MSCI will be building a new wealth management platform by integrating its portfolio toolkit with the portfolio design, customization, and analytics offerings of Fabric — which serves wealth managers and advisors — as the result of their recently completed merger, officials say. Known for its investment decision support tools and services, MSCI announced the acquisition… Read More >>
EBS’s EMS to Link to IHS Markit’s thinkFolio
EBSI Connectivity Slated for Q4 EBS, a provider of electronic trading platforms and IT for foreign exchange markets, will be offering connectivity between the EBS Institutional (EBSI) execution management system (EMS) and thinkFolio, a multi-asset investment management platform from vendor IHS Markit, vendor officials say. The new service is slated to be available during the… Read More >>
SmartStream & Numerix Partner to Ease IM Requirements
Two Vendors Focus on Noncleared OTC Derivatives SmartStream Technologies, a post-trade systems and services provider, and Numerix, a risk technology vendor, report an agreement intended to better support end users in complying with the International Swaps and Derivative Association’s (ISDA) standards governing margin requirements for non-centrally cleared derivatives. In order to facilitate the over-the-counter (OTC)… Read More >>
KBC Bolsters Active Strategy via Risk-PMS Link
Brussels-based KBC Asset Management (KBC) will be deploying risk management and portfolio optimization software from vendor Axioma that will be linked to its portfolio management and order management systems (PMS/OMS). With the deployment, KBC will be able to “improve our investment processes, risk analysis and operational efficiency across all our quantitative equity strategies,” says Joris… Read More >>
Daman Investments Deploys SS&C’s APX
Daman Investments PSC, a Dubai-based financial services firm, has deployed the portfolio management system Advent Portfolio Exchange (APX) from SS&C Technologies to streamline operations, and bolster data management and reporting capabilities, according to officials at Daman and SS&C. A private joint stock company launched in 1998, Daman has become a non-bank financial services company known… Read More >>
Eze Software Upgrades Tradar PMS
Investment technology vendor Eze Software Group has completed a series of upgrades to portfolio accounting and reporting system Tradar PMS, improving asset class coverage across instruments and regions, officials say. The new functionalities are part of Eze Software’s “drive to streamline investment managers’ workflows and increase operational efficiency through tighter integration between Eze Software applications,”… Read More >>
Manulife Hires Emerging Markets Duo
Manulife Asset Management reports that it will be adding a new, two-person global emerging markets equity portfolio management team to its roster. They are Kathryn Langridge and Philip Ehrmann, who will join Manulife, effective Dec. 31, 2014, and Jan. 8, 2015, respectively. Langridge will be senior managing director, senior portfolio manager and head of global… Read More >>
Swiss Asset Manager Picks SimCorp Dimension
Swiss asset manager Unigestion has selected the SimCorp Dimension platform to bolster its front and middle office operations throughout its investment lines, according to a SimCorp statement. Unigestion will use SimCorp Dimension for trade, order and portfolio management, compliance, performance, net asset value (NAV) control, data warehousing and reporting, according to the vendor’s statement. Unigestion… Read More >>
Perennial Value to Use Imagine’s Analytics Cloud
Imagine Software, a provider of financial risk and portfolio management solutions, reports that Perennial Value Management, part of an investment firm based in Australia, has selected Imagine’s cloud-based service for risk mitigation in its long-equity shares trust. Perennial manages $8.2 billion on behalf of institutional and retail clients, according to Imagine. “Imagine can easily aggregate… Read More >>
