Iceland, Austria, Egypt, Ghana, and Vietnam, have retained the most positive economic sentiment during the coronavirus pandemic, according to analysis of media, social media, trade union, and government data by technology company Truvalue Labs.
Technology & software solutions
The alternative fund management industry is witnessing a huge rise in the volume and diversity of data being ingested, as technology innovation facilitates firms in their research and portfolio construction activities; not to mention using advanced analytical tools to improve the quality of fund reporting.
Software and services provider SS&C Technologies Holdings has announced a partnership between SS&C ALPS and FLX Distribution, which will provide expanded distribution capabilities to asset managers.
Integral, an FX platform which partners with banks, brokers, and asset managers, has reported that average daily volumes across its platforms declined to USD35.1 billion in April 2020.
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.
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.