyc. “It is of little wonder why microwave data continues to penetrate into the mainstream of electronic trading.”
Indus Valley Partners (IVP), has launched IVP Thesis, allowing alternative asset managers and research analysts to manage their investment thesis and price targets from within their existing email system.
Using natural language processing algorithms, IVP Thesis can take price targets and commentary sent by email, notify and update multiple portfolio managers in real-time and automatically append investment lists without any further manual intervention.
By sending an email to the IVP Thesis service it will extract the targeted data and distribute updated investment lists to a specific mail group.
Simultaneously, the service will automatically keep a complete time series
Castle Hall Alternatives has launched OpsDiligence, an online platform allowing investors to build due diligence programmes across all asset classes, including hedge fund, private equity and long only portfolios.
“OpsDiligence offers a new solution to the challenges of investor due diligence,” says Chris Addy, Castle Hall’s president and chief executive. “As the operational due diligence process has matured, investors now require a flexible, risk based approach, coverage across all holdings, irrespective of asset class, and a far more sophisticated technology platform. OpsDiligence delivers across all these criteria.”
The foundation of OpsDiligence is OpsData. Castle Hall populates the OpsData online
Societe Generale Securities Services (SGSS) has launched a trade repository reporting offer for OTC derivatives, servicing multi-counterparties and multi-asset classes, under the European Markets Infrastructure Regulation (EMIR).
The new regulation requires that all EU counterparties report their derivative contracts, whether OTC or exchange-traded, to a trade repository in order to provide transparency in the derivatives markets.
As required by the European Securities and Markets Authority (ESMA), SGSS has designed its trade repository reporting service to support OTC derivatives users in the EU through the entire trading process. SGSS reports details for derivatives transactions to DTCC Derivatives Repository Ltd on
The first electronically-traded and JSCC-cleared yen swap transaction by a Japanese bank has been executed by Tradeweb.
Bank of Tokyo-Mitsubishi UFJ Limited traded with Deutsche Bank and used the Tradeweb “intention to clear” facility to indicate that it would send the trade to the Japan Securities Clearing Corporation (JSCC) for clearing.
Although electronic trading of yen swaps is not expected to be mandated in Japan until September 2015, institutional investors are starting to get ready for the implementation of these rules.
To help its clients meet existing clearing rules and prepare for future e-trading requirements, Tradeweb provides a
Portfolio analytics and intelligence platform Novus has partnered with Thalia, a provider of hedge fund investment solutions based in Switzerland with USD1.8 billion in assets under management and advisory.
Transparency within hedge funds has significantly increased since the financial crisis, with approximately 70 per cent of hedge funds reporting exposures and attribution along several key categories and many more aggregating portfolio statistics on a monthly basis. In addition, 20 per cent of funds go as far as reporting position-level information to their investors on a monthly basis.
Unlike traditional performance management systems, Novus gives investors the ability to analyse
Clients of self-directed retirement plan administration company Vantage can now access FNEX.com to source, review and invest their funds in a wide variety of alternative investments.
Launched in September 2013, FNEX.com is a web-based platform that provides accredited investors, investment advisors, family offices and institutions access to private investment opportunities offered by investment banks and funds across the US.
The distribution platform lists offerings and provides investors with the necessary tools to educate themselves on alternative investment opportunities.
“We remain laser focused on building a dynamic platform that offers strategic ways for accredited investors to diversify their portfolios
