The Alternative Investment Fund Managers Directive (AIFMD) – European Union risk-mitigation regulations that target hedge and private equity funds – took effect last month causing noncompliant North American firms to rely on “reverse solicitation” for new European investors, a risky process whose legal guidelines are hazy at best, say industry observers. As the ripple effects… Read More >>
Eze Software System Offers AIFMD Support
Eze Software Group, a provider of investment technology, has expanded its Regulatory Filings Manager software to support Alternative Investment Fund Managers Directive (AIFMD) Annex IV filings, according to a company statement. AIFMD went into effect last year in the EU after being proposed by the European Securities and Markets Authority (ESMA), and requires alternative investment… Read More >>
Eze Software Group Takes to the Clouds
Eze Software Group, a developer of investment software, has taken the first step in moving its suite of front-to-back office programs onto the cloud with the release of Eze Data Services, the first service supported by Eze’s new cloud-based platform, according to a company statement. “During the next several years, we will continue to roll… Read More >>
Q&A: OMSes Take On SEFs
Dan Gavin, director of product management of Eze Software Group, answers FTF News’ questions about the role that order management systems (OMSes) are playing in helping firms connect to swap execution facilities (SEFs). Gavin is arguing that firms should leverage their OMS deployments as the single point of entry for SEFs. Q: What are… Read More >>
Scotiabank Deploys Fenergo Onboarding as Brazilian Asset Manager to Use Eze OMS
Scotiabank Deploys Fenergo Onboarding Solution Toronto-based Scotiabank is using Fenergo’s Regulatory Onboarding solution for its global banking and markets division, officials say. The deployment is intended to help the bank automate, streamline and standardize regulatory onboarding processes, data and documentation across six business segments. The implementation also supports Scotiabank’s centralized know your customer and anti-money-laundering… Read More >>
NYSE to Administer LIBOR as Ageon Goes Global with Markit EDM
NYSE Euronext Hopes to Redeem LIBOR A subsidiary of NYSE Euronext — the NYSE Euronext Rate Administration — will be the new administrator for the London Interbank Offered Rate or LIBOR and exchange officials are hoping they can redeem the reputation of the interest rate benchmark, tarnished by scandal.LIBOR reference rates are used for short-term… Read More >>
