WeTrust Asset Management adopts Refinitiv’s end-to-end trading workflow and data solutions

Maria Nikolova

Refinitiv’s integrated front-to-back solution optimises newly launched Singapore-based hedge fund’s investment process.

Provider of financial market data and infrastructure Refinitiv announced today that Singapore-based hedge fund, WeTrust Asset Management, has adopted its end-to-end trading workflow and data solutions to support its investment management operations.

Comprising of Eikon, AlphaDesk and REDI EMS, Refinitiv provides WeTrust with a multi-broker, cross asset, electronic execution platform whilst equipping the firm with automated pre-post trade compliance, integrated risk, modelling, rebalancing and live P&L for order management. This is all in addition to Eikon terminals providing research and analytics accessibility in an integrated offering. From a back office perspective, Refinitiv also facilitates the firm with its historical transactions, automated reconciliation with counterparties, performance and reporting alongside shadow NAV, dividends, corporate actions and much more.

“We are delighted to be part of WeTrust’s growth journey in Asia and to support their operations as the fund grows. Our cloud-based platform offers a one-stop-shop solution for hedge fund managers, providing a seamless path to implementation and integration, yielding significant cost-savings and agility for our professionals across the buy-side community,” said Paul Palackel, Business Director, Trading Solutions at Refinitiv.

He added, “WeTrust’s adoption of Refinitiv’s solutions also comes in line with our strategic vision to expand our offerings as Singapore’s financial sector continues to grow and evolve. We aim to help clients get up and running in the region efficiently by delivering a scalable front-to-back solution that is flexible, compliant and interoperable.”

Read this next

Digital Assets

Cathie Wood’s sponsored Bitcoin ETF sees historic $200 million inflows

The ARK 21Shares Bitcoin ETF (ARKB), co-sponsored by Cathie Wood’s ARK Invest, registered historic inflows exceeding $200 million on Wednesday, signaling a robust appetite among investors for Bitcoin-centric investments.

Digital Assets

Sam Bankman-Fried might see his 25-year sentence halved

Sam Bankman-Fried, the founder of the failed cryptocurrency exchange FTX, was sentenced to 25 years in federal prison by a Manhattan court on Thursday. This comes after he was convicted of defrauding customers and investors, with Judge Lewis Kaplan highlighting the potential future risks posed by Bankman-Fried.

Technical Analysis

EURJPY Technical Analysis Report 28 March, 2024

EURJPY currency pair under the bearish pressure after the pair reversed down from the major resistance level 164.25, which also stopped the sharp weekly uptrend at the end of last year,

Digital Assets

BlockDAG’s Presale Hits $9.9M, MultiversX & MINA Price Predictions Show Green

Read about BlockDAG’s promising $10 prediction and insights on MultiversX Price Prediction as MINA’s potential unfolds.

Digital Assets

Rockstar Co-Founder and All-star Line Up Join Advisory Board to Take Metacade into Post Beta Orbit

Metacade, the revolutionary Web3 gaming platform, prepares to streak out of beta with a slew of ground-breaking initiatives that will redefine the way blockchain games are developed.

Retail FX

Prop firm The Funded Trader shuts down, claims relaunch in April

Prop trading firm The Funded Trader has ceased all operations, with claims for a relaunch in the near future.

Digital Assets

Ethereum-Based Tokenized Real Estate Platform USP Launches On Republic

How This Californian Startup Is Revolutionizing Real Estate Investment through Ethereum-Based Tokenization.

Digital Assets

Sui Spikes in Weekly DEX Volume, Joins Top 10 of All Blockchains

March DEX volume on Sui stands at over $2.88B – up more than 49% from February – with decentralized exchange Cetus and wholesale liquidity layer DeepBook leading.

Digital Assets

Prisma Finance suffers $10 million crypto exploit, attack ongoing

Liquid staking protocol Prisma Finance fell victim to a security exploit on March 28, resulting in nearly $10 million in Prisma mkUSD and wrapped stETH being stolen by hackers.

<