This Week: Two Sigma/Northern Trust, NeoXam/Richelieu Gestion, and more

Northern Trust, Two Sigma partner for analytics platform

Northern Trust has entered into a strategic agreement with Two Sigma to offer Venn, a cloud-based investment analytics platform, to its clients. Venn by Two Sigma will help Northern Trust provide asset allocators with portfolio insights and analytics designed to help investment teams make more confident asset allocation, manager selection and quantitatively driven investment decisions. 

Through this relationship, Northern Trust clients can gain access to Venn to leverage advanced portfolio analytics tools.  Northern Trust has enabled certain data flows through to the Venn platform via APIs, allowing clients to benefit from the integration with both Northern Trust’s Front Office Solutions and Investment Risk and Analytical Services offerings.

The Two Sigma relationship already supports a number of mutual clients and is an extension of Northern Trust Whole Office, an approach that integrates Northern Trust’s architecture alongside that of partners.

NeoXam expands partnership with Richelieu Gestion

Financial software provider NeoXam and French asset manager Richelieu Gestion have expanded the scope of their current relationship, to include client’s reporting services and an extension of their partnership on portfolio management systems (PMS).

The partnership began in 2019 after Richelieu Gestion chose to host NeoXam Investment Management, the company’s PMS. After this Richelieu Gestion decided to commit on a four year agreement to have one single supplier for both PMS and managed services.

Richelieu Gestion was already using Impress Digital Edition, NeoXam’s digital client reporting solution, used to enhance client communication about management decisions. 

Style Analytics partners with Foresight Analytics for consulting

Style Analytics, the London- and Boston-based factor analysis firm that is now a part of Investment Metrics, has partnered with Australian asset consultant and research advisory firm Foresight Analytics to deliver advice and direction to its  clients on complex problems, opaque products and interconnected economies and markets.

This partnership allows Foresight Analytics’ clients to receive Style Analytics research and customized content showcasing their array of services, capabilities and functionality around factor analysis and environment, social and governance analytics.

LuxSE and Origin complete first fully digital listing by BIL

The Luxembourg Stock Exchange (LuxSE) and London-based fintech Origin have completed the first fully digital listing of a debt security on LuxSE via Origin’s digital platform. The very first bond issuance to be listed at LuxSE through the digital process of the Origin platform was a 10 million euro senior note issuance by Banque Internationale à Luxembourg (BIL), issued and listed on LuxSE on February 26. 

Origin’s platform makes it possible for market players to generate, share and approve term sheets and final terms. Once the final terms of a bond issuance are confirmed, the security can be listed on LuxSE via the Origin platform. This listing of a debt security is made possible via an API developed by LuxSE that allows the documents and information created on Origin’s platform to be shared with the exchange without the need for the issuer to take any action apart from selecting LuxSE as listing option on the Origin platform. 

Orient Futures, Trading Technologies partner for connectivity to Chinese derivatives markets 

Trading Technologies International and Orient Futures International (Singapore) have contracted to deliver connectivity to the Chinese international derivatives markets through the TT platform.

This agreement allows Orient Futures Singapore to offer access to Chinese international derivatives products listed on the Dalian Commodities Exchange, Shanghai International Energy Exchange, and Zhengzhou Commodity Exchange via the TT platform.

Aquarius Financial Technologies partners with CQG

Aquarius Financial Technologies has announced a strategic partnership with CQG, a provider of technology solutions for traders, brokers, commercial hedgers, and exchanges. The partnership will support Aquarius’ vision to launch an institutional-grade global cryptocurrency exchange using CQG’s proprietary technology.

Under the partnership, CQG will provide Aquarius with its trading interfaces, infrastructure, and API connectivity, as well as access to more than 45 tradable, global exchanges and more than 85 market data sources. The exchange is scheduled to launch in the third quarter.