“Quantamental” is gaining hype on Wall Street, as it’s a type of investing strategy that blends the best of quant funds and fundamental analysis. But bringing the two disciplines together is a feat in itself — hedge funds have tried and failed many times to get the culture and responsibilities just right.
Over the last several years I worked on innovative Distributed Ledger Technology (DLT) projects in Europe and Canada with a focus on building new infrastructure for Financial Market Infrastructures (FMIs). I have emerged with key lessons for the application of these projects and how market participants should prepare themselves for what could be a new world order of securities management.
Over 90% of CHESS users can meet the proposed go-live date of April 2022; ASX now reviewing consultation feedback.
Goldman Sachs is renewing its push into Wall Street’s digital future. The firm made Mathew McDermott, a managing director who ran the investment bank’s internal funding operations, its new global head of digital assets last month.
The economic fallout from the Covid-19 pandemic has spurred banks to increase due diligence of vendors that provide critical outsourced services – while at the same time making audits of such firms difficult, and on-site inspections impossible.