Pimco
Hub to lay off 20% of staff, sources say
Hub’s CEO says this is simply a case of a startup trying to stay nimble and efficient; others say it points to deeper issues.
People Moves: Charles River, Causality Link, Preqin, and more
A look at some of the key people moves from this week, including Caroline O'Shaughnessy (pictured), who joins Charles River Development as Emea head.
People Moves: Anna, Cowen, UBS, HKEx, and more
A look at some of the key "people moves" from this week, including Slawomir Zajac (pictured), who will represent Krajowy Depozyt Papierów Wartościowych SA on the Anna board.
Data is boring, right? A look at some innovative market data projects underway
While market data departments are rarely highlighted when it comes to innovation, Max says that doesn’t mean there aren’t disruptive tech projects underway.
This Week: Pimco/Man Group, Microsoft & Others, Cboe, Trumid/Goldman Sachs, Fenergo, & More
A look at some of the past week’s financial technology news.
Covid-19 Tumult Prompts Rethink of Buy-Side Risk Management
Investment firms are making changes to their risk reports, stress tests and concentration limits.
Acadian Appoints Simonian to Quant Research Position
Simonian, formerly head of quantitative research at Natixis, will produce research and advise for clients.
Evolve or Die: Asset Managers Cultivate Data Science Teams
Firms are using machine learning and natural-language processing tools—no longer to grab an edge, but merely to remain competitive.
Bruenjes to Head Smartkarma’s New Frankfurt Office
In this expansion of his current role, Bruenjes will continue the vendor's efforts to grow its client base in the region while expanding its network of research partners.
DTCC Chief: We’re Going to 'Disappear' As Blockchain Evolves
The head of the US depository system says the utility will not exist in its current form, but will have a central role to play in a post-DLT world.
Enhance Client Delivery with Artificial Intelligence: Panel
AI and automation free asset managers to do more for clients, according to panelists at Sifma Ops.
Pimco Extends Investment Manager Services Outsourcing Contract with State Street
The two firms also agree on accounting, custody, fund administration and transfer agency services for additional assets.
Smartkarma Adds Bruenjes to Spearhead European Expansion
Tim Bruenjes takes up a newly created role on Smartkarma's global business development team, following a funding round earlier this year.
The Buy Side’s KYC Moment
When it comes to KYC demands, while the sell side still has it the roughest, over the last two years, the buy side has had to take on a greater share of the burden.
The Buy Side Slowly Moves Toward Utilities, Managed Services
Mifid II, Fatca and new margin requirements are helping institutional players to see the benefits of centralized services.
Pimco Chooses kyc.com and Markit For Onboarding
Investment giant signs up service providers for customer due diligence
Sefcon V: Tech's Impact on SEFs Keeps Growing
Sefcon V looks at the impact technology has had on SEFs
Bill Gross Departs Pimco, Joins Janus
The chief investment officer and co-founder of the Allianz-owned bond giant left today in a surprise move, and will join Denver-based asset manager Janus Capital.
Panel: Global Regulations a Bumpy Ride for European Markets
Regulations affecting the global markets could negatively impact liquidity, according to panelists who spoke at the Association for Financial Markets in Europe's (AFME’s) European Market Liquidity Conference in London today.
Identification Breakdown?
The structures and parameters for global implementation of a legal entity identifier are in place, but industry professionals are finding cracks in the registration process that undermine its accuracy. Michael Shashoua describes some of the issues now…
Industry Segments Get More Time For CICI Adoption
Extension of deadlines for swaps market participants as well as FX, commodities and equities traders to adopt the CICI identifier still leaves accuracy challenges to be addressed