Trading Tech
New Clients Join BATS Chi-X Europe Reporting Service
BATS Chi-X Europe has announced that four new participants have joined BXTR, its recently-launched suite of on- and off-exchange trade reporting service.
Fidessa Launches Affirmation Management Service
Technology vendor Fidessa has debuted its new Affirmation Management Service (AMS), designed to automate affirmation processes between the buy and sell sides.
Markit Announces Confirmation Service for FX Options
London-headquartered technology provider Markit has announced the development of a new electronic service for foreign-exchange (FX) options confirmations and exercise management, in conjunction with a number of investment banks.
BOAT Sails from Markit to Cinnober
Cinnober, a Swedish provider of exchange trading platforms and related market technologies, has acquired the Markit Trade Reporting service (also known as BOAT), and has taken over full responsibility for the over-the-counter trade reporting platform and…
Aréas Assurances Selects Linedata Chorus For Fund Management
Aréas Assurances, a French independent group made up of mutual insurance companies, has selected Linedata fund accounting and administration software solution, Linedata Chorus.
Clear Peak Capital Chooses IMS From Cymba Tech
Clear Peak Capital, the investment management arm of Clear Peak Capital Master Fund, has selected Cymba Technologies’ Investment Management Solution (IMS), Athena, to support its portfolio and order management, pre- and post-trade compliance, as well as…
Thomson Reuters Renews, Adds to Icap Swaps Data Deal
Thomson Reuters has renewed a long-standing contract to distribute price data on US Treasury bonds and US dollar-denominated interest rate swaps from interdealer broker Icap via the page 19901 service on its Eikon desktop for an undisclosed term, and is…
Macquarie Futures to Use CTC Reconciliation
Macquarie Futures has opted to use Gresham Computing’s Clareti Transaction Control solution (CTC) in the Amazon Web Services (AWS) cloud, to deliver automated reconciliation and exception management services to clients that use its brokerage services in…
Philippine Stock Exchange Adopts Nasdaq Tech
The Philippine Stock Exchange (PSE) will adopt X-stream Trading technology from Nasdaq OMX for trading equities and ETFs. It is expected to go live in mid-2015.
Thomson Reuters Adds MyVest to BETA Ecosystem
The global information provider has integrated MyVest's Strategic Portfolio System (SPS) into its BETA systems suite, allowing users to automate and scale transactions processing related to managed accounts.
Startup Trendrating Gets $1M Funding Boost
Switzerland-based Trendrating, a provider of price trend and momentum ratings for equities, exchange-traded funds, indexes and currencies, has raised $1 million in seed funding--including an undisclosed sum from the investment fund run by former Thomson…
BlueBay AM Taps Confluence for Regulatory Reporting
Blue Bay Asset Management has selected Confluence's Unity NXT regulatory reporting suite of solutions to comply with a raft of upcoming regulations currently affecting the buy side, such as the Alternative Investment Fund Managers Directive (AIFMD)
Industrial Alliance Takes Eagle for ABOR, IBOR Integration
Eagle Investment Systems has announced that Industrial Alliance Investment Management has selected its accounting and analytics platforms, and plans a further integration project.
The Acquisition: Japan Exchange Group CIO Yoshinori Suzuki
Yoshinori Suzuki, CIO of Japan Exchange Group, has overseen a massive technology overhaul during his tenure at the organization—but it’s an overhaul that he never expected to be in charge of just a few years ago. By Anthony Malakian, with photos by James…
SPN Alliance Connects to Volta
The SPN Alliance, a network of telecommunication providers, vendors and carriers, has completed the installation of its dark fiber connectivity into Volta Data Centre's London datacenter on Great Sutton Street to provide its members with improved…
Ingage Signs Four Asset Managers
Ingage, a new IT platform that aims to connect companies and investors directly to ease corporate access restrictions, has announced that Newton Investment Management, Majedie Asset Management, Pelham Capital and Union Bancaire Privee have joined the…
Omgeo Adds ProtoColl Link to DTCC Repository
Post-trade vendor Omgeo has announced that its ProtoColl software now connects to the Depository Trust and Clearing Corporation’s (DTCC) Global Trade Repository (GTR).
Quincy Adds ICE Futures, eSpeed Treasuries to QED Microwave Data
Low-latency market data provider Quincy Data has added equity and energy futures data from the IntercontinentalExchange (ICE) and US Treasury bond data from Nasdaq’s eSpeed electronic bond trading platform to its Quincy Extreme Data microwave service, to…
Innovation Suffering in Back Office Tech, Says Panel
Innovation in financial service technology is dead. So said Joseph Lodato, chief compliance officer at Guggenheim Securities, at a TSAM panel discussion last week.
Markit Eyes Federated Chat Integration Capabilities
Markit is building out the integration services component of its Collaboration Services initiative, an open messaging network for financial professionals to communicate and share information across any messaging platform.
July 2014: Beware the Snake Oil Salesman
The importance of technology in the capital markets cannot be understated, but when it comes to IBOR implementations, Victor says firms should be wary of vendors peddling all tech and no support.
SocGen Debuts Trade Repository Reporting Service
Société Générale Securities Services (SGSS) has announced the launch of its trade repository reporting service for over-the-counter (OTC) derivatives trades.
Swap Futures Special Report
May 2014 ─ sponsored exclusively by Equinix.
Solarflare Bows Data-Ordering Timestamps, Preps Security Adds
Hardware acceleration and data network technology vendor Solarflare has rolled out a timestamping API as part of its technology stack that ensures data is processed in the correct order, and is planning additions to its range of security tools designed…