The Fintech Open Source Foundation (FINOS) has added three new leading financial services and technology companies to its membership roster already comprised of leading financial institutions, fintechs, and consultancies.
Technology & software solutions
In a recent white paper entitled Evolution in Asset Management, SEI pointed out that 70 per cent of US fund managers are currently looking to deploy advanced analytics in the front-office. The field of data science and machine learning-based data analysis is helping to transform how fund managers think about data to gain a competitive edge.
SteelEye, a compliance technology and data analytics firm, is offering financial firms the opportunity to use its communications surveillance service for free for up to 90 days as the market adapts to a new style of working.
Intertrust, a tech-enabled fund and corporate services firm, has automated its loan administration, cash management, and facility agent services by integrating its platform with IHS Markit’s market accredited Wall Street Office (WSO) software.
Global trade surveillance and risk management software platform provider, Eventus Systems has appointed a new CFO, Vice President of Engineering, Director of Relationship Management and Sales Engineer.
Financial data firm Facteus, formerly ARM Insight, has announced the general availability of its Enlightmint research tool, as well as a free trial of the product.
TransFICC, a provider of low-latency connectivity and workflow services for fixed income and derivatives markets, has closed its Series A investment round for GBP5.75 million.
Rapid Addition has launched a new electronic trading platform technology, RA Platform 3.0, with higher performance, control, and configurability to give users the flexibility to deploy and adapt electronic trading workflows.
Opus Nebula, a firm providing reporting services to asset managers, has appointed Jonathan Clark to its board of directors, as a non-executive director.
Tech firm Diligend has unveiled Live Profiles, a unique tool for institutional investors and investment consultants that automatically sorts, structures, and scores the information that they receive from prospective or invested fund managers.