ING Capital Enters Prime Brokerage Space with Multi-Asset Synthetic Platform
- ING Capital's system will initially support the full equity derivatives lifecycle.
New York-based ING Capital Markets, a subsidiary of ING Financial Holdings Corporation, has launched a synthetic prime-brokerage platform, enabling the company to serve hedge-fund clients and to take advantage of its growing demand for derivatives services. It also plans to expand to fixed-income and other derivatives.
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The firm’s new synthetic solution will absorb ING’s contracts-for-difference business, but while the traditional CFD product is equity-focused, the SPS offering will cover all markets and securities.
ING’s offering will seek to fill the growing need of mid-sized hedge funds for quality prime brokerage services which are no longer being provided by the larger firms following the Swiss National Bank Swan in January 2015.
ING Capital’s system will initially support the full equity derivatives lifecycle. It offers capabilities of managing and executing all balance sheet, back office and administrative functions associated with derivative exposure to Equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term. In the next phase, the system will provide workflow that covers fixed income and additional asset classes in line with the clients' needs, especially from hedge funds who want to diversify their credit risk and exposures.
Michael Baudo, Regional Head of Financial Markets Americas and Global Head of Securities Finance, commented: "We offer the flexibility of a Multi-Asset Multi-Asset Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Read this Term portfolio swap which is operationally efficient, streamlined and provides additional collateral and portfolio margin benefits. We are excited to launch a platform that differentiates itself and adds value to clients while drawing upon the more than 20 years of experience our team has been providing securities finance solutions to the market."
New York-based ING Capital Markets, a subsidiary of ING Financial Holdings Corporation, has launched a synthetic prime-brokerage platform, enabling the company to serve hedge-fund clients and to take advantage of its growing demand for derivatives services. It also plans to expand to fixed-income and other derivatives.
To unlock the Asian market, register now to the iFX EXPO in Hong Kong
The firm’s new synthetic solution will absorb ING’s contracts-for-difference business, but while the traditional CFD product is equity-focused, the SPS offering will cover all markets and securities.
ING’s offering will seek to fill the growing need of mid-sized hedge funds for quality prime brokerage services which are no longer being provided by the larger firms following the Swiss National Bank Swan in January 2015.
ING Capital’s system will initially support the full equity derivatives lifecycle. It offers capabilities of managing and executing all balance sheet, back office and administrative functions associated with derivative exposure to Equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term. In the next phase, the system will provide workflow that covers fixed income and additional asset classes in line with the clients' needs, especially from hedge funds who want to diversify their credit risk and exposures.
Michael Baudo, Regional Head of Financial Markets Americas and Global Head of Securities Finance, commented: "We offer the flexibility of a Multi-Asset Multi-Asset Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Read this Term portfolio swap which is operationally efficient, streamlined and provides additional collateral and portfolio margin benefits. We are excited to launch a platform that differentiates itself and adds value to clients while drawing upon the more than 20 years of experience our team has been providing securities finance solutions to the market."