Trading Tech
Verizon Expands VFN Network Access to Exchanges, Datacenters
US telecom giant Verizon's Enterprise Solutions division has expanded its Verizon Financial Network to more than 50 new marketplaces and other sources of data, trading and services, in response to demand for more flexible and scalable ways to access…
NetDania Adds Languages, Alerts, Chart Tools to App; Eyes Trading
Danish foreign exchange data display and trading technology provider NetDania has upgraded its NetDania Forex & Stocks mobile app for Apple iOS and Android smartphones and tablet devices to meet increasing demand for localized content from emerging…
ParFX Adds JPMorgan, Citi as Founder Banks
ParFX has announced that JPMorgan and Citi have joined the foreign-exchange (FX) platform as founding members, bringing the total to 14.
Bloomberg SEF Completes First Sponsored Access Swap Trade
The trade by NISA Investment Advisors, supported by Credit Suisse's futures commission merchant (FCM) arm and Goldman Sachs, comes ahead of next week's deadline for the buy-side to begin mandatory execution on SEFs.
Perseus Nabs Fixnetix's Bertoli for Chief Marketing Role
Low-latency long-haul fiber and microwave network provider Perseus Telecom has hired Karen Bertoli as chief marketing officer, based in the vendor's Miami, Fla office and reporting to chief executive Jock Percy.
Chaikin Completes ETF Data Addition to Desktop, iPad App
Philadelphia-based investment analytics provider Chaikin Analytics has completed the rollout of data on more than 1,500 exchange-traded funds onto its desktop display tool and iPad app.
Citi Private Bank Replaces Proprietary Systems with Charles River IMS
Citi Private Bank has selected the Charles River Investment Management System (IMS) to replace its proprietary order and portfolio management engines. Citi will also be using OpenAI, built by Citi’s Investor Services, for trade processing and…
eVestment Launches Analytics, Portfolio Construction Platform
eVestment has launched Quantum Analytics, a cloud-based portfolio analysis and construction platform.
Altibase Taps Intel for Big Data Analysis Performance Boost
Fort Lee, NJ-based in-memory database provider Altibase has developed a joint solution with Intel that offers greater speed and storage for Big Data analysis by creating a bridge between Altibase's HybridDB database and Intel's Distribution for Apache…
Black Mountain Systems Taps Eze Private Cloud
An investment management software provider, Black Mountain has moved its Everest platform to Eze Castle Integration's private cloud.
Equinix Preps Fourth Australian Datacenter
Datacenter and hosting provider Equinix has acquired space close to Melbourne's business district to construct its first IBX datacenter in the city, in addition to its three existing facilities in Sydney, in response to demand for co-location and…
Custom Connect Adds PoP at IXcellerate Moscow Datacenter
Holland-based Custom Connect, which designs and builds custom fiber and microwave networks, says it has set up a point of presence at datacenter operator IXcellerate's Moscow One facility in response to client demand for connectivity to new markets.
TMX to Use Ullink for Pre-Trade Risk and Connectivity
Canadian exchange consortium TMX Group has selected Ullink, a Paris-based provider of connectivity and trading solutions, to provide a pre-trade risk management and connectivity solution for its equity trading customers.
Data Interoperability Needed For Hedgers After EMIR Deadline
Properly creating unique trade identifier (UTI) data is only half the challenge for buy-side firms as the European Market Infrastructure Regulation (EMIR) reporting mandate takes hold today. The other half? Making sure counterparties are doing the same…
LSE Partners CheetahFix for African Connectivity
The London Stock Exchange Group (LSE) and CheetahFix have announced a collaboration to connect electronic trading entities in South Africa with the British bourse.
China Life AM Selects Markit EDM
Markit has announced that China Life Asset Management has selected its Markit EDM platform for data management.
Swiss Private Bank Chooses SmartTrade for FX
Bank Vontobel, a Swiss private bank, will introduce a new client offering in foreign exchange (FX) trading for spot, forward and swaps, based on smartTrade's LiquidityFX hosted solution.
Shuaa Capital Goes Live with SunGard’s Front Arena
Dubai-based investment firm Shuaa Capital went live with SunGard’s Front Arena product to enhance operational efficiency and client service.
Singapore Moves to Shorten Settlement Cycle
The Singapore Exchange (SGX) and the Monetary Authority of Singapore (MAS) has jointly announced that the South-East Asian nation's securities market will move to T+2 settlement, in line with other global reforms.
ITRS Readies Market Data Integrity Monitor
UK-based real-time systems and latency monitoring vendor ITRS has added a new analytic framework to its Geneos monitoring platform, which will enable firms to monitor the quality, accuracy and completeness of real-time data feeding their derived data…
Bloomberg Moves to Curb IM Connectivity
Bloomberg is removing the Federated Chat component of its Bloomberg Instant Messaging service, which allows clients to use its Bloomberg Professional terminal to directly message users of third-party communication platforms such as AOL Instant Messenger…
For IBOR, Pick a Definition and Stick To It
For firms that embark on an investment book of record (IBOR) implementation, the first step is to develop a clear internal definition of what an IBOR is, because an industry consensus does not exist.
Is IBOR Just a Buzzword?
Moderator Barry Chester, wrapping up a panel discussion on the business case for installing an investment book of record (IBOR), asked a question that should be asked of any hot new piece of technology: Is IBOR just a buzzword? Surprisingly, not everyone…
Nous Bows Crowd-Sourced Investor Sentiment Data
Startup trading application and data provider Nous will next week unveil a feed of crowd-sourced data aimed at banks and hedge funds that delivers a view of investor sentiment based on the trading decisions of investors using the vendor's mobile app…