Reuters Events hosts the leading, North American institutional investor forum bringing financially critical ESG insights to mainstream investors. Join a two-day agenda that provides market leading strategies alongside practical ESG guidance, delivered by leading asset managers, asset owners, senior regulators, policy makers, data innovators and more.

Register for free here: ESG Investment North America Virtual Summit (October 13^th-14^th 2020)

Confirmed Executive Speakers from:

New York Life Investment Management, Candriam, Schroders, Tiedemann Advisors, Vontobel Quality Growth, MassMutual, Nuveen, BNP Parabis, DWS, Boston Consulting Group, UBS, Goldman Sachs, JP Morgan Asset Management, Allianz Global Investors, Fidelity, M&G Investments, Invesco, Federated Hermes and many more!

Exclusive Insights Delivered Through Four Key Themes

• Financial Materiality and Adoption: Evolving risks and exciting opportunities are unlocked through clear analysis of ESG factors. Understand the influences dictating the rapid evolution of ESG financial materiality. Are you moving fast enough? What does progress look like? Get the exclusive insights from industry forerunners, leading asset owners, senior regulators and influential international players.
• Standards, Frameworks and Regulation: Hear direct from leading standard setters, industry pioneers, and the SEC on their methodology for determining future best practice and regulation. Understand global public and political pressures that are fuelling the pace of change. Position yourself to proactively take steps now and stay ahead.
• Taxonomy and Building ESG Literacy: Align clients, corporates and investors to the same understanding of ESG. Unlock greater transparency and trust through clear taxonomy and practical learning of ESG analytical skills. Know what constitutes good ESG data, where to find it, how to make it comparable, and how to communicate the insights.
• Strategic Challenges and Opportunities: Go beyond data and learn the methodologies employed by the most successful managers to enhance their understand of materiality and extract the financial rewards this brings. Techniques for opportunity identification, discussion on ‘exclusion’ and practical steps you can take to advance your ESG journey.

5 reasons why you should attend the Summit

1. Plan your 2021 strategy with speaker keynotes sharing insights on how we can deliver a clean and inclusive global recovery
2. Takeaway valuable lessons from the live panel and Q&A sessions on the latest strategies and innovations in ESG strategy, data, regulation, communication and more.
3. Learn from examples with confirmed case studies form the asset managers, and asset owners leading towards a financial, environmental and socially sustainable future
4. Don’t miss a thing – your registration gives you access to the sessions from ESG Investment North America and ESG Investment Europe! You can be sure to connect with leading solution providers in the digital exhibition
5. Stay safe at home with all the business-critical insights free-of-charge to view at your leisure and help you plan your transformational investment strategies
    

To give a brief introduction to Reuters Events ‘virtual events’ - The virtual event is much more than a series of typical webinars, an expected 6,000-9,000 ESG Investment professionals will tune in live to our newly developed, proprietary, virtual conference platform. The platform enables participation and interaction with live panel discussion broadcasts, interviews, and presentations. A targeted and bespoke networking service enables 1-1 meetings. Virtual workshops engage invited participants to more interactive roundtable discussions. A virtual and interactive exhibition showcases the latest offerings from solution providers. And an On-Demand capacity provides longevity to the insights shared during the agenda sessions.  
 

Register for free here: ESG Investment North America Virtual Summit (October 13^th-14^th 2020)

Reuters Events hosts the leading institutional investor forum for delivering strategic ESG insights to drive forward-thinking investment policy. Join a two-day agenda that provides market leading strategies alongside practical ESG guidance, delivered by leading asset managers, asset owners, senior regulators, policy makers, data innovators and more.

Register for free here: ESG Investment Europe Virtual Summit (2^nd-3^rd November 2020)

Confirmed Executive Speakers from:

UBS, Goldman Sachs, JP Morgan Asset Management, Allianz Global Investors, BNP Parabis Asset Management, M&G Investments, Invesco, Federated Hermes, New York Life, Candriam, Carmignac, Fidelity, MassMutual, Fjärde AP-fonden, EBRD, EIB, SASB, IIGCC and many more!

