Wednesday, 30 July 2014
Last updated 16 min ago
Jul 1 2010 | 10:33am ET
Hedge fund technology provider Syncova is going transatlantic.
The London-based firm, which offers technology solutions to hedge funds with more than US$70 billion in assets, is set to open a New York office in the fall. The firm already services U.S. hedge funds from its U.K. base.
“We’ve been building out our U.S. business at a steady pace from London, and now we’re at a point where there is sufficient growth that we can open a U.S. entity,” CEO Liam Huxley told HFMWeek.
With a U.S. base in the works, Syncova is also looking to the biggest growth area in the hedge fund industry, Asia. Huxley said the firm may establish a presence there, but did not offer a timeline.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…