Articles by Jake Thomases
Generalists, Business Analysts to Get More Tech Jobs in 2014
Two themes emerged when C-level technologists on a panel at the Waters USA conference revealed what skills they will be looking for in jobseekers in 2014. The first was a shift from preferring specialist programmers and developers to those with a broader…
Banks Consolidating Screen Real Estate on Their Platforms, Says Waters USA Panel
The three keys to real estate are location, location, location. The three keys to keeping customers on your front end technology? Real estate, real estate, real estate. As in, screen real estate. There's only so much space to go around, and any provider…
Single-Dealer Platforms Still Work for FX, Fixed Income
Commentators have predicted the demise of single-dealers platforms for years, said JPMorgan’s Alexander Nacht, but they may be focused too much on equities.
SS&C Technologies Names CTO
Bob Schwartz has been appointed CTO of Connecticut-based SS&C Technologies, a fund administration software specialist.
Financial IT Not Flexible Enough for Regulatory Changes, Says Waters USA Panel
Guggenheim Partners’ chief compliance officer summed up his position on adaptable IT with a question rather than a statement. “How many people think technology is flexible?” Joseph Lodato asked the audience at Waters USA. There were almost as many…
Financial IT Not Flexible Enough for Regulatory Changes, Say Panelists
Guggenheim Partners’ chief compliance officer summed up his position on adaptable IT with a question rather than a statement. “How many people think technology is flexible?” Joseph Lodato asked the audience at Waters USA. There were almost as many…
Nasdaq's Sears: FinQloud to Expand from Storage into Better Access
Nasdaq FinQloud's Julia Sears foreshadowed an expanded business model at Waters USA.
GMEX Technologies and CoDiese Release Trade Reporting Solution
GMEX Technologies, a subsidiary of London-based Global Markets Exchange Group (GMEX Group), has launched Global Reporting Company (GRC) in partnership with Paris-based regulatory advisory firm CoDiese.
Sapient Launches End-of-Day Reporting Service
Sapient Global Markets has launched Close of Business Service (CoBS), an end-of-day reporting service for capital and commodity markets firms.
BNY's AccessEdge Collateral Portal Connects to Bloomberg
BNY Mellon has added a link with Bloomberg to its AccessEdge collateral management portal, allowing collateral receivers and providers to instruct collateral trades from the Bloomberg Professional service.
Advent Makes Across-the-Board Upgrades
San Francisco-based Advent Software has added functionality to its Geneva, Advent Portfolio Exchange (APX), Moxy, Advent Rules Manager, and Advent Revenue Center products.
Fidelity Adds Conditional Orders to Service Bureau
A catchy name can go a long way toward making a product popular. Fidelity’s bland-branded Service Bureau must be doing it some other way.
Asian Broker CLSA Uses Ullink for Risk
CLSA has selected Ullink’s pre-trade risk management system for its pan-Asian trading activity.
Buy-Side Technology Awards 2013: Best TCA Provider to the Buy Side—ITG
This is only the second year of this category’s existence, but you wouldn’t guess it from checking all the transaction-cost analysis (TCA) products on offer in the market. It means any provider needs to go that much farther to stand out, especially since…
Buy-Side Technology Awards 2013: Best Buy-Side Risk Management Initiative—LCH.Clearnet
The award bonanza for LCH.Clearnet’s SwapClear Margin Approximation Risk Tool (Smart) continues thanks to a savvy partnership with the Bloomberg Professional Service, which has exposed it to potentially over 300,000 pairs of eyes. Bloomberg in August…
Buy-Side Technology Awards 2013: Best CEP Product—OneMarketData
OneMarketData returns to the winners’ circle this year in the complex-event processing (CEP) category, thanks to its OneTick offering, by making a case for its mastery over the continuously ballooning volume of data flooding investment firms, both…
Buy-Side Technology Awards 2013: Best Buy-Side CRM Product—Digiterre
Digiterre couldn’t hold onto the customer relationship management (CRM) award after snagging it for the first time in 2010, but nor could Satuit or Advent, which won in 2011 and 2012, respectively. In the interim, Digiterre has added a series of modules…
Buy-Side Technology Awards 2013: Best Buy-Side Newcomer (Vendor or Product)—DealVector
Like penicillin, DealVector was born by random chance. Michael Manning went to Princeton and became a Silicon Valley entrepreneur, while David Jefferds went there and became a dealer in structured credit. Decades later, the two found themselves on the…
Buy-Side Technology Awards 2013: Best Buy-Side Client-Reporting Platform—Equipos
Research firm Investit reports that three-quarters of all asset managers will put a focus on client reporting and information delivery this year. That effort brings with it a host of data management challenges, which Equipos, whose Coric Client…
Buy-Side Technology Awards 2013: Best Integrated Front-Office Platform—Bloomberg
Bloomberg and Charles River Development have thrusted and parried back and forth in this category, seemingly alternating wins every year. Both have claimed the win three times in the category’s six years of existence. The judging panel determined that…
Eze Adds Workflow and Reporting Enhancements to Tradar 5.1
Eze Software Group has released version 5.1 of its Tradar PMS portfolio management system for the buy side.
Newedge Overhauls its Trading Architecture
The 2008 merger that created Newedge ─ between the brokerage arms of Société Générale and Credit Agricole ─ brought a host of trading systems, including eight order management systems, with overlap and redundancy galore. The French broker sought help…
Mizuho International Picks SS&C for OTC Derivatives Processing
Tokyo-based bank Mizuho International has appointed Windsor, Connecticut-based SS&C Technologies as a provider of middle office services for its over-the-counter (OTC) derivative transactions.
MarkitSERV to Process OTC Derivatives for OTC Clearing Hong Kong
MarkitSERV, Markit’s electronic trade processing service for over-the-counter (OTC) derivatives, now connects customers to OTC Clearing Hong Kong (OTC Clear), the clearing service established by Hong Kong Exchanges and Clearing (HKEx). OTC Clear started…