Exclusive Insights Delivered Through Four Key Themes

• Strategic Direction and Materiality: Client demand, regulation, opportunity and risk are dictating the rapid evolution of ESG financial materiality. Are you moving fast enough? What does progress look like? Get the exclusive insights from industry forerunners, leading asset owners, senior regulators and influential international players.
• Regulation and Political Drivers: Hear direct from senior regulators on their methodology for determining future regulation. Understand the political pressures from around Europe that is fuelling the pace of change. Position yourself to proactively take steps now and stay ahead.
• ESG Data Clarity: Move beyond the ‘why’ and deep dive into the ‘how’. Practical guidance for validating ESG data, instilling trust, and extracting useful decision-making analysis. Know what constitutes good ESG data, where to find it, how to make it comparable, and how to communicate the insights.
• Asset Management Strategies: Go beyond data and learn the methodologies employed by the most successful managers to enhance their understand of materiality and extract the financial rewards this brings. Techniques for opportunity identification, discussion on ‘exclusion’ and practical steps you can take to advance your ESG journey.

5 reasons why you should attend the Summit

1. Plan your 2021 strategy with speaker keynotes sharing insights on how we can deliver a clean and inclusive global recovery
2. Takeaway valuable lessons from the live panel and Q&A sessions on the latest strategies and innovations in ESG strategy, data, regulation, communication and more.
3. Learn from examples with confirmed case studies form the asset managers, and asset owners leading towards a financial, environmental and socially sustainable future
4. Don’t miss a thing – your registration gives you access to the sessions from ESG Investment North America and ESG Investment Europe and make sure to connect with leading solution providers in the digital exhibition
5. Stay safe at home with all the business-critical insights free-of-charge to view at your leisure and help you plan your transformational investment strategies

To give a brief introduction to Reuters Events ‘virtual events’ - The virtual event is much more than a series of typical webinars, an expected 6,000-9,000 ESG Investment professionals will tune in live to our newly developed, proprietary, virtual conference platform. The platform enables participation and interaction with live panel discussion broadcasts, interviews, and presentations. A targeted and bespoke networking service enables 1-1 meetings. Virtual workshops engage invited participants to more interactive roundtable discussions. A virtual and interactive exhibition showcases the latest offerings from solution providers. And an On-Demand capacity provides longevity to the insights shared during the agenda sessions.  

Register for free here: ESG Investment Europe Virtual Summit (2^nd-3^rd November 2020)

Diginex announced the public launch of its digital asset exchange EQUOS.io, built to institutional-grade specifications and designed to improve the experience of trading digital assets for all market participants. The launch of the exchange is another important milestone for Diginex in advance of the planned business combination with 8i Enterprises Acquisition Corp, the NASDAQ-listed special purpose acquisition company (Nasdaq: JFK), which, upon expected completion in the third quarter of 2020, will offer investors the opportunity to participate in the growth of this emerging asset class via the public markets. 

The EQUOS.io platform will feature a fully functioning digital asset exchange, offering cryptocurrency spot trading initially, with perpetual swaps, dated futures, options and other derivatives products to follow, and will provide interoperability with Diginex’s over-the-counter trading desk, Diginex Access, a front-to-back integrated trading platform, and Digivault, the group’s pioneering hot and cold custodian. 

EQUOS.io offers innovative products and significant improvements in transparency. The platform was designed from the outset to deliver high security standards for users with critical infrastructure such as segregation of duties, high performance with low latency, reliable connectivity and platform stability through volatile markets. Furthermore, EQUOS.io’s spot exchange is operating under an exemption to the Singapore Payment Services Act and will provide a fair and transparent platform for users. These represent key points of differentiation compared to other major exchanges operating today. As such, EQUOS.io is primed to become the trading venue of choice for professional and institutional investors and traders. 

In the future, we plan to expand the EQUOS.io platform to provide a clear and easy to use interface for retail investors, reimagining and redesigning trading services that to date have disadvantaged investors on many of the incumbent platforms.  In addition, we plan to add, managed account features that we believe will improve capital efficiency and collateralization processes, and risk products that can substantially grow what is a nascent derivative market.

“This is a pivotal moment for us to launch EQUOS.io ahead of our transaction with 8i Enterprises Acquisition Corp. We are proud to deliver EQUOS.io, an exchange for virtual currencies and digital assets that challenges everything we have witnessed in the early growth of this industry. Our industry analysis has allowed us to understand the friction points for institutions to trade digital assets and address many of those with new and improved solutions around portfolio management. I am truly excited by the impact that EQUOS.io will have on many aspects of how the industry operates today and how it will also expedite its future growth,” said Richard Byworth, CEO at Diginex.

