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Pacific Fund Systems Paul Kneen

Pacific Fund Systems appoints cloud services manager

Pacific Fund Systems (PFS), a provider of fully integrated fund administration software via its PFS-PAXUS application, has appointed Didier Lucotte as cloud services manager in the firm’s European operations team. Lucotte, who will based in the group’s Isle of Man office, is an experienced cloud project manager having previously served

Simon Schilder, Ogier

BVI continues to introduce positive regulatory developments

Last year the number of hedge fund launches globally fell by an estimated 40 per cent, but despite this there have been a number of positive developments for the funds industry in the BVI. One is the creation of an AIFMD opt-in regime for the BVI, called the Securities and

Cloud jigsaw

Five reasons why it’s time to consider the cloud

Traditionally, hedge funds and private equity firms have allocated significant capital budgets to build out their own sophisticated Communication (Comm.) Rooms, which can take months to provision and bring online. With servers to buy and install, software to license and configure, and voice/networks to deploy – not to mention recruiting,

Nick Ellis, ALA

Advanced Logic Analytics launches ALA OneLogic

Advanced Logic Analytics (ALA), a provider of enterprise wide big data and finance analytics solutions for buy- and sell-side institutions and other financial firms, has launched its core big data analytics platform, ALA OneLogic. ALA OneLogic was developed to provide advanced big data analytics capabilities for financial markets firms requiring

Mark Coriaty, Eze Castle Integration

Cost, complexity & security drive hedge fund outsourcing

Outsourcing has not only become an accepted practice among hedge fund managers, it has become a necessity as funds large and small seek out ways to control their costs, manage their internal resources more effectively, and overcome the ever growing challenge of regulatory compliance.  Perhaps more than ever before, hedge

Geoff Cook, Jersey Finance

Jersey continues to attract private placement business

The number of Jersey-registered fund managers marketing into Europe through national private placement regimes (NPPRs) under the Alternative Investment Fund Managers Directive (AIFMD) continued to rise during 2016, according to the latest figures from the Jersey Financial Services Commission (JFSC). As at December 2016, 127 alternative investment fund managers (AIFMs)

Blockchain VC specialist joins Ciphrex

Ciphrex Corp, a software company in the emerging field of cryptocurrency and blockchain technology, has appointed venture capitalist Alyse Killeen to its board of advisers. Killeen, now managing partner at StillMark Co, an investment advisory and venture investment group, is an advocate of decentralised consensus network technologies that enable transactions

Matchmaker service launched for businesses seeking cash

A technology business has launched a new way of matching firms starved of cash with businesses who are willing to purchase their invoices. PeerPay has developed a cloud-based platform that links the larger, cash-rich firms within an accountant’s client portfolio with smaller, client companies within the same community looking for

Cyber-security firm ZoneFox closes GBP3.6 million funding round

Cyber-security software firm ZoneFox has closed a GBP3.6 million Series A funding round led by Scottish business angel investment syndicate Archangels, with co-investment from The Scottish Investment Bank and TriCap. Based in Edinburgh, ZoneFox focuses on providing security systems that effectively combat the growing issue of insider threats to businesses

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