Northern Trust Partners with 3D to Support Asset Managers’ Fund Distribution Oversight
- 3 years 5 months ago
- Asset Management, Wealth Management
Northern Trust has entered into an agreement with Distributor Due Diligence (3D) to support its asset manager clients with key elements of how they oversee distribution of their funds to investors. The service is named Network Monitor.
illimity & Apollo Announce Joint Venture
- 3 years 5 months ago
- Asset Management, Banking
illimity Bank S.p.A. (Borsa Italiana: ILTY) ("illimity" or the "Bank") announces the entry into a binding heads of terms to form a 50:50 joint venture ("JV") with certain funds managed by Apollo Global Management Inc (NYSE: APO) (“Apollo”) aimed at investing up to 500 million euro in single-name distressed credit exposure secured by real estate assets in Italy.
Broctagon Targets APAC for Growth with New Head of FX Sales
- 3 years 5 months ago
- Asset Management, Technical
Broctagon Fintech Group, the multi-asset liquidity and brokerage technology provider, today announces the appointment of Michael Lee as Head of FX Sales to support its move towards establishing a greater presence in the APAC region.
Baillie Gifford Extends Partnership with Linedata
- 3 years 5 months ago
- Asset Management, Data
Linedata, a global provider of asset management and credit technology, data and services, today announced Baillie Gifford, the global independent investment firm, has extended its partnership with a new five-year agreement to deploy Linedata Icon, Linedata’s flagship fund ac
State Street Survey Identifies Actions Alternative Asset Managers Plan to Take To Meet Growing Investor Demands
- 3 years 5 months ago
- Asset Management, Investment Management, Data
State Street Corporation today announced new research,[1] which reveals that with increasing pressures and demands on returns and reporting, alternative asset managers have work to do to meet the growing needs of institutional investors.
Diginex Limited & EQUOS rebrand as EQONEX
- 3 years 5 months ago
- Asset Management, Cryptocurrencies, Financial
Diginex Limited, the digital asset financial services company, is pleased to announce that it is unifying its businesses under the brand, EQONEX. The rebrand brings together under the EQONEX Group brand, its cryptocurrency exchange, custody platform, multi-venue trading business, over-the-counter (OTC) offering, its asset management solution, securitization business and the upcoming investment products and borrowing and lending businesses.
Comment: UK Inflation Rises to 2.1%
- 3 years 5 months ago
- Management, Data
Commenting on UK CPI rising to 2.1% Ian Warwick, Managing Partner at Deepbridge Capital, said: “Today’s inflation data serves as further evidence that that the UK economy is moving in the right direction at a significant pace. For many early-stage businesses however, the significant rise in inflation may trigger fears of a subsequent rise in interest rates, directly impacting how much they are able to borrow at a crucial time, when many expected... more
BlackRock Enriches Aladdin Platform’s Derivatives Capabilities with Cassini Partnership
- 3 years 5 months ago
- Trading Systems, Investment Management, Data
BlackRock and Cassini Systems, a leading provider of pre- and post-trade margin and collateral analytics for derivatives markets, announced today that the two firms have entered into a strategic partnership to integrate Cassini analytics into BlackRock’s Aladdin® platform. The integration will allow mutual clients to factor margin-based analytics into their pre- and post-trade decision-making.
United Fintech Announces Advisory Board of World-Class Experts
- 3 years 5 months ago
- Asset Management
United Fintech has announced its Advisory Board, with the appointment of six world-class experts who will play a key role in the global expansion of the fast-growth firm launched by Christian Frahm to help banks, hedge funds and asset managers to accelerate their transition to a digital world through access to fintechs specialising in capital markets. The members of the Advisory Board are:
Cobalt Goes Live with 4OTC for Post Trade FX and Digital Assets Connectivity
- 3 years 5 months ago
- APIs, Trading Systems, Asset Management
4OTC, the FinTech connectivity specialist for FX and digital assets, today announced that Cobalt, a provider of risk and settlement infrastructure for FX and digital assets, is using 4OTC's new TicketLounge service to capture and normalise post trade data onto a single FIX API. TicketLounge is 4OTC's second product launch in only four months. In February this year, it was announced that Cobalt was also using 4OTC’s first service, 1API to connect... more
SER Group Receives Highest Score in Current Offering Category and is Named a “Strong Performer”
- 3 years 5 months ago
- Management, Data
The SER Group, a leading global content platform provider for intelligent information management, announces today that analyst firm Forrester Research has named it a "Strong Performer" in The Forrester Wave™: Content Platforms, Q2 2021.* Furthermore, in the Wave, the SER Group is the vendor with the highest score in the current offering category.
KeyBank Goes Live with SmartStream’s Cloud Collateral Management Solution
- 3 years 5 months ago
- Management, Banking, Cloud
SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announces KeyBank N.A. goes live with its TLM Collateral Management (formerly Algorithmics/IBM Collateral) OnDemand solution - offering coverage for cleared and non-cleared, over the-counter (OTC) derivatives, repo and securities lending margining.
Fineco offers Access to Wellington Management Funds on its Investing Platform
- 3 years 5 months ago
- Investment, Management, Banking
Wellington Management is one of the largest global asset managers offering investment solutions spanning across the global equity, fixed income, multi-asset and alternatives. The latest addition to Fineco's investment platform follows a string of recent fund announcements made this year including AXA IM, Candriam and Ninety One.
Commenting on UK GDP Data for April, Rupert Thompson, Chief Investment Officer at Kingswood
- 3 years 5 months ago
- Wealth Management, Data
Commenting on UK GDP data for April, Rupert Thompson, Chief Investment Officer at Kingswood, said: “UK GDP posted a large gain in April for the second month running, growing 2.3% m/m in line with expectations. This left GDP up a massive 27.6% up from its low point last April but still down 3.7% on its pre-pandemic level in February 2020. Today’s data confirm a rapid recovery in the UK is well underway and will fuel hopes that the economy will in... more
European Retail Banks Need to Reduce their Costs by over £25 Billion to Improve Profitability Following the Pandemic, According to Kearney Research
- 3 years 5 months ago
- Management, Consultancy
Analysis from global consultancy partnership Kearney has found that retail banks will need to reduce costs by €35-€45 billion (£25-£32 billion) within the next 3 to 5 years to regain profitability. To do so will require the transformation of operating models to improve the cost-to-income ratio (CIR).
