Articles by Timothy Bourgaize Murray
Nasdaq Economist: Equities' Electronic Opacity Inhibits Confidence, Growth
At TradeTech East this week, Nasdaq OMX chief economist Frank Hatheway offered a blunt assessment of what's needed to pull the global economy back to into “a virtuous cycle of expansion.” Providing a clearer view into electronic equities trading is one…
ITRS, Verdande Partner on Systems Risk
Verdande, the case-based reasoning (CBR) systems provider based in Trondheim, Norway, will integrate its Edge platform into ITRS's Geneos application performance monitoring solution.
Jefferies & Co. Takes a Pair from IPC
The global investment banking group is plugging into IPC's Connexus extranet as well as the communications provider's Direct Connect data service.
New 'Agora' Enables Shift in Quants' Roles
Flush with financial engineering knowledge as never before, firms are deploying quants to tackle new challenges. Tim Bourgaize Murray reports on a fresh discourse among them about technology—including communication, memory, and intuition—indicating a new…
Imagine Software Releases High-Volume Risk Management Tool
The HVRM solution, targeted at clearing houses, enables firms to cope with CFTC rules 1.73 and 1.74, which require screen orders and monitoring for pre-established risk-based limits.
Perseus Joins FPL
The connectivity provider says it will join the High Performance and Latin America Working Groups of industry group Fix Protocol Limited, adding insight to discussions about layer-2 networking.
IntraLinks Unveils Investor Portals for Alternatives
The content management provider is set to unveil the new solutions at upcoming conferences in Berlin and New York.
Trad-X Launches Dollar Rate Swaps
The hybrid platform for interest rate swap (IRS) trading, jointly operated by a consortium of 11 major banks and managed by interdealer broker Tradition, is set to build off its successful launch of Euro products 18 months ago.
Liability Protection, R&D Needed After Cybersecurity Executive Order
One of the Obama Administration's first actions in the new term is proving controversial. All parties agree on the perils of hacking, but financial firms are skeptical that regulating cybersecurity, alone, is the right approach.
Javelin Taps IPC's Connexus Ahead of Swaps Execution
Nascent derivatives execution platform Javelin, which plans to serve as a swap execution facility (SEF) in the newly regulated environment, will plug into IPC's Connexus financial extranet that includes a variety of interbroker dealers and institutional…
FTN Financial Implements HelixRepo, HelixMBS
Part of First Tennessee National Bank based in Memphis, FTN Financial Capital Markets will use HelixRepo and HelixMBS to track fixed-income financing and automate allocation of its mortgage-backed securities (MBSs) pools, respectively.
Capco Introduces 'Living Wills' Platform
Known officially as resolution plans, living wills for financial institutions are mandated by Dodd-Frank to provide rapid and orderly deconstruction of institutions in event of distress or bankruptcy.
Fighting Zombies: Valuation Scrutiny Upends Private Equity
Regulators and potential investors have made clear that private equity (PE) firms should draw a line from valuation algorithms to limited partner, or LP, reporting. Technology is the ink.
OMS Workflow Tool Introduced by Thomson Reuters
The DataScope Workflow License (DWL) will provide a series of technical indicators to optimize investment firms' order management systems.
CFTC's O'Malia Says Tech Training Wheels Are Off
The only way to face the Commodity Futures Trading Commission's challenges is through robust surveillance automation and analytics. Technology is the bike—the commissioner says the regulator needs to learn to ride.
DataArt Expands in Ukraine
The custom software builder is set to open additional R&D outposts in the coastal city of Odessa and inland industrial center Dnipropetrovsk.
Second Time Around, Corporate Bonds Platforms Putting Interface First
Benchmark Solutions and iTB both aim to make corporate debt tools elegant as trading in the asset class incrementally goes electronic. Their interfaces illustrate two approaches, fit to purpose.
The UX Factor: Visual Design Meets Finance
Financial applications once eschewed Marshall McLuhan’s famous argument—that the “medium is the massage”—by prioritizing function and cost over the beauty of the interface. No longer, experts say. Tim Bourgaize Murray reports on a design revolution that…
Information Mosaic Preps IMActions for T2S
Post-trade software provider Information Mosaic, based in Dublin, says its corporate actions solution has been enhanced to meet the new European settlement protocols.
Beyond DDoS: Advanced Persistent Threats Linger After al-Qassam
After recent cyber attacks on US financial firms, the conversation has focused on distributed denial of service (DDoS) strikes. But firms need to acknowledge that DDoS is simply a means; the ends suggest something more complicated.
National Bank of Malawi Installs Misys Global Risk
The Sub-Saharan nation's largest bank, known locally as NBM, will use the firm's Regulatory Compliance solution to meet Basel II requirements.
Eze Castle's App Cloud Drops
Hedge funds solutions provider Eze Castle Integration (ECI) says its application delivery platform will enable app writers to give their clients faster time to value, while enabling app vendors themselves to transition to more of a Software-as-a-Service …
Former Microsoft CMO Mathews Joins Oanda Board
After 22 years at the software giant, Mich Mathews will support the FX trading services portal's brand positioning.
G2 FinTech Bolsters Cost Basis Reporting Tool
TaxGopher+, G2 FinTech's cost basis reporting (CBR) solution for investment managers, will support fixed-income and options transactions, the final covered securities under the US Internal Revenue Service's 1099-B rules to be introduced beginning in 2014.