Sweden’s TradeTech Consulting has acquired TradeChannel Consulting, a niche consultancy providing front-to-back services to asset management firms.
“The acquisition of TradeChannel Consulting significantly strengthens our delivery capacity to the asset management segment and doubles our senior expertise on SimCorp Dimension,” said Joakim Wiener, TradeTech’s chief executive officer (CEO). “The TradeChannel Consulting team of SimCorp experts makes a valuable addition to our senior team of asset management experts, allowing us to provide a more comprehensive service offering.”
TradeChannel Consulting will continue to serve its customers as before, with the additional back-up of TradeTech’s resources when and if required, but will operate under the name of its new parent. TradeChannel Consulting was previously owned by TradeChannel AB, known for the asset management software TradeseC.
The US money market fund reforms came into effect in 2016 and are already dramatically shaping US fund industry with investors flooding out of prime funds and into government securities. While the reforms are similar, they are not the same. GTNews interviews Yeng Bulter, global head of the cash business at State Street Global Advisors on the differences.
There are various ways for financial institutions to benefit from advanced technologies and business models provided by FinTech's. Whether a business' approach is radical or incremental, data management can help a company to increase their return on investment, argues André Casterman, INTIX.
Tim de Knegt, strategic finance and treasury manager for the Port of Rotterdam, discusses how he is using blockchain, the challenges he will face in his role of treasury over the next 12 months and the advice he would give to someone starting out their career in treasury.
Due to the low interest rate environment and Basel III regulation many corporate treasurers, who may have in the past been very reliant on the banking sector to provide them with cash management solutions, have been forced to explore alternative options as banks have been refusing short dated cash deposits.