Timothy Bourgaize Murray
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Articles by Timothy Bourgaize Murray
Thomson Reuters' MarketPsych Indexes Suited to HFT
The partnership with MarketPsych will augment Thomson Reuters' existing news analytics with processing backed by behavioral economics.
For Bank Loans, STP Initiative Promises New Frontier
Syndicated, or bank, loan trading stands to become more attractive for the buy side as Markit and agency banks collaborate on faster settlement and real-time views of inventory.
Investment Managers Say Fee Leakage Remains Unwieldy
Up to half of investment management firms to continue to see operational costs in manually processed payments and delayed billing.
Reconciliation Tools Made Nimble: Empaxis, SmartStream Team on Back-Office Platform
The partnership will provide small and mid-sized firms a managed solution for trade reconciliation and exceptions processing at cost, with functionality previously available only for larger organizations.
IPC Connexus Links to Bats Equities and Options Markets
Financial extranet to enhance connectivity to largest alternative exchanges in the US.
Linedata Beauchamp Enhanced to Meet Hong Kong Short Position Rules
Move comes ahead of new rules soon to be implemented by the Hong Kong Securities and Futures Commission.
Automated CBR Software Helps Investors Count Their (Tax) Losses
In May, the IRS delayed the implementation for cost-basis reporting for fixed-income instruments—but shoring up financial firms' tax knowledge and solutions should be done now.
Automated CBR Software Helps Investors Count Their (Tax) Losses
In May, the IRS delayed the implementation for cost-basis reporting for fixed-income instruments—but shoring up financial firms' tax knowledge and solutions should be done now.
BBH First to Implement Real-Time Corporate Actions Messaging
The adaption of the DTCC/Swift solution comes as the bank looks to adapt the new ISO 20022 standard.
Canada Investment Managers Confident on T+1 Matching
Survey of 15 operations chiefs reveals readiness for new matching rules, concerns over LEI and reporting requirements in the Great North.
FIX Protocol Ltd. Expands Risk Control Guidelines for Trade Messaging
The industry group adds recommendations for futures and options derivatives and directions on effective control for paused orders, among other guidelines.
Survey: Olympics BCP Uneven Among London Firms
Half of the survey’s 134 respondents expect market disruptions, while investment in business continuity plans varies widely among City firms.
Pershing Enhances NetExchange Client
The investor access platform will feature mobile device access and richer content.
Bribery Meets Its Match: Technology, Regulation Combat Corruption
No longer a “cost of doing business,” bribery and corruption on UK soil—or perpetrated through a UK-based firm anywhere in the world—have become serious offenses under sweeping legislation passed last year. Tim Bourgaize Murray finds, with authorities…
BM&F CTO Castro Moves to Interactive Brokers Brazil
Castro departs the exchange after implementing a new matching system and serving as CIO prior to the Bovespa tie-up.
Head Technologists: ‘Evolutionary’ Solutions Can’t Solve Big Challenges
As regulation leaves head technologists hamstrung with higher costs and tightening budgets, firms are looking for a silver lining and new ways to attract talent.
Hedge Funds Sharpen Focus on Collateral Management Tools
From equity finance add-ons to collateral transformation, hedge funds are scrutinizing their broker relationships and collateral allocation more than ever. Tim Bourgaize Murray explores how funds, seeking to mitigate operational risk, are warming to…
DTCC Taps LaFleur for Government Relations Role in Asia
The former ambassador to Malaysia was most recently head of government relations and corporate responsibility at JPMorgan's Japan office.
Instinet's Newport EMS Gets Derivatives Upgrades
Version 3.13 will feature ETF spreads and smart order routing and legging algorithms, among other enhancements.
SEC Modifies 'Flash Crash' Circuit Breaker Rules
Revisions to limit-up–limit-down and circuit breaker parameters will simplify but intensify requirements for exchanges and other trading venues.
The Year of 'Co-Sourcing'? Apollo Global Management Links with Gravitas
The expansive services agreement, three years in the making, will feature integrated staffing from credit research functions to data warehousing.
Tradition Adds Spot FX with TraFXpure Platform
New platform will provide lower costs for end-users and increased transparency through electronic execution.
Knight Adds FCM with Acquisition of Penson Futures
Move reflects shift toward electronically traded futures and industry demand for independent clearing.
EMCF to Provide Clearing for Turquoise
The LSE-owned pan-European exchange will now offer to traders four choices for clearing.