Articles by Jake Thomases
Dutch Pension Fund Selects Misys for Portfolio Management
Blue Sky Group, a EUR 17b pension fund based in the Netherlands, has chosen Misys Sophis Value as its core portfolio management platform.
SimCorp Updates Dimension
In the first of two upgrades planned for 2014, Copenhagen-based vendor SimCorp has released version 5.5 of its flagship SimCorp Dimension investment management solution.
Eze Mulls Buying a Risk Company
Eze Software Group may purchase a risk software vendor in the near future, according to co-president David Quinlan.
SimCorp Buys Reporting Specialist Equipos
Copenhagen-based vendor SimCorp has acquired Equipos, a London-based developer of reporting software.
EFront to Streamline Portfolio Monitoring for Private Equity
EFront, a Paris-based provider of alternative investment solutions, believes its latest product will reduce the process of gathering portfolio company data by private equity investors from weeks to hours. FrontPM offers portfolio monitoring and analysis…
Aviva Investors Goes Live with Commcise Commission Management
London-based asset manager Aviva Investors has implemented a commission sharing agreement (CSA) and share-of-wallet management software solution from Commcise.
Regional Fixed Income Dealers Get Bloomberg Service
Bloomberg has unveiled its Electronic Trade Order Management Solution, or ETOMS, a managed service used by US regional broker-dealers to access and engage fixed income electronic markets as both liquidity providers and liquidity takers.
Indus Valley Partners Launches Cloud-Based Compliance Platform
Indus Valley Partners (IVP), a New York-based provider of solutions to alternative asset managers, has introduced IVP Raptor cloud, enabling alternative asset managers to meet their global regulatory reporting needs from a purpose-built cloud platform.
BATS CIO Explains Datacenter Move
Among the integration questions that needed answering when BATS and Direct Edge agreed to merge regarded that of their respective datacenters. BATS had its exchanges situated at Savvis' NJ2 facility in Weehauken, New Jersey. Direct Edge's were located at…
BATS to Transition Primary Exchanges to NY5 Datacenter
BATS has selected Equinix as its primary data center provider for all of the BATS exchange platforms, including the Direct Edge exchanges EDGA and EDGX.
ITG Releases Trade Management Systems for Hedge Funds
New York-based execution and research broker ITG has launched a product suite for hedge funds that includes a hosted order management system (OMS) and execution management system (EMS).
Brazilian Asset Manager Switches to Eze OMS
Rio de Janeiro-based asset manager Dynamo Administração de Recursos is now live on the Eze Order Management System (OMS).
Real-Time Risk: Keeping It Real
Pitches for real-time risk solutions focus more on the sell side than the buy side. Jake Thomases set out to determine how much hedge funds and asset managers care about calculating risk in the blink of an eye. Some do, but it’s largely dependent on…
Collateral Optimization Still Not Widespread, But Growing
A survey by InteDelta and SunGard conducted last summer revealed a dismally low adoption rate of collateral-optimization systems. Only three percent of respondents called their optimization processes advanced or fully automated.
Tradeweb Completes First Swap Trade by an FCM on Behalf of a Client
Tradeweb Markets has completed the first swap trade by a futures commission merchant (FCM) on behalf of (OBO) a US-based asset manager on a swap execution facility (SEF). Accessing Tradeweb’s TW SEF, Credit Suisse Securities successfully executed a five…
TMX to Use Ullink for Pre-Trade Risk and Connectivity
Canadian exchange consortium TMX Group has selected Ullink, a Paris-based provider of connectivity and trading solutions, to provide a pre-trade risk management and connectivity solution for its equity trading customers.
Swiss Private Bank Chooses SmartTrade for FX
Bank Vontobel, a Swiss private bank, will introduce a new client offering in foreign exchange (FX) trading for spot, forward and swaps, based on smartTrade's LiquidityFX hosted solution.
Is IBOR Just a Buzzword?
Moderator Barry Chester, wrapping up a panel discussion on the business case for installing an investment book of record (IBOR), asked a question that should be asked of any hot new piece of technology: Is IBOR just a buzzword? Surprisingly, not everyone…
New CEO Lane Promises Major Changes at Trading Technologies
Rick Lane left his job as principal architect at Trading Technologies (TT) for Google in 2011. Yesterday, a little more than two years later, he was put in charge of the Chicago-based software vendor, which counts 19 of the world’s top 20 futures brokers…
CTO Rick Lane Assumes CEO Role at Trading Technologies
Trading Technologies (TT), a Chicago-based trading software provider, has named CTO Rick Lane as its new CEO, effective immediately. Harris Brumfield, majority owner and CEO for the past 11 years, remains with the company as chairman of the board.
There's No One Way to Justify an IBOR, Reveals Waters Panel
There is no one way to make a business case for an investment book of record (IBOR). Not when an IBOR still means so many different things to different people. That’s why the panelists at Waters’ IBOR breakfast briefing were all over the map when it came…
Gaia Adds Numerix Analytics for EMIR Requirements
Paris-based Gaia Transparence, an open source software provider, has embedded analytics from Numerix, a provider of analytics for derivatives valuations, within its Position Builder solution for collateral management, margin requirements and credit value…
BSB International Gets New CEO
Marwan Hanifeh has been named CEO of BSB International, an asset management software provider based in Louvain-la-Neuve, Belgium. He replaces CEO and company founder Jean Martin, who stepped down on Jan. 29.
TradeGuard is Nasdaq's New Risk Management Product
Nasdaq OMX has expanded and rebranded its risk management solution, FTEN, now known as TradeGuard.