Solutions
SS&C Technologies, a provider of financial services software and software-enabled services, has launched Risk Analytics, an independent investment risk analysis solution for hedge funds, fund of funds, private equity funds and managed accounts.
The new risk management tools, fully integrated with SS&C’s proprietary accounting and derivatives platform, provide SS&C’s clients daily and monthly risk reporting as part of SS&C’s middle and back office fund administration services.
Risk Analytics is also available as an in-house solution.
"Fund managers and administrators continue to be challenged to manage risk, reduce costs and grow with transparency and control," says Bill Stone, chairman and chief
The first trade in EUA futures for the third European trading period was concluded on the market on 16 July for emission rights operated by European Energy Exchange and Eurex.
The volume traded comprised 25,000 EUA for delivery in the year 2013 and the trades were concluded between RWE and CEZ.
Since 30 June, it has been possible for the EEX and Eurex trading participants to trade EUA futures for delivery in the years 2013 and 2014 in addition to the existing contracts.
In June, the volume on the EEX derivatives market for CO2 emission allowances increased considerably as against
Barclays Capital has launched a web-based real-time equities trading analytics application, Portfolio WebBench Live.
Building on Portfolio WebBench, Barclays Capital’s execution analytics toolkit for global equity portfolios, Portfolio WebBench Live has been remodelled to provide real-time execution monitoring, more dynamic and customisable content, and session sharing capabilities.
"We believe that Portfolio WebBench Live is a truly unique product, offering clients a web-based tool for real-time execution analysis of their trading" says Brian Pomraning, head of equity analytics applications. "In dynamic markets, execution performance and cost are increasingly important considerations; Portfolio WebBench Live can enhance trading transparency for clients, giving them
Investment Technology Group, an agency broker and financial technology firm, has launched its range of European algorithms across three new geographies: Israel, Hungary and Poland.
ITG now offers its suite of algorithms across 21 European markets.
The new markets have been added in response to demand from clients with equity flow into Israel, Hungary and Poland who are developing sophisticated automated trading strategies and searching for trading opportunities.
This development coincides with MSCI Barra’s announcement that Israel will be re-classified out of its emerging market indices and included in the widely followed MSCI World and MSCI EAFE indices, which took
A record number of over-the-counter interest rate swap trades were cleared in Q2 2010 by LCH.Clearnet’s IRS clearing service SwapClear.
The total number of trades for the quarter reached 191,694 trade sides, a 30 per cent increase on Q2 2009, driven by record volumes in May of 73,440 trade sides.
The increased figures bring the total outstanding amount of IRS transactions to USD224.6trn.
Established over ten years ago, SwapClear’s membership has increased to 32 direct members and the product scope has grown to cover the world’s 14 largest currencies with tenors up to 50 years in USD, EUR and GBP.
Swift plans to acquire the assets of SunGard’s Ambit Messaging Hub solution for high-volume financial messaging.
The transaction is subject to a number of closing conditions that are expected to be fulfilled by the end of the quarter.
SunGard’s AvantGard Ecosystem Communication Hub (Echos) for corporate-to-bank messaging is based on the AMH technology.
The transaction, the terms of which were not disclosed, is not expected to have a material impact on SunGard’s results.
The acquisition extends Swift’s connectivity portfolio. Ambit Messaging Hub is a modular, multi-network, high-volume financial messaging solution that can be tailored to an individual customer’s needs
NYSE Euronext has launched a London-based securities market, NYSE Euronext London, aimed at attracting international issuers looking to list in London.
NYSE Euronext London is complementary to NYSE Euronext’s other European securities markets and will enhance the visibility and prominence of its Continental Europe listing and trading venues.
Dominique Cerutti, president and deputy chief executive of NYSE Euronext, says: “This is a natural next step in NYSE Euronext’s evolution and a logical extension of our European cash markets. NYSE Euronext London combines the strength and visibility of our global brand and our leadership position in European cash markets with NYSE
Dow Jones Indexes has launched a family of indices measuring the market’s expectation of the future rate of US inflation.
They are intended to serve as the underlying basis of financial products such as exchange-traded funds, swaps and structured products.
The main index in the family is the Dow Jones Long-Term Inflation Index, which tracks the difference in returns of long-term Treasury Inflation Protected Securities and the long-term Ultra Treasury Bond futures contract listed at the Chicago Board of Trade. Two sub-indexes individually track returns of the component instruments.
The index methodology was developed in the New York office of
PerTrac Financial Solutions has released PerTrac Analytical Platform 7, a new version of its flagship application.
The PerTrac Analytical Platform is used by thousands of investment professionals for analysing hedge funds, mutual funds and other investments, constructing and optimising portfolios, and creating professional fund reports and presentations.
“PerTrac Analytical Platform debuted 14 years ago and today is the world’s leading investment analysis and asset allocation software,” says Gerry Mintz, PerTrac president and chief executive officer. “We continue to invest in our products and listen to our clients’ needs in order to provide improvements that will maximize value and simplify
Backstop Solutions Group, a provider of Software-as-a-Service platforms for the alternative asset management industry, has opened its first European focused office in London.
The London office will cater to the UK and Western Europe, and better position Backstop Solutions Group to continue to serve its European customer base.
“This is an exciting time for us, as the London office represents our successful expansion into two major international markets,” says Jeremie Bacon, chief executive officer. “We’re thrilled to be able to offer unique technology alternatives along with our many years of experience working with institutional assets.”
In February Backstop Solutions Group
