Metalor Chooses smartTrade for Enhanced Precious Metals Trading Services

Metalor, an independent company specialising in precious metals refining, advanced coatings and electrotechnics activities, has selected Liquidity FX from electronic trading solutions provider smartTrade Technologies, to offer enhanced precious metals trading services to its global client base.

A commitment from smartTrade to fast implementation whilst tailoring the platform to Metalor’s specific needs was key to the decision-making process. Metalor went live on LiquidityFX within eight months of agreeing on the contractual terms.

Liquidnet Joins Sustainable Trading

Liquidnet, the technology-driven agency execution specialist, has become a member of Sustainable Trading, the non-profit membership network launched earlier this year, dedicated to transforming environmental, social and governance (ESG) practices within the financial markets trading industry.

Sustainable Trading brings firms together to devise practical and sustainable solutions to industry-specific ESG issues, as well as providing a mechanism for self-assessment and benchmarking.

Australian Fund Manager ISPT Selects SS&C for Performance Measurement

ISPT, one of the largest property fund managers in Australia, has chosen SS&C Sylvan for performance measurement. The solution was selected for its ability to process data automatically, calculate key returns, and provide robust analytical tools. It replaces an internally built performance measurement system.

Rockefeller Capital Management Up and Running with FactSet Workstations

Rockefeller Capital Management is using FactSet advisor workstations across the enterprise to drive advisor productivity. The arrangement provides Rockefeller advisors with access to comprehensive, multi-asset content, robust analytics, and global market data through FactSet’s web and mobile solutions. The collaboration is a milestone for Rockefeller as it plans to more than double its 450 advisor and team members by using FactSet’s open and flexible technology and enterprise wealth management solutions.

Double Materiality ESG Platform Launched by JP Morgan

Sustainable investment clients of JP Morgan will have access to a new ESG digital research platform that offers information and views based on double materiality principles – the impact that a company or asset has on the world as well as how climate and social change influences investments. ESG Discovery is fed by data from Datamaran and comprises two components: Sector and Cross-Sector analyses and Company and Thematic screening.

Morningstar to Showcase ESG ‘Digital Experience’ Product

An ESG-focused “digital experience” is to be unveiled by Morningstar, designed to give an all-round view of sustainable investing strategies. Comprising data from the financial services research giant’s own ESG Risk Ratings and Impact Metrics, the Investable World product promises to show in plain language and graphs the risks and opportunities in 750 thematic funds. The service will be showcased at financial conferences in the US through the autumn.

Overbond Partners with TMX Group to Integrate Canadian Bond Data into Trading Tools & Analytics

Overbond, the fixed income AI analytics and trade automation solutions vendor, has partnered with Toronto-based TMX Group, to increase the coverage, the pricing precision and the discovery of best-executable pricing and liquidity in Canadian dollar-denominated bonds, by integrating CDS FIPS settlement-layer Canadian bond data into Overbond’s AI fixed income trading tools and analytics.

The integration addresses data challenges facing Canadian asset managers when pricing, structuring and rebalancing Canadian bond portfolios, and seeking to construct and use pricing and liquidity time series.

SIX and TP ICAP Partner to Allow Clearing of TP ICAP MTF Trades on SIX x-clear

Clearing services provider SIX has partnered with market infrastructure provider TP ICAP, to allow participants of TP ICAP’s markets to clear their UK and EU MTF trades on SIX x-clear. The partnership with SIX introduces CCP clearing to TP ICAP’s trading venues for the first time.

SIX already offers clearing services to 19 different trading platforms, based in several European countries and the UK. The addition of TP ICAP’s UK & EU MTFs will increase the market coverage of SIX and allow TP ICAP members to increase their settlement efficiency even further. Compared to bilateral settlement, CCP clearing is expected to be particularly advantageous for the capital treatment, liquidity and risk aspects of high value transactions.

Broadridge Releases Blockchain-Based Multi-Jurisdictional Version of Private Market Hub

Broadridge Financial Solutions has released a multi-jurisdictional version of its private equity platform, Private Market Hub, based on blockchain technology, available to funds domiciled in North America, and designed to ease the complexities faced by asset managers with funds in multiple geographies. The hub was previously operational for funds domiciled in Guernsey

Broadridge says its new capabilities are the first of their kind in the private equity industry, allowing all stakeholders in a fund’s lifecycle to participate around a common set of data and workflows via a unified user interface, irrespective of the fund’s jurisdiction. Northern Trust, the cornerstone client, has gone live with the first group of North American clients – marking a new milestone in the evolution of the platform.

UK Offers ESG Reporting Guidance to Financial Institutions

The UK’s accounting overseer has issued the first set of guidelines on gathering, using and reporting ESG data. The Financial Reporting Council’s initial report focuses on producing better data to improve decision making among financial institutions. Describing the ESG data landscape as “complex” and “with challenges”, the report offers solutions to overcoming these shortcomings.