Solutions
Eze Castle Integration is expanding its collaboration with SunGard to provide the global hedge fund industry greater access to trading counterparties.
UK-based firms will now have direct access to the SunGard Global Network (SGN) which connects with 150 trading venues worldwide from Eze Castle Integration’s ECI Link Private Network, the communications gateway for more than 500 buy-side firms.
By expanding its trading connectivity to include both the US and the UK, Eze Castle Integration can meet the growing demand for FIX services that help facilitate domestic and cross-border trading.
Eze Castle Integration’s ECI Link provides clients with streamlined
Monday 28 April saw CME Group open the doors to its new London-based exchange: CME Europe. In conjunction with CME Clearing Europe, European traders are set to benefit from improved portfolio margining efficiencies by availing of the same clearing and exchange infrastructure that has served CME Group so well from its headquarters in Chicago.
“Customers understand that their world is changing, not because of the clearing mandate under Dodd-Frank or EMIR but because the capital charges associated with bilateral OTC transactions are becoming much more expensive. Over the last three years we’ve seen a steady shift in clients adding exchange-listed
The testing of technology infrastructure relied upon by financial services firms to carry out their day-to-day operations is insufficient to protect against failure.
That’s according to a survey undertaken by SunGard Consulting Services.
The smooth implementation of upgrades or new technology is crucial in helping ensure that financial services firms can offer new or improved products and services to their customers and retain a competitive advantage. Failure to properly test technology, however, can result in outages and downtime that may lose the firm business and cause reputational damage.
While testing is crucial to maintaining performance, satisfying customers and
HedgeGuard, a hedge fund, family office and asset management technology provider headquartered in Paris, has opened a Dublin office following a London launch in January.
The Dublin office, located in the Silicon Docks area, will be headed up by Loïc Baumann, HedgeGuard’s chief technical officer, who is relocating to Dublin from Paris.
Baumann has a strong background in financial technology and is a Software Architect and a Microsoft Development Technologies specialist having received an MVP award earlier in his career with Microsoft.
Imad Warde, CEO and founder of HedgeGuard, says: “Ireland, and especially Dublin’s Silicon docks, is a natural next
Volant Trading has expanded execution services for options traders with advanced order routing capabilities and availability through the REDIPlus Execution Management System.
The execution services division of Volant Trading, now called VOLEX Execution Services, is using specialised knowledge of the options market along with an ultra-low latency infrastructure to offer a high-speed liquidity sweep capability.
Designed for option traders, VOLEX Take Out aggressively sweeps displayed and hidden liquidity, with sub-millisecond order processing times. VOLEX and VOLEX Take Out are now available through the REDIPlus EMS platform.
“The options market microstructure is evolving quickly with 12 exchanges introducing different
Cordium, a provider of compliance consulting, accounting, tax and software, is partnering with financial services technology specialist Indus Valley Partners (IVP) to help clients meet the Alternative Investment Fund Managers Directive’s (AIFMD) stringent Annex IV reporting requirements.
The solution already fully covers Form PF reporting.
The reporting solution enables investment managers to meet their global regulatory reporting needs from a purpose-built cloud platform and fully supports Annex IV reporting under AIFMD, as well as Form PF.
Alternative investment fund managers (AIFMs) that manage or market an AIF into the European Union or EEA will be obliged to
The Depository Trust & Clearing Corporation (DTCC) has released a white paper outlining the rationale for supporting a move to shorten the settlement cycle (SSC) in the US financial markets for equities, corporate and municipal bonds and unit investment trust (UIT) trades.
DTCC’s view is that shortening the time period between trade execution and settling payment for US cash securities transactions protects the financial markets by reducing credit and liquidity risks to both the industry and the individual investor.
Currently, the securities industry completes settlement for trades in equities and certain debt securities on the third day after a
ACE IT Solutions has partnered with IBM to provide security services that help hedge funds mitigate cyber security risks and meet SEC mandates.
The SEC has just issued a risk alert detailing its plans to examine financial firms' cyber security preparedness.
According to IBM's 2014 IBM X-Force Threat Intelligence Quarterly, the financial services industry offers hackers significant potential payoff, accounting for over 20 per cent of all security incidents. A hacker attack could be devastating to a fund and investors will be wary of doing businesses with a fund that has experienced a security breach.
The accuracy of identifying threats
Forex signals provider iFexx has launched an algorithmic investment programme (AIP) for auto forex trading.
It aims to help small investors implement a high-frequency trading strategy on their Forex account.
HFT, or high-frequency trading, is a special class of algorithmic trading, which is used by investment banks and institutional traders, recording high profits in different market conditions.
HFT allocates total portfolio risk into small orders in a diversified basket, in order to hedge risk and market impact. The technology is capable of analysing multiple strategies on a variety of charts and executing pre-programmed orders simultaneously.
“Small traders
The use of social media has increased significantly within the hedge fund industry over the past couple of years, according to a paper from Agecroft Partners.
Social media is broadly used by investors as part of their due diligence process on hedge funds, by service providers in their sales efforts to hedge funds, and by hedge funds to enhance their marketing strategy, investment research, and the overall quality of their firm.
Agecroft Partners has identified trends regarding the increased use of social media by hedge funds to enhance their marketing campaigns.
By far and away the most used social media
