Apex Group (Apex) has partnered with AlphaCentrix to deliver data management solutions to its clients. With a proven track record of over two decades, AlphaCentrix provides data management solutions designed to simplify investment operations for the world’s leading investment managers, fund administrators, and prime brokers. AlphaCentrix’s middleware and data warehouse solutions provide cutting edge technology solutions for security master, trade capture, price control and review, corporate actions, and to meet the complex custom reporting needs of the client.   Under this new partnership, global financial services provider Apex will integrate two AlphaCentrix apps into its client offering: AlphaFuse and AlphaSpring,

Edelman has launched Edelman Smithfield, a financial communications boutique that specialises in financial markets and strategic situations, serving clients in the United States, EMEA, Asia and beyond.

CLS, a financial markets infrastructure (FMI) delivering settlement, processing and data solutions across the global FX ecosystem, has witnessed continued growth in settled values of cross currency swaps submitted to CLSSettlement, with a 27% year-on-year increase (Q2 2022). Cross currency swaps exhibit significant settlement risk exposure due to the high value of the initial and final principal exchanges. By using CLSSettlement, participants can mitigate the settlement risk associated with these transactions. Furthermore, as cross currency swap flows are multilaterally netted against other FX transactions within CLSSettlement, users also benefit from a significant reduction in daily funding requirements.   The increase

Zug-based fintech firm Alphanect has launched Alphanect Selection, an all-new curated portfolio of private market products for wealth managers and investors.

Investing in technology to better optimise data and modernise data management are the top priorities for financial services firms according to new research by global Fintech leader, Broadridge Financial Solutions.

NS Partners, which manages or administers some CHF11 billion in assets across wealth management, discretionary and advisory management, and a ManCo offering, has chosen MJ Hudson’s RiskMonitor platform to provide a customisable Liquidity Stress Testing solution. The collaboration between NS Partners and MJ Hudson enables independent stress-testing and enhanced liquidity risk oversight via the RiskMonitor Liquidity solution which tests whether funds can satisfy redemption terms based on multiple stress and redemption scenarios.  The platform handles complex underlying assets and delivers board friendly reporting to support compliance with regulations and internal governance requirements.

Despite a volatile market environment, EEX Group achieved volume increases in the majority of its asset classes during the first half of 2022, providing a “safe haven” for the market. This applied particularly to the European natural gas markets. In the European power markets the trend towards cleared volume has been increased significantly – with EEX gaining market share in an overall declining market. Clearing is a secure way to mitigate counterparty risk and the cross-margining effects across the power, gas and further markets allow participants to conserve liquidity as “only” the net position is considered for margining. In the

Digital brokerage, GCEX (GCEX Group) has launched 24/7 FX trading for institutional and professional clients. This mirrors its digital assets offering, which provides 24/7 crypto trading. GCEX is regulated by the FCA in the UK and the FSA in Denmark, and recently announced provisional regulatory approval by the Virtual Assets Regulatory Authority in Dubai (VARA) to operate as a crypto exchange.   Founded in 2018, GCEX provides a digital asset and FX platform, with partnerships with Tier 1 and trusted liquidity providers, lending counterparties and digital custody institutions. GCEX offers a wide range of products and technology solutions including White Labels.

Global multi-manager platform Schonfeld Strategic Advisors (Schonfeld) has joined Paragon Data Labs’ cloud-based compliance platform. Paragon’s technology offers improved operational efficiency and employee experience through automation and streamlined workflows. Its full-service migration, implementation, and dedicated customer support highlights collaboration, a cornerstone of the Paragon mission to make compliance simple. “We’re proud to kick off a long-term partnership with Schonfeld,” said Jefferson Mitchell, co-founder and CEO of Paragon Data Labs. “By providing a fully-tailored and intuitive employee compliance platform for our clients, Paragon is continuing to make strides to service large-scale financial institutions in need of a modern solution.”

Backstop Solutions, provider of a cloud-based productivity suite for institutional and alternative investors, has launched a host of new functionalities and enhancements that re-envision the way users interact with the Backstop platform.