Data Management
New ClariFI release targets ‘quantimental' managers
New York based ClariFI, a wholly owned subsidiary of Standard & Poor's and part of S&P's Capital IQ business, has unveiled the latest version of its flagship offering, ModelStation v4.0. The most significant enhancement in 4.0 is the inclusion of Event…
YouDevise Bolsters TIM analysis
YouDevise, a London-based provider of technology for distributing trade ideas between dealers and buy-side clients, has added new features to its Trade Idea Monitor (TIM) platform to perform more detailed sentiment analysis and more flexible reporting…
Omgeo unveils counterparty risk offering
Omgeo has announced the availability of its counterparty risk management platform, comprising Omgeo ProtoColl (formerly Allustra Kyros), the firm's automated collateral management offering; and Omgeo CrossCheck (formerly Global Electronic Market's FpML…
The evolving role of the buy-side project manager
The buy side is currently facing a number of acute challenges including the need to improve the efficiency and discipline of business processes, implement technology to enhance client service, manage risk, support the introduction of new asset classes…
Capital IQ Adds UK Share Ownership Data
Standard & Poor's Capital IQ division will this week add UK share register data from London-based shareholder analysis firm JunctionRDS into its Capital IQ desktop platform, to deepen its ownership profiles of UK-listed companies, and enable users to…
Glitch Leads to $31 Billion Trade Snafu for UBS
TOKYO-Due to a system error, a Japanese unit of Swiss bank UBS mistakenly place a ¥3 trillion ($31 billion) order for convertible bonds for computer games vendor Capcom last week instead of an intended ¥30 million ($304,200) trade.
One Moment in Time
Hindsight is always 20-20, so the saying goes. Of course it is; when the time comes to look back, we have facts to hand that may not have been available when we had to take action. While some decisions should never be made on gut feeling, financial…
FirstRain Adds Debt-Search Capabilities
Calif.-based research and Web content aggregator FirstRain will this week include new content on corporate and municipal debt with a range of topics that subscribers can use to create meaningful commentary on a company's or state's creditworthiness based…
LSE Preps Phase Two of Co-Lo Service
The London Stock Exchange is preparing to roll out the second phase of its Exchange Hosting co-location service, which will include the provision of low-latency data from other exchanges and multilateral trading facilities to its co-location clients,…
Nasdaq OMX Unveils Govt. Relief Index
Nasdaq OMX will this week launch a new index designed to measure the performance of European companies that have received government aid, and to be a tool for traders who invest in those companies as a basket of stocks, officials tell Inside Market Data .
New Game, New Players
After months of anticipation about who lead the London Stock Exchange (LSE) Group in the post-Markets in Financial Instruments Directive (Mifid) world, exchange officials announced at press time that former Lehman Brothers executive Xavier Rolet would…
The Continuing Story of Stimulus Bill
Last week, Alex "A-Rod" Rodriguez, slugger for the New York Yankees baseball team, admitted to taking performance-enhancing substances while at the Texas Rangers. Many fans recoiled in shock and dismay, but others wondered how the buff-looking A-Rod had…
Code Red Unveils IdeaNet
Boston-based research management software vendor Code Red has signed up the first buy-side participants to its IdeaNet online platform for the distribution of research and trade ideas between sell-side broker-dealers and buy-side clients, which went live…
Essex Radez Grows Data Network
Chicago-based broker and data redistributor Essex Radez has expanded the reach of its data collection network with hosting space in Equinix's NY4 datacenter in Secaucus, NJ, and a point of presence (PoP) in Savvis' Weehawken, NJ datacenter, to provide…
BATS Mulls Fees for Value-Added Data
The BATS Exchange, the former BATS Trading ECN, is eliciting client feedback to aid the development of a suite of new, value- added data products and analytics that may be fee-liable, though the exchange's core market data will remain fee-free, officials…
1010Data Adds Credit Links
New York-based data analysis software provider 1010Data has integrated its managed business intelligence platform with a dataset of loan-level consumer credit information from credit data agency Equifax, to enable firms to more accurately price…
Automation Without Automatons
Automation has sometimes had a bad rap in our industry, especially when research reports raised the specter of trading algorithms displacing human traders in a Terminator -esque depiction of trading floors of the future. With a major economic stimulus…
Agora Corretora Deploys Apama CEP
Brazilian broker Agora Corretora de Titulos e Valores Mobiliarios is rolling out Progress Apama's complex event processing engine to support analysis of market data and trading on the country's BM&F Bovespa exchange group.
TraderPlanet to Track Sentiment
TraderPlanet.com, a social networking portal that provides commentary, price data and news for active traders, will this week unveil a new feature, dubbed TraderPlanet Index, that tracks market sentiment based on input from participating traders.
TriCygnet Adds New Assets to TimeScape
New York-based global macro fund TriCygnet has expanded its use of data management technology vendor Xenomorph's TimeScape product to support trading and analysis of new asset classes within its analytical models.
BGC to Distribute ELX Market Data
ELX Electronic Liquidity Exchange, a new futures exchange founded by a consortium of broker-dealers and trading firms, is to use BGCantor Market Data, the data arm of interdealer broker BGC Partners, as its exclusive distributor of market data.