Neil Sheppard, COO of Financial Services at Diginex, added: "This announcement represents a critical milestone for Diginex as we progress towards our goal of facilitating the maturation of the digital asset class. EQUOS.io is designed to provide a single secure integrated trading venue that meets the needs of professional traders, with features such as segregation of sub-accounts and seamless USD/USDC integration at launch. We have a comprehensive roadmap of products and services aimed at both institutional and retail traders that will continue to differentiate the EQUOS.io platform as they roll out."

The launch of EQUOS.io has been achieved thanks to support received from Endava (UK) Limited, our development partner, who have been instrumental in the build and deployment of various foundational components of the EQUOS.io platform.

The announcement is a key milestone in advance of the acquisition of Diginex by the 8i Enterprises Acquisition Corp expected to occur in the third quarter of 2020, which includes Diginex group-wide businesses of EQUOS.io, digital asset trading technology platform Diginex Access, digital asset custody provider Digivault and the investment management business Bletchley Park Asset Management.

“Our planned listing on Nasdaq is further testament to our commitment to compliance, regulation and transparency, all of which are core principles of Diginex and are reflected in products such as EQUOS.io, which provides a fair and equitable platform for all participants,” added Richard Byworth.

Alongside the public launch of EQUOS.io, Diginex has also filed an application for a Major Payment Institution license to the Singapore regulator, the Monetary Authority of Singapore, in line with Singapore’s progressive digital asset regulation, the Payment Services Act 2019. Diginex already operates in Singapore under a temporary exemption from licensing under the Act.

Bitfinex, a state-of-the-art digital asset trading platform, has launched Bitfinex Pulse on mobile, enabling the exchange’s growing user base to obtain market-moving information on the go.

Bitfinex Pulse is a social network tailored to meet the needs of crypto traders, providing Bitfinex’s growing customer base with the opportunity to leverage the exchange’s community to get a trading edge. Launched on both iOS and Android, Bitfinex Pulse adds to the plethora of advanced features powering the Bitfinex mobile app, providing traders with the best mobile trading experience.

Bitfinex Pulse on mobile will enable an eligible verified Bitfinex user to share his or her thoughts on crypto via the mobile app, while also letting a user decide whether pulses are posted publicly. Both verified and unverified Bitfinex Pulse users will be able to publish private pulses on mobile. 

Users of Bitfinex Pulse on the mobile app can follow each other, like, share and interact within the community instantaneously. Users can also enable mobile notifications for the latest pulses, as well as search for specific pulses, users or trending topics.

“Bitfinex Pulse has quickly become a valuable resource for our growing community of professional traders,” said Paolo Ardoino, CTO at Bitfinex. “The very nature of crypto markets makes information flow fast, and I’m sure our traders will appreciate being able to search for the latest Pulses on the go from the convenience of their mobile devices.”

The launch of Bitfinex Pulse on the mobile app cements the exchange’s place as the go-to place to trade, both on the web and on mobile, with a robust and reliable trading platform offering the most depth of liquidity for bitcoin and Ethereum.

To obtain access to Bitfinex Pulse in-app, a user can click on the Bitfinex Pulse icon at the top right-hand corner of the screen in the Bitfinex mobile app. To sign up, a user can choose his or her nickname or use the one already connected to their Bitfinex account on the platform’s Leaderboard. Alternatively, he or she can skip the Bitfinex Pulse account setup and view the pulses posted by other users.

Bitfinex is leveraging its position as a one-stop-shop for crypto trading, offering a variety of services, including margin trading with up to 5x leverage.

Despite global lockdowns lifting, COVID-19 has increased the pace of digital transformation exponentially, and consumers have shown a substantial step-change in a more permanent adoption of technology into their everyday lives. Digital has been filling the social distancing gap and social media stands out as the dominant source of influence over our free time according to digital transformation consultancy Publicis Sapient's research released today, the Digital Life Index, with digital channels inspiring new action and bringing people together for shared experiences at the height of lockdown. Payments have become a health concern as contactless payment methods became a top priority for customers, dictating where they shop and spend as well as shining a spotlight on tap-to-pay credit cards. Online shoppers may have increased in number, with 71% stating they have purchased online more than usual, but amid economic uncertainty, buying priorities have changed and brand loyalty has taken on a new meaning.

Key takeaways from the survey

• Digital channels became a way for people to remain connected, with the lines between food, entertainment and learning blurred– social media fueled new activities and bridged a social gap.

• YouTube taught first-time gardeners how to grow their own food; it was also the top destination for mindfulness and meditation. Of the 22% of respondents that started practicing mindfulness or meditation, over half (52%) did it through YouTube. The story with home workouts was similar, with 56% of consumers using YouTube as a resource.

• Contactless payments and experiences are in high demand with 61% of respondents citing contactless as a key factor in their grocery store selection.

• Online shopping increased for consumers globally. In the past three months, 71% of people shopped more online than they usually do, and 48% think they will shop online more in the future.

• Patients cautiously adopt telehealth and see it as a safe, convenient alternative.

Teresa Barreira, CMO of Publicis Sapient, stated: "We conducted the research from the standpoint that all consumer decisions are made by people. Their needs are beyond a single utility. Their expectations and desire for ease and convenience drive their choices. Digitally centric brands place an increased value on the holistic journey of consumers and seek to improve their lives. The Index gives us a closer understanding of behaviors and enables us to provide business leaders with a unique lens into consumers' lives to help them understand and respond with data-driven insights."

The research provides a clear, overarching trend in the last three to six months of a significant convergence of the online and offline worlds. Digital experiences have increased – online shopping, contactless payments, health and fitness – all enabled by consumer expectations and convenience, with social media as the invisible thread that connects us to a global community. It will be interesting to see the continuation of these behaviors, which will stay for the long-term i.e., contactless and mobile payments, and which will inevitably shift back to a degree of pre-COVID "normality."

Contactless payments and experiences are now a requirement

Social distancing measures are accelerating the call for more contactless interactions. The usage and preference for mobile or contactless payment continue to soar. Sixty-seven percent of participants have used contactless payment for purchases in a physical store, and 39% said that if available, they would use contactless to pay in-store almost every time. Forty-six percent of respondents have used tap-to-pay with a credit card over other methods. Sixty-one percent of participants selected a contactless interaction as one of their top three factors influencing their choice of grocery retailer. These findings suggest that the move away from cash is solidifying. Contactless technology will be expected and will continue to shape the future of travel and dining, providing safer ways for guests to interact, while further integrating digital tools into new experiences.

Shopping becomes personal and on-demand

Over the last three months, 97% of people have at least one category that they prefer to shop online. The most preferred category is apparel, shoes, or accessories (59%), followed by household supplies (52%) and electronics (49%).

Online grocery saw an increase in usage during the pandemic. Fifty-seven percent of respondents started using online grocers during COVID-19, 1 in 2 saying they will continue to use online grocery channels more in the future.

For discretionary items, such as apparel and home improvement/DIY supplies, sales/promotions and a willingness to try new things were the primary factors consumers tried new brands – mirroring hesitancies around discretionary spending and forays into new offline activities.

Health at home

When it comes to health, patients accept telehealth en mass; but gingerly and out of necessity rather than choice. Fifty-six percent of patients tried telehealth over the last 3-6 months, with 55% selecting it to reduce their risk of contracting COVID-19. There are some topics new telehealth users are resistant to discuss, whereas experienced users are more likely to consider using telehealth for any kind of health question.

Technical Note

These are the findings of the first-ever Publicis Sapient Digital Life Index, a survey conducted between June 18 and June 25, 2020.

The Virtual FinTech Fair, co-hosted by FinStep Asia and Novsphere Media, has confirmed that over 50 world renowned speakers will debate and discuss the future of the financial industry on 4-5^th August 2020. The event will also be Asia’s first fully virtual conference, with interactive booths, networking, and panel sessions.

As COVID-19 continues to severely impact the world economy, and many countries are experiencing second or third waves, it is now more important than ever for financial executives to understand how they can digitise their organisations. Not only is this important to help serve the immediate financial needs of the general population, but also to ready themselves for the new digital economy that will emerge once the pandemic subsides. With travel restrictions across the world, cross border business has decreased significantly and many firms are not able to engage with each other to facilitate digital transformation. The Virtual FinTech Fair provides the perfect platform to facilitate all of this virtually, which is essential at a time where no one is able to travel or easily meet face-to-face.  

The Virtual FinTech Fair has created a bespoke conference agenda featuring leading experts from across the financial ecosystem. These speakers include regional regulators, subject matter experts, innovative startups and corporate leaders. Headline speakers include:

·          Lariena Wang, Head of Smart Banking, HSBC

·          King Leung, Head of FinTech, Invest Hong Kong

·          John Ho, Head of Legal, Standard Chartered

·          Greg Krasnov, Founder & CEO, Tonik Bank

·          Paolo Sironi, Global Research Leader Banking and Finance, IBM Institute for Business Value

·          Melissa Frakman, Founder and Managing Partner, EMVC

·          Praveena Rai, COO, NPCI

·          Salman Jaffrey, CBDO, DIFC

From virtual banking, Open APIs, InsurTech to the application of blockchain, delegates will gain unique insights from the speakers into the latest trends that are shaping finance, and understand how they can be applied within their own organisations. Delegates will be able to connect with the speakers and other delegates from 60+ countries to create meaningful dialogues that will be essential for the financial industry to thrive post COVID-19. In addition, the fair will host up to 50 innovative startups from across Asia showcasing their solutions at the virtual exhibition

Musheer Ahmed, Managing Director of FinStep Asia, said: “The world as we know it will be completely different once the crisis settles, and COVID-19 has accelerated the transition to a digital economy. Those who do not take significant steps now will be left behind, so it is essential that financial executives have the knowledge, understanding and opportunity to connect with the people who have experience in leveraging the power of digital technologies. The panel of speakers and sessions we have created will help them to achieve this.”

Sherry Shi, Founder of Novsphere Media, said: “With so much upheaval going on within the financial industry at the moment, it is important that the community has the opportunity to come together to discuss how we can overcome the biggest challenge the industry has faced since the 2008 financial crisis. The Virtual FinTech Fair has created a virtual arena to achieve this, allowing delegates to hear from and connect with some of the brightest minds in fintech and finance virtually.”

For more information, including how to participate in or sponsor the event, please go to virtualfintechfair.com.

Nutanix (NASDAQ: NTNX), a leader in enterprise cloud computing, announced that its scale-out file storage solution, Nutanix Files, recently reached the significant milestone of 2,500 customers, including nearly 180 Global 2,000 companies. Nutanix Files provides simple, flexible and intelligent enterprise file storage for the cloud era. Unlike traditional file storage solutions, Nutanix Files allows customers to scale and adapt to changing file storage needs across multiple locations and centrally managed from anywhere - something especially important in light of the Covid-19 pandemic. Files also offers a native analytics engine that allows customers to gain deep insights into their data. It shows how the data is being used, provides use and access audit over time, and allows for anomaly detection to prevent misuse and threats from malicious actors and malware. This can eliminate the need to integrate with a third-party solution.

Nutanix Files removes the inherent complexity of traditional datacentre architectures dependent on legacy storage systems, while providing software-defined flexibility to meet the modern challenges and scale of file data access and management. It is part of a suite of Nutanix solutions for structured and unstructured data management, which also includes Nutanix Objects delivering S3-compatible object storage, and Nutanix Volumes for scale-out block storage. These three solutions deliver the industry’s only unified, software-defined, end-to-end storage solutions, on a single hyperconverged infrastructure platform, through a common management environment covering file, object and block storage needs.

“Nutanix has developed a reputation for simplifying infrastructure with their HCI solution,” said Eric Sheppard, Research VP, Infrastructure Systems, Platforms and Technologies Group, IDC. “Their file storage solution extends this simplicity to unstructured data and continues to see rapid adoption by the Nutanix customer base. This led to IDC naming Nutanix a major player in its 2019 MarketScape on Worldwide Scale-Out File-Based Storage.”

Nutanix Files is helping enterprises standardise enterprise NFS and SMB file storage from core datacentres to edge locations, addressing an increasingly common pain point for customers. It can also be deployed in minutes, updated non-disruptively with a single click, and managed via a central, easy-to-use interface.

“The storage market is very fragmented, requiring customers to manage disparate products and purchase separate licenses to support different storage needs,” said Vishal Sinha, VP Engineering at Nutanix. “Our focus at Nutanix is to help our customers simplify their infrastructure software stack. Delivering an easy-to-use, integrated file storage solution, with built-in key features like deep analytics, is an important part of achieving this goal. Reaching this important milestone, with 2,500 Nutanix Files customers, is a testament to the strength of this solution.”

Nutanix Files customers range from small and medium businesses to national and international retailers, leading service providers and more. In addition to application data and file archiving, key use cases include:

One-Click Scaling to Support Remote Work

As many companies recently experienced, enabling businesses to operate remotely overnight is a daunting task. In addition to delivering an effective VDI solution to employees, IT teams had to provide document management systems supporting the increased demand. The ability to quickly add capacity - from anywhere - to support remote working needs, along with one-click set up, delivers an ideal solution to help customers quickly adapt to business needs and seamlessly navigate challenging situations, like the Covid-19 pandemic.

“With Windows File Server, you need to set up Windows clustering in order to get a highly available fileserver,” said Lawrence Lozzano, Senior DBA at Sheppard Mullin. “On the other hand, setting up and managing Nutanix Files is very straightforward. Plus, the 1-click upgrade process makes it very easy to manage going forward.”

Healthcare-Ready File Storage

For hospitals and healthcare facilities, picture archiving and communication systems (PACS) store, retrieve and manage all images produced by medical devices such as x-rays, which need to be archived. Nutanix Files is now certified to support Change Healthcare, IBM Watson Health, and works with any PACS solution that supports standard NFS or SMB file storage protocols. Additionally, Files, thanks to its flexible, software-defined architecture, delivers an infrastructure and file storage system that scales dynamically to meet the needs of changing workloads. This is even more important now as healthcare facilities prepare to respond to spikes in patients in light of the pandemic.

Simplify High Demand File Storage for Video Surveillance

Organisations leveraging video surveillance solutions will require an efficient file storage system to archive petabytes of data, but also one that can provide the performance to rapidly access or stream video data when needed. Nutanix Files scales linearly and non-disruptively to provide massive scale on an as-needed basis. By consolidating file storage onto a single flexible platform, it delivers the needed scale while reducing management overhead and operational complexity.

“The City of Plano moved the home directories shares, departmental shares, and police video data to  Files in order to get rid of our physical Windows servers and all of the Windows licensing,” explained Chris Edwards, Enterprise Architect for the City of Plano. “We have over 300TB running on Nutanix Files but much more efficiently than before. Additionally, as a software-defined solution, we don’t have to maintain any servers making it much easier to manage.”

More information on Nutanix Files is available here.

Huobi Institution, is announcing the launch of a digital asset management platform and custody services for institutions. The platform matches qualified institutional investors and high-net-worth individuals with fully-vetted quantitative trading teams in a secure and reliable environment managed by Huobi. Huobi’s new custody services will ensure safe deposits of assets and provide asset settlement and delivery for all transactions and engagements on the platform.

The launch of Huobi’s asset management solution underscores a continued shift in the digital asset market as more institutions and traditional asset managers turn to cryptocurrencies to create arbitrage and hedge macroeconomic risk.

“As the crypto market expands globally, we’re seeing growing demand for more nuanced trading products and services, especially from the institutional sector. These investors want access to high-quality quantitative investment platforms but up until recently the market has been highly fragmented,” said Ciara Sun, Vice President, Global Markets at Huobi Group. “By bringing both sides of the market together in one platform, we want to build the bridge between traditional financial markets and the digital asset economy.”

With the new offering, Huobi aims to help institutions access high-quality quantitative investment channels—managed by top cryptoassets managers and quantitative trading teams and backed by Huobi’s industry-leading security and risk controls. In addition to an expansive network of rigorously vetted cryptoassets managers, Huobi’s asset management platform offers a comprehensive product ecosystem, including custody services, asset storage via Huobi Wallet, and customized cryptoassets products with a fully-managed service, including data analytics and third-party performance disclosures and ratings.

All cryptoassets managers and trading teams on Huobi’s asset management platform undergo a rigorous vetting process, including full company disclosures, and must have a proven track record trading on Huobi’s exchanges for a minimum of six consecutive months. Quantitative trading teams must also provide historical transaction data as part of an extensive audit by Huobi, which includes a deep analysis of historical positions and trading activity to determine the team’s actualized performance and risk management ability. Cryptoassets managers are required to deposit a percentage of the cryptoassets as an investment risk margin based on product type and associated risk levels.

Huobi will offer investors customized cryptoassets products based on personalized investment requirements and risk preferences, including Fixed Return Plan, Capital Protected Plan, and Capital at Risk Plan. Investor’s assets are escrowed in Huobi Wallet to ensure asset safety, and trading strategies are restricted to mature products in top exchanges only.

As the platform operator and administrator, Huobi will be responsible for project registration and consignment, investment confirmation, client account management, and asset liquidation and settlement. Project assets are managed in Huobi accounts and support cross-exchange strategy and execution. Investors retain full ownership of their assets at all times and cryptoassets managers are granted access only to trade those assets. Huobi will also report all investment performance data to investors on a regular basis.

Huobi’s cryptoassets management platform also brings more transparency to digital asset management by providing an objective evaluation system of net (cryptoassets) value, which allows investors to track true ROI. The platform’s monitoring system connects to APIs provided by cryptoassets managers and trading teams across multiple exchanges to measure cryptoassets value and ROI in real time. Cryptoassets products on the platform are also monitored for risk indicators like leverage ratio, drawdowns, and deposits and withdrawals to limit exposure and establish a liquidation mechanism as needed to protect investors.

At launch, trading platforms supported include Huobi, Okex, and Binance. Trading products supported include Spot, Cross Margin, Isolated Margin, Futures, and Perpetual Swap, but leverage for Futures and Swaps will be limited to 20x or lower. Assets supported include USDT, BTC, ETH, EOS, BCH, LTC, TRX, ETC, XRP, ADA, DASH, ATOM, BSV, XLM, and ZEC.

Panxora, the digital asset treasury management service, announced it will support ClinTex, a pharmaceuticals industry solutions provider, in raising and managing $7 million USD for a blockchain-powered clinical trials solution to accelerate access to medicines for patients. Panxora will provide a management framework, determining when capital raised is released into the project, which will enable ClinTex to strategically grow its business.

Currently, efficiency issues in clinical trials are costing between $600,000 and $8 million per day and are significantly delaying the delivery of new medicine to patients in need. ClinTex’s data analytics platform aims to transform the medicin development industry through the application of predictive analytics, machine learning, and the novel use of blockchain technology and smart contracts in clinical trials. Its mission is to bring down the cost of, and improve the speed to market of new medicines for the people with unmet clinical need. This is achieved by a Clinical Trial Intelligence (CTi) platform  to identify and predict the main areas of cost over-runs, delays and data quality issues in clinical trials, thus reducing development costs for the global pharmaceuticals industry, and helping get medicines to patients faster.

As well as investing in the project, Panxora also provides the necessary framework for capital to be held and hedged appropriately against market risk for the life of the project. Panxora’s AI-based risk management software allows token founders to focus on successfully building their businesses, safe in the knowledge that their capital is being effectively protected against cryptocurrency volatility. It safely and responsibly manages the capital that token projects raise during their token sales and generates returns from funds which are surplus to business requirements. The service takes a professional approach to safeguarding assets, which is becoming a requirement as conventional investors start to look for opportunities in alternative asset classes including the cryptocurrency markets.

Brendan Mannion, ClinTex’s co-founder, said: “Our main priority has always been to meet patients’ needs. Recent circumstances have exposed the pharmaceutical industry’s flaws and reluctance to share data. However, with the use of blockchain here for this project, not only will the technology spread information quickly, but the structure of the token industry provides opportunity for many to participate in bringing essential products to market. We’re excited to work closely with Panxora who will provide the necessary guidance in this space. Through streamlining the clinical trial process with blockchain, we aim to normalise this collaborative culture in pharmaceuticals for the benefit of all.”

Gavin Smith, CEO at Panxora, commented: “Panxora is committed to steering professional institutions in the safest direction throughout their token fundraising journey. Right from the outset, we saw the potential in ClinTex’s use of blockchain to improve a very fragmented and inefficient industry – the project team has a responsible long-term plan for growth and we plan to support this every step of the way. With our backing and the use of our treasury management system, we’re able to offer our expertise to project founders so they can focus on meeting their goals. We’re delighted to be part of this project as ClinTex has a solid plan for the funds raised for its demonstrable prototypes.”

Panxora will invest in ClinTex’s project to raise $2 million USD by September 2020 to develop regulatory compliant prototypes. Then, they will look to raise a further $5 million to pilot with large pharmaceutical companies, refine algorithms and then further deploy these within the industry.