News
Delaware installs Quantifi XL
Solution. Advisors can deploy the system, add their clients' individual holdings and interests into their Salesforce contacts and the Dow Jones system will immediately return client news matches, enabling them to better engage affluent clients.
Month in Numbers
'There would not be an instance where two different hedge fund clients were on the same hardware platform. Data lapses cannot happen, not even accidentally'
SunGard unveils Asset Arena on the shores of Lake Como
At this year's SunGard Europa conference held in Como, Italy last month, SunGard announced that it had launched Asset Arena, its new 'umbrella' platform comprising the firm's buy-side-focused products and services.
Sky sees scalability benefits with Indata
Sky Investment Group, a $200 million investment and wealth manager primarily serving private clients, has achieved operational scalability and automated data management capabilities following its implementation of Indata's Investment Management System …
Kiodex extends LME support by adding daily contracts
Kiodex, the SunGard business unit and provider of Kiodex Workbench, a web-based commodities risk management platform, is set to roll out support for all daily commodities contracts listed on the London Metals Exchange (LME). Kiodex also confirmed that it…
Start-up energy fund takes Kiodex ASP
ETG Capital, a recently launched hedge fund manager focused on energy and commodities, has implemented SunGard's Kiodex Risk Workbench hosted commodity risk management, reporting, market data and valuation platform in order to develop efficient front…
Bloomberg Integrates Numerix Analytics
Bloomberg is rolling out multi-asset-class analytical tools for pricing structured products and over-the-counter derivatives from New York-based pricing and risk analytics provider Numerix integrated within Bloomberg Professional terminals, the vendors…
Thomson Preps Direct Feed Tests
Thomson Financial will next week begin a test phase with user firms for the low-latency element of its Thomson Data Feed, which is set to begin providing low-latency exchange data to clients in August.
Vendors Jump on Infini-Band-Wagon
Low-latency data rivals Reuters and Wombat Financial Software both unveiled new configuration options last week that utilize InfiniBand inter-application networking technologies from Voltaire to deliver reductions in data latency.
S&P Adds Global Data to Backtester Tool
Standard & Poor's has expanded the range of data available to users of its Backtester tool for selecting investment strategies using historical company financial information, by adding the ability to use the tool with S&P's Compustat Global Database.
Fitch Readies Market-Implied Ratings
Fitch Ratings is preparing to roll out a new set of credit rating indicators to complement its traditional research-based ratings by providing alternative, market-based indicators of a company's creditworthiness.
SGX Offers Proximity Hosting as New Feed Raises Interest
The Singapore Exchange (SGX) last week announced a proximity hosting service to give clients low-latency access to the exchange's data, under an agreement with network provider BT Radianz that will allow trading firms to locate high-frequency trading…
Nexa Eyes Partners for Asian Data
Nexa Technologies' Tick Data division is expanding its database of historical tick data to include quote and trade information from Asia-Pacific exchanges, with the aim of having "a meaningful group of Asian exchanges" available to customers by the end…
Users, Exchanges Weigh Data Volume Issues
Exchanges and user firms are still grappling with capacity issues to handle the flood of increasing market data, according to panel discussions at recent industry events in New York.
Activ: Cut Networking to Cut Latency
Like rivals Reuters and Wombat Financial Software ( see story, page 5 ), ticker plant and data provider Activ Financial is examining ways to reduce internal network latency. But unlike the others, Activ believes the best solution is to migrate more…
Fidessa Rolls Out DLA Service
NEW YORK—Order management system (OMS) and market data provider Fidessa announced the launch of its Fidessa Global Direct Liquidity Access offering last week.
Amex Suffers Trading Outage
NEW YORK—Traders on the American Stock Exchange (Amex) experienced an interruption in equity and exchange-traded funds (ETFs) last Thursday as the exchange halted trading in both instruments at 12:20 p.m. local time.
Borsa Italiana Fights Heating with Blade Servers
MILAN—In a drive to increase trading performance and reduce cooling costs and the amount of server real estate required, Borsa Italiana has recently adopted AMD Opteron-powered Hewlett-Packard (HP) ProLiant BL blade servers, say exchange officials.