Solutions
PerTrac, a provider of analytics, reporting and communications software for investment professionals, has released RiskPlus 2.0, an upgrade to its award-winning application for managing portfolio risk.
Built in partnership with FinAnalytica, the leading provider of multi-asset class predictive performance analytics solutions to investment managers, RiskPlus 2.0 provides portfolio managers, risk analysts and chief investment officers the flexibility to customise factor models and stress tests to better evaluate the risks associated with increased market volatility.
“Using PerTrac RiskPlus has allowed us to identify risks in our portfolio and be smarter about the funds we invest in and the strategies we
Alliance Bernstein is now actively clearing over-the-counter interest rate swaps through LCH.Clearnet’s SwapClear service. The move comes in advance of regulatory mandates in the US to clear over-the-counter derivatives.
The initial trades were executed and cleared by Citi and affirmed over MarkitSERV. These trades complement the USD1 trillion notional of interest rate swaps that have now been cleared on behalf of buy-side clients using the SwapClear service.
“Clearing ahead of the regulations makes sense for us. It means we can plan for the changes in market structure and optimise our clearing solutions in line with our portfolio requirements,” says James
Customers of Integral Development Corp, a provider of FX trading solutions and services, can now access Russian exchange MICEX-RTS’s MICEX Ruble liquidity via FX Cloud.
Participants on Integral’s FX Grid, a global inter-institutional connectivity and trading network, linking ECNs and market making banks to FX market participants, can immediately access all currency pairs and tenors available from MICEX with no need to build an adapter or wait for a leased line to be put in place. Integral’s customers on FX Grid will benefit from this seamless integration by gaining access to one of the fastest growing emerging markets in FX.
Estlander & Partners has selected SEI to provide operational outsourcing services for the firm’s hedge fund business.
With a strong institutional investor base, Estlander sought an outsourcing partner with a proven institutional-quality infrastructure as well as the ability to provide daily reconciliation to support the firm’s systematic trading strategies.
This is the latest in a series of wins for SEI as more investment managers seek premier outsourcing providers that can provide them with the transparency, insight and support to make better decisions, eliminate risk, and provide valuable, accurate and timely information.
SEI will provide Estlander with a comprehensive suite
The newly-launched AlphaClone Alternative Alpha ETF ALFA has become the first exchange-traded fund (ETF) to invest in disclosed equity positions held by established hedge fund managers.
The new ETF seeks to capture alpha from these managers’ long positions while protecting against protracted market downturns through a dynamic hedge mechanism.
The ETF structure enables ALFA to provide investors access to the alpha-generating potential of established hedge fund managers within a transparent vehicle that is available for trade daily on the NYSE.
ALFA, derived from the innovative research and hedge fund replication methodology developed by AlphaClone, LLC, and its founder Mazin Jadallah,
Citi has expanded its global capabilities for administration and custody services to assist fund managers in establishing a more efficient, informed and effective investment process.
As liquidity terms and conditions have changed and evolved in the fund marketplace, with investor level gates becoming more prominent in the hedge fund community, Citi has kept pace with the evolving needs of its clients. Citi has implemented an enhanced liquidity module which incorporates investor level gates. With these new capabilities, clients can more accurately predict the underlying liquidity of their respective hedge fund investments. This gives the clients the tools they need when
Interdealer broker ICAP has added index futures rolls to its recently launched equity derivatives electronic offering, iLinked, on the ICAP Securities Limited Multilateral Trading Facility (MTF).
This is the first interdealer offering of electronic trading in this product, underlining ICAP’s role as a leader in the move towards the electronification of OTC markets.
ICAP is offering trading in the following index futures rolls: EuroStoxx, FTSE, EuroStoxx & Stoxx sectors, DAX and AEX and plans to add further indices in the future.
Garry Stewart, ICAP’s Managing Director, Equity Derivatives, EMEA, says: “We have seen strong customer demand for iLinked since its
ORIX Investment Corporation (OIC) has selected SEI to provide a complete back- and middle-office outsourcing solution for the firm’s hedge-fund business.
OIC sought to outsource its back- and middle-office functions to gain greater operational efficiencies while focusing its internal resources on core client service and investment functions. The selection is the latest in a series of recent wins for SEI, further extending its leadership position in the investment-outsourcing space.
Under the agreement, SEI will provide OIC with a full range of middle- and back-office services including fund accounting and administration, trade processing and administration, investment accounting, investor reporting, risk
Seeding platform IMQubator has launched the IMQ Capital Introduction Network, a platform with its members connecting potential investors to the IMQubator funds through independent ‘agents’ – third party and private placement marketers.
The platform provides a system to its members to monitor the status of interaction between the IMQ Cap Intro members and the IMQubator funds.
Jeroen Tielman (pictured), CEO and Founder of IMQubator (IMQ), says: “This is part of our continuing effort to assist the IMQubator seeded funds with their business development, and in introducing the global institutional industry to the new generation of hedge funds, IMQ has taken
Pershing, a BNY Mellon company, has launched two new applications as part of its extensive Enterprise Collateral Management offering that automate the process of moving collateral between the custodian and Pershing Prime Services.
This service is available exclusively through Pershing’s NetX360, the company’s technology platform for fund managers and investment professionals.


Called PrimeConnect, the system provides unprecedented transparency and control of collateral selection and movements to hedge fund managers using BNY Mellon to hold unencumbered assets. PrimeConnect40 also offers unparalleled transparency and online collateral movement to ’40 Act fund managers using the tri-party structure to support alternative strategies. In these
