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BRIEF OBJECTS

HVB MOVES TO CALYPSO

German bank HVB Group has gone live with Calypso’s back-office software system for foreign exchange (FX) transaction processing. According to officials, HVB was looking to introduce an automated system into the back office for FX, money market and FX options to further improve quality of processing as well as straight through processing (STP) rates. Says a bank spokesman, "With the implementation of FX processing as a first step, we have benefited from the system’s

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TMX’s indexing pivot bears first fruit

The acquisition of index provider VettaFi has boosted revenues in the exchange’s analytics division, but further growth could mean taking on the heavyweight data providers like S&P, FTSE Russell, and MSCI.

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