Avantgarde Finance Group is partnering with Agio Digital, a digital assets and fund services platform, to offer institutional-grade on-chain crypto products. The firm writes that, using the platform, it is now possible to set up fully regulated and compliant on-chain funds in a matter of weeks, aiming to reduce total expense ratios by more than 80 per cent.
Avaloq, a subsidiary of NEC Corporation, and BlackRock, through its Aladdin Wealth business, have formed a strategic partnership aimed at enhancing their investment technology solutions for wealth managers and private banks. As part of the strategic partnership, BlackRock is making a minority investment in Avaloq.
Digital investor communication platform, Proxymity, has announced that State Street has deployed its digital proxy voting service, Vote Connect Total, in the UK and Ireland in time for the 2023 proxy season.
A new study from fintech Exabel asked portfolio managers and investment analysts who focus on fundamental investing on their use of alternative data and found that just 23 per cent described their organisation’s process for using it as ‘excellent’. Some 63 per cent described it as good, but around one in eight (12 per cent) said it was average.
BTON Financial, a data-driven, automated trading platform that is designed to help asset managers optimise their workflow and achieve better outcomes, has announced Andra AP-fonden (AP2), one of northern Europe’s largest pension funds, has decided to use BTON Financial to improve its trading performance.
Digital prime brokerage GCEX (GCEX Group) has announced that it has partnered with Komainu, a joint venture between Nomura, hardware technology company, Ledger, and digital asset investment manager, CoinShares.
Keeping ahead of regulatory change is a major responsibility for businesses especially as changes come along like the EMIR refit which is due to be enforced on the 29th of April in the EU and on the 30th 0f September 2024 in the UK, writes Colin Birchall, business development manager at Point Nine.
Augmentum Fintech plc, Europe’s publicly listed fintech fund, has provided an update on its portfolio and announced that it has led a funding round into Berlin-based cyber insurance platform Baobab, with a EUR3 million investment.
Powered by a buy-side trading culture and a flexible range of solutions that can be tailored to all types and sizes of investment managers, Cowen has long been a leader in the now fast-expanding area of outsourced trading. In an interview with Institutional Asset Manager, Jack Seibald – managing director and global co-head of prime brokerage and outsourced trading at Cowen – outlines the investment bank’s strategy and its plans for continued growth into new markets, geographies, and asset classes.
BNY Mellon has launched an outsourced trading offering for buy-side institutions globally, including asset managers and asset owners.
