Articles by Jake Thomases
Toronto FIS: HFT Proponents Prompt Re-evaluation
Canadian bankers and regulators fought off attacks against high-frequency trading practices at the Toronto Financial Information Summit. A pending study of its effects may validate their position or cause a reconsideration.
Fox River Algos Available Through Silexx EMS
SunGard's Fox River Execution Solutions has made its algorithms available to users of the Obsidian execution management system (EMS) from Sarasota, Florida-based Silexx.
Bahrain Bourse Upgrades to X-stream
The Bahrain Bourse (BHB) will replace its existing Nasdaq OMX platform, Horizon, with one powered by X-stream technology. Additionally, BHB has reconfirmed its commitment to NASDAQ OMX's post-trade solution. The upgrade is estimated to be rolled out by…
Linedata Adds Private Equity Capabilities
Linedata has added private equity administration functionality to its back office platform.
Warsaw Stock Exchange Subsidiary to Use Trayport ETS
WSEInfoEngine, a subsidiary of the Warsaw Stock Exchange, has signed an agreement to use the exchange trading system (ETS) from Trayport, a London-based provider of energy trading solutions, for the operation of its markets. WSEInfoEngine will initially…
A Good Technologist is Hard to Find, Says JPM AM Exec
What began as a conversation about consolidating systems for accounting and trade─itself a deviation from advertised topic of supporting broad bespoke product ranges─took a sharp turn when JPMorgan Asset Management's chief business technologist for fixed…
Alpha Omega Integrates with Linedata OMS for Post-Trade
Paris-based Linedata and California-based Alpha Omega Financial Systems, provider of FIX Protocol-based post-trade software, have agreed to integrate Alpha Omega’s FIXAffirm post-trade processing platform with the Linedata Longview order management…
BlackRock's VedBrat Explains SEFs to the Buy Side
While the sell side and larger buy-side institutions have been preparing for the entrance of swap execution facilities (SEFs) to the market for some time, medium and small buy-siders have not. Supurna VedBrat, BlackRock's co-head of electronic trading…
Iraq Exchange Updates Trading Technology
The Iraq Stock Exchange (ISX) will upgrade its trading platform from Nasdaq OMX’s Horizon to Nasdaq’s X-stream technology. The upgrade is expected to be rolled out by mid-year 2014.
The Pitfalls of Social Media
If the Mark Zuckerberg movie taught us anything, it's that there's plenty of drama in social networking. Usage of these tools is sky high in our personal lives. That shouldn't automatically carry over to our business lives.
The Nuclear Option: Eaton Vance's John Shea
John Shea sits down with Jake Thomases to discuss his interesting pre-Wall Street career and Eaton Vance's IT.
Lord Abbett Turns to SimCorp for Investment Management
New Jersey-based asset manager Lord Abbett has selected SimCorp’s investment management solution to support the firm’s value creation strategy.
Gulf Continues to Exist Between IT and Traders, Says IPC Poll
It is a frequent complaint that IT departments do not understand the needs of the business. Much rarer is when that complaint comes from the IT department itself.
Polish Player BRE Securities Turns to SunGard for Connectivity
Dom Inwestycyjny BRE Banku SA (BRE Securities), the broker arm of Polish BRE Bank Group, part of the Commerzbank financial services group, has selected SunGard's Valdi solution, together with the SunGard Global Network (SGN), the company's international…
Goldman to Offer TT Hosting to Futures Clients
Goldman Sachs has added TTNet, the hosting solution from Chicago-based Trading Technologies (TT), to its suite of futures trading systems offered to the firm's institutional clients.
Mobile Apps Should Be More User Friendly, Says Buy-Side Panel
Cloud, mobile, predictive analytics, and IBOR among the topics at a TSAM panel on "what's hot, what's not" on the buy side.
OFI Mandats Uses Linedata Chorus in the Cloud
The recently launched software-as-a-service (SaaS) option for Linedata Chorus has been chosen by discretionary fund management specialist OFI Mandats to enable it to reinforce its administrative, accounting and regulatory management services for its…
RTS Advances China Move
RTS Realtime Systems Group, a Frankfurt-based trading solutions provider, has established a Shanghai office and has initiated plans to move its data center to the Hong Kong Exchange (HKEx) co-location facility by year's end.
Ex-LSE CTO Paine Goes to London Metal Exchange
The London Metal Exchange (LME) has appointed former London Stock Exchange (LSE) CTO Robin Paine as its new CTO.
E-Trading Corporate Bonds: Act Two?
In part one of his two-part feature on the electronic trading of corporate bonds, Jake Thomases traveled back in time to understand why an early explosion of credit trading platforms disappeared almost as soon as it arrived. In part two, he asks whether…
S&P Capital IQ Launches Portfolio Risk Solution
S&P Capital IQ has launched its Portfolio Risk solution, a risk and scenario analytics tool that provides an ability to make decisions about the pricing, hedging and capital management of multi-asset class portfolios in real-time.
Abacus Releases Buy-Side File Hosting Service
Abacus Group, a provider of hosted IT solutions for hedge funds and private equity funds, has introduced FlexDrive, a file-hosting service that allows hedge funds and private equity firms to share and transfer files with other users and other devices.
Despite Growth, Misys Has a New CEO
It seems an odd time to be shaking up the leadership at Misys. The UK-based company has seen a 30 percent increase in software license revenue since Bret Bolin became CEO one year ago. Yet he has just given way to Nadeem Syed, the former president and…
Quantifi Releases V11.0 of Pricing and Risk Product
Over-the-counter software provider Quantifi has released version 11.0 of its pricing and risk analysis software, with improvements to enterprise risk performance and valuation scalability.