Articles by Jake Thomases
Post-EMIR, Sapient Clients Want Reporting in the Cloud
Just eight months after debuting a product without a cloud version that no one wanted, Sapient is seeing a surge of demand for its hosted solution.
Icap Petitions for SEF Status
London-based electronic broker-dealer Icap has filed an application with the Commodity Futures Trading Commission (CFTC) to establish a swap execution facility (SEF) subsidiary.
Waters: Microwave Gains Ground on Fiber
For market data delivery, transmission of messages using microwave technologies is gaining ground. But firms remain reluctant to adopt the same technologies for trade messaging, citing concerns including reliability, feasibility and the cost versus the…
One CEO Departs at NYSE Liffe, Another Rises
Finbarr Hutcheson, co-CEO of NYSE Euronext's derivatives exchange NYSE Liffe, has been named sole CEO following the departure of longtime executive Mark Ibbotson, his co-CEO.
TradingScreen Concentrates TCA Efforts on FX Front
Although TradingScreen’s Jon Fatica envisions fixed income as the next frontier in transaction cost analysis (TCA), his company has put the bulk of its recent effort into foreign exchange (FX) TCA.
XP Investimentos Joins Perseus Network
Brazilian broker-dealer XP Investimentos has established a presence on the Perseus Telecom global exchange network.
Panel Discusses the Intersection of Risk and Regulation
At a panel hosted by SunGard and moderated by The Economist, Wells Fargo's Steve Ellis encouraged firms to look at compliance with a glass-half-full perspective.
Citisoft CEO: Back Office Derivatives System Overhaul is Open Heart Surgery
Any major overhauls to legacy systems in order to accommodate derivatives are going to happen primarily in the middle and back office, argued Paul Migliore, CEO of consultancy Citisoft, during a webcast on derivatives processing.
IBM Debuts Risk Manager
IBM has announced a new enterprise risk management solution for credit lifecycle management, featuring a dashboard that provides visibility into wholesale credit touchpoints.
Nasdaq Separates Clearing and Exchange in Sweden
In order to comply with the European Market Infrastructure Regulation (EMIR), Nasdaq OMX has separated its clearing and exchange operations in its Swedish affiliate, Stockholm AB.
Advent and Advise Team Up on Form PF and Form CPO Solutions
Advent Software and Advise Technologies are collaborating on an integrated platform that will address Form PF and Form CPO-PQR filing requirements for hedge funds, hedge fund administrators, and private equity managers.
Millimeter Wave vs Microwave for Wireless Communication
Microwave is only now making waves in the capital markets, but already other forms of wireless are being investigated.
Pershing Chooses Valdi for Connectivity
Pershing, a BNY Mellon subsidiary, has selected SunGard to provide market connectivity to its newest broker-dealer in Canada.
Southport Jumps on DealVector's Business Model
Holders of collateralized loan obligations, mortgage backed securities, and other structured credit have been forced into archaic means of locating each other. DealVector wants to bring that communication into the modern age.
Fintech Pioneer Creates Accelerator Program
Starting in October, startups in financial technology will have a new helping hand.
Dark Liquidity Reaches Record High in Europe
European dark pool trading spiked in the month of July, according to data compiled by Thomson Reuters.
Armanta CEO: The Risk Paradigm is Broken
Technology is overrated as a means of performing risk analytics, argues Peter Chirlian, CEO of New Jersey-based analytics platform provider Armanta. It’s the people that do the work; technology is little more than a tool.
HFT Limited at Aequitas Exchange, but Not Banned Outright
Reports about Aequitas Exchange's aversion to high-frequency trading (HFT) have been overblown, believes CEO Jos Schmitt.
Bange Returns to GoldenSource Sales Force
Bret Bange has been named head of sales for the Americas at GoldenSource, a New York-based provider of enterprise data management (EDM).
Aite Says Compliance Tech Spend to Increase 35 percent in Three Years
A report from Boston-based consultancy Aite Group indicates that compliance technology spending is likely to grow by 35 percent from 2012 to 2015, with hosted solutions persisting as the preferred deployment option.
Waters Rankings 2013: Eddie Galvez, Tibco StreamBase
Eddie Galvez is the senior architect at Tibco StreamBase and the founder of StreamBase.
Waters Rankings 2013: Steve O'Hanlon, Numerix
Steve O'Hanlon is the chief executive officer and president of Numerix.
Waters Rankings 2013: Michael Speranza, IPC Systems
Michael Speranza is the senior vice president of project management and marketing at IPC Systems.