Trading Tech
Itaú AM Taps Omgeo for Automated Post-Trade Processes
Brazil’s largest investment manager, Itaú Asset Management, has implemented Omgeo services for central trade matching and settlement instruction capabilities.
Nasdaq Opens Bangalore Tech Unit
Nasdaq OMX has announced the opening of a new office in Bangalore, India, dedicated to technology development.
BBVA Adds Neoris, AuthenWare for Employee Identification
Banco Bilbao Vizcaya Argentaria (BBVA) has enlisted the services of consultancy Neoris and biometrics firm AuthenWare, to develop a system of cyberbiometrics for employee identification purposes.
WSNS Adds Another IXnet Vet, Brad Lutz
Wall Street Network Solutions has named Bradford Lutz chief administrative officer, to support the company's next phase of growth and global expansion, officials say.
FSMLabs Bows Cloud Time-Sync App
Precision time synchronization solution provider FSMLabs has released TimeKeeper Cloud, a version of its TimeKeeper appliance running on Amazon Web Services that ensures consistent timing between distributed trading applications for effective trading and…
Asset Management Shift Inspires IT Transformation Among Middle Eastern Banks
While markets along the Persian Gulf have conspicuously built up financial infrastructure in recent years to attract foreign firms and capital, local banks elsewhere in the Middle East are bolstering their technological capacity to do precisely the…
IXcellerate Taps Cladingbowl as Tech Adviser
Russian datacenter provider IXcellerate has appointed Peter Cladingbowl senior technology adviser, responsible for assisting the company's operations team in developing its Moscow One datacenter campus and in the selection process for the Moscow Two…
Abacus Teams With Global Relay for Message Archiving
Abacus Group, a New York-based provider of hosted IT solutions for hedge funds and private equity funds, has partnered with Global Relay, a Vancouver-based provider of hosted email archiving, messaging and compliance services, to institute a message…
RapidMiner ‘Mines' Menzies' Experience to Grow Sales, Partners
Cambridge, Mass.-based predictive analytics provider RapidMiner has hired financial technology sales veteran Andy Menzies as chief revenue officer, responsible for the vendor's sales, business development and customer support functions.
ITRS, Excelian Partner on Murex Systems Monitoring
The monitoring software provider and specialist consultancy are collaborating on real-time system performance metrics and monitoring for cross-asset trading and risk management platform Murex.
Solarflare Releases Network Server Security Solution
Solarflare, a California-based producer of 10 gigabit ethernet (10GbE) networking software and hardware, has launched a distributed, active security solution that is implemented within network servers, the prime targets of cyber security breaches.
Tass Signs Etrali for Unified Trading Communications
German institutional bond trading firm Tass Wertpapierhandelsbank GmbH (Tass) has deployed a unified trading communications solution from Etrali Trading Solutions across its trading floors in London and Hofheim, Germany.
EU-Project First Launches Social Media Sentiment Analysis Tool
An European Union-backed consortium, Project First, has launched a prototype tool for near-real-time social media sentiment analysis for financial services firms.
Plug and Play
In the course of my job, I primarily speak with technologists. That is to say, the people who actually do the implementations in firms, and who are involved in the purchase, decision making and the due diligence.
Should Kill Switches be Fully Automated?
If it were up to Dave Lauer, technology architecture consultant at Norwegian case-based reasoning specialist Verdande Technology, the surveillance of software-related trading glitches, and the subsequently activated kill switches, would be performed…
TMX Atrium Mulls Asia FX Expansion, Eyes Canada, SEFs
TMX Atrium, the network provider subsidiary of Canadian exchange group TMX, is considering expanding its current foreign exchange market coverage beyond Europe and the US to Asia, to meet growing demand from customers for FX market data and connectivity…
Infinancials Develops Broker Tool to ID Stocks with Similar Fundamentals
French fundamental data and analytics provider Infinancials has developed a new web application, called Equity Trade Advisor, that online brokers can integrate with their online trading platforms to provide active traders with investment ideas based on…
CBOE Eyes 12-Month Latency Cuts
The Chicago Board Options Exchange is in the middle of an ongoing project to reduce data and transaction latency across its trading systems to less than 100 microseconds, building on existing latency reductions achieved as a result of moving its primary…
Startup Fund Linkul Value Taps YCharts
Startup asset manager Linkul Value Management has signed up to use Chicago-based YCharts’ online fundamental data analysis platform for historical analysis and running reports to create pitch books to attract investors.
Spreadsheets Still Rule, But for How Long?
Automation is good, but comfort can sometimes prove better. Anthony questions why Excel spreadsheets are still so prevalent on the buy side, especially at new firms that can choose their own path with new, advanced data management tools.
OptionsCity Colocates in Equinix in Frankfurt
OptionsCity, a Chicago-based provider of trading solutions for futures and options, has chosen the Equinix data center campus in Frankfurt as its hub for access to German derivatives exchange Eurex.
SuperDerivatives Lays out DGX 2014 Roadmap
Over-the-counter pricing and risk management software vendor SuperDerivatives is building out content and functionality on its DGX market data terminal, following the completion of the first-phase rollout of "must-have" data and functionality components…
S&P CapIQ Expands Asia Market Connectivity
S&P Capital IQ plans to extend its low-latency network to new liquidity centers in the Asia-Pacific region over the coming months, including Korea, India and Thailand, in an effort to meet growing customer demand for real-time exchange data.
Saxo Bank Launches Social Trading Floor
Copenhagen-based Saxo Bank has launched the beta version of its new social media-style trading floor.