Solutions
Vichara Technologies, a provider of valuation and risk management solutions for structured finance, has integrated its V* CLO solution with Markit’s pricing services.
The collaboration between Vichara and Markit will allow mutual clients to access Markit’s pricing service within Vichara’s platform.
Markit will provide daily pricing feeds for leveraged loans, corporate bonds, CLOs and loan mapping services within the V* CLO framework for immediate data access.
The V* platform allows for forecasting, valuation and analysis of CLOs, CBOs, CDOs and other corporate-credit-linked securitizations to improve investors’ decision support, risk management, surveillance, and accounting procedures.
“Markit’s bond and
TAIFEX, the Taiwan Futures Exchange, and Eurex Exchange, the international derivatives marketplace and part of Deutsche Börse Group, plan to launch the Eurex/TAIFEX Link on 15 May 2014.
With this link, Eurex Exchange will list TAIEX futures and options as daily expiring futures on Eurex Exchange. Derivatives on the TAIEX index are one of the most heavily traded Asian equity index contracts.
The cooperation has also been approved by Taiwan’s regulator Financial Supervisory Commission.
Dr. Fan, chairman of TAIFEX, says: “We are excited about our tie-up with Eurex and the launch of the Eurex/TAIFEX Link, which enables global
GMEX Technologies has launched Global Reporting Company Limited (GRC) in partnership with Paris based regulatory and market infrastructure advisory firm CoDiese.
GRC offers firms an end-to-end solution to address regulatory trade reporting requirements imposed by G20-led reforms to the derivatives markets with a focus on corporate and buy side client needs.
These reforms are being enacted in Europe through the European Market Infrastructure Regulation (EMIR) and come into force on 12 February 2014. They will require the mandatory reporting of both listed and OTC derivatives trades and apply to all types of market participants including corporate entities and investment
BNY Mellon is enhancing its AccessEdge portal via a new link with Bloomberg to help clients further optimise their collateral management.
BNY Mellon’s AccessEdge portal connects dealers with investors, enabling real-time collateral transfers for repurchase agreements (repos), securities lending, over-the-counter (OTC), central counterparty (CCP) and other collateralised transactions in a secure and efficient environment.
The connectivity allows collateral receivers and providers to instruct collateral trades from the Bloomberg Professional service. By leveraging Bloomberg's straight-through processing (STP) services, AccessEdge enables clients to consolidate multiple deal confirmations into a single group instruction to facilitate greater post-trade efficiencies. The link will only
By James Williams – Given that around 90% of the hedge fund industry is dominated by smaller managers running between USD100milllion and USD1.5billion in AuM it is perhaps little surprise that smaller, boutique prime brokerage firms are holding their own against bulge bracket prime brokerages owned by European and US banks.
Banks are now under enormous pressure to strengthen their balance sheets under Basel III. As a result, their prime brokerage divisions are becoming ever more ruthless in terms of the size and quality of hedge fund managers they are willing to support. This is opening up a huge opportunity
French bank Societe Generale announced in early November that it was buying the 50 per cent stake held by Credit Agricole in leading derivatives broker Newedge and in doing so assume full control. Subject to regulatory approval the deal is expected to be completed before the end of 2013 and will, according to Duncan Crawford (pictured), Global Co-Head of Alternative Investment Solutions, Prime Clearing Services, be highly advantageous as Newedge looks to diversify its offering.
“Newedge is well known for supporting managers in the managed futures space but it’s by no means the only space we cover. Prior to 2008,
“As we’ve matured and the industry’s needs have grown, we’ve continued to make investments aimed at providing solutions to emerging and more established managers as opposed to solely supporting the start-up market,” explains Jack Seibald (pictured), managing member at Concept Capital Markets LLC. “Start-up managers remain a core pillar of our business. However, given the increasing regulatory requirements and the demands for greater transparency by investors a lot of the solutions we’ve built answer the needs of managers who might otherwise not have thought of us.”
The clearing and custodial relationships Concept Capital has with JP Morgan, Pershing/BNY Mellon, and
For Liquid Holdings Group, a comprehensive technology and services firm that focuses on supporting small- to mid-sized hedge funds, the time has never been better to redefine the ‘mini-prime’ model with a stable environment for managers to generate investor and operational alpha.
Whereas mini-primes focus mainly on execution services, Liquid Holdings leads the discussion with its highly flexible platform, which supports managers beyond mere trade execution. The Liquid platform is cloud-based and combines managed back-office services with mission critical capabilities across order, execution, and risk management as well as portfolio management, compliance, investor reporting, and shadow NAV.
“This is
By Marianne Scordel – A year ago, we explored what hedge fund investors might be looking to buy during the following twelve months, what their attitude towards managers at the smaller end of the spectrum was, and what investment strategies appealed the most.
This year, Bougeville Consulting and Global Prime Partners decided to team up in this survey produced for Hedgeweek to try and understand what has changed, whether plans have come to fruition, and what, in the light of recent events and as a result of more structural factors, would determine investors’ appetite towards emerging managers in the near future.
For award-winning boutique prime brokerage Global Prime Partners this year has seen the firm go from strength to strength, laying further foundations to their reputation as one of the hedge fund industry’s ‘go to’ service providers to small and medium sized hedge funds.
“It’s been an incredible year for us,” enthuses Kevin LoPrimo (pictured), Global Head of Hedge Fund Services at GPP. “Even before mid-2013 we had equaled all of last year’s revenue.”
Part of the reason behind GPP’s success is the quality of partnerships it is building within the marketplace. With counterparty risk high on the agendas of
