Elwood Technologies, a crypto technology company owned by hedge fund manager Alan Howard, is in talks to sell part of its business, according to Foresight News. According to CoinDesk, citing four people familiar with the matter, Elwood has reassessed its development roadmap and is focusing on its existing portfolio management and risk management software-as-a-service business, with less focus on trading. London-based Elwood employs about 100 employees. Elwood's business includes trade execution and portfolio management software, and added risk management services such as exposure tracking and collateral monitoring in May last year.