Luxembourg fund administrator, EFA, has selected NeoXam for a core Trade Settlement service based on NeoXam Tracker3, with a strong focus on the CSDR (Central Securities Depositories Regulation) requirement, alongside a bespoke digital reporting project.
NeoXam Tracker3 allows EFA Middle Office service to track the entire settlement process of all active trades in near real-time.
A dedicated online dashboard application has been designed to enable EFA’s clients to have digital access to the settlement status of their trades.
NeoXam’s software is designed to meet CSDR’s objectives of improving the efficiency and transparency of settlements in Europe.
EFA is an independent company servicing investment funds, unit-linked insurance products, private equity funds, real estate funds, hedge funds and funds of hedge funds.
Yen carry trade risks mount
Hedge funds and other leveraged investors face renewed risks from the yen carry trade as Japan moves further away from decades of…
More
Valour launches first crypto hedge fund using Neuronomics AI strategy
Valour, the digital asset investment products subsidiary of DeFi Technologies, has launched its first hedge fund as it expands beyond…
More
SocGen targets strong prime brokerage growth
Societe Generale is planning to significantly expand its prime brokerage business as part of Chief Executive Officer Slawomir Krupa's…
More
