Investment banking giant JPMorgan and vendor StatPro Group have announced a partnership that will combine the bank’s indices and analytics with the StatPro Revolution portfolio analytics platform, resulting in a consolidated performance measurement solution for the bank’s clients. The ultimate goal of the collaboration is to help front-office staff better manage portfolio risk and performance… Read More >>
StatPro Buys ESG Unit for $3.27 Million
ECPI Unit to Become Part of StatPro StatPro Group, a cloud-based portfolio analysis and asset pricing services vendor, will be enhancing its benchmark offerings for environmental, social and governance (ESG) ratings and indices via the acquisition of the ESG research and index business unit (ECPI) from ECPI Group, officials say. The acquisition for a total… Read More >>
FTF News & ISITC Extend Alliance
FTF News is happy to announce a big step for us and we hope a major boost to what we are providing to you — we will be the exclusive media partner for ISITC throughout 2019. As you know, the ISITC industry trade group has made a major commitment to foster standards and best practices… Read More >>
Blackstone Hatches ‘Refinitiv’ via Thomson Reuters Partnership
A Blackstone-led consortium has finalized partnerships and begun the transformation of the Thomson Reuters Financial and Risk (F&R) group into a new company Refinitiv. The newly hatched company will use the private equity infusion to advance content coverage, cloud options, artificial intelligence (AI), analytics across the Elektron and Eikon platforms for buy-side firms, trading, wealth… Read More >>
Clayton & Giancarlo Issue Joint Crypto Currency Warning
Regulators See Upside to Blockchain/DLT Bitcoin and the other so-called distributed-ledger cryptocurrencies have had a rollercoaster valuations ride so far this year, which may not be surprising to anyone who can identify Mt. Gox or knows that Tether, pitched to investors as the “more stable” cryptocurrency, lost nearly $31 million in tokens near the end… Read More >>
BMO Capital Markets to Analyze Execution Performance
BMO Capital Markets is partnering with quantitative analytics vendor Trade Informatics (TI) to apply transaction cost analysis (TCA) tools to its algorithmic trading flow with the goal of improving execution quality for clients, officials say. The investment and corporate banking arm of BMO Financial Group “will begin seeing actionable analysis from the engagement after onboarding… Read More >>
BNP Paribas to Jolt Services Market for U.S. Mutual Funds
BNP Paribas Securities Services (BNPPSS) has extended its partnership with Janus Henderson, to provide back-office fund administration and fund accounting as well as middle-office and custody functions to its U.S. operations. BNP Paribas Securities Services is a member of the BNP Paribas Group, a major Paris-based global custodian and securities services provider. BNPPSS is paying… Read More >>