Solutions
C&A Consulting has launched Managed Technology Services (MTS) to provide managed outsourced technology infrastructure services to emerging and established hedge funds and financial services firms.
“At C&A we have proven experience in finance, operations, compliance and technology,” says Noland Cheng, managing partner of C&A Consulting. “Our new Managed Technology Services are tailored for each client and provide a cost-effective solution to solving critical business issues while significantly boosting operational efficiency throughout the organisation.”
C&A Consulting’s MTS differs from those of most technology services companies. While most vendors attempt to fit clients into their technology offerings, C&A manages technology based
SunGard has the launched Hedge360 Risk Reporting Service, providing hedge funds with independently validated data and analytics to help meet investor demand for due diligence and risk management.
Delivered as a managed service and fully hosted, Hedge360 Risk Reporting Service provides macro-scenario analysis and stress testing enabling hedge funds to build and maintain the institutional credibility they need to raise assets and achieve growth.
The new service will help hedge funds gain a competitive advantage by ensuring an independent view of risk through increased monitoring of multi asset classes and instruments, improved data management and more accurate modelling of
Charles River has enhanced electronic trading support for swap instruments by integrating workflows from Swap Execution Facilities (SEF) in the Charles River Investment Management Solution (IMS).
This integration helps clients comply with mandatory Dodd-Frank requirements to trade eligible OTC derivatives on SEFs.
Charles River recently completed its first client SEF trade with Tradeweb.
Charles River IMS streamlines SEF trading by supporting pre-trade allocations, execution and clearing. Clients can raise orders for interest rate and credit default index swaps and send them directly from the Charles River IMS blotter to SEFs for execution.
“We’ll continue to expand our
Global financial brokerage business ED&F Man Capital Markets has launched a Hosting & Infrastructure Services offering.
The service is built around six key features:
1.Solutions: Connectivity, hosting, network and infrastructure services
2.Security: IT services – secure data on a private global network, monitored and supported 24 hours a day by the firm’s network operations centre
3.Services: IT aligned with the firm’s integrated financial services team
4.Speed: Co-location of services, low-latency connectivity and Direct Market Access to an array of financial exchanges
5.Skills: Top industry talent with expertise and experience gained from supporting large, complex and diverse trading communities spread across multiple asset classes
The Michael Lewis PR machine hit London last week, leaving a trail of obfuscation in its wake. According to TABB Group Europe’s senior research analyst Rebecca Healey, Lewis describes a buy side unaware of what’s happening in the market. However, this hapless bunch of individuals he portrays is not representative of the industry…
The European Energy Exchange (EEX) is to start an initiative to relaunch its coal market.
The initiative will focus on Trade Registration which means the registration of OTC trades for clearing.
EEX has attracted several well-known brokers that support the Trade Registration offer.
As of 21 May 2014, GFI Securities Limited, Spectron Energy Services Ltd (part of Marex Spectron Group), Tradition Dubai Limited and Tullett Prebon (Europe) will offer the EEX coal products on their platforms. From this day onwards, an exemption from fees will apply to the registration of these transactions on EEX for clearing via European
In April the international derivatives exchanges of Eurex Group recorded an average daily volume of 8.7 million contracts, down from 9.8 million contracts in April 2013.
Of those, 6.1 million were Eurex Exchange contracts (April 2013: 7.1 million), and 2.6 million contracts (April 2013: 2.7 million) were traded at the US-based International Securities Exchange (ISE).
In total, 177.2 million contracts were traded, thereof 122.2 million at Eurex Exchange and 54.9 million at the ISE.
In its largest segment – equity index derivatives – Eurex Exchange achieved 47.6 million contracts (April 2013: 54.3 million). Futures on the EURO STOXX
April 2014 average daily volume (ADV) and total monthly volume in futures on the CBOE Volatility Index (VIX Index) and total exchange-wide at CFE were down slightly from year ago levels.
Average daily volume in VIX futures was 178,167 contracts during April, a four-per cent decrease from April 2013 and a three-per cent decrease from March. April total trading volume in VIX futures was 3.74 million contracts, an eight-per cent decrease from April 2013 and a three-per cent decrease from March. Year-to-date, VIX futures total volume of 16.12 million contracts and ADV of 196,565 contracts per day are both ahead
SVM Asset Management has chosen Calastone to manage its order routing service and to provide its electronic, interoperable re-registration solution.
Calastone’s provision of an order routing service for SVM will reduce the complexity and number of links in the funds processing chain, resulting in greater operational and cost efficiency, and enhanced risk management for SVM.
The Calastone Execution Management System (EMS), a web-enabled user interface providing access to the network, will help SVM monitor and manage transactions in real-time.
Calastone has also been selected by SVM to supply an automated re-registration solution. FCA regulation has seen a market
Eurex Exchange is to list index futures based on the TA-25, Israel’s blue chip index, as of 9 June 2014.
The TA-25 index is one of the most heavily traded regional equity indexes.
Eurex Exchange’s TA-25 index futures will be denominated in US dollars.
Yossi Beinart, chief executive of Tel-Aviv Stock Exchange (TASE), says: “I am very pleased that our cooperation has already come to fruition, ushering in a new product which opens up exciting opportunities to invest in the TA-25 index and develop new trading and hedging strategies. The Israeli economy is recognised worldwide as one of
