Inalytics, a specialist in analysing investment performance, has launched a new data-driven model that helps asset owners see the difference between luck and skill when selecting managers. The model, developed by Inalytics through analysis of $22 trillion of trades in a database it has built over 20 years, uses data science to quantify the impact of the decisions that asset managers make when running the concentrated, bottom-up portfolios that dominate the investment landscape today. For the first time in the modern era, it means pension funds and other institutional asset owners can measure the investment skills that really matter when

American Elm Distribution Partners (American Elm), a managing broker dealer offering retail distribution and compliance services to alternative funds, has partnered with Phoenix American Financial Services (Phoenix American), a fund administrator offering outsourced back office, fund accounting and investor services, to offer a turnkey solution for alternative investment managers looking to enter the retail investor marketplace. American Elm is a relationship-driven investment management firm doing business as a managing broker dealer to enhance outcomes for client funds. Leveraging strategic partnerships, seasoned distribution professionals and a unique approach, the company has developed a fundraising and investment model exclusive to the firm.

Cboe Global Markets, a provider of global market infrastructure and tradable products, has expanded the Cboe Implied Correlation Index suite with the recent addition of eight new indices. Market participants can now access a full suite of volatility-related indices across a range of maturities and skews to help gain a more complete view of the potential factors driving volatility in the equity markets.   The Cboe Implied Correlation Indices are the first widely disseminated market estimates of the average correlation of the stocks that comprise the S&P 500 Index (SPX). The benchmark indices are designed to offer insight into the

Bybit, the only cryptocurrency exchange to offer USDC options, has partnered with trading solutions provider Actant to provide first-in-class trading tools for professional traders. Bybit, which has one of the largest BTC futures open interest, is now fully integrated with Actant,  bringing a full range of tools for risk, trading, automation, and quoting to the cryptocurrency exchange.   Actant provides trading solutions for financial firms, including proprietary trading and market making firms, investment banks, and hedge funds trading on the world’s major derivatives and stock exchanges. Building a strong partnership with Bybit allows Actant users to trade and clear on

Exabel, a data and analytics platform for investment teams, has launched a new ‘Import Jobs’ feature, which provides a direct Snowflake integration for customers and partners to easily bring new data sets into the Exabel platform. This will help Exabel’s customers bring all their alternative data into one place, and leverage Exabel’s analytics to combine data sets and derive differentiated insights. Import Jobs will also facilitate the process of alternative data providers bringing their data into the Exabel platform, supercharging the Exabel partnership program. With a few clicks, Exabel customers can now build live data pipelines that connect to an

OSTTRA, a global post-trade solutions company, has launched a paper digitisation solution that enables market participants to reduce the amount of time it takes to process paper confirmations for complex over-the-counter (OTC) derivative transactions from hours to minutes. The new solution is a significant enhancement to the existing paper trade workflows for Investment Managers on OSTTRA Trade Manager, automating trade review and matching processes to achieve faster confirmations. With tens of thousands of OTC trades still captured on long form paper, reviewing trade details, terms and conditions is an arduous task for all firms, resulting in significant operational cost and

As part of its initiative to deliver customisable solutions, Northern Trust has launched an enhanced liquidity management data tool in its Front Office Solutions platform.

TRG Screen, a provider of enterprise subscription management solutions, has launched Optimize Insights to unlock new insights and reporting capabilities within Optimize Spend, its market data management software platform. Optimize Insights sits at the heart of TRG Screen’s new Optimize platform, launched in 2020. Market data teams benefit from detailed, data-driven intelligence that they can deliver to their internal business users, allowing them to fully optimise their spend and usage. While it offers an intuitive visual analytics platform for proactive market data management, it also supports other complex, high value enterprise subscriptions, such as research, telecoms, IT and software.   

Switzerland’s SIX Digital Exchange (SDX), the world’s first fully regulated digital asset exchange and Central Securities Depository (CSD), in partnership with F10, a global FinTech and InsurTech Innovation Ecosystem and Aequitec, a digital share register and cap table company, ahas completed the first-ever tokenisation of equity shares in a fully regulated CSD based on Distributed Ledger Technology (DLT).

Transaction Network Services (TNS) is now directly connected to the Johannesburg Stock Exchange (JSE) from within the JSE colocation facility, providing managed hosting services, Layer 1 order routing and market data connectivity. TNS will serve as a vendor of record for South Africa’s principal stock exchange, offering JSE market data and order entry access to key equities and derivatives markets in Europe and the US.     JSE operates the main equities and derivatives markets in South Africa and is the listing exchange for multinational companies such as Glencore, British American Tobacco, Investec and Vodacom Group.  TNS brings together over 2,800