A-Team Insight Brief
Clarity Partners to Market MDX, IOWA.rocks in APAC
Clarity Partners has been named as sales agent for MDX Technology (MDXT) and its IOWA.rocks affiliate in the APAC region. MDXT provides data and distribution solutions for the global trading community. IOWA.rocks is the new on-demand financial data marketplace for all content creators and content consumers. Under the terms of the agreement, Clarity Partners will provide business development services for both MDXT and IOWA.rocks including account management of existing clients and lead generation activities.
MOEX Deploys Avelacom to Expand Connectivity in Asia, Middle East
Moscow Exchange (MOEX) has deployed Avelacom networking infrastructure technology at new points of presence (PoPs) in data centres in Hong Kong, Singapore, Shanghai, Dubai and Mumbai. MOEX’s PoPs feature FIX connections for trading transactions, access to MOEX’s market data, and sponsored access to MOEX’s equity, fixed-income, foreign exchange and derivatives markets. market. MOEX’s use of Avelacom equipment has also allowed it to reduce latency on its connection to Equinix’s LD4 data centre to 36 milliseconds from 41 milliseconds.
Cboe Launches FX Point for One-to-One FX Trading
Cboe has launched FX Point, a foreign exchange trading platform that allows institutional clients to trade directly with one or more of their preferred counterparties while benefiting from Cboe’s trading technology, credit and straight-through processing infrastructure. The platform offers low-cost support of one-to-one relationship-based trading, and features configurable routing, message rate and order review time functionalities. The solution provides flexibility to liquidity providers and their clients, while minimizing market impact. Access is via the Cboe FX FIX Bookfeed and ITCH protocols for expedited on-boarding.
Alternative Data Gives Asset Managers Investing Edge
Some 71% of asset managers believe alternative data gives them an investing edge over competitors, according to a study by Greenwich Associates commissioned by IHS Markit. Around half of investment managers are using alternative data with another quarter planning to do so in the next 12 months, according to the research. Nearly 30% of quantitative funds attribute at least 20% of their alpha to alternative data, while 42% of asset managers believe the alpha edge they achieve using alternative data lasts at least four years. For practitioners, the tools to analyse the data are as important as the data.
Accuity Offers Sentiment-Based Research Terminal on MetaQuotes Platform
Acuity Trading, a provider of AI data-driven trading tools, has released a sentiment-based research terminal, essentially a news data solution based on MetaQuotes MT4 and MT5 trading platforms. The terminal augments existing services offered on MT4 and is the
springboard for Acuity’s services on MT5. Users of the terminal on MT4 or 5 can access financial news, calendar, sentiment data and Acuity’s unique AI-driven Market Alerts tool in a single expert advisor. By integrating the terminal product with the platforms, traders are able to conduct trade research within the platforms. The terminal also includes the ability to launch trade tickets.
LCH RepoClear Selects UnaVista as Trade Repository for SFTR Reporting
LCH RepoClear has selected UnaVista as its trade repository for reporting under Securities Financing Transaction Regulation (SFTR). LCH Group’s collateral and liquidity management function will also use UnaVista for SFTR reporting. The regulation is scheduled to go live in April 2020 and will require firms to report details of their Securities Financing Transactions (SFTs) to an approved trade repository. The regulation is designed to increase transparency, allowing regulatory authorities to assess the risks associated with these transactions. UnaVista will offer assisted reporting to LCH RepoClear members.
Shield Adds Surveillance for Microsoft Teams
RegTech provider Shield Financial Compliance has integrated its platform with Microsoft Teams, a chat room and team collaboration solution in Office 365 that integrates people, content and tools. The integration provides full surveillance of Microsoft Teams and records and searches interactions, providing the ability to extract, review and analyse specific conversations to assist with investigation processes. The solution delivers out-of-the-box integration with Microsoft Teams, ability to build detection scenario models to include all Microsoft Teams e-comms types and detect misconduct behaviour, and alerts and reviews of Microsoft Teams content.
Finnish Asset Manager Evli Goes Live on IHS Markit thinkFolio
Evli, a Finnish investment and asset management specialist, has gone live on thinkFolio, IHS Markit’s order management and portfolio modelling system. The multi-asset class support provided by thinkFolio was the driving factor in Evli’s decision to implement the solution. The asset manager is using thinkFolio’s full front office functionality across order management, portfolio modelling, cash management and foreign exchange, trading and compliance. Evli is also implementing the IHS Markit Transaction Cost Analysis (TCA) platform for equities and fixed income. TCA aims to enhance Evli’s trading-related execution quality management and streamline performance-based order routing.
Fund Administrator Extends StatPro Contract
Another win for StatPro, this time a three-year contract with a top 20 fund administrator for Revolution. The minimum contract value is £2.44 million. The fund administrator currently uses Revolution to provide services to over 30 clients for performance, attribution and risk. This contract extension demonstrates its renewed commitment to Revolution and future expansion of the services available on the Revolution platform, including fixed income risk and attribution.
Red Box Partners Theta Lake to Detect Voice Compliance Risks
Red Box, a voice specialist, has partnered Theta Lake, a provider of compliance artificial intelligence (AI) for video, voice, and unified digital communication. The partnership allows Red Box customers to use Theta’s purpose-built AI and deep learning powered software to automatically detect compliance risks in their recordings and reduce the cost and complexity of managing corporate compliance and regulatory requirements to retain and review digital content. Red Box voice capture across all telephony systems enables Theta’s platform to leverage enterprise wide recordings and apply natural language processing and deep learning to automate detection of regulatory and corporate compliance risks.