Solutions
Following a tumultuous week for the UK foreign exchange (FX) market in the wake of the Government’s mini budget announcement, London-based FX company Lumon, which specialises in international payments and foreign exchange risk management for private and corporate clients, is reporting a 30% increase in clients ‘forward buying’ currency.
This involves utilising long-term contracts that lock currency conversions away at today’s rate for payments in the future.
The rapid future-proofing pursued by both private and corporate clients comes after the British pound plummeted to record low levels earlier this week as a direct response to the planned tax cuts
Tradeweb Markets, a global operator of electronic marketplaces for rates, credit, equities and money markets, has partnered with S&P Global Market Intelligence to introduce electronic connectivity between primary and secondary markets.
The product scope currently includes European credit, covered, sovereign, supranational and agency (SSA) bonds.
Tradeweb’s integration of InvestorAccess, S&P Global Market Intelligence’s digital primary market platform, enables Tradeweb clients to electronically access new deals and manage orders in the primary market via the Tradeweb platform.
InvestorAccess addresses a number of challenges inherent to the issuance of new deals by automating what traditionally were manual processes for accessing deal
As part of its ongoing effort to professionalise the global alternative investment space, the Chartered Alternative Investment Analyst (CAIA) Association is now providing bundled access to its curriculum beginning with candidates planning to sit for the March 2023 CAIA exam.
Horizon Software (Horizon), a provider of electronic trading solutions and algorithmic technology, has opened a new Singapore office to support more sales in the region. Horizon already has five clients located in Singapore and the client base is witnessing significant growth across the APAC region.
The new office, located in One Raffles Place Mall, #02-01 Singapore 048616, will focus on better serving Horizon’s clients, supporting the growing traction in the regional market and increasing Horizon’s visibility in the area.
Horizon software believes it is ideally positioned to support local players and to bring larger scale project offerings for prospects in
JonesTrading Institutional Services (JonesTrading), a global banking and brokerage firm, has formed a strategic relationship with Boldwater Partners (Boldwater) to develop its capital introduction services offering.
SpiderRock Technology Services, an algorithmic execution and risk management technology provider to institutional trading clients, as well as agency broker-dealer and market data provider, has deployed the Eventus Validus platform for trade surveillance, initially for the firm’s client activity in futures and options on futures contracts.
SpiderRock serves large hedge funds, bank trading desks, proprietary trading firms and other institutional clients globally with its flagship equity and options offering and now growing futures business.
Eventus is a global provider of multi-asset class trade surveillance and market risk solutions. The Validus platform is designed to be easy to deploy, customise
Independent provider of fund and corporate services, the Aztec Group, has launched a streamlined due diligence and verification platform for its clients and their investors.
Aztec Verify brings together market-leading technology into one service, automating the due diligence process for a faster and more efficient experience while ensuring full regulatory compliance. As a result, Aztec Verify will make the onboarding process as seamless as possible for clients and investors.
The key benefits include: fast and efficient client due diligence approvals; access to data and documents on demand, available 24/7 through a secure portal; real-time updates for clients and investors on
LPA, a global capital markets software provider and advisory firm, has launched Contract Navigator, a new platform designed to fully automate and digitalise all content, agreements and processes for financial markets.
The platform is asset class agnostic and functions across corporate and commercial lending, OTC trading and clearing. Contract Navigator optimises and automates the processes and generation of content such as term sheets and trading agreements in line with the industry standards provided by ISDA, LMA, LSTA, GMRA, GMSLA or bespoke to a bank’s internal policies and requirements.
LPA’s Contract Navigator is unique in its ability to generate and
Storebrand Asset Management, a specialist in sustainable investments, has adopted Bloomberg’s cloud-based data science research platform, BQuant Enterprise, enabling multiple desks across the business, including fixed income, ESG and equities to create, test and further integrate actionable data/models into their front-office workflows.
Storebrand Asset Management has deployed BQuant Enterprise to get to market quickly with unique models for credit factor construction, equity strategy research, and portfolio construction, delivering the breadth of Bloomberg data, services, and toolboxes at their users’ fingertips.
Additionally, BQuant Enterprise is deployed for several ESG-focused functions. The BQuant Platform allows Storebrand Asset Management to further integrate
Tokeny, a Luxembourg-based tokenisation platform, has parthereadw with Ownera, provider of a global inter-trading network based on the open-source FinP2P protocol, to distribute tokenised assets over the Ownera FinP2P network.
The digital securities industry is growing fast but has lacked a common global distribution network for connecting issuers, investors, exchanges, and other market participants. As a result, the rate of institutional adoption and investor access to high-quality digital assets has been limited up until now.
Ownera brought the industry together to develop the FinP2P open-source routing protocol to solve this problem by orchestrating the instant exchange of digital assets